LOVAX HOLDING AS

4550 FARSUND

Finances

Return on Equity

103,61 %

Current Ratio

0,06

Debt-to-Equity Ratio

−1

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−3 243 000	−14 000	−6 000	−22 000
Total Assets	31 000	1 273 000	1 270 000	1 269 000
Total Equity	−3 130 000	113 000	126 000	132 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	0	12 000	11 000	12 000
Operating Profit	0	−12 000	−11 000	−12 000
Financial Income	0	0	14 000	0
Financial Costs	3 219 000	6 000	11 000	16 000
Financial Balance	−3 219 000	−6 000	3 000	−16 000
Earnings Before Tax	−3 219 000	−17 000	−8 000	−29 000
Tax	24 000	−4 000	−2 000	−6 000
Net Income	−3 243 000	−14 000	−6 000	−22 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	1 273 000	1 269 000	1 268 000
Total Current Assets	1 000	0	1 000	1 000
Total Assets	31 000	1 273 000	1 270 000	1 269 000
Total Retained Equity	−3 160 000	83 000	96 000	102 000
Total Equity	−3 130 000	113 000	126 000	132 000
Total Long-Term Debt	3 145 000	1 144 000	1 139 000	1 129 000
Total Current Debt	16 000	16 000	5 000	8 000
Total Equity and Debt	31 000	1 273 000	1 270 000	1 269 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	0	12 000	11 000	12 000
Operating Profit	0	−12 000	−11 000	−12 000
Financial Income	0	0	14 000	0
Financial Costs	3 219 000	6 000	11 000	16 000
Financial Balance	−3 219 000	−6 000	3 000	−16 000
Dividends	0	0	0	0
Net Income	−3 243 000	−14 000	−6 000	−22 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	24 000	20 000	19 000
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	30 000	1 249 000	1 249 000	1 249 000
Total Fixed Assets	30 000	1 273 000	1 269 000	1 268 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	0	1 000	1 000
Total Current Assets	1 000	0	1 000	1 000
Total Assets	31 000	1 273 000	1 270 000	1 269 000
Total Equity	−3 130 000	113 000	126 000	132 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 145 000	1 144 000	1 139 000	1 129 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	16 000	16 000	5 000	8 000
Total Current Debt	16 000	16 000	5 000	8 000
Total Equity and Debt	31 000	1 273 000	1 270 000	1 269 000

Financial indicators	2022	2021	2020	2019
Return on Equity	103,61 %	−12,39 %	−4,76 %	−16,67 %
Debt-to-Equity Ratio	−1	10,12	9,04	8,55
Operating Profit Margin	-	-	-	-
Current Ratio	0,06	0	0,2	0,13
Quick Ratio	0,06	0	0,2	0,13
Equity Ratio	−100,97	0,09	0,1	0,1
Gross Profit Margin	-	-	-	-