LØWEHJERTE DESIGN AS

6876 SKJOLDEN

Finances

Return on Equity

22,44 %

Current Ratio

2,82

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	129 000	48 000	103 000	168 000
Net Income	35 000	21 000	17 000	−132 000
Total Assets	201 000	224 000	237 000	228 000
Total Equity	156 000	120 000	99 000	82 000

Income (NOK)	2022	2021	2020	2019
Revenue	129 000	48 000	103 000	168 000
Expenditure	94 000	28 000	86 000	298 000
Operating Profit	35 000	21 000	17 000	−129 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	4 000
Financial Balance	0	0	0	−4 000
Earnings Before Tax	35 000	21 000	17 000	−132 000
Tax	0	0	0	0
Net Income	35 000	21 000	17 000	−132 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	74 000	74 000	2 000	11 000
Total Current Assets	127 000	150 000	235 000	217 000
Total Assets	201 000	224 000	237 000	228 000
Total Retained Equity	56 000	20 000	−1 000	−18 000
Total Equity	156 000	120 000	99 000	82 000
Total Long-Term Debt	0	0	3 000	3 000
Total Current Debt	45 000	103 000	135 000	144 000
Total Equity and Debt	201 000	224 000	237 000	228 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	129 000	48 000	103 000	168 000
Other Income	0	0	0	0
Revenue	129 000	48 000	103 000	168 000
Cost of Goods Sold	2 000	3 000	11 000	95 000
Salary Costs	148 000	0	0	66 000
Depreciation	0	2 000	10 000	10 000
Impairment	0	0	0	0
Expenditure	94 000	28 000	86 000	298 000
Operating Profit	35 000	21 000	17 000	−129 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	4 000
Financial Balance	0	0	0	−4 000
Dividends	0	0	0	0
Net Income	35 000	21 000	17 000	−132 000

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	0	0	2 000	11 000
Total Tangible Assets	0	0	2 000	11 000
Total Fiancial Fixed Assets	74 000	74 000	0	0
Total Fixed Assets	74 000	74 000	2 000	11 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	82 000	150 000	135 000	217 000
Total Current Assets	127 000	150 000	235 000	217 000
Total Assets	201 000	224 000	237 000	228 000
Total Equity	156 000	120 000	99 000	82 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	3 000	3 000
Creditors	5 000	2 000	4 000	3 000
Unpaid Taxes	26 000	10 000	17 000	−8 000
Dividends	0	0	0	0
Other Current Debt	14 000	91 000	124 000	154 000
Total Current Debt	45 000	103 000	135 000	144 000
Total Equity and Debt	201 000	224 000	237 000	228 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,44 %	17,5 %	17,17 %	−160,98 %
Debt-to-Equity Ratio	0	0	0,03	0,04
Operating Profit Margin	27,13 %	43,75 %	16,5 %	−76,79 %
Current Ratio	2,82	1,46	1,74	1,51
Quick Ratio	2,82	1,46	1,74	1,51
Equity Ratio	0,78	0,54	0,42	0,36
Gross Profit Margin	98,45 %	93,75 %	89,32 %	43,45 %