LÖFGREEN AS

1178 OSLO

Finances

Return on Equity

41,91 %

Current Ratio

0,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 172 000	1 004 000	0	0
Net Income	875 000	334 000	717 000	−188 000
Total Assets	4 601 000	4 666 000	4 817 000	2 057 000
Total Equity	2 088 000	1 212 000	878 000	161 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 172 000	1 004 000	0	0
Expenditure	1 124 000	902 000	50 000	188 000
Operating Profit	1 048 000	103 000	−50 000	−188 000
Financial Income	19 000	232 000	769 000	0
Financial Costs	0	0	2 000	0
Financial Balance	19 000	232 000	767 000	0
Earnings Before Tax	1 067 000	334 000	717 000	−188 000
Tax	191 000	0	0	0
Net Income	875 000	334 000	717 000	−188 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 990 000	3 973 000	3 712 000	1 550 000
Total Current Assets	611 000	693 000	1 105 000	506 000
Total Assets	4 601 000	4 666 000	4 817 000	2 057 000
Total Retained Equity	1 567 000	692 000	357 000	−360 000
Total Equity	2 088 000	1 212 000	878 000	161 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 513 000	3 454 000	3 939 000	1 896 000
Total Equity and Debt	4 601 000	4 666 000	4 817 000	2 057 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 167 000	1 004 000	0	0
Other Income	6 000	0	0	0
Revenue	2 172 000	1 004 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	860 000	568 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 124 000	902 000	50 000	188 000
Operating Profit	1 048 000	103 000	−50 000	−188 000
Financial Income	19 000	232 000	769 000	0
Financial Costs	0	0	2 000	0
Financial Balance	19 000	232 000	767 000	0
Dividends	0	0	0	0
Net Income	875 000	334 000	717 000	−188 000

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	3 990 000	3 973 000	3 712 000	1 550 000
Total Fixed Assets	3 990 000	3 973 000	3 712 000	1 550 000
Stock	0	0	0	0
Total Investments	520 000	555 000	1 085 000	502 000
Cash, Bank	78 000	131 000	20 000	5 000
Total Current Assets	611 000	693 000	1 105 000	506 000
Total Assets	4 601 000	4 666 000	4 817 000	2 057 000
Total Equity	2 088 000	1 212 000	878 000	161 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	22 000	11 000	0	0
Unpaid Taxes	60 000	68 000	0	0
Dividends	0	0	0	0
Other Current Debt	2 239 000	3 375 000	3 939 000	1 896 000
Total Current Debt	2 513 000	3 454 000	3 939 000	1 896 000
Total Equity and Debt	4 601 000	4 666 000	4 817 000	2 057 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,91 %	27,56 %	81,66 %	−116,77 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	48,25 %	10,26 %	-	-
Current Ratio	0,24	0,2	0,28	0,27
Quick Ratio	0,24	0,2	0,28	0,27
Equity Ratio	0,45	0,26	0,18	0,08
Gross Profit Margin	100 %	100 %	-	-