LØRENVANGEN 22 AS

0380 OSLO

Finances

Share Ownership

Return on Equity

19,2 %

Current Ratio

90,14

Debt-to-Equity Ratio

4,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 810 000	9 344 000	155 000	0
Net Income	5 545 000	4 522 000	−2 327 000	−1 662 000
Total Assets	163 685 000	150 984 000	142 635 000	141 865 000
Total Equity	28 879 000	23 334 000	18 812 000	21 138 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 810 000	9 344 000	155 000	0
Expenditure	120 000	159 000	64 000	0
Operating Profit	12 690 000	9 185 000	91 000	0
Financial Income	1 000	0	0	0
Financial Costs	5 583 000	3 387 000	3 074 000	2 131 000
Financial Balance	−5 582 000	−3 387 000	−3 074 000	−2 131 000
Earnings Before Tax	7 109 000	5 798 000	−2 983 000	−2 131 000
Tax	1 564 000	1 276 000	−656 000	−469 000
Net Income	5 545 000	4 522 000	−2 327 000	−1 662 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 802 000	9 186 000	813 000	157 000
Total Current Assets	141 883 000	141 798 000	141 822 000	141 708 000
Total Assets	163 685 000	150 984 000	142 635 000	141 865 000
Total Retained Equity	27 779 000	22 234 000	17 712 000	20 038 000
Total Equity	28 879 000	23 334 000	18 812 000	21 138 000
Total Long-Term Debt	133 232 000	127 500 000	123 801 000	0
Total Current Debt	1 574 000	150 000	23 000	120 726 000
Total Equity and Debt	163 685 000	150 984 000	142 635 000	141 865 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	12 810 000	9 344 000	155 000	0
Revenue	12 810 000	9 344 000	155 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	120 000	159 000	64 000	0
Operating Profit	12 690 000	9 185 000	91 000	0
Financial Income	1 000	0	0	0
Financial Costs	5 583 000	3 387 000	3 074 000	2 131 000
Financial Balance	−5 582 000	−3 387 000	−3 074 000	−2 131 000
Dividends	0	0	0	0
Net Income	5 545 000	4 522 000	−2 327 000	−1 662 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	813 000	157 000
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	21 802 000	9 186 000	0	0
Total Fixed Assets	21 802 000	9 186 000	813 000	157 000
Stock	141 708 000	141 708 000	141 708 000	141 708 000
Total Investments	0	0	0	0
Cash, Bank	175 000	51 000	114 000	0
Total Current Assets	141 883 000	141 798 000	141 822 000	141 708 000
Total Assets	163 685 000	150 984 000	142 635 000	141 865 000
Total Equity	28 879 000	23 334 000	18 812 000	21 138 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	133 232 000	127 500 000	123 801 000	0
Creditors	10 000	0	23 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	120 726 000
Total Current Debt	1 574 000	150 000	23 000	120 726 000
Total Equity and Debt	163 685 000	150 984 000	142 635 000	141 865 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,2 %	19,38 %	−12,37 %	−7,86 %
Debt-to-Equity Ratio	4,61	5,46	6,58	0
Operating Profit Margin	99,06 %	98,3 %	58,71 %	-
Current Ratio	90,14	945,32	6 166,17	1,17
Quick Ratio	−1,01	−1	−1	−6,75
Equity Ratio	0,18	0,15	0,13	0,15
Gross Profit Margin	100 %	100 %	100 %	-