LAVASOX AS

0258 OSLO

Finances

Share Ownership

Return on Equity

−45,67 %

Current Ratio

1,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 724 000	1 202 000	456 000	250 000
Net Income	−58 000	107 000	53 000	17 000
Total Assets	537 000	339 000	300 000	165 000
Total Equity	127 000	185 000	78 000	25 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 724 000	1 202 000	456 000	250 000
Expenditure	1 784 000	1 097 000	405 000	183 000
Operating Profit	−59 000	105 000	52 000	67 000
Financial Income	3 000	2 000	1 000	0
Financial Costs	1 000	0	0	50 000
Financial Balance	2 000	2 000	1 000	−50 000
Earnings Before Tax	−58 000	107 000	53 000	17 000
Tax	0	0	0	0
Net Income	−58 000	107 000	53 000	17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	37 000	37 000	13 000	0
Total Current Assets	500 000	302 000	287 000	165 000
Total Assets	537 000	339 000	300 000	165 000
Total Retained Equity	−124 000	−67 000	−174 000	−227 000
Total Equity	127 000	185 000	78 000	25 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	409 000	154 000	222 000	140 000
Total Equity and Debt	537 000	339 000	300 000	165 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 724 000	1 202 000	456 000	250 000
Other Income	0	0	0	0
Revenue	1 724 000	1 202 000	456 000	250 000
Cost of Goods Sold	81 000	22 000	106 000	0
Salary Costs	1 337 000	744 000	128 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 784 000	1 097 000	405 000	183 000
Operating Profit	−59 000	105 000	52 000	67 000
Financial Income	3 000	2 000	1 000	0
Financial Costs	1 000	0	0	50 000
Financial Balance	2 000	2 000	1 000	−50 000
Dividends	0	0	0	0
Net Income	−58 000	107 000	53 000	17 000

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	37 000	37 000	0	0
Total Tangible Assets	37 000	37 000	0	0
Total Fiancial Fixed Assets	0	0	13 000	0
Total Fixed Assets	37 000	37 000	13 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	108 000	302 000	162 000	73 000
Total Current Assets	500 000	302 000	287 000	165 000
Total Assets	537 000	339 000	300 000	165 000
Total Equity	127 000	185 000	78 000	25 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	96 000	6 000	5 000	9 000
Unpaid Taxes	185 000	69 000	109 000	33 000
Dividends	0	0	0	0
Other Current Debt	129 000	79 000	108 000	98 000
Total Current Debt	409 000	154 000	222 000	140 000
Total Equity and Debt	537 000	339 000	300 000	165 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−45,67 %	57,84 %	67,95 %	68 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−3,42 %	8,74 %	11,4 %	26,8 %
Current Ratio	1,22	1,96	1,29	1,18
Quick Ratio	1,22	1,96	1,29	1,18
Equity Ratio	0,24	0,55	0,26	0,15
Gross Profit Margin	95,3 %	98,17 %	76,75 %	100 %