LOVE AQUA AS

8430 MYRE

Finances

Share Ownership

Return on Equity

40,22 %

Current Ratio

3,8

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 639 000	375 000	1 516 000	3 881 000
Net Income	779 000	−644 000	−1 008 000	400 000
Total Assets	2 403 000	2 359 000	3 099 000	3 779 000
Total Equity	1 937 000	1 158 000	1 802 000	2 810 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 639 000	375 000	1 516 000	3 881 000
Expenditure	641 000	1 191 000	2 810 000	3 297 000
Operating Profit	998 000	−815 000	−1 294 000	583 000
Financial Income	2 000	2 000	3 000	2 000
Financial Costs	0	12 000	2 000	72 000
Financial Balance	2 000	−10 000	1 000	−70 000
Earnings Before Tax	999 000	−826 000	−1 293 000	513 000
Tax	220 000	−182 000	−284 000	113 000
Net Income	779 000	−644 000	−1 008 000	400 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	906 000	1 000 000	1 190 000	1 577 000
Total Current Assets	1 496 000	1 358 000	1 908 000	2 202 000
Total Assets	2 403 000	2 359 000	3 099 000	3 779 000
Total Retained Equity	1 919 000	1 139 000	1 783 000	2 792 000
Total Equity	1 937 000	1 158 000	1 802 000	2 810 000
Total Long-Term Debt	71 000	0	33 000	317 000
Total Current Debt	394 000	1 201 000	1 264 000	652 000
Total Equity and Debt	2 403 000	2 359 000	3 099 000	3 779 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 399 000	375 000	1 479 000	2 011 000
Other Income	−759 000	0	37 000	1 870 000
Revenue	1 639 000	375 000	1 516 000	3 881 000
Cost of Goods Sold	53 000	53 000	18 000	226 000
Salary Costs	0	28 000	884 000	1 147 000
Depreciation	41 000	334 000	380 000	569 000
Impairment	0	0	65 000	0
Expenditure	641 000	1 191 000	2 810 000	3 297 000
Operating Profit	998 000	−815 000	−1 294 000	583 000
Financial Income	2 000	2 000	3 000	2 000
Financial Costs	0	12 000	2 000	72 000
Financial Balance	2 000	−10 000	1 000	−70 000
Dividends	0	0	0	0
Net Income	779 000	−644 000	−1 008 000	400 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	149 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	227 000	432 000	857 000
Fixtures	0	143 000	192 000	73 000
Total Tangible Assets	0	837 000	1 171 000	1 557 000
Total Fiancial Fixed Assets	906 000	15 000	20 000	20 000
Total Fixed Assets	906 000	1 000 000	1 190 000	1 577 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 423 000	90 000	70 000	768 000
Total Current Assets	1 496 000	1 358 000	1 908 000	2 202 000
Total Assets	2 403 000	2 359 000	3 099 000	3 779 000
Total Equity	1 937 000	1 158 000	1 802 000	2 810 000
Short-Term Group Debt	−888 000	1 062 000	753 000	363 000
Total Long-Term Debt	71 000	0	33 000	317 000
Creditors	956 000	49 000	203 000	54 000
Unpaid Taxes	326 000	0	130 000	195 000
Dividends	0	0	0	0
Other Current Debt	0	89 000	179 000	40 000
Total Current Debt	394 000	1 201 000	1 264 000	652 000
Total Equity and Debt	2 403 000	2 359 000	3 099 000	3 779 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,22 %	−55,61 %	−55,94 %	14,23 %
Debt-to-Equity Ratio	0,04	0	0,02	0,11
Operating Profit Margin	60,89 %	−217,33 %	−85,36 %	15,02 %
Current Ratio	3,8	1,13	1,51	3,38
Quick Ratio	3,8	1,13	1,51	3,38
Equity Ratio	0,81	0,49	0,58	0,74
Gross Profit Margin	96,77 %	85,87 %	98,81 %	94,18 %