LOVART AQUA LOGISTICS AS

6413 MOLDE

Finances

Return on Equity

−44,38 %

Current Ratio

0,15

Debt-to-Equity Ratio

1,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 000 000	15 725 000	22 500 000	15 064 000
Net Income	−14 630 000	−5 638 000	539 000	642 000
Total Assets	106 448 000	117 668 000	88 466 000	10 022 000
Total Equity	32 962 000	47 592 000	37 905 000	4 765 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 000 000	15 725 000	22 500 000	15 064 000
Expenditure	18 285 000	20 738 000	20 689 000	13 884 000
Operating Profit	−4 285 000	−5 014 000	1 808 000	1 179 000
Financial Income	84 000	115 000	36 000	2 000
Financial Costs	12 455 000	2 520 000	1 154 000	327 000
Financial Balance	−12 371 000	−2 405 000	−1 118 000	−325 000
Earnings Before Tax	−16 656 000	−7 419 000	691 000	854 000
Tax	−2 026 000	−1 781 000	152 000	212 000
Net Income	−14 630 000	−5 638 000	539 000	642 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	103 505 000	115 041 000	81 806 000	7 031 000
Total Current Assets	2 943 000	2 627 000	6 660 000	2 991 000
Total Assets	106 448 000	117 668 000	88 466 000	10 022 000
Total Retained Equity	−19 271 000	−4 641 000	997 000	458 000
Total Equity	32 962 000	47 592 000	37 905 000	4 765 000
Total Long-Term Debt	54 365 000	54 175 000	37 029 000	2 858 000
Total Current Debt	19 122 000	15 902 000	13 532 000	2 399 000
Total Equity and Debt	106 448 000	117 668 000	88 466 000	10 022 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 847 000	15 723 000	20 167 000	15 064 000
Other Income	153 000	1 000	2 333 000	0
Revenue	14 000 000	15 725 000	22 500 000	15 064 000
Cost of Goods Sold	152 000	335 000	411 000	15 000
Salary Costs	6 476 000	6 512 000	8 406 000	5 647 000
Depreciation	2 870 000	2 244 000	1 403 000	535 000
Impairment	122 000	0	0	0
Expenditure	18 285 000	20 738 000	20 689 000	13 884 000
Operating Profit	−4 285 000	−5 014 000	1 808 000	1 179 000
Financial Income	84 000	115 000	36 000	2 000
Financial Costs	12 455 000	2 520 000	1 154 000	327 000
Financial Balance	−12 371 000	−2 405 000	−1 118 000	−325 000
Dividends	0	0	0	0
Net Income	−14 630 000	−5 638 000	539 000	642 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 497 000	1 842 000	621 000	870 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	2 381 000	2 133 000	815 000
Total Tangible Assets	91 759 000	97 167 000	64 564 000	6 065 000
Total Fiancial Fixed Assets	8 250 000	16 033 000	16 621 000	96 000
Total Fixed Assets	103 505 000	115 041 000	81 806 000	7 031 000
Stock	297 000	410 000	421 000	0
Total Investments	0	0	0	0
Cash, Bank	399 000	694 000	3 320 000	1 147 000
Total Current Assets	2 943 000	2 627 000	6 660 000	2 991 000
Total Assets	106 448 000	117 668 000	88 466 000	10 022 000
Total Equity	32 962 000	47 592 000	37 905 000	4 765 000
Short-Term Group Debt	250 000	0	0	0
Total Long-Term Debt	54 365 000	54 175 000	37 029 000	2 858 000
Creditors	3 114 000	3 230 000	3 125 000	1 584 000
Unpaid Taxes	1 261 000	560 000	1 106 000	760 000
Dividends	0	0	0	0
Other Current Debt	14 240 000	11 986 000	8 530 000	55 000
Total Current Debt	19 122 000	15 902 000	13 532 000	2 399 000
Total Equity and Debt	106 448 000	117 668 000	88 466 000	10 022 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−44,38 %	−11,85 %	1,42 %	13,47 %
Debt-to-Equity Ratio	1,65	1,14	0,98	0,6
Operating Profit Margin	−30,61 %	−31,89 %	8,04 %	7,83 %
Current Ratio	0,15	0,17	0,49	1,25
Quick Ratio	0,16	0,17	0,51	1,25
Equity Ratio	0,31	0,4	0,43	0,48
Gross Profit Margin	98,91 %	97,87 %	98,17 %	99,9 %