LOVISENBERGGATA 4 F AS

4847 ARENDAL

Finances

Share Ownership

Return on Equity

18,9 %

Current Ratio

1,7

Debt-to-Equity Ratio

7,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 847 000	6 651 000	6 347 000	5 890 000
Net Income	2 255 000	1 976 000	1 016 000	1 877 000
Total Assets	106 320 000	105 526 000	105 025 000	106 355 000
Total Equity	11 930 000	9 674 000	7 698 000	6 683 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 847 000	6 651 000	6 347 000	5 890 000
Expenditure	2 951 000	2 667 000	3 124 000	1 286 000
Operating Profit	4 896 000	3 984 000	3 223 000	4 604 000
Financial Income	6 000	0	1 000	1 000
Financial Costs	2 010 000	1 449 000	1 882 000	2 191 000
Financial Balance	−2 004 000	−1 449 000	−1 881 000	−2 190 000
Earnings Before Tax	2 892 000	2 534 000	1 342 000	2 413 000
Tax	636 000	558 000	326 000	536 000
Net Income	2 255 000	1 976 000	1 016 000	1 877 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	104 382 000	104 445 000	104 444 000	104 364 000
Total Current Assets	1 937 000	1 081 000	581 000	1 990 000
Total Assets	106 320 000	105 526 000	105 025 000	106 355 000
Total Retained Equity	5 361 000	3 106 000	1 130 000	114 000
Total Equity	11 930 000	9 674 000	7 698 000	6 683 000
Total Long-Term Debt	93 250 000	95 177 000	96 430 000	97 154 000
Total Current Debt	1 140 000	675 000	897 000	2 519 000
Total Equity and Debt	106 320 000	105 526 000	105 025 000	106 355 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	5 890 000
Other Income	7 847 000	6 651 000	6 347 000	0
Revenue	7 847 000	6 651 000	6 347 000	5 890 000
Cost of Goods Sold	0	0	0	0
Salary Costs	124 000	158 000	230 000	207 000
Depreciation	12 000	8 000	0	0
Impairment	0	0	0	0
Expenditure	2 951 000	2 667 000	3 124 000	1 286 000
Operating Profit	4 896 000	3 984 000	3 223 000	4 604 000
Financial Income	6 000	0	1 000	1 000
Financial Costs	2 010 000	1 449 000	1 882 000	2 191 000
Financial Balance	−2 004 000	−1 449 000	−1 881 000	−2 190 000
Dividends	0	0	0	0
Net Income	2 255 000	1 976 000	1 016 000	1 877 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 787 000	1 838 000	1 879 000	1 799 000
Real Eastate	102 580 000	102 580 000	102 565 000	102 565 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	15 000	27 000	0	0
Total Tangible Assets	102 595 000	102 607 000	102 565 000	102 565 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	104 382 000	104 445 000	104 444 000	104 364 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 756 000	1 053 000	494 000	758 000
Total Current Assets	1 937 000	1 081 000	581 000	1 990 000
Total Assets	106 320 000	105 526 000	105 025 000	106 355 000
Total Equity	11 930 000	9 674 000	7 698 000	6 683 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	93 250 000	95 177 000	96 430 000	97 154 000
Creditors	227 000	43 000	294 000	12 000
Unpaid Taxes	5 000	0	4 000	0
Dividends	0	0	0	0
Other Current Debt	323 000	115 000	193 000	2 507 000
Total Current Debt	1 140 000	675 000	897 000	2 519 000
Total Equity and Debt	106 320 000	105 526 000	105 025 000	106 355 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,9 %	20,43 %	13,2 %	28,09 %
Debt-to-Equity Ratio	7,82	9,84	12,53	14,54
Operating Profit Margin	62,39 %	59,9 %	50,78 %	78,17 %
Current Ratio	1,7	1,6	0,65	0,79
Quick Ratio	1,7	1,6	0,65	0,79
Equity Ratio	0,11	0,09	0,07	0,06
Gross Profit Margin	100 %	100 %	100 %	100 %