LAGERVEIEN 12A AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

−22,5 %

Current Ratio

0,37

Debt-to-Equity Ratio

7,79

Key figures (NOK)	2021	2020	2019	2018
Revenue	3 187 000	3 286 000	3 163 000	2 040 000
Net Income	−615 000	100 000	−72 000	−1 228 000
Total Assets	25 260 000	26 879 000	27 740 000	29 130 000
Total Equity	2 733 000	3 348 000	3 248 000	3 320 000

Income (NOK)	2021	2020	2019	2018
Revenue	3 187 000	3 286 000	3 163 000	2 040 000
Expenditure	3 315 000	2 354 000	2 428 000	2 862 000
Operating Profit	−129 000	932 000	735 000	−821 000
Financial Income	0	21 000	0	25 000
Financial Costs	659 000	825 000	827 000	879 000
Financial Balance	−659 000	−804 000	−827 000	−854 000
Earnings Before Tax	−789 000	128 000	−92 000	−1 676 000
Tax	−174 000	28 000	−20 000	−447 000
Net Income	−615 000	100 000	−72 000	−1 228 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	24 799 000	25 575 000	26 665 000	27 505 000
Total Current Assets	461 000	1 304 000	1 075 000	1 625 000
Total Assets	25 260 000	26 879 000	27 740 000	29 130 000
Total Retained Equity	0	100 000	0	0
Total Equity	2 733 000	3 348 000	3 248 000	3 320 000
Total Long-Term Debt	21 288 000	23 250 000	23 222 000	23 415 000
Total Current Debt	1 240 000	281 000	1 270 000	2 396 000
Total Equity and Debt	25 260 000	26 879 000	27 740 000	29 130 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	688 000	0	0	0
Other Income	2 499 000	3 286 000	3 163 000	2 040 000
Revenue	3 187 000	3 286 000	3 163 000	2 040 000
Cost of Goods Sold	0	0	0	0
Salary Costs	790 000	0	0	0
Depreciation	844 000	840 000	840 000	832 000
Impairment	0	0	0	0
Expenditure	3 315 000	2 354 000	2 428 000	2 862 000
Operating Profit	−129 000	932 000	735 000	−821 000
Financial Income	0	21 000	0	25 000
Financial Costs	659 000	825 000	827 000	879 000
Financial Balance	−659 000	−804 000	−827 000	−854 000
Dividends	0	0	0	0
Net Income	−615 000	100 000	−72 000	−1 228 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	24 784 000	25 560 000	26 392 000	27 217 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	15 000	15 000	23 000	39 000
Total Tangible Assets	24 799 000	25 575 000	26 415 000	27 256 000
Total Fiancial Fixed Assets	0	0	250 000	250 000
Total Fixed Assets	24 799 000	25 575 000	26 665 000	27 505 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	58 000	28 000	49 000	103 000
Total Current Assets	461 000	1 304 000	1 075 000	1 625 000
Total Assets	25 260 000	26 879 000	27 740 000	29 130 000
Total Equity	2 733 000	3 348 000	3 248 000	3 320 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	21 288 000	23 250 000	23 222 000	23 415 000
Creditors	806 000	233 000	1 257 000	2 035 000
Unpaid Taxes	261 000	0	13 000	21 000
Dividends	0	0	0	0
Other Current Debt	173 000	47 000	0	340 000
Total Current Debt	1 240 000	281 000	1 270 000	2 396 000
Total Equity and Debt	25 260 000	26 879 000	27 740 000	29 130 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−22,5 %	2,99 %	−2,22 %	−36,99 %
Debt-to-Equity Ratio	7,79	6,94	7,15	7,05
Operating Profit Margin	−4,05 %	28,36 %	23,24 %	−40,25 %
Current Ratio	0,37	4,64	0,85	0,68
Quick Ratio	0,37	4,64	0,85	0,68
Equity Ratio	0,11	0,12	0,12	0,11
Gross Profit Margin	100 %	100 %	100 %	100 %