LØRENVEIEN 51 AS

0275 OSLO

Finances

Share Ownership

Return on Equity

99,03 %

Current Ratio

3,58

Debt-to-Equity Ratio

5,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	451 002 000	79 554 000	1 565 000	2 056 000
Net Income	131 210 000	17 674 000	−4 382 000	−4 481 000
Total Assets	896 748 000	230 784 000	132 170 000	119 559 000
Total Equity	132 496 000	18 598 000	924 000	6 089 000

Income (NOK)	2022	2021	2020	2019
Revenue	451 002 000	79 554 000	1 565 000	2 056 000
Expenditure	262 882 000	47 076 000	3 215 000	4 201 000
Operating Profit	188 120 000	32 478 000	−1 650 000	−2 144 000
Financial Income	0	16 000	16 000	17 000
Financial Costs	19 890 000	9 827 000	4 205 000	3 613 000
Financial Balance	−19 890 000	−9 811 000	−4 189 000	−3 596 000
Earnings Before Tax	168 230 000	22 667 000	−5 839 000	−5 741 000
Tax	37 019 000	4 993 000	−1 457 000	−1 260 000
Net Income	131 210 000	17 674 000	−4 382 000	−4 481 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	209 939 000	2 854 000	9 592 000	8 135 000
Total Current Assets	686 809 000	227 929 000	122 578 000	111 424 000
Total Assets	896 748 000	230 784 000	132 170 000	119 559 000
Total Retained Equity	131 621 000	17 674 000	0	0
Total Equity	132 496 000	18 598 000	924 000	6 089 000
Total Long-Term Debt	780 616 000	106 830 000	257 298 000	112 444 000
Total Current Debt	192 087 000	105 355 000	2 597 000	1 026 000
Total Equity and Debt	896 748 000	230 784 000	260 819 000	119 559 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	451 002 000	79 388 000	0	0
Other Income	0	166 000	1 565 000	2 056 000
Revenue	451 002 000	79 554 000	1 565 000	2 056 000
Cost of Goods Sold	0	189 000	388 000	543 000
Salary Costs	200 000	219 000	224 000	175 000
Depreciation	0	0	0	453 000
Impairment	0	0	0	0
Expenditure	262 882 000	47 076 000	3 215 000	4 201 000
Operating Profit	188 120 000	32 478 000	−1 650 000	−2 144 000
Financial Income	0	16 000	16 000	17 000
Financial Costs	19 890 000	9 827 000	4 205 000	3 613 000
Financial Balance	−19 890 000	−9 811 000	−4 189 000	−3 596 000
Dividends	0	0	0	0
Net Income	131 210 000	17 674 000	−4 382 000	−4 481 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	2 804 000	7 798 000	6 341 000
Real Eastate	0	0	1 794 000	1 794 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	1 794 000	1 794 000
Total Fiancial Fixed Assets	209 939 000	50 000	0	0
Total Fixed Assets	209 939 000	2 854 000	9 592 000	8 135 000
Stock	667 681 000	226 669 000	121 752 000	110 576 000
Total Investments	0	0	0	0
Cash, Bank	19 084 000	1 260 000	539 000	623 000
Total Current Assets	686 809 000	227 929 000	122 578 000	111 424 000
Total Assets	896 748 000	230 784 000	132 170 000	119 559 000
Total Equity	132 496 000	18 598 000	924 000	6 089 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	780 616 000	106 830 000	257 298 000	112 444 000
Creditors	28 649 000	0	2 284 000	617 000
Unpaid Taxes	0	7 390 000	11 000	3 000
Dividends	0	0	0	0
Other Current Debt	163 438 000	41 935 000	302 000	407 000
Total Current Debt	192 087 000	105 355 000	2 597 000	1 026 000
Total Equity and Debt	896 748 000	230 784 000	260 819 000	119 559 000

Financial indicators	2022	2021	2020	2019
Return on Equity	99,03 %	95,03 %	−474,24 %	−73,59 %
Debt-to-Equity Ratio	5,89	5,74	278,46	18,47
Operating Profit Margin	41,71 %	40,83 %	−105,43 %	−104,28 %
Current Ratio	3,58	2,16	47,2	108,6
Quick Ratio	−1,44	−1,88	−1,03	−1,02
Equity Ratio	0,15	0,08	0,01	0,05
Gross Profit Margin	100 %	99,76 %	75,21 %	73,59 %