LUDVIGSEN ASIAMAT AS

8400 SORTLAND

Finances

Share Ownership

Return on Equity

81,45 %

Current Ratio

0,59

Debt-to-Equity Ratio

−0,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 494 000	8 776 000	8 154 000	5 796 000
Net Income	−325 000	−301 000	373 000	116 000
Total Assets	759 000	497 000	882 000	407 000
Total Equity	−399 000	−74 000	227 000	−146 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 494 000	8 776 000	8 154 000	5 796 000
Expenditure	8 763 000	9 070 000	7 687 000	5 661 000
Operating Profit	−268 000	−295 000	468 000	135 000
Financial Income	0	0	0	0
Financial Costs	57 000	9 000	14 000	19 000
Financial Balance	−57 000	−9 000	−14 000	−19 000
Earnings Before Tax	−325 000	−304 000	454 000	116 000
Tax	0	−3 000	81 000	0
Net Income	−325 000	−301 000	373 000	116 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	223 000	223 000	210 000	0
Total Current Assets	536 000	274 000	671 000	407 000
Total Assets	759 000	497 000	882 000	407 000
Total Retained Equity	−429 000	−104 000	197 000	−176 000
Total Equity	−399 000	−74 000	227 000	−146 000
Total Long-Term Debt	252 000	10 000	74 000	132 000
Total Current Debt	907 000	561 000	580 000	420 000
Total Equity and Debt	759 000	497 000	882 000	407 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 438 000	8 743 000	8 160 000	5 767 000
Other Income	56 000	33 000	−5 000	29 000
Revenue	8 494 000	8 776 000	8 154 000	5 796 000
Cost of Goods Sold	6 490 000	6 988 000	6 292 000	4 150 000
Salary Costs	1 466 000	1 356 000	839 000	990 000
Depreciation	29 000	25 000	17 000	0
Impairment	0	0	0	0
Expenditure	8 763 000	9 070 000	7 687 000	5 661 000
Operating Profit	−268 000	−295 000	468 000	135 000
Financial Income	0	0	0	0
Financial Costs	57 000	9 000	14 000	19 000
Financial Balance	−57 000	−9 000	−14 000	−19 000
Dividends	0	0	0	0
Net Income	−325 000	−301 000	373 000	116 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	88 000	99 000	171 000	0
Machinery and Plant Facilities	8 000	12 000	16 000	0
Fixtures	127 000	112 000	24 000	0
Total Tangible Assets	223 000	223 000	210 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	223 000	223 000	210 000	0
Stock	194 000	225 000	367 000	297 000
Total Investments	0	0	0	0
Cash, Bank	237 000	43 000	249 000	92 000
Total Current Assets	536 000	274 000	671 000	407 000
Total Assets	759 000	497 000	882 000	407 000
Total Equity	−399 000	−74 000	227 000	−146 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	252 000	10 000	74 000	132 000
Creditors	511 000	134 000	320 000	228 000
Unpaid Taxes	156 000	121 000	43 000	76 000
Dividends	0	0	0	0
Other Current Debt	239 000	306 000	139 000	117 000
Total Current Debt	907 000	561 000	580 000	420 000
Total Equity and Debt	759 000	497 000	882 000	407 000

Financial indicators	2022	2021	2020	2019
Return on Equity	81,45 %	406,76 %	164,32 %	−79,45 %
Debt-to-Equity Ratio	−0,63	−0,14	0,33	−0,9
Operating Profit Margin	−3,16 %	−3,36 %	5,74 %	2,33 %
Current Ratio	0,59	0,49	1,16	0,97
Quick Ratio	0,75	0,82	3,15	3,31
Equity Ratio	−0,53	−0,15	0,26	−0,36
Gross Profit Margin	23,59 %	20,37 %	22,84 %	28,4 %