LUGANO AS

4612 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

89,04 %

Current Ratio

1,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 253 000	1 142 000	912 000	551 000
Net Income	325 000	711 000	471 000	−276 000
Total Assets	4 080 000	2 579 000	1 164 000	40 000
Total Equity	365 000	555 000	−157 000	−627 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 253 000	1 142 000	912 000	551 000
Expenditure	879 000	287 000	442 000	827 000
Operating Profit	373 000	856 000	471 000	−276 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	373 000	856 000	471 000	−276 000
Tax	48 000	144 000	0	0
Net Income	325 000	711 000	471 000	−276 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	−32 000	−32 000	−27 000	−23 000
Total Current Assets	4 111 000	2 610 000	1 191 000	63 000
Total Assets	4 080 000	2 579 000	1 164 000	40 000
Total Retained Equity	335 000	525 000	−187 000	−657 000
Total Equity	365 000	555 000	−157 000	−627 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 714 000	2 024 000	1 320 000	668 000
Total Equity and Debt	4 080 000	2 579 000	1 164 000	40 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 253 000	1 142 000	912 000	551 000
Other Income	0	0	0	0
Revenue	1 253 000	1 142 000	912 000	551 000
Cost of Goods Sold	29 000	5 000	2 000	29 000
Salary Costs	542 000	2 000	138 000	463 000
Depreciation	0	5 000	5 000	5 000
Impairment	0	0	0	0
Expenditure	879 000	287 000	442 000	827 000
Operating Profit	373 000	856 000	471 000	−276 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	325 000	711 000	471 000	−276 000

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	1 000	1 000	6 000	10 000
Total Tangible Assets	1 000	1 000	6 000	10 000
Total Fiancial Fixed Assets	−33 000	−33 000	−33 000	−33 000
Total Fixed Assets	−32 000	−32 000	−27 000	−23 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 111 000	2 610 000	1 191 000	63 000
Total Current Assets	4 111 000	2 610 000	1 191 000	63 000
Total Assets	4 080 000	2 579 000	1 164 000	40 000
Total Equity	365 000	555 000	−157 000	−627 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 407 000	997 000	656 000	295 000
Unpaid Taxes	1 097 000	533 000	281 000	85 000
Dividends	0	0	0	0
Other Current Debt	1 128 000	349 000	383 000	288 000
Total Current Debt	3 714 000	2 024 000	1 320 000	668 000
Total Equity and Debt	4 080 000	2 579 000	1 164 000	40 000

Financial indicators	2022	2021	2020	2019
Return on Equity	89,04 %	128,11 %	−300 %	44,02 %
Debt-to-Equity Ratio	0	0	−0	−0
Operating Profit Margin	29,77 %	74,96 %	51,64 %	−50,09 %
Current Ratio	1,11	1,29	0,9	0,09
Quick Ratio	1,11	1,29	0,9	0,09
Equity Ratio	0,09	0,22	−0,13	−15,68
Gross Profit Margin	97,69 %	99,56 %	99,78 %	94,74 %