LIQUID RUBBER NORD AS

2005 RÆLINGEN

Finances

Return on Equity

78 %

Current Ratio

1,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	794 000	73 000	0	112 000
Net Income	156 000	10 000	−22 000	50 000
Total Assets	293 000	27 000	35 000	85 000
Total Equity	200 000	−19 000	−29 000	16 000

Income (NOK)	2022	2021	2020	2019
Revenue	794 000	73 000	0	112 000
Expenditure	193 000	63 000	22 000	61 000
Operating Profit	601 000	10 000	−22 000	52 000
Financial Income	−338 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	−338 000	0	0	0
Earnings Before Tax	263 000	10 000	−22 000	52 000
Tax	108 000	0	0	2 000
Net Income	156 000	10 000	−22 000	50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	146 000	24 000	0	23 000
Total Current Assets	147 000	2 000	35 000	62 000
Total Assets	293 000	27 000	35 000	85 000
Total Retained Equity	0	−219 000	−229 000	−184 000
Total Equity	200 000	−19 000	−29 000	16 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	92 000	45 000	64 000	69 000
Total Equity and Debt	293 000	27 000	35 000	85 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	794 000	73 000	0	112 000
Other Income	0	0	0	0
Revenue	794 000	73 000	0	112 000
Cost of Goods Sold	0	0	0	17 000
Salary Costs	41 000	0	0	0
Depreciation	6 000	4 000	0	0
Impairment	0	0	0	0
Expenditure	193 000	63 000	22 000	61 000
Operating Profit	601 000	10 000	−22 000	52 000
Financial Income	−338 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	−338 000	0	0	0
Dividends	0	0	0	0
Net Income	156 000	10 000	−22 000	50 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	23 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	19 000	24 000	0	0
Total Tangible Assets	19 000	24 000	0	0
Total Fiancial Fixed Assets	127 000	0	0	0
Total Fixed Assets	146 000	24 000	0	23 000
Stock	0	0	0	10 000
Total Investments	0	0	0	0
Cash, Bank	19 000	0	33 000	11 000
Total Current Assets	147 000	2 000	35 000	62 000
Total Assets	293 000	27 000	35 000	85 000
Total Equity	200 000	−19 000	−29 000	16 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−4 000	0	0	0
Unpaid Taxes	−8 000	9 000	10 000	7 000
Dividends	0	0	0	0
Other Current Debt	−3 000	36 000	53 000	48 000
Total Current Debt	92 000	45 000	64 000	69 000
Total Equity and Debt	293 000	27 000	35 000	85 000

Financial indicators	2022	2021	2020	2019
Return on Equity	78 %	−52,63 %	75,86 %	312,5 %
Debt-to-Equity Ratio	0	−0	−0	0
Operating Profit Margin	75,69 %	13,7 %	-	46,43 %
Current Ratio	1,6	0,04	0,55	0,9
Quick Ratio	1,6	0,04	0,55	1,05
Equity Ratio	0,68	−0,7	−0,83	0,19
Gross Profit Margin	100 %	100 %	-	84,82 %