LØVENSTAD PROMENADE AS

2008 FJERDINGBY

Finances

Share Ownership

Return on Equity

89,65 %

Current Ratio

134,69

Debt-to-Equity Ratio

−27,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	497 000	50 000	0	0
Net Income	−1 022 000	1 000	−106 000	−38 000
Total Assets	30 575 000	10 947 000	5 000	23 000
Total Equity	−1 140 000	−119 000	−119 000	−13 000

Income (NOK)	2022	2021	2020	2019
Revenue	497 000	50 000	0	0
Expenditure	138 000	49 000	106 000	38 000
Operating Profit	359 000	1 000	−106 000	−38 000
Financial Income	0	0	0	0
Financial Costs	1 381 000	0	0	0
Financial Balance	−1 381 000	0	0	0
Earnings Before Tax	−1 022 000	1 000	−106 000	−38 000
Tax	0	0	0	0
Net Income	−1 022 000	1 000	−106 000	−38 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	30 575 000	10 947 000	5 000	23 000
Total Assets	30 575 000	10 947 000	5 000	23 000
Total Retained Equity	−1 165 000	−143 000	−144 000	−38 000
Total Equity	−1 140 000	−119 000	−119 000	−13 000
Total Long-Term Debt	31 488 000	10 910 000	0	0
Total Current Debt	227 000	156 000	124 000	37 000
Total Equity and Debt	30 575 000	10 947 000	5 000	23 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	497 000	50 000	0	0
Revenue	497 000	50 000	0	0
Cost of Goods Sold	0	0	96 000	36 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	138 000	49 000	106 000	38 000
Operating Profit	359 000	1 000	−106 000	−38 000
Financial Income	0	0	0	0
Financial Costs	1 381 000	0	0	0
Financial Balance	−1 381 000	0	0	0
Dividends	0	0	0	0
Net Income	−1 022 000	1 000	−106 000	−38 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	30 425 000	10 874 000	0	0
Total Investments	0	0	0	0
Cash, Bank	99 000	48 000	5 000	23 000
Total Current Assets	30 575 000	10 947 000	5 000	23 000
Total Assets	30 575 000	10 947 000	5 000	23 000
Total Equity	−1 140 000	−119 000	−119 000	−13 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	31 488 000	10 910 000	0	0
Creditors	3 000	7 000	0	37 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	224 000	149 000	124 000	0
Total Current Debt	227 000	156 000	124 000	37 000
Total Equity and Debt	30 575 000	10 947 000	5 000	23 000

Financial indicators	2022	2021	2020	2019
Return on Equity	89,65 %	−0,84 %	89,08 %	292,31 %
Debt-to-Equity Ratio	−27,62	−91,68	−0	−0
Operating Profit Margin	72,23 %	2 %	-	-
Current Ratio	134,69	70,17	0,04	0,62
Quick Ratio	−1,01	−1,02	0,04	0,62
Equity Ratio	−0,04	−0,01	−23,8	−0,57
Gross Profit Margin	100 %	100 %	-	-