LÅVEN TRENINGSSTUDIO AS

6460 EIDSVÅG I ROMSDAL

Finances

Share Ownership

Return on Equity

48,3 %

Current Ratio

5,55

Debt-to-Equity Ratio

0,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	525 000	440 000	472 000	466 000
Net Income	71 000	20 000	12 000	43 000
Total Assets	250 000	216 000	206 000	204 000
Total Equity	147 000	76 000	56 000	44 000

Income (NOK)	2022	2021	2020	2019
Revenue	525 000	440 000	472 000	466 000
Expenditure	431 000	410 000	454 000	404 000
Operating Profit	94 000	30 000	18 000	62 000
Financial Income	0	0	1 000	1 000
Financial Costs	4 000	4 000	4 000	5 000
Financial Balance	−4 000	−4 000	−3 000	−4 000
Earnings Before Tax	91 000	26 000	15 000	58 000
Tax	20 000	6 000	4 000	14 000
Net Income	71 000	20 000	12 000	43 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	88 000	91 000	95 000	99 000
Total Current Assets	161 000	125 000	112 000	105 000
Total Assets	250 000	216 000	206 000	204 000
Total Retained Equity	117 000	46 000	26 000	14 000
Total Equity	147 000	76 000	56 000	44 000
Total Long-Term Debt	74 000	103 000	113 000	127 000
Total Current Debt	29 000	38 000	37 000	34 000
Total Equity and Debt	250 000	216 000	206 000	204 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	525 000	440 000	421 000	466 000
Other Income	0	0	51 000	0
Revenue	525 000	440 000	472 000	466 000
Cost of Goods Sold	0	0	2 000	0
Salary Costs	76 000	54 000	40 000	57 000
Depreciation	0	0	0	16 000
Impairment	0	0	0	0
Expenditure	431 000	410 000	454 000	404 000
Operating Profit	94 000	30 000	18 000	62 000
Financial Income	0	0	1 000	1 000
Financial Costs	4 000	4 000	4 000	5 000
Financial Balance	−4 000	−4 000	−3 000	−4 000
Dividends	0	0	0	0
Net Income	71 000	20 000	12 000	43 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 000	14 000	18 000	22 000
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	77 000	77 000	77 000	77 000
Total Fixed Assets	88 000	91 000	95 000	99 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	161 000	125 000	111 000	105 000
Total Current Assets	161 000	125 000	112 000	105 000
Total Assets	250 000	216 000	206 000	204 000
Total Equity	147 000	76 000	56 000	44 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	74 000	103 000	113 000	127 000
Creditors	0	29 000	34 000	15 000
Unpaid Taxes	5 000	2 000	1 000	2 000
Dividends	0	0	0	0
Other Current Debt	6 000	5 000	2 000	6 000
Total Current Debt	29 000	38 000	37 000	34 000
Total Equity and Debt	250 000	216 000	206 000	204 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,3 %	26,32 %	21,43 %	97,73 %
Debt-to-Equity Ratio	0,5	1,36	2,02	2,89
Operating Profit Margin	17,9 %	6,82 %	3,81 %	13,3 %
Current Ratio	5,55	3,29	3,03	3,09
Quick Ratio	5,55	3,29	3,03	3,09
Equity Ratio	0,59	0,35	0,27	0,22
Gross Profit Margin	100 %	100 %	99,58 %	100 %