LAB7 AS

6065 ULSTEINVIK

Finances

Return on Equity

−5,6 %

Current Ratio

46,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 000	278 000	1 071 000	1 722 000
Net Income	−71 000	121 000	64 000	292 000
Total Assets	1 292 000	1 413 000	1 364 000	1 553 000
Total Equity	1 268 000	1 339 000	1 219 000	1 155 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 000	278 000	1 071 000	1 722 000
Expenditure	161 000	240 000	1 021 000	1 369 000
Operating Profit	−154 000	39 000	49 000	353 000
Financial Income	272 000	92 000	28 000	3 000
Financial Costs	189 000	1 000	2 000	2 000
Financial Balance	83 000	91 000	26 000	1 000
Earnings Before Tax	−71 000	130 000	74 000	354 000
Tax	0	9 000	11 000	63 000
Net Income	−71 000	121 000	64 000	292 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	221 000	218 000	217 000	195 000
Total Current Assets	1 070 000	1 195 000	1 148 000	1 359 000
Total Assets	1 292 000	1 413 000	1 364 000	1 553 000
Total Retained Equity	1 167 000	1 237 000	1 117 000	1 053 000
Total Equity	1 268 000	1 339 000	1 219 000	1 155 000
Total Long-Term Debt	0	0	2 000	1 000
Total Current Debt	23 000	74 000	144 000	397 000
Total Equity and Debt	1 292 000	1 413 000	1 364 000	1 553 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 000	278 000	1 071 000	1 722 000
Other Income	0	0	0	0
Revenue	8 000	278 000	1 071 000	1 722 000
Cost of Goods Sold	4 000	25 000	103 000	0
Salary Costs	−7 000	−4 000	780 000	1 152 000
Depreciation	17 000	19 000	12 000	11 000
Impairment	0	0	0	0
Expenditure	161 000	240 000	1 021 000	1 369 000
Operating Profit	−154 000	39 000	49 000	353 000
Financial Income	272 000	92 000	28 000	3 000
Financial Costs	189 000	1 000	2 000	2 000
Financial Balance	83 000	91 000	26 000	1 000
Dividends	0	0	0	0
Net Income	−71 000	121 000	64 000	292 000

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	7 000	23 000	42 000	20 000
Total Tangible Assets	7 000	23 000	42 000	20 000
Total Fiancial Fixed Assets	215 000	195 000	175 000	175 000
Total Fixed Assets	221 000	218 000	217 000	195 000
Stock	0	0	0	0
Total Investments	116 000	389 000	298 000	18 000
Cash, Bank	949 000	801 000	846 000	1 004 000
Total Current Assets	1 070 000	1 195 000	1 148 000	1 359 000
Total Assets	1 292 000	1 413 000	1 364 000	1 553 000
Total Equity	1 268 000	1 339 000	1 219 000	1 155 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	2 000	1 000
Creditors	6 000	5 000	13 000	8 000
Unpaid Taxes	1 000	−1 000	0	123 000
Dividends	0	0	0	0
Other Current Debt	17 000	59 000	120 000	206 000
Total Current Debt	23 000	74 000	144 000	397 000
Total Equity and Debt	1 292 000	1 413 000	1 364 000	1 553 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,6 %	9,04 %	5,25 %	25,28 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1 925 %	14,03 %	4,58 %	20,5 %
Current Ratio	46,52	16,15	7,97	3,42
Quick Ratio	46,52	16,15	7,97	3,42
Equity Ratio	0,98	0,95	0,89	0,74
Gross Profit Margin	50 %	91,01 %	90,38 %	100 %