LØRN AS

0157 OSLO

Finances

Return on Equity

−160,13 %

Current Ratio

2,1

Debt-to-Equity Ratio

0,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 385 000	4 383 000	5 172 000	5 210 000
Net Income	−4 607 000	−3 319 000	−433 000	575 000
Total Assets	8 313 000	7 876 000	1 156 000	2 700 000
Total Equity	2 877 000	5 116 000	185 000	618 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 385 000	4 383 000	5 172 000	5 210 000
Expenditure	13 974 000	7 701 000	5 719 000	4 473 000
Operating Profit	−4 589 000	−3 318 000	−547 000	737 000
Financial Income	43 000	4 000	2 000	1 000
Financial Costs	61 000	5 000	5 000	0
Financial Balance	−18 000	−1 000	−3 000	1 000
Earnings Before Tax	−4 607 000	−3 319 000	−550 000	737 000
Tax	0	0	−117 000	162 000
Net Income	−4 607 000	−3 319 000	−433 000	575 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	49 000	49 000	36 000	−9 000
Total Current Assets	8 265 000	7 827 000	1 120 000	2 709 000
Total Assets	8 313 000	7 876 000	1 156 000	2 700 000
Total Retained Equity	−7 833 000	−3 226 000	162 000	595 000
Total Equity	2 877 000	5 116 000	185 000	618 000
Total Long-Term Debt	1 500 000	1 500 000	0	0
Total Current Debt	3 937 000	1 260 000	972 000	2 082 000
Total Equity and Debt	8 313 000	7 876 000	1 156 000	2 700 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 385 000	4 383 000	5 168 000	5 210 000
Other Income	0	0	4 000	0
Revenue	9 385 000	4 383 000	5 172 000	5 210 000
Cost of Goods Sold	6 745 000	2 587 000	3 945 000	4 124 000
Salary Costs	5 612 000	3 975 000	817 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	13 974 000	7 701 000	5 719 000	4 473 000
Operating Profit	−4 589 000	−3 318 000	−547 000	737 000
Financial Income	43 000	4 000	2 000	1 000
Financial Costs	61 000	5 000	5 000	0
Financial Balance	−18 000	−1 000	−3 000	1 000
Dividends	0	0	0	0
Net Income	−4 607 000	−3 319 000	−433 000	575 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	−9 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	49 000	49 000	37 000	0
Total Fixed Assets	49 000	49 000	36 000	−9 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 708 000	5 778 000	563 000	420 000
Total Current Assets	8 265 000	7 827 000	1 120 000	2 709 000
Total Assets	8 313 000	7 876 000	1 156 000	2 700 000
Total Equity	2 877 000	5 116 000	185 000	618 000
Short-Term Group Debt	0	16 000	16 000	8 000
Total Long-Term Debt	1 500 000	1 500 000	0	0
Creditors	186 000	438 000	187 000	271 000
Unpaid Taxes	381 000	317 000	322 000	0
Dividends	0	0	0	0
Other Current Debt	3 369 000	489 000	446 000	1 649 000
Total Current Debt	3 937 000	1 260 000	972 000	2 082 000
Total Equity and Debt	8 313 000	7 876 000	1 156 000	2 700 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−160,13 %	−64,87 %	−234,05 %	93,04 %
Debt-to-Equity Ratio	0,52	0,29	0	0
Operating Profit Margin	−48,9 %	−75,7 %	−10,58 %	14,15 %
Current Ratio	2,1	6,21	1,15	1,3
Quick Ratio	2,1	6,21	1,15	1,3
Equity Ratio	0,35	0,65	0,16	0,23
Gross Profit Margin	28,13 %	40,98 %	23,72 %	20,84 %