LUVENT AS

3320 VESTFOSSEN

Finances

Return on Equity

−49,79 %

Current Ratio

0,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 419 000	2 059 000	3 355 000	4 315 000
Net Income	−235 000	−732 000	−165 000	77 000
Total Assets	1 241 000	1 395 000	2 212 000	2 777 000
Total Equity	472 000	707 000	1 440 000	1 605 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 419 000	2 059 000	3 355 000	4 315 000
Expenditure	2 636 000	2 789 000	3 522 000	4 221 000
Operating Profit	−217 000	−731 000	−168 000	94 000
Financial Income	0	0	0	0
Financial Costs	18 000	5 000	7 000	4 000
Financial Balance	−18 000	−5 000	−7 000	−4 000
Earnings Before Tax	−235 000	−736 000	−175 000	90 000
Tax	0	−4 000	−10 000	14 000
Net Income	−235 000	−732 000	−165 000	77 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 039 000	1 082 000	1 135 000	1 189 000
Total Current Assets	202 000	313 000	1 077 000	1 588 000
Total Assets	1 241 000	1 395 000	2 212 000	2 777 000
Total Retained Equity	372 000	607 000	1 340 000	1 505 000
Total Equity	472 000	707 000	1 440 000	1 605 000
Total Long-Term Debt	0	0	0	10 000
Total Current Debt	769 000	688 000	773 000	1 162 000
Total Equity and Debt	1 241 000	1 395 000	2 212 000	2 777 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 071 000	1 795 000	2 834 000	3 912 000
Other Income	347 000	264 000	521 000	403 000
Revenue	2 419 000	2 059 000	3 355 000	4 315 000
Cost of Goods Sold	17 000	9 000	21 000	103 000
Salary Costs	1 937 000	2 091 000	2 686 000	3 174 000
Depreciation	43 000	53 000	53 000	53 000
Impairment	0	0	0	0
Expenditure	2 636 000	2 789 000	3 522 000	4 221 000
Operating Profit	−217 000	−731 000	−168 000	94 000
Financial Income	0	0	0	0
Financial Costs	18 000	5 000	7 000	4 000
Financial Balance	−18 000	−5 000	−7 000	−4 000
Dividends	0	0	0	0
Net Income	−235 000	−732 000	−165 000	77 000

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	29 000	72 000	125 000	179 000
Total Tangible Assets	29 000	72 000	125 000	179 000
Total Fiancial Fixed Assets	1 010 000	1 010 000	1 010 000	1 010 000
Total Fixed Assets	1 039 000	1 082 000	1 135 000	1 189 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	−21 000	−15 000	335 000	419 000
Total Current Assets	202 000	313 000	1 077 000	1 588 000
Total Assets	1 241 000	1 395 000	2 212 000	2 777 000
Total Equity	472 000	707 000	1 440 000	1 605 000
Short-Term Group Debt	324 000	171 000	47 000	119 000
Total Long-Term Debt	0	0	0	10 000
Creditors	4 000	12 000	42 000	52 000
Unpaid Taxes	84 000	205 000	279 000	590 000
Dividends	0	0	0	0
Other Current Debt	357 000	300 000	405 000	398 000
Total Current Debt	769 000	688 000	773 000	1 162 000
Total Equity and Debt	1 241 000	1 395 000	2 212 000	2 777 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−49,79 %	−103,54 %	−11,46 %	4,8 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	−8,97 %	−35,5 %	−5,01 %	2,18 %
Current Ratio	0,26	0,45	1,39	1,37
Quick Ratio	0,26	0,45	1,39	1,37
Equity Ratio	0,38	0,51	0,65	0,58
Gross Profit Margin	99,3 %	99,56 %	99,37 %	97,61 %