LB INVEST III AS

3560 HEMSEDAL

Finances

Return on Equity

13,48 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	756 000	959 000	786 000	999 000
Total Assets	6 819 000	7 067 000	6 916 000	6 928 000
Total Equity	5 609 000	6 053 000	6 094 000	6 108 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	49 000	64 000	89 000	61 000
Operating Profit	−49 000	−64 000	−90 000	−62 000
Financial Income	800 000	1 020 000	872 000	1 069 000
Financial Costs	0	0	0	0
Financial Balance	800 000	1 020 000	872 000	1 069 000
Earnings Before Tax	751 000	956 000	782 000	1 008 000
Tax	−6 000	−3 000	−4 000	8 000
Net Income	756 000	959 000	786 000	999 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	805 000	805 000	805 000	805 000
Total Current Assets	6 014 000	6 262 000	6 111 000	6 124 000
Total Assets	6 819 000	7 067 000	6 916 000	6 928 000
Total Retained Equity	3 582 000	4 026 000	4 067 000	4 081 000
Total Equity	5 609 000	6 053 000	6 094 000	6 108 000
Total Long-Term Debt	7 000	13 000	16 000	20 000
Total Current Debt	1 203 000	1 001 000	806 000	801 000
Total Equity and Debt	6 819 000	7 067 000	6 916 000	6 928 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	9 000	17 000	1 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	49 000	64 000	89 000	61 000
Operating Profit	−49 000	−64 000	−90 000	−62 000
Financial Income	800 000	1 020 000	872 000	1 069 000
Financial Costs	0	0	0	0
Financial Balance	800 000	1 020 000	872 000	1 069 000
Dividends	1 200 000	1 000 000	800 000	800 000
Net Income	756 000	959 000	786 000	999 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	805 000	805 000	805 000	805 000
Total Fixed Assets	805 000	805 000	805 000	805 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 108 000	335 000	1 201 000	1 253 000
Total Current Assets	6 014 000	6 262 000	6 111 000	6 124 000
Total Assets	6 819 000	7 067 000	6 916 000	6 928 000
Total Equity	5 609 000	6 053 000	6 094 000	6 108 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 000	13 000	16 000	20 000
Creditors	3 000	1 000	3 000	0
Unpaid Taxes	0	0	3 000	1 000
Dividends	1 200 000	1 000 000	800 000	800 000
Other Current Debt	0	0	0	0
Total Current Debt	1 203 000	1 001 000	806 000	801 000
Total Equity and Debt	6 819 000	7 067 000	6 916 000	6 928 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,48 %	15,84 %	12,9 %	16,36 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	5	6,26	7,58	7,65
Quick Ratio	5	6,26	7,58	7,65
Equity Ratio	0,82	0,86	0,88	0,88
Gross Profit Margin	-	-	-	-