LUMO POLAR AS

0475 OSLO

Finances

Share Ownership

Return on Equity

−12,05 %

Current Ratio

N/A

Debt-to-Equity Ratio

−0,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	628 000	407 000	205 000	491 000
Net Income	−10 000	−8 000	3 000	−23 000
Total Assets	50 000	46 000	57 000	55 000
Total Equity	83 000	76 000	57 000	55 000

Income (NOK)	2022	2021	2020	2019
Revenue	628 000	407 000	205 000	491 000
Expenditure	637 000	414 000	202 000	514 000
Operating Profit	−10 000	−8 000	3 000	−23 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−10 000	−8 000	3 000	−23 000
Tax	0	0	0	0
Net Income	−10 000	−8 000	3 000	−23 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	50 000	46 000	57 000	55 000
Total Current Assets	0	0	0	0
Total Assets	50 000	46 000	57 000	55 000
Total Retained Equity	53 000	46 000	27 000	0
Total Equity	83 000	76 000	57 000	55 000
Total Long-Term Debt	−33 000	−31 000	0	0
Total Current Debt	0	0	0	0
Total Equity and Debt	50 000	46 000	57 000	55 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	628 000	376 000	205 000	491 000
Other Income	0	31 000	0	0
Revenue	628 000	407 000	205 000	491 000
Cost of Goods Sold	39 000	43 000	0	0
Salary Costs	476 000	275 000	0	361 000
Depreciation	0	10 000	2 000	6 000
Impairment	0	0	0	0
Expenditure	637 000	414 000	202 000	514 000
Operating Profit	−10 000	−8 000	3 000	−23 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−10 000	−8 000	3 000	−23 000

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	50 000	46 000	57 000	30 000
Fixtures	0	0	0	25 000
Total Tangible Assets	50 000	46 000	57 000	55 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	50 000	46 000	57 000	55 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	0	0	0	0
Total Assets	50 000	46 000	57 000	55 000
Total Equity	83 000	76 000	57 000	55 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	−33 000	−31 000	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	0	0	0	0
Total Equity and Debt	50 000	46 000	57 000	55 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,05 %	−10,53 %	5,26 %	−41,82 %
Debt-to-Equity Ratio	−0,4	−0,41	0	0
Operating Profit Margin	−1,59 %	−1,97 %	1,46 %	−4,68 %
Current Ratio	-	-	-	-
Quick Ratio	-	-	-	-
Equity Ratio	1,66	1,65	1	1
Gross Profit Margin	93,79 %	89,43 %	100 %	100 %