LOGIC EVENT MANAGEMENT AS

1363 HØVIK

Finances

Return on Equity

−88,76 %

Current Ratio

0,43

Debt-to-Equity Ratio

−2,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 818 000	4 274 000	2 885 000	5 499 000
Net Income	521 000	−671 000	105 000	160 000
Total Assets	3 160 000	2 645 000	1 929 000	2 173 000
Total Equity	−587 000	−1 126 000	−455 000	−560 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 818 000	4 274 000	2 885 000	5 499 000
Expenditure	6 113 000	4 885 000	2 719 000	5 319 000
Operating Profit	706 000	−611 000	167 000	180 000
Financial Income	3 000	1 000	12 000	6 000
Financial Costs	189 000	62 000	74 000	26 000
Financial Balance	−186 000	−61 000	−62 000	−20 000
Earnings Before Tax	521 000	−671 000	105 000	160 000
Tax	0	0	0	0
Net Income	521 000	−671 000	105 000	160 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 071 000	2 075 000	781 000	728 000
Total Current Assets	1 089 000	570 000	1 149 000	1 445 000
Total Assets	3 160 000	2 645 000	1 929 000	2 173 000
Total Retained Equity	−687 000	−1 226 000	−555 000	−660 000
Total Equity	−587 000	−1 126 000	−455 000	−560 000
Total Long-Term Debt	1 196 000	1 446 000	1 196 000	1 620 000
Total Current Debt	2 550 000	2 325 000	1 188 000	1 112 000
Total Equity and Debt	3 160 000	2 645 000	1 929 000	2 173 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 843 000	4 194 000	2 885 000	5 499 000
Other Income	−25 000	80 000	0	0
Revenue	6 818 000	4 274 000	2 885 000	5 499 000
Cost of Goods Sold	2 418 000	1 336 000	545 000	2 085 000
Salary Costs	1 548 000	1 427 000	491 000	802 000
Depreciation	79 000	68 000	0	88 000
Impairment	0	0	0	0
Expenditure	6 113 000	4 885 000	2 719 000	5 319 000
Operating Profit	706 000	−611 000	167 000	180 000
Financial Income	3 000	1 000	12 000	6 000
Financial Costs	189 000	62 000	74 000	26 000
Financial Balance	−186 000	−61 000	−62 000	−20 000
Dividends	0	0	0	0
Net Income	521 000	−671 000	105 000	160 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	360 000	400 000	0	0
Machinery and Plant Facilities	449 000	0	0	455 000
Fixtures	227 000	227 000	0	0
Total Tangible Assets	1 474 000	1 478 000	684 000	684 000
Total Fiancial Fixed Assets	597 000	597 000	97 000	44 000
Total Fixed Assets	2 071 000	2 075 000	781 000	728 000
Stock	29 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	751 000	107 000	275 000	101 000
Total Current Assets	1 089 000	570 000	1 149 000	1 445 000
Total Assets	3 160 000	2 645 000	1 929 000	2 173 000
Total Equity	−587 000	−1 126 000	−455 000	−560 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 196 000	1 446 000	1 196 000	1 620 000
Creditors	2 767 000	2 633 000	1 711 000	1 314 000
Unpaid Taxes	259 000	265 000	221 000	279 000
Dividends	0	0	0	0
Other Current Debt	−476 000	−574 000	−744 000	−481 000
Total Current Debt	2 550 000	2 325 000	1 188 000	1 112 000
Total Equity and Debt	3 160 000	2 645 000	1 929 000	2 173 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−88,76 %	59,59 %	−23,08 %	−28,57 %
Debt-to-Equity Ratio	−2,04	−1,28	−2,63	−2,89
Operating Profit Margin	10,35 %	−14,3 %	5,79 %	3,27 %
Current Ratio	0,43	0,25	0,97	1,3
Quick Ratio	0,43	0,25	0,97	1,3
Equity Ratio	−0,19	−0,43	−0,24	−0,26
Gross Profit Margin	64,54 %	68,74 %	81,11 %	62,08 %