LUGUM AS

4009 STAVANGER

Finances

Return on Equity

52,05 %

Current Ratio

3,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 245 000	2 038 000	1 932 000	1 737 000
Net Income	597 000	319 000	284 000	115 000
Total Assets	1 663 000	1 409 000	1 431 000	1 067 000
Total Equity	1 147 000	750 000	993 000	709 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 245 000	2 038 000	1 932 000	1 737 000
Expenditure	1 489 000	1 510 000	1 563 000	1 576 000
Operating Profit	757 000	528 000	370 000	161 000
Financial Income	0	8 000	33 000	3 000
Financial Costs	1 000	96 000	17 000	2 000
Financial Balance	−1 000	−88 000	16 000	1 000
Earnings Before Tax	756 000	440 000	386 000	162 000
Tax	160 000	120 000	102 000	48 000
Net Income	597 000	319 000	284 000	115 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 000	11 000	61 000	208 000
Total Current Assets	1 643 000	1 398 000	1 370 000	859 000
Total Assets	1 663 000	1 409 000	1 431 000	1 067 000
Total Retained Equity	1 117 000	720 000	963 000	679 000
Total Equity	1 147 000	750 000	993 000	709 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	516 000	658 000	438 000	357 000
Total Equity and Debt	1 663 000	1 409 000	1 431 000	1 067 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 245 000	2 038 000	1 932 000	1 737 000
Other Income	0	0	0	0
Revenue	2 245 000	2 038 000	1 932 000	1 737 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 384 000	1 348 000	1 305 000	1 290 000
Depreciation	11 000	66 000	147 000	147 000
Impairment	0	0	0	0
Expenditure	1 489 000	1 510 000	1 563 000	1 576 000
Operating Profit	757 000	528 000	370 000	161 000
Financial Income	0	8 000	33 000	3 000
Financial Costs	1 000	96 000	17 000	2 000
Financial Balance	−1 000	−88 000	16 000	1 000
Dividends	200 000	562 000	0	60 000
Net Income	597 000	319 000	284 000	115 000

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	21 000	11 000	61 000	208 000
Total Tangible Assets	21 000	11 000	61 000	208 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	21 000	11 000	61 000	208 000
Stock	0	0	0	0
Total Investments	35 000	35 000	87 000	29 000
Cash, Bank	1 011 000	854 000	825 000	457 000
Total Current Assets	1 643 000	1 398 000	1 370 000	859 000
Total Assets	1 663 000	1 409 000	1 431 000	1 067 000
Total Equity	1 147 000	750 000	993 000	709 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	7 000	5 000	4 000
Unpaid Taxes	237 000	214 000	197 000	188 000
Dividends	200 000	562 000	0	60 000
Other Current Debt	119 000	117 000	134 000	109 000
Total Current Debt	516 000	658 000	438 000	357 000
Total Equity and Debt	1 663 000	1 409 000	1 431 000	1 067 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,05 %	42,53 %	28,6 %	16,22 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	33,72 %	25,91 %	19,15 %	9,27 %
Current Ratio	3,18	2,12	3,13	2,41
Quick Ratio	3,18	2,12	3,13	2,41
Equity Ratio	0,69	0,53	0,69	0,66
Gross Profit Margin	100 %	100 %	100 %	100 %