LØVEN AS

2003 LILLESTRØM

Finances

Share Ownership

Return on Equity

46,68 %

Current Ratio

0,61

Debt-to-Equity Ratio

−0,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 856 000	5 427 000	4 889 000	4 862 000
Net Income	−563 000	−690 000	222 000	−205 000
Total Assets	3 432 000	503 000	956 000	979 000
Total Equity	−1 206 000	−643 000	47 000	−175 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 856 000	5 427 000	4 889 000	4 862 000
Expenditure	13 366 000	6 111 000	4 654 000	5 068 000
Operating Profit	−511 000	−684 000	235 000	−205 000
Financial Income	0	2 000	0	0
Financial Costs	53 000	7 000	1 000	0
Financial Balance	−53 000	−5 000	−1 000	0
Earnings Before Tax	−563 000	−690 000	235 000	−205 000
Tax	0	0	12 000	0
Net Income	−563 000	−690 000	222 000	−205 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 160 000	75 000	159 000	107 000
Total Current Assets	2 272 000	427 000	797 000	872 000
Total Assets	3 432 000	503 000	956 000	979 000
Total Retained Equity	−1 236 000	−673 000	17 000	−205 000
Total Equity	−1 206 000	−643 000	47 000	−175 000
Total Long-Term Debt	922 000	0	0	0
Total Current Debt	3 716 000	1 146 000	910 000	1 155 000
Total Equity and Debt	3 432 000	503 000	956 000	979 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 856 000	5 423 000	4 889 000	4 862 000
Other Income	0	4 000	0	0
Revenue	12 856 000	5 427 000	4 889 000	4 862 000
Cost of Goods Sold	14 000	119 000	14 000	13 000
Salary Costs	10 078 000	3 323 000	2 724 000	4 334 000
Depreciation	178 000	22 000	13 000	12 000
Impairment	0	0	0	0
Expenditure	13 366 000	6 111 000	4 654 000	5 068 000
Operating Profit	−511 000	−684 000	235 000	−205 000
Financial Income	0	2 000	0	0
Financial Costs	53 000	7 000	1 000	0
Financial Balance	−53 000	−5 000	−1 000	0
Dividends	0	0	0	0
Net Income	−563 000	−690 000	222 000	−205 000

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	952 000	45 000	67 000	38 000
Total Tangible Assets	952 000	45 000	67 000	38 000
Total Fiancial Fixed Assets	207 000	31 000	93 000	69 000
Total Fixed Assets	1 160 000	75 000	159 000	107 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	322 000	166 000	469 000	326 000
Total Current Assets	2 272 000	427 000	797 000	872 000
Total Assets	3 432 000	503 000	956 000	979 000
Total Equity	−1 206 000	−643 000	47 000	−175 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	922 000	0	0	0
Creditors	45 000	67 000	25 000	3 000
Unpaid Taxes	1 616 000	586 000	363 000	526 000
Dividends	0	0	0	0
Other Current Debt	2 056 000	493 000	509 000	626 000
Total Current Debt	3 716 000	1 146 000	910 000	1 155 000
Total Equity and Debt	3 432 000	503 000	956 000	979 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,68 %	107,31 %	472,34 %	117,14 %
Debt-to-Equity Ratio	−0,76	−0	0	−0
Operating Profit Margin	−3,97 %	−12,6 %	4,81 %	−4,22 %
Current Ratio	0,61	0,37	0,88	0,75
Quick Ratio	0,61	0,37	0,88	0,75
Equity Ratio	−0,35	−1,28	0,05	−0,18
Gross Profit Margin	99,89 %	97,81 %	99,71 %	99,73 %