LØVGREEN AS

1929 AULI

Finances

Return on Equity

−102,91 %

Current Ratio

1,11

Debt-to-Equity Ratio

2,98

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 520 000	6 595 000	5 845 000	7 611 000
Net Income	−106 000	458 000	−567 000	−40 000
Total Assets	1 114 000	1 124 000	1 084 000	1 812 000
Total Equity	103 000	209 000	−225 000	342 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 520 000	6 595 000	5 845 000	7 611 000
Expenditure	5 558 000	6 128 000	6 388 000	7 638 000
Operating Profit	−38 000	466 000	−542 000	−27 000
Financial Income	0	0	0	1 000
Financial Costs	68 000	8 000	25 000	6 000
Financial Balance	−68 000	−8 000	−25 000	−5 000
Earnings Before Tax	−106 000	458 000	−567 000	−33 000
Tax	0	0	0	7 000
Net Income	−106 000	458 000	−567 000	−40 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	333 000	62 000	62 000	81 000
Total Current Assets	782 000	1 063 000	1 022 000	1 731 000
Total Assets	1 114 000	1 124 000	1 084 000	1 812 000
Total Retained Equity	82 000	188 000	−246 000	321 000
Total Equity	103 000	209 000	−225 000	342 000
Total Long-Term Debt	307 000	3 000	33 000	65 000
Total Current Debt	704 000	911 000	1 276 000	1 405 000
Total Equity and Debt	1 114 000	1 124 000	1 084 000	1 812 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 520 000	6 595 000	5 845 000	7 565 000
Other Income	0	0	0	46 000
Revenue	5 520 000	6 595 000	5 845 000	7 611 000
Cost of Goods Sold	2 378 000	2 196 000	1 369 000	1 565 000
Salary Costs	2 413 000	2 792 000	3 793 000	4 728 000
Depreciation	55 000	0	40 000	37 000
Impairment	0	0	0	0
Expenditure	5 558 000	6 128 000	6 388 000	7 638 000
Operating Profit	−38 000	466 000	−542 000	−27 000
Financial Income	0	0	0	1 000
Financial Costs	68 000	8 000	25 000	6 000
Financial Balance	−68 000	−8 000	−25 000	−5 000
Dividends	0	0	0	0
Net Income	−106 000	458 000	−567 000	−40 000

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	324 000	0	0	17 000
Fixtures	9 000	62 000	62 000	63 000
Total Tangible Assets	333 000	62 000	62 000	81 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	333 000	62 000	62 000	81 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	266 000	464 000	505 000	710 000
Total Current Assets	782 000	1 063 000	1 022 000	1 731 000
Total Assets	1 114 000	1 124 000	1 084 000	1 812 000
Total Equity	103 000	209 000	−225 000	342 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	307 000	3 000	33 000	65 000
Creditors	68 000	133 000	222 000	286 000
Unpaid Taxes	267 000	551 000	771 000	834 000
Dividends	0	0	0	0
Other Current Debt	350 000	227 000	283 000	284 000
Total Current Debt	704 000	911 000	1 276 000	1 405 000
Total Equity and Debt	1 114 000	1 124 000	1 084 000	1 812 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−102,91 %	219,14 %	252 %	−11,7 %
Debt-to-Equity Ratio	2,98	0,01	−0,15	0,19
Operating Profit Margin	−0,69 %	7,07 %	−9,27 %	−0,35 %
Current Ratio	1,11	1,17	0,8	1,23
Quick Ratio	1,11	1,17	0,8	1,23
Equity Ratio	0,09	0,19	−0,21	0,19
Gross Profit Margin	56,92 %	66,7 %	76,58 %	79,44 %