LUDVIG VII AS

2864 FALL

Finances

Return on Equity

54,76 %

Current Ratio

2,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 020 000	1 732 000	1 816 000	1 672 000
Net Income	736 000	564 000	756 000	359 000
Total Assets	2 336 000	1 520 000	1 843 000	951 000
Total Equity	1 344 000	1 108 000	1 444 000	689 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 020 000	1 732 000	1 816 000	1 672 000
Expenditure	1 103 000	1 045 000	1 259 000	1 490 000
Operating Profit	917 000	687 000	556 000	182 000
Financial Income	30 000	37 000	325 000	220 000
Financial Costs	0	0	0	0
Financial Balance	30 000	37 000	325 000	220 000
Earnings Before Tax	947 000	724 000	881 000	402 000
Tax	211 000	160 000	125 000	43 000
Net Income	736 000	564 000	756 000	359 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	451 000	151 000
Total Current Assets	2 336 000	1 520 000	1 392 000	800 000
Total Assets	2 336 000	1 520 000	1 843 000	951 000
Total Retained Equity	1 256 000	1 020 000	1 356 000	601 000
Total Equity	1 344 000	1 108 000	1 444 000	689 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	992 000	412 000	399 000	262 000
Total Equity and Debt	2 336 000	1 520 000	1 843 000	951 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 020 000	1 732 000	1 816 000	1 672 000
Other Income	0	0	0	0
Revenue	2 020 000	1 732 000	1 816 000	1 672 000
Cost of Goods Sold	39 000	186 000	593 000	627 000
Salary Costs	899 000	744 000	488 000	694 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 103 000	1 045 000	1 259 000	1 490 000
Operating Profit	917 000	687 000	556 000	182 000
Financial Income	30 000	37 000	325 000	220 000
Financial Costs	0	0	0	0
Financial Balance	30 000	37 000	325 000	220 000
Dividends	500 000	600 000	0	0
Net Income	736 000	564 000	756 000	359 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	451 000	151 000
Total Fixed Assets	0	0	451 000	151 000
Stock	0	0	0	0
Total Investments	323 000	201 000	50 000	88 000
Cash, Bank	988 000	623 000	1 023 000	482 000
Total Current Assets	2 336 000	1 520 000	1 392 000	800 000
Total Assets	2 336 000	1 520 000	1 843 000	951 000
Total Equity	1 344 000	1 108 000	1 444 000	689 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	10 000	5 000	99 000	54 000
Unpaid Taxes	187 000	178 000	127 000	99 000
Dividends	500 000	600 000	0	0
Other Current Debt	83 000	69 000	47 000	65 000
Total Current Debt	992 000	412 000	399 000	262 000
Total Equity and Debt	2 336 000	1 520 000	1 843 000	951 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,76 %	50,9 %	52,35 %	52,1 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	45,4 %	39,67 %	30,62 %	10,89 %
Current Ratio	2,35	3,69	3,49	3,05
Quick Ratio	2,35	3,69	3,49	3,05
Equity Ratio	0,58	0,73	0,78	0,72
Gross Profit Margin	98,07 %	89,26 %	67,35 %	62,5 %