LAUGALAND KRAFT AS

4130 HJELMELAND

Finances

Share Ownership

Return on Equity

62,77 %

Current Ratio

2,54

Debt-to-Equity Ratio

0,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	870 000	298 000	37 000	175 000
Net Income	602 000	150 000	−53 000	48 000
Total Assets	1 856 000	1 027 000	949 000	1 123 000
Total Equity	959 000	357 000	207 000	260 000

Income (NOK)	2022	2021	2020	2019
Revenue	870 000	298 000	37 000	175 000
Expenditure	77 000	75 000	67 000	67 000
Operating Profit	792 000	223 000	−30 000	108 000
Financial Income	2 000	2 000	2 000	2 000
Financial Costs	23 000	33 000	40 000	48 000
Financial Balance	−21 000	−31 000	−38 000	−46 000
Earnings Before Tax	772 000	192 000	−68 000	62 000
Tax	170 000	42 000	−15 000	14 000
Net Income	602 000	150 000	−53 000	48 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	966 000	849 000	925 000	943 000
Total Current Assets	891 000	177 000	24 000	180 000
Total Assets	1 856 000	1 027 000	949 000	1 123 000
Total Retained Equity	509 000	−93 000	−243 000	−190 000
Total Equity	959 000	357 000	207 000	260 000
Total Long-Term Debt	547 000	587 000	671 000	766 000
Total Current Debt	351 000	84 000	71 000	98 000
Total Equity and Debt	1 856 000	1 027 000	949 000	1 123 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	870 000	298 000	37 000	175 000
Other Income	0	0	0	0
Revenue	870 000	298 000	37 000	175 000
Cost of Goods Sold	6 000	4 000	0	0
Salary Costs	0	0	0	0
Depreciation	33 000	33 000	33 000	33 000
Impairment	0	0	0	0
Expenditure	77 000	75 000	67 000	67 000
Operating Profit	792 000	223 000	−30 000	108 000
Financial Income	2 000	2 000	2 000	2 000
Financial Costs	23 000	33 000	40 000	48 000
Financial Balance	−21 000	−31 000	−38 000	−46 000
Dividends	0	0	0	0
Net Income	602 000	150 000	−53 000	48 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	29 000	71 000	56 000
Real Eastate	944 000	799 000	827 000	856 000
Machinery and Plant Facilities	17 000	22 000	26 000	30 000
Fixtures	0	0	0	0
Total Tangible Assets	961 000	820 000	853 000	887 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	966 000	849 000	925 000	943 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	954 000	139 000	9 000	126 000
Total Current Assets	891 000	177 000	24 000	180 000
Total Assets	1 856 000	1 027 000	949 000	1 123 000
Total Equity	959 000	357 000	207 000	260 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	547 000	587 000	671 000	766 000
Creditors	0	0	0	0
Unpaid Taxes	169 000	57 000	15 000	43 000
Dividends	0	0	0	0
Other Current Debt	37 000	26 000	56 000	55 000
Total Current Debt	351 000	84 000	71 000	98 000
Total Equity and Debt	1 856 000	1 027 000	949 000	1 123 000

Financial indicators	2022	2021	2020	2019
Return on Equity	62,77 %	42,02 %	−25,6 %	18,46 %
Debt-to-Equity Ratio	0,57	1,64	3,24	2,95
Operating Profit Margin	91,03 %	74,83 %	−81,08 %	61,71 %
Current Ratio	2,54	2,11	0,34	1,84
Quick Ratio	2,54	2,11	0,34	1,84
Equity Ratio	0,52	0,35	0,22	0,23
Gross Profit Margin	99,31 %	98,66 %	100 %	100 %