LUADO AS

0169 OSLO

Finances

Share Ownership

Return on Equity

−70,2 %

Current Ratio

2,2

Debt-to-Equity Ratio

0,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 063 000	2 298 000	1 212 000	418 000
Net Income	−2 650 000	−3 462 000	−3 027 000	−2 854 000
Total Assets	8 663 000	8 128 000	3 209 000	3 492 000
Total Equity	3 775 000	3 154 000	2 347 000	3 144 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 063 000	2 298 000	1 212 000	418 000
Expenditure	6 439 000	5 505 000	4 242 000	3 275 000
Operating Profit	−2 375 000	−3 207 000	−3 030 000	−2 856 000
Financial Income	70 000	8 000	4 000	4 000
Financial Costs	344 000	263 000	0	2 000
Financial Balance	−274 000	−255 000	4 000	2 000
Earnings Before Tax	−2 650 000	−3 462 000	−3 027 000	−2 854 000
Tax	0	0	0	0
Net Income	−2 650 000	−3 462 000	−3 027 000	−2 854 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 764 000	4 077 000	2 443 000	1 243 000
Total Current Assets	2 899 000	4 052 000	766 000	2 250 000
Total Assets	8 663 000	8 128 000	3 209 000	3 492 000
Total Retained Equity	0	−3 462 000	0	0
Total Equity	3 775 000	3 154 000	2 347 000	3 144 000
Total Long-Term Debt	3 571 000	4 000 000	0	0
Total Current Debt	1 317 000	974 000	863 000	348 000
Total Equity and Debt	8 663 000	8 128 000	3 209 000	3 492 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 638 000	2 121 000	1 212 000	418 000
Other Income	425 000	176 000	0	0
Revenue	4 063 000	2 298 000	1 212 000	418 000
Cost of Goods Sold	108 000	−22 000	206 000	0
Salary Costs	1 253 000	2 190 000	1 994 000	1 386 000
Depreciation	864 000	921 000	426 000	253 000
Impairment	0	0	0	0
Expenditure	6 439 000	5 505 000	4 242 000	3 275 000
Operating Profit	−2 375 000	−3 207 000	−3 030 000	−2 856 000
Financial Income	70 000	8 000	4 000	4 000
Financial Costs	344 000	263 000	0	2 000
Financial Balance	−274 000	−255 000	4 000	2 000
Dividends	0	0	0	0
Net Income	−2 650 000	−3 462 000	−3 027 000	−2 854 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 649 000	4 077 000	1 743 000	1 243 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	115 000	0	0	0
Total Tangible Assets	115 000	0	0	0
Total Fiancial Fixed Assets	0	0	700 000	0
Total Fixed Assets	5 764 000	4 077 000	2 443 000	1 243 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 837 000	2 783 000	184 000	1 776 000
Total Current Assets	2 899 000	4 052 000	766 000	2 250 000
Total Assets	8 663 000	8 128 000	3 209 000	3 492 000
Total Equity	3 775 000	3 154 000	2 347 000	3 144 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 571 000	4 000 000	0	0
Creditors	290 000	282 000	201 000	37 000
Unpaid Taxes	284 000	309 000	269 000	145 000
Dividends	0	0	0	0
Other Current Debt	742 000	384 000	393 000	166 000
Total Current Debt	1 317 000	974 000	863 000	348 000
Total Equity and Debt	8 663 000	8 128 000	3 209 000	3 492 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−70,2 %	−109,77 %	−128,97 %	−90,78 %
Debt-to-Equity Ratio	0,95	1,27	0	0
Operating Profit Margin	−58,45 %	−139,56 %	−250 %	−683,25 %
Current Ratio	2,2	4,16	0,89	6,47
Quick Ratio	2,2	4,16	0,89	6,47
Equity Ratio	0,44	0,39	0,73	0,9
Gross Profit Margin	97,34 %	100,96 %	83 %	100 %