LUVHAIR AS

0554 OSLO

Finances

Share Ownership

Return on Equity

36,48 %

Current Ratio

1,73

Debt-to-Equity Ratio

0,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 127 000	4 113 000	3 626 000	3 940 000
Net Income	290 000	459 000	445 000	173 000
Total Assets	2 203 000	2 182 000	2 161 000	1 918 000
Total Equity	795 000	804 000	645 000	550 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 127 000	4 113 000	3 626 000	3 940 000
Expenditure	3 741 000	3 495 000	3 033 000	3 708 000
Operating Profit	391 000	618 000	592 000	232 000
Financial Income	0	0	0	1 000
Financial Costs	14 000	18 000	25 000	10 000
Financial Balance	−14 000	−18 000	−25 000	−9 000
Earnings Before Tax	377 000	600 000	567 000	223 000
Tax	87 000	141 000	122 000	50 000
Net Income	290 000	459 000	445 000	173 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	132 000	252 000	337 000	434 000
Total Current Assets	2 072 000	1 929 000	1 825 000	1 485 000
Total Assets	2 203 000	2 182 000	2 161 000	1 918 000
Total Retained Equity	695 000	704 000	545 000	450 000
Total Equity	795 000	804 000	645 000	550 000
Total Long-Term Debt	210 000	330 000	450 000	570 000
Total Current Debt	1 199 000	1 048 000	1 066 000	798 000
Total Equity and Debt	2 203 000	2 182 000	2 161 000	1 918 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 127 000	4 078 000	3 574 000	3 940 000
Other Income	0	34 000	52 000	0
Revenue	4 127 000	4 113 000	3 626 000	3 940 000
Cost of Goods Sold	434 000	461 000	465 000	535 000
Salary Costs	2 342 000	2 014 000	1 642 000	1 923 000
Depreciation	101 000	102 000	102 000	28 000
Impairment	0	0	0	0
Expenditure	3 741 000	3 495 000	3 033 000	3 708 000
Operating Profit	391 000	618 000	592 000	232 000
Financial Income	0	0	0	1 000
Financial Costs	14 000	18 000	25 000	10 000
Financial Balance	−14 000	−18 000	−25 000	−9 000
Dividends	300 000	300 000	350 000	0
Net Income	290 000	459 000	445 000	173 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	5 000	0
Real Eastate	128 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	229 000	331 000	434 000
Total Tangible Assets	128 000	229 000	331 000	434 000
Total Fiancial Fixed Assets	3 000	24 000	0	0
Total Fixed Assets	132 000	252 000	337 000	434 000
Stock	143 000	138 000	169 000	210 000
Total Investments	0	0	0	0
Cash, Bank	1 903 000	1 740 000	1 608 000	1 222 000
Total Current Assets	2 072 000	1 929 000	1 825 000	1 485 000
Total Assets	2 203 000	2 182 000	2 161 000	1 918 000
Total Equity	795 000	804 000	645 000	550 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	210 000	330 000	450 000	570 000
Creditors	66 000	61 000	70 000	81 000
Unpaid Taxes	367 000	358 000	321 000	334 000
Dividends	300 000	300 000	350 000	0
Other Current Debt	379 000	193 000	198 000	334 000
Total Current Debt	1 199 000	1 048 000	1 066 000	798 000
Total Equity and Debt	2 203 000	2 182 000	2 161 000	1 918 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,48 %	57,09 %	68,99 %	31,45 %
Debt-to-Equity Ratio	0,26	0,41	0,7	1,04
Operating Profit Margin	9,47 %	15,03 %	16,33 %	5,89 %
Current Ratio	1,73	1,84	1,71	1,86
Quick Ratio	1,96	2,12	2,03	2,53
Equity Ratio	0,36	0,37	0,3	0,29
Gross Profit Margin	89,48 %	88,79 %	87,18 %	86,42 %