LØRENVANGEN 25 AS

1364 FORNEBU

Finances

Return on Equity

7,47 %

Current Ratio

0,85

Debt-to-Equity Ratio

0,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 232 000	3 975 000	2 800 000	2 402 000
Net Income	386 000	148 000	0	−168 000
Total Assets	48 601 000	47 936 000	31 836 000	25 480 000
Total Equity	5 169 000	4 783 000	13 594 000	10 424 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 232 000	3 975 000	2 800 000	2 402 000
Expenditure	3 004 000	2 794 000	2 512 000	1 810 000
Operating Profit	2 228 000	1 181 000	288 000	592 000
Financial Income	0	0	0	32 000
Financial Costs	1 733 000	991 000	288 000	839 000
Financial Balance	−1 733 000	−991 000	−288 000	−807 000
Earnings Before Tax	495 000	189 000	0	−215 000
Tax	109 000	42 000	0	−47 000
Net Income	386 000	148 000	0	−168 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 797 000	16 374 000	16 951 000	17 528 000
Total Current Assets	32 804 000	31 562 000	14 885 000	7 952 000
Total Assets	48 601 000	47 936 000	31 836 000	25 480 000
Total Retained Equity	534 000	148 000	5 354 000	5 354 000
Total Equity	5 169 000	4 783 000	13 594 000	10 424 000
Total Long-Term Debt	4 964 000	4 855 000	16 444 000	14 768 000
Total Current Debt	38 467 000	38 298 000	1 798 000	288 000
Total Equity and Debt	48 601 000	47 936 000	31 836 000	25 480 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	2 399 000
Other Income	5 232 000	3 975 000	2 800 000	3 000
Revenue	5 232 000	3 975 000	2 800 000	2 402 000
Cost of Goods Sold	0	0	0	483 000
Salary Costs	0	0	0	0
Depreciation	577 000	577 000	577 000	577 000
Impairment	0	0	0	0
Expenditure	3 004 000	2 794 000	2 512 000	1 810 000
Operating Profit	2 228 000	1 181 000	288 000	592 000
Financial Income	0	0	0	32 000
Financial Costs	1 733 000	991 000	288 000	839 000
Financial Balance	−1 733 000	−991 000	−288 000	−807 000
Dividends	0	0	0	0
Net Income	386 000	148 000	0	−168 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	15 797 000	16 374 000	16 951 000	17 528 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	15 797 000	16 374 000	16 951 000	17 528 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 797 000	16 374 000	16 951 000	17 528 000
Stock	17 666 000	13 581 000	6 952 000	0
Total Investments	0	0	0	0
Cash, Bank	14 097 000	13 937 000	3 368 000	7 834 000
Total Current Assets	32 804 000	31 562 000	14 885 000	7 952 000
Total Assets	48 601 000	47 936 000	31 836 000	25 480 000
Total Equity	5 169 000	4 783 000	13 594 000	10 424 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 964 000	4 855 000	16 444 000	14 768 000
Creditors	180 000	52 000	437 000	7 000
Unpaid Taxes	93 000	142 000	68 000	49 000
Dividends	0	0	0	0
Other Current Debt	194 000	104 000	1 293 000	188 000
Total Current Debt	38 467 000	38 298 000	1 798 000	288 000
Total Equity and Debt	48 601 000	47 936 000	31 836 000	25 480 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,47 %	3,09 %	0 %	−1,61 %
Debt-to-Equity Ratio	0,96	1,02	1,21	1,42
Operating Profit Margin	42,58 %	29,71 %	10,29 %	24,65 %
Current Ratio	0,85	0,82	8,28	27,61
Quick Ratio	1,58	1,28	−2,89	27,61
Equity Ratio	0,11	0,1	0,43	0,41
Gross Profit Margin	100 %	100 %	100 %	79,89 %