Lorentzen Eiendom AS

ASDissolved

Org 919983221Orreveien 18, 0789 OsloUtleie av egen eller leid fast eiendom ellers· NACE 68209Est. 1971 · 54 years old3 employeeshttps://www.lorentzen-eiendom.no

Overview

Lorentzen Eiendom AS is a Norwegian AS based in Oslo, operating in the Utleie av egen eller leid fast eiendom ellers sector. Incorporated in 1971, the company has 3 employees and reported revenue of NOK 2.8m in its latest annual filing.

Revenue 2020

2.8M NOK

−82% vs 2019

EBITDA margin

−95.8 %

−128% vs 2019

Net profit 2020

-0.5M NOK

-104% vs 2019

Key ratios

See full ratios →

69.4 %

Strong

Among the 40% highest rated companies in the industry

20162020

38.2×

Very strong

Among the 20% highest rated companies in the industry

20162020

-0.3 %

Weak

Among the 40% lowest rated companies in the industry

20162020

EBITDA — year on year

NOK thousands

Key figures

Annual report 2020

Revenue	2.8M NOK	-82%
EBITDA	-2.7M NOK	-128%
Net profit	-0.5M NOK	-104%
Total assets	139.5M NOK	-16%
Equity	96.8M NOK	-1%
Employees	3	—

Contact

Address

Orreveien 18, 0789 Oslo

Website

https://www.lorentzen-eiendom.no

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Financial development

In its most recent annual report (2020), Lorentzen Eiendom AS reported revenue of NOK 2.8m, a decrease of 82% on the year before. The figures on this page draw on 5 annual filings covering 2016 to 2020. The bottom line showed a net loss of NOK 487.6k, and the EBITDA margin stood at -95.8%.

At the end of 2020, equity financed 69.4% of the balance sheet, and current assets covered short-term debt 38.2 times.

Financials

Revenue

NOK millions

EBITDA

NOK thousands

Income statement

NOK thousands

Item	2020	2019	2018	2017	2016
Revenue	2,832	15,589	10,581	10,523	9,967
Staff expenses	-2,043	-2,185	-2,207	-2,196	-2,129
EBITDA	-2,712	9,765	4,367	4,611	4,874
Depreciation & amort.	-316	-0	-268	-272	-388
EBIT	-3,028	9,765	4,098	4,339	4,485
Net financials	2,319	890	13,297	-1,390	-7,721
Profit before tax	-708	10,655	17,395	2,949	-3,236
Tax	-220	-2,460	45	496	299
Net profit	-488	13,115	17,350	2,453	-3,536

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Balance sheet

NOK thousands

Item	2020	2019	2018	2017	2016
Total assets	139,513	166,232	134,443	146,630	149,406
Equity	96,845	97,332	58,003	40,653	38,200
Long-term debt	38,844	64,571	73,040	102,560	105,437
Short-term debt	3,176	3,680	2,751	2,768	5,121
Total debt	42,019	68,251	75,792	105,329	110,558

Financial ratios

5-year trend

EBITDA margin

-95.8 %

20162020

Equity ratio

69.4 %

Strong

Among the 40% highest rated companies in the industry

20162020

Return on equity

-0.5 %

Weak

Among the 40% lowest rated companies in the industry

20162020

Net profit margin

-17.2 %

Weak

Among the 30% lowest rated companies in the industry

20162020

Asset turnover

0.02×

Average

Around the average of companies in the same industry

20162020

Debt / equity

0.44×

Strong

Among the 40% highest rated companies in the industry

20162020

Sector performance

27 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Gross marginWeak

Among the 30% lowest rated companies in the industry

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginVery weak

Among the 10% lowest rated companies in the industry

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginWeak

Among the 30% lowest rated companies in the industry

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on equity (ROE)Weak

Among the 40% lowest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Weak

Among the 40% lowest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Weak

Among the 40% lowest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Weak

Among the 30% lowest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioAverage

Around the average of companies in the same industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Liquidity

Current ratioVery strong

Among the 20% highest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioVery strong

Among the 20% highest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioWeak

Among the 40% lowest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityWeak

Among the 30% lowest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalVery strong

Among the 20% highest rated companies in the industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioVery strong

Among the 10% highest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioStrong

Among the 40% highest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioStrong

Among the 40% highest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityStrong

Among the 40% highest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityStrong

Among the 40% highest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtWeak

Among the 40% lowest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtWeak

Among the 30% lowest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageVery weak

Among the 20% lowest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtAverage

Around the average of companies in the same industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginAverage

Around the average of companies in the same industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Asset turnoverAverage

Around the average of companies in the same industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

Equity to contributed capitalStrong

Among the 30% highest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityAverage

Around the average of companies in the same industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtVery strong

Among the 20% highest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Annual reports & filings

Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View PDF
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View PDF
Annual report 2018
Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
View PDF
Annual report 2017
Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
View PDF
Annual report 2016
Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
View PDF

People & ownership

Management

Actively employed in the business

No data on file.

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

No shareholder data available.

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Related companies

Company hierarchy

No registered parent or subsidiaries

Frequently asked questions

What is the Org number of Lorentzen Eiendom AS?

Lorentzen Eiendom AS is registered with Brønnøysundsregistrene under Org 919983221.

What is the revenue of Lorentzen Eiendom AS?

Lorentzen Eiendom AS reported revenue of NOK 2.8m in 2020.

How many employees does Lorentzen Eiendom AS have?

Lorentzen Eiendom AS employs 3 people as of the latest annual report.

Where is Lorentzen Eiendom AS headquartered?

Lorentzen Eiendom AS's registered address is Orreveien 18.