LØRENVEIEN 38 AS

0380 OSLO

Finances

Share Ownership

Return on Equity

21,92 %

Current Ratio

0,02

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020
Revenue	5 000 000	4 681 000	3 629 000
Net Income	1 609 000	1 093 000	−2 077 000
Total Assets	32 175 000	36 132 000	34 323 000
Total Equity	7 342 000	7 127 000	6 034 000

Income (NOK)	2022	2021	2020
Revenue	5 000 000	4 681 000	3 629 000
Expenditure	2 634 000	2 863 000	5 869 000
Operating Profit	2 365 000	1 819 000	−2 240 000
Financial Income	205 000	197 000	114 000
Financial Costs	507 000	615 000	537 000
Financial Balance	−302 000	−418 000	−423 000
Earnings Before Tax	2 063 000	1 402 000	−2 663 000
Tax	454 000	308 000	−586 000
Net Income	1 609 000	1 093 000	−2 077 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	31 616 000	32 605 000	33 864 000
Total Current Assets	558 000	3 526 000	459 000
Total Assets	32 175 000	36 132 000	34 323 000
Total Retained Equity	−269 000	−483 000	−1 577 000
Total Equity	7 342 000	7 127 000	6 034 000
Total Long-Term Debt	1 076 000	28 667 000	26 149 000
Total Current Debt	23 757 000	337 000	2 140 000
Total Equity and Debt	32 175 000	36 132 000	34 323 000

Cash flow (NOK)	2022	2021	2020
Sales Income	5 000 000	4 681 000	3 629 000
Other Income	0	0	0
Revenue	5 000 000	4 681 000	3 629 000
Cost of Goods Sold	2 465 000	2 691 000	4 434 000
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	2 634 000	2 863 000	5 869 000
Operating Profit	2 365 000	1 819 000	−2 240 000
Financial Income	205 000	197 000	114 000
Financial Costs	507 000	615 000	537 000
Financial Balance	−302 000	−418 000	−423 000
Dividends	0	0	0
Net Income	1 609 000	1 093 000	−2 077 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	31 616 000	32 605 000	33 864 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	31 616 000	32 605 000	33 864 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	31 616 000	32 605 000	33 864 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	0	0	154 000
Total Current Assets	558 000	3 526 000	459 000
Total Assets	32 175 000	36 132 000	34 323 000
Total Equity	7 342 000	7 127 000	6 034 000
Short-Term Group Debt	23 445 000	0	1 787 000
Total Long-Term Debt	1 076 000	28 667 000	26 149 000
Creditors	60 000	141 000	682 000
Unpaid Taxes	253 000	196 000	−440 000
Dividends	0	0	0
Other Current Debt	0	0	110 000
Total Current Debt	23 757 000	337 000	2 140 000
Total Equity and Debt	32 175 000	36 132 000	34 323 000

Financial indicators	2022	2021	2020
Return on Equity	21,92 %	15,34 %	−34,42 %
Debt-to-Equity Ratio	0,15	4,02	4,33
Operating Profit Margin	47,3 %	38,86 %	−61,72 %
Current Ratio	0,02	10,46	0,21
Quick Ratio	0,02	10,46	0,21
Equity Ratio	0,23	0,2	0,18
Gross Profit Margin	50,7 %	42,51 %	−22,18 %