LIFE STRØMSØ SENTER AS

3044 DRAMMEN

Finances

Share Ownership

Return on Equity

−33,51 %

Current Ratio

0,45

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 300 000	3 562 000	3 580 000	2 872 000
Net Income	186 000	74 000	209 000	−121 000
Total Assets	576 000	498 000	606 000	490 000
Total Equity	−555 000	−734 000	−808 000	−1 017 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 300 000	3 562 000	3 580 000	2 872 000
Expenditure	3 075 000	3 462 000	3 301 000	2 989 000
Operating Profit	226 000	101 000	280 000	−118 000
Financial Income	0	0	0	0
Financial Costs	40 000	26 000	71 000	3 000
Financial Balance	−40 000	−26 000	−71 000	−3 000
Earnings Before Tax	186 000	74 000	209 000	−121 000
Tax	0	0	0	0
Net Income	186 000	74 000	209 000	−121 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	39 000	70 000	87 000	160 000
Total Current Assets	537 000	427 000	520 000	330 000
Total Assets	576 000	498 000	606 000	490 000
Total Retained Equity	−848 000	−1 034 000	−1 108 000	−1 317 000
Total Equity	−555 000	−734 000	−808 000	−1 017 000
Total Long-Term Debt	−56 000	0	0	0
Total Current Debt	1 188 000	1 232 000	1 414 000	1 506 000
Total Equity and Debt	576 000	498 000	606 000	490 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 300 000	3 562 000	3 580 000	2 872 000
Other Income	0	0	0	0
Revenue	3 300 000	3 562 000	3 580 000	2 872 000
Cost of Goods Sold	1 928 000	2 080 000	2 058 000	1 883 000
Salary Costs	950 000	913 000	843 000	771 000
Depreciation	21 000	21 000	24 000	33 000
Impairment	0	0	0	0
Expenditure	3 075 000	3 462 000	3 301 000	2 989 000
Operating Profit	226 000	101 000	280 000	−118 000
Financial Income	0	0	0	0
Financial Costs	40 000	26 000	71 000	3 000
Financial Balance	−40 000	−26 000	−71 000	−3 000
Dividends	0	0	0	0
Net Income	186 000	74 000	209 000	−121 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	45 000	66 000	87 000	108 000
Machinery and Plant Facilities	0	0	0	2 000
Fixtures	0	0	0	1 000
Total Tangible Assets	45 000	66 000	87 000	110 000
Total Fiancial Fixed Assets	−6 000	4 000	0	49 000
Total Fixed Assets	39 000	70 000	87 000	160 000
Stock	337 000	384 000	384 000	271 000
Total Investments	0	0	0	0
Cash, Bank	201 000	43 000	135 000	59 000
Total Current Assets	537 000	427 000	520 000	330 000
Total Assets	576 000	498 000	606 000	490 000
Total Equity	−555 000	−734 000	−808 000	−1 017 000
Short-Term Group Debt	166 000	166 000	166 000	171 000
Total Long-Term Debt	−56 000	0	0	0
Creditors	680 000	856 000	1 044 000	1 091 000
Unpaid Taxes	216 000	95 000	94 000	103 000
Dividends	0	0	0	0
Other Current Debt	125 000	115 000	111 000	141 000
Total Current Debt	1 188 000	1 232 000	1 414 000	1 506 000
Total Equity and Debt	576 000	498 000	606 000	490 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−33,51 %	−10,08 %	−25,87 %	11,9 %
Debt-to-Equity Ratio	0,1	−0	−0	−0
Operating Profit Margin	6,85 %	2,84 %	7,82 %	−4,11 %
Current Ratio	0,45	0,35	0,37	0,22
Quick Ratio	0,63	0,5	0,5	0,27
Equity Ratio	−0,96	−1,47	−1,33	−2,08
Gross Profit Margin	41,58 %	41,61 %	42,51 %	34,44 %