LØRENFARET EIENDOM II AS

0250 OSLO

Finances

Share Ownership

Return on Equity

107,97 %

Current Ratio

7,91

Debt-to-Equity Ratio

−8,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	97 917 000	53 505 000	795 000	0
Net Income	−495 899 000	−9 831 000	3 219 000	−16 703 000
Total Assets	3 469 328 000	3 739 158 000	2 645 947 000	1 202 904 000
Total Equity	−459 283 000	36 616 000	46 447 000	91 900 000

Income (NOK)	2022	2021	2020	2019
Revenue	97 917 000	53 505 000	795 000	0
Expenditure	508 687 000	63 579 000	−54 458 000	1 149 000
Operating Profit	−410 769 000	−10 074 000	55 254 000	−1 149 000
Financial Income	1 033 000	15 000	150 000	963 000
Financial Costs	226 032 000	93 312 000	52 184 000	16 516 000
Financial Balance	−224 999 000	−93 297 000	−52 034 000	−15 553 000
Earnings Before Tax	−635 768 000	−103 371 000	3 219 000	−16 703 000
Tax	−139 869 000	−93 540 000	0	0
Net Income	−495 899 000	−9 831 000	3 219 000	−16 703 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 340 077 000	3 460 153 000	2 605 173 000	1 155 907 000
Total Current Assets	129 251 000	279 005 000	40 774 000	46 997 000
Total Assets	3 469 328 000	3 739 158 000	2 645 947 000	1 202 904 000
Total Retained Equity	−712 405 000	−216 506 000	−206 675 000	37 208 000
Total Equity	−459 283 000	36 616 000	46 447 000	91 900 000
Total Long-Term Debt	3 912 276 000	3 614 307 000	2 479 867 000	1 003 549 000
Total Current Debt	16 335 000	88 235 000	119 634 000	107 455 000
Total Equity and Debt	3 469 328 000	3 739 158 000	2 645 947 000	1 202 904 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	93 539 000	0	0	0
Other Income	4 379 000	53 505 000	795 000	0
Revenue	97 917 000	53 505 000	795 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	77 408 000	38 612 000	0	28 000
Impairment	398 364 000	0	−55 983 000	0
Expenditure	508 687 000	63 579 000	−54 458 000	1 149 000
Operating Profit	−410 769 000	−10 074 000	55 254 000	−1 149 000
Financial Income	1 033 000	15 000	150 000	963 000
Financial Costs	226 032 000	93 312 000	52 184 000	16 516 000
Financial Balance	−224 999 000	−93 297 000	−52 034 000	−15 553 000
Dividends	0	0	0	0
Net Income	−495 899 000	−9 831 000	3 219 000	−16 703 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	233 409 000	93 540 000	0	0
Real Eastate	3 106 668 000	3 366 613 000	2 605 173 000	1 100 567 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 106 668 000	3 366 613 000	2 605 173 000	1 100 567 000
Total Fiancial Fixed Assets	0	0	0	55 340 000
Total Fixed Assets	3 340 077 000	3 460 153 000	2 605 173 000	1 155 907 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	54 749 000	9 127 000	5 952 000	40 553 000
Total Current Assets	129 251 000	279 005 000	40 774 000	46 997 000
Total Assets	3 469 328 000	3 739 158 000	2 645 947 000	1 202 904 000
Total Equity	−459 283 000	36 616 000	46 447 000	91 900 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 912 276 000	3 614 307 000	2 479 867 000	1 003 549 000
Creditors	8 310 000	75 392 000	117 662 000	94 527 000
Unpaid Taxes	−188 000	0	0	927 000
Dividends	0	0	0	0
Other Current Debt	8 213 000	12 843 000	1 972 000	12 001 000
Total Current Debt	16 335 000	88 235 000	119 634 000	107 455 000
Total Equity and Debt	3 469 328 000	3 739 158 000	2 645 947 000	1 202 904 000

Financial indicators	2022	2021	2020	2019
Return on Equity	107,97 %	−26,85 %	6,93 %	−18,18 %
Debt-to-Equity Ratio	−8,52	98,71	53,39	10,92
Operating Profit Margin	−419,51 %	−18,83 %	6 950,19 %	-
Current Ratio	7,91	3,16	0,34	0,44
Quick Ratio	7,91	3,16	0,34	0,44
Equity Ratio	−0,13	0,01	0,02	0,08
Gross Profit Margin	100 %	100 %	100 %	-