LØRENSKOG UTVIKLINGSSELKAP AS

0661 OSLO

Finances

Share Ownership

Return on Equity

−19,83 %

Current Ratio

1,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	117 000	66 000	5 000	12 320 000
Net Income	−567 000	834 000	−1 719 000	−621 000
Total Assets	3 519 000	43 875 000	44 366 000	153 782 000
Total Equity	2 860 000	43 654 000	42 820 000	44 539 000

Income (NOK)	2022	2021	2020	2019
Revenue	117 000	66 000	5 000	12 320 000
Expenditure	2 642 000	773 000	3 760 000	14 668 000
Operating Profit	−2 526 000	−707 000	−3 756 000	−2 348 000
Financial Income	1 799 000	1 777 000	5 158 000	5 794 000
Financial Costs	0	0	3 606 000	4 243 000
Financial Balance	1 799 000	1 777 000	1 552 000	1 551 000
Earnings Before Tax	−726 000	1 069 000	−2 204 000	−796 000
Tax	−160 000	235 000	−485 000	−175 000
Net Income	−567 000	834 000	−1 719 000	−621 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 430 000	42 649 000	41 122 000	150 563 000
Total Current Assets	1 090 000	1 226 000	3 243 000	3 219 000
Total Assets	3 519 000	43 875 000	44 366 000	153 782 000
Total Retained Equity	0	834 000	0	0
Total Equity	2 860 000	43 654 000	42 820 000	44 539 000
Total Long-Term Debt	0	0	0	108 787 000
Total Current Debt	659 000	221 000	1 546 000	456 000
Total Equity and Debt	3 519 000	43 875 000	44 366 000	153 782 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	32 000	24 000	0	0
Other Income	84 000	43 000	5 000	12 320 000
Revenue	117 000	66 000	5 000	12 320 000
Cost of Goods Sold	2 273 000	555 000	3 404 000	12 555 000
Salary Costs	0	0	0	0
Depreciation	20 000	0	0	0
Impairment	0	0	0	0
Expenditure	2 642 000	773 000	3 760 000	14 668 000
Operating Profit	−2 526 000	−707 000	−3 756 000	−2 348 000
Financial Income	1 799 000	1 777 000	5 158 000	5 794 000
Financial Costs	0	0	3 606 000	4 243 000
Financial Balance	1 799 000	1 777 000	1 552 000	1 551 000
Dividends	0	0	0	0
Net Income	−567 000	834 000	−1 719 000	−621 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	110 000	443 000	679 000	194 000
Real Eastate	2 319 000	2 405 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 319 000	2 405 000	0	0
Total Fiancial Fixed Assets	0	39 800 000	40 444 000	150 369 000
Total Fixed Assets	2 430 000	42 649 000	41 122 000	150 563 000
Stock	0	0	2 200 000	2 200 000
Total Investments	0	0	0	0
Cash, Bank	45 000	15 000	41 000	17 000
Total Current Assets	1 090 000	1 226 000	3 243 000	3 219 000
Total Assets	3 519 000	43 875 000	44 366 000	153 782 000
Total Equity	2 860 000	43 654 000	42 820 000	44 539 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	108 787 000
Creditors	138 000	220 000	1 546 000	456 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	522 000	2 000	0	0
Total Current Debt	659 000	221 000	1 546 000	456 000
Total Equity and Debt	3 519 000	43 875 000	44 366 000	153 782 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19,83 %	1,91 %	−4,01 %	−1,39 %
Debt-to-Equity Ratio	0	0	0	2,44
Operating Profit Margin	−2 158,97 %	−1 071,21 %	−75 120 %	−19,06 %
Current Ratio	1,65	5,55	2,1	7,06
Quick Ratio	1,65	5,55	−4,96	−1,85
Equity Ratio	0,81	0,99	0,97	0,29
Gross Profit Margin	−1 842,74 %	−740,91 %	−67 980 %	−1,91 %