LUDENS NORGE AS

6019 ÅLESUND

Finances

Share Ownership

Return on Equity

32,07 %

Current Ratio

2,21

Debt-to-Equity Ratio

0,98

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 162 000	9 873 000	9 667 000	9 841 000
Net Income	860 000	444 000	−290 000	−113 000
Total Assets	6 773 000	8 086 000	6 131 000	7 042 000
Total Equity	2 682 000	1 823 000	1 379 000	1 669 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 162 000	9 873 000	9 667 000	9 841 000
Expenditure	8 939 000	9 199 000	9 901 000	9 820 000
Operating Profit	1 223 000	675 000	−234 000	21 000
Financial Income	8 000	5 000	11 000	13 000
Financial Costs	130 000	111 000	149 000	180 000
Financial Balance	−122 000	−106 000	−138 000	−167 000
Earnings Before Tax	1 102 000	569 000	−371 000	−145 000
Tax	242 000	125 000	−82 000	−32 000
Net Income	860 000	444 000	−290 000	−113 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 553 000	3 950 000	4 404 000	4 655 000
Total Current Assets	3 220 000	4 136 000	1 727 000	2 387 000
Total Assets	6 773 000	8 086 000	6 131 000	7 042 000
Total Retained Equity	2 582 000	1 723 000	1 279 000	1 569 000
Total Equity	2 682 000	1 823 000	1 379 000	1 669 000
Total Long-Term Debt	2 630 000	2 949 000	3 269 000	3 568 000
Total Current Debt	1 460 000	3 315 000	1 483 000	1 805 000
Total Equity and Debt	6 773 000	8 086 000	6 131 000	7 042 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 682 000	1 446 000	1 463 000	1 384 000
Other Income	8 480 000	8 427 000	8 203 000	8 457 000
Revenue	10 162 000	9 873 000	9 667 000	9 841 000
Cost of Goods Sold	178 000	205 000	231 000	271 000
Salary Costs	7 432 000	7 875 000	8 529 000	8 410 000
Depreciation	328 000	329 000	333 000	319 000
Impairment	0	0	0	0
Expenditure	8 939 000	9 199 000	9 901 000	9 820 000
Operating Profit	1 223 000	675 000	−234 000	21 000
Financial Income	8 000	5 000	11 000	13 000
Financial Costs	130 000	111 000	149 000	180 000
Financial Balance	−122 000	−106 000	−138 000	−167 000
Dividends	0	0	0	0
Net Income	860 000	444 000	−290 000	−113 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	72 000	141 000	266 000	184 000
Real Eastate	3 481 000	3 809 000	4 137 000	4 468 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	1 000	3 000
Total Tangible Assets	3 481 000	3 809 000	4 138 000	4 471 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 553 000	3 950 000	4 404 000	4 655 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 915 000	3 896 000	1 416 000	2 099 000
Total Current Assets	3 220 000	4 136 000	1 727 000	2 387 000
Total Assets	6 773 000	8 086 000	6 131 000	7 042 000
Total Equity	2 682 000	1 823 000	1 379 000	1 669 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 630 000	2 949 000	3 269 000	3 568 000
Creditors	65 000	54 000	62 000	338 000
Unpaid Taxes	389 000	405 000	431 000	575 000
Dividends	0	0	0	0
Other Current Debt	834 000	2 856 000	991 000	892 000
Total Current Debt	1 460 000	3 315 000	1 483 000	1 805 000
Total Equity and Debt	6 773 000	8 086 000	6 131 000	7 042 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,07 %	24,36 %	−21,03 %	−6,77 %
Debt-to-Equity Ratio	0,98	1,62	2,37	2,14
Operating Profit Margin	12,04 %	6,84 %	−2,42 %	0,21 %
Current Ratio	2,21	1,25	1,16	1,32
Quick Ratio	2,21	1,25	1,16	1,32
Equity Ratio	0,4	0,23	0,22	0,24
Gross Profit Margin	98,25 %	97,92 %	97,61 %	97,25 %