LOVE UTVIKLING AS

8370 LEKNES

Finances

Return on Equity

41,3 %

Current Ratio

2,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 306 000	4 329 000	3 760 000	4 756 000
Net Income	273 000	−6 000	354 000	202 000
Total Assets	1 308 000	1 090 000	926 000	1 278 000
Total Equity	661 000	388 000	394 000	39 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 306 000	4 329 000	3 760 000	4 756 000
Expenditure	4 034 000	4 324 000	3 407 000	4 569 000
Operating Profit	271 000	4 000	352 000	187 000
Financial Income	2 000	3 000	3 000	16 000
Financial Costs	0	13 000	1 000	1 000
Financial Balance	2 000	−10 000	2 000	15 000
Earnings Before Tax	273 000	−6 000	354 000	202 000
Tax	0	0	0	0
Net Income	273 000	−6 000	354 000	202 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 308 000	1 090 000	926 000	1 278 000
Total Assets	1 308 000	1 090 000	926 000	1 278 000
Total Retained Equity	−414 000	−687 000	−681 000	−1 036 000
Total Equity	661 000	388 000	394 000	39 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	648 000	702 000	532 000	1 238 000
Total Equity and Debt	1 308 000	1 090 000	926 000	1 278 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 244 000	4 138 000	3 317 000	3 219 000
Other Income	62 000	191 000	442 000	1 537 000
Revenue	4 306 000	4 329 000	3 760 000	4 756 000
Cost of Goods Sold	1 198 000	1 292 000	1 111 000	768 000
Salary Costs	2 256 000	2 442 000	1 735 000	2 398 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 034 000	4 324 000	3 407 000	4 569 000
Operating Profit	271 000	4 000	352 000	187 000
Financial Income	2 000	3 000	3 000	16 000
Financial Costs	0	13 000	1 000	1 000
Financial Balance	2 000	−10 000	2 000	15 000
Dividends	0	0	0	0
Net Income	273 000	−6 000	354 000	202 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	582 000	367 000	620 000	344 000
Total Current Assets	1 308 000	1 090 000	926 000	1 278 000
Total Assets	1 308 000	1 090 000	926 000	1 278 000
Total Equity	661 000	388 000	394 000	39 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	209 000	167 000	213 000	675 000
Unpaid Taxes	237 000	293 000	124 000	46 000
Dividends	0	0	0	0
Other Current Debt	201 000	242 000	195 000	518 000
Total Current Debt	648 000	702 000	532 000	1 238 000
Total Equity and Debt	1 308 000	1 090 000	926 000	1 278 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,3 %	−1,55 %	89,85 %	517,95 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,29 %	0,09 %	9,36 %	3,93 %
Current Ratio	2,02	1,55	1,74	1,03
Quick Ratio	2,02	1,55	1,74	1,03
Equity Ratio	0,51	0,36	0,43	0,03
Gross Profit Margin	72,18 %	70,15 %	70,45 %	83,85 %