LOGTECH INVEST AS

6014 ÅLESUND

Finances

Return on Equity

−365,44 %

Current Ratio

57,78

Debt-to-Equity Ratio

0,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	2 250 000	166 737 000	153 483 000
Net Income	−17 395 000	−22 649 000	−10 232 000	−43 118 000
Total Assets	8 590 000	14 973 000	45 847 000	32 766 000
Total Equity	4 760 000	12 344 000	−5 006 000	−14 174 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	2 250 000	166 737 000	153 483 000
Expenditure	539 000	3 448 000	177 137 000	195 237 000
Operating Profit	−539 000	−1 199 000	−10 399 000	−41 754 000
Financial Income	1 000	33 000	424 000	48 000
Financial Costs	16 856 000	21 483 000	2 806 000	1 276 000
Financial Balance	−16 855 000	−21 450 000	−2 382 000	−1 228 000
Earnings Before Tax	−17 395 000	−22 649 000	−12 781 000	−42 982 000
Tax	0	0	−2 549 000	136 000
Net Income	−17 395 000	−22 649 000	−10 232 000	−43 118 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 030 000	13 222 000	16 206 000	9 099 000
Total Current Assets	1 560 000	1 751 000	29 641 000	23 667 000
Total Assets	8 590 000	14 973 000	45 847 000	32 766 000
Total Retained Equity	−9 172 000	0	−88 542 000	−162 399 000
Total Equity	4 760 000	12 344 000	−5 006 000	−14 174 000
Total Long-Term Debt	3 804 000	2 500 000	4 800 000	5 000 000
Total Current Debt	27 000	129 000	46 053 000	41 939 000
Total Equity and Debt	8 590 000	14 973 000	45 847 000	32 766 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	2 250 000	146 831 000	153 483 000
Other Income	0	0	19 906 000	0
Revenue	0	2 250 000	166 737 000	153 483 000
Cost of Goods Sold	0	0	90 656 000	94 091 000
Salary Costs	227 000	952 000	55 226 000	61 416 000
Depreciation	0	0	3 315 000	1 646 000
Impairment	0	0	0	0
Expenditure	539 000	3 448 000	177 137 000	195 237 000
Operating Profit	−539 000	−1 199 000	−10 399 000	−41 754 000
Financial Income	1 000	33 000	424 000	48 000
Financial Costs	16 856 000	21 483 000	2 806 000	1 276 000
Financial Balance	−16 855 000	−21 450 000	−2 382 000	−1 228 000
Dividends	0	0	0	0
Net Income	−17 395 000	−22 649 000	−10 232 000	−43 118 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	13 584 000	8 728 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	137 000	332 000
Total Tangible Assets	0	0	137 000	332 000
Total Fiancial Fixed Assets	7 030 000	13 222 000	2 485 000	39 000
Total Fixed Assets	7 030 000	13 222 000	16 206 000	9 099 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 560 000	1 740 000	6 862 000	4 180 000
Total Current Assets	1 560 000	1 751 000	29 641 000	23 667 000
Total Assets	8 590 000	14 973 000	45 847 000	32 766 000
Total Equity	4 760 000	12 344 000	−5 006 000	−14 174 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 804 000	2 500 000	4 800 000	5 000 000
Creditors	3 000	38 000	12 082 000	9 947 000
Unpaid Taxes	0	67 000	11 043 000	5 873 000
Dividends	0	0	0	0
Other Current Debt	24 000	24 000	19 453 000	12 515 000
Total Current Debt	27 000	129 000	46 053 000	41 939 000
Total Equity and Debt	8 590 000	14 973 000	45 847 000	32 766 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−365,44 %	−183,48 %	204,39 %	304,2 %
Debt-to-Equity Ratio	0,8	0,2	−0,96	−0,35
Operating Profit Margin	-	−53,29 %	−6,24 %	−27,2 %
Current Ratio	57,78	13,57	0,64	0,56
Quick Ratio	57,78	13,57	0,64	0,56
Equity Ratio	0,55	0,82	−0,11	−0,43
Gross Profit Margin	-	100 %	45,63 %	38,7 %