LOVISENBERG UTVIKLINGSEIENDOM ROMERIKE AS

2067 JESSHEIM

Finances

Share Ownership

Return on Equity

−17,81 %

Current Ratio

17,66

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 206 000	2 453 000	2 492 000	3 014 000
Net Income	−11 413 000	−365 000	−647 000	−540 000
Total Assets	70 242 000	91 620 000	91 988 000	92 707 000
Total Equity	64 071 000	75 485 000	75 850 000	76 497 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 206 000	2 453 000	2 492 000	3 014 000
Expenditure	17 338 000	2 542 000	2 889 000	3 214 000
Operating Profit	−14 132 000	−90 000	−397 000	−200 000
Financial Income	73 000	40 000	42 000	70 000
Financial Costs	573 000	418 000	475 000	562 000
Financial Balance	−500 000	−378 000	−433 000	−492 000
Earnings Before Tax	−14 632 000	−468 000	−830 000	−693 000
Tax	−3 219 000	−103 000	−183 000	−152 000
Net Income	−11 413 000	−365 000	−647 000	−540 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	67 239 000	80 748 000	82 891 000	83 625 000
Total Current Assets	3 003 000	10 872 000	9 097 000	9 082 000
Total Assets	70 242 000	91 620 000	91 988 000	92 707 000
Total Retained Equity	−16 211 000	−4 798 000	−4 433 000	−3 785 000
Total Equity	64 071 000	75 485 000	75 850 000	76 497 000
Total Long-Term Debt	6 000 000	16 000 000	16 000 000	16 000 000
Total Current Debt	170 000	135 000	138 000	210 000
Total Equity and Debt	70 242 000	91 620 000	91 988 000	92 707 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 206 000	2 453 000	0	0
Other Income	0	0	2 492 000	3 014 000
Revenue	3 206 000	2 453 000	2 492 000	3 014 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	2 298 000	2 298 000	2 324 000	2 228 000
Impairment	14 164 000	0	0	0
Expenditure	17 338 000	2 542 000	2 889 000	3 214 000
Operating Profit	−14 132 000	−90 000	−397 000	−200 000
Financial Income	73 000	40 000	42 000	70 000
Financial Costs	573 000	418 000	475 000	562 000
Financial Balance	−500 000	−378 000	−433 000	−492 000
Dividends	0	0	0	0
Net Income	−11 413 000	−365 000	−647 000	−540 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 546 000	1 327 000	1 224 000	1 041 000
Real Eastate	61 500 000	78 263 000	80 538 000	82 551 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 000	11 000	22 000	33 000
Total Tangible Assets	61 500 000	78 275 000	80 560 000	82 584 000
Total Fiancial Fixed Assets	1 193 000	1 147 000	1 107 000	0
Total Fixed Assets	67 239 000	80 748 000	82 891 000	83 625 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 502 000	9 991 000	8 831 000	7 467 000
Total Current Assets	3 003 000	10 872 000	9 097 000	9 082 000
Total Assets	70 242 000	91 620 000	91 988 000	92 707 000
Total Equity	64 071 000	75 485 000	75 850 000	76 497 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 000 000	16 000 000	16 000 000	16 000 000
Creditors	22 000	35 000	17 000	15 000
Unpaid Taxes	113 000	55 000	83 000	133 000
Dividends	0	0	0	0
Other Current Debt	36 000	45 000	38 000	63 000
Total Current Debt	170 000	135 000	138 000	210 000
Total Equity and Debt	70 242 000	91 620 000	91 988 000	92 707 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,81 %	−0,48 %	−0,85 %	−0,71 %
Debt-to-Equity Ratio	0,09	0,21	0,21	0,21
Operating Profit Margin	−440,8 %	−3,67 %	−15,93 %	−6,64 %
Current Ratio	17,66	80,53	65,92	43,25
Quick Ratio	17,66	80,53	65,92	43,25
Equity Ratio	0,91	0,82	0,82	0,83
Gross Profit Margin	100 %	100 %	100 %	100 %