LUX HORSES AS

1850 MYSEN

Finances

Share Ownership

Return on Equity

54,06 %

Current Ratio

0,34

Debt-to-Equity Ratio

−1,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	632 000	594 000	357 000	229 000
Net Income	−213 000	−67 000	−85 000	−73 000
Total Assets	613 000	325 000	231 000	158 000
Total Equity	−394 000	−180 000	−113 000	−28 000

Income (NOK)	2022	2021	2020	2019
Revenue	632 000	594 000	357 000	229 000
Expenditure	831 000	661 000	441 000	302 000
Operating Profit	−199 000	−66 000	−84 000	−72 000
Financial Income	0	0	0	0
Financial Costs	15 000	2 000	1 000	1 000
Financial Balance	−15 000	−2 000	−1 000	−1 000
Earnings Before Tax	−213 000	−67 000	−85 000	−73 000
Tax	0	0	0	0
Net Income	−213 000	−67 000	−85 000	−73 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	436 000	179 000	123 000	14 000
Total Current Assets	176 000	146 000	108 000	144 000
Total Assets	613 000	325 000	231 000	158 000
Total Retained Equity	−544 000	−330 000	−263 000	−178 000
Total Equity	−394 000	−180 000	−113 000	−28 000
Total Long-Term Debt	486 000	0	0	0
Total Current Debt	520 000	505 000	344 000	185 000
Total Equity and Debt	613 000	325 000	231 000	158 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	599 000	511 000	307 000	229 000
Other Income	33 000	83 000	50 000	0
Revenue	632 000	594 000	357 000	229 000
Cost of Goods Sold	240 000	142 000	88 000	146 000
Salary Costs	0	0	0	0
Depreciation	73 000	25 000	6 000	6 000
Impairment	0	0	0	0
Expenditure	831 000	661 000	441 000	302 000
Operating Profit	−199 000	−66 000	−84 000	−72 000
Financial Income	0	0	0	0
Financial Costs	15 000	2 000	1 000	1 000
Financial Balance	−15 000	−2 000	−1 000	−1 000
Dividends	0	0	0	0
Net Income	−213 000	−67 000	−85 000	−73 000

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	219 000	72 000	10 000	14 000
Fixtures	217 000	107 000	114 000	0
Total Tangible Assets	436 000	179 000	123 000	14 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	436 000	179 000	123 000	14 000
Stock	156 000	145 000	96 000	107 000
Total Investments	0	0	0	0
Cash, Bank	13 000	1 000	9 000	37 000
Total Current Assets	176 000	146 000	108 000	144 000
Total Assets	613 000	325 000	231 000	158 000
Total Equity	−394 000	−180 000	−113 000	−28 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	486 000	0	0	0
Creditors	337 000	251 000	67 000	26 000
Unpaid Taxes	−7 000	−26 000	−5 000	−7 000
Dividends	0	0	0	0
Other Current Debt	190 000	281 000	282 000	166 000
Total Current Debt	520 000	505 000	344 000	185 000
Total Equity and Debt	613 000	325 000	231 000	158 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,06 %	37,22 %	75,22 %	260,71 %
Debt-to-Equity Ratio	−1,23	−0	−0	−0
Operating Profit Margin	−31,49 %	−11,11 %	−23,53 %	−31,44 %
Current Ratio	0,34	0,29	0,31	0,78
Quick Ratio	0,48	0,41	0,44	1,85
Equity Ratio	−0,64	−0,55	−0,49	−0,18
Gross Profit Margin	62,03 %	76,09 %	75,35 %	36,24 %