LØNNEVEIEN UTVIKLING AS

3472 BØDALEN

Finances

Return on Equity

−0,09 %

Current Ratio

3,63

Debt-to-Equity Ratio

0,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	2 605 000	96 000	96 000
Net Income	−1 000	2 614 000	434 000	43 000
Total Assets	2 035 000	5 213 000	2 937 000	2 080 000
Total Equity	1 144 000	1 145 000	1 530 000	1 096 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	2 605 000	96 000	96 000
Expenditure	2 000	348 000	71 000	41 000
Operating Profit	−2 000	2 256 000	26 000	56 000
Financial Income	1 000	860 000	417 000	0
Financial Costs	0	0	0	0
Financial Balance	1 000	860 000	417 000	0
Earnings Before Tax	−1 000	3 116 000	443 000	55 000
Tax	0	502 000	8 000	12 000
Net Income	−1 000	2 614 000	434 000	43 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	163 000	290 000	1 239 000	2 053 000
Total Current Assets	1 872 000	4 923 000	1 699 000	27 000
Total Assets	2 035 000	5 213 000	2 937 000	2 080 000
Total Retained Equity	1 044 000	1 045 000	1 430 000	996 000
Total Equity	1 144 000	1 145 000	1 530 000	1 096 000
Total Long-Term Debt	375 000	469 000	69 000	966 000
Total Current Debt	516 000	3 599 000	1 338 000	18 000
Total Equity and Debt	2 035 000	5 213 000	2 937 000	2 080 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	2 605 000	96 000	96 000
Revenue	0	2 605 000	96 000	96 000
Cost of Goods Sold	0	137 000	22 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 000	348 000	71 000	41 000
Operating Profit	−2 000	2 256 000	26 000	56 000
Financial Income	1 000	860 000	417 000	0
Financial Costs	0	0	0	0
Financial Balance	1 000	860 000	417 000	0
Dividends	0	3 000 000	0	0
Net Income	−1 000	2 614 000	434 000	43 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	945 000	945 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	945 000	945 000
Total Fiancial Fixed Assets	163 000	290 000	294 000	1 108 000
Total Fixed Assets	163 000	290 000	1 239 000	2 053 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 275 000	4 326 000	1 699 000	27 000
Total Current Assets	1 872 000	4 923 000	1 699 000	27 000
Total Assets	2 035 000	5 213 000	2 937 000	2 080 000
Total Equity	1 144 000	1 145 000	1 530 000	1 096 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	375 000	469 000	69 000	966 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	3 000 000	0	0
Other Current Debt	422 000	549 000	1 323 000	0
Total Current Debt	516 000	3 599 000	1 338 000	18 000
Total Equity and Debt	2 035 000	5 213 000	2 937 000	2 080 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,09 %	228,3 %	28,37 %	3,92 %
Debt-to-Equity Ratio	0,33	0,41	0,05	0,88
Operating Profit Margin	-	86,6 %	27,08 %	58,33 %
Current Ratio	3,63	1,37	1,27	1,5
Quick Ratio	3,63	1,37	1,27	1,5
Equity Ratio	0,56	0,22	0,52	0,53
Gross Profit Margin	-	94,74 %	77,08 %	100 %