LOENG HOLDING AS

7020 TRONDHEIM

Finances

Return on Equity

3,08 %

Current Ratio

1,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	512 000	393 000	340 000	353 000
Net Income	12 000	61 000	56 000	1 602 000
Total Assets	453 000	455 000	427 000	505 000
Total Equity	390 000	408 000	397 000	441 000

Income (NOK)	2022	2021	2020	2019
Revenue	512 000	393 000	340 000	353 000
Expenditure	509 000	333 000	290 000	457 000
Operating Profit	3 000	60 000	49 000	−104 000
Financial Income	13 000	19 000	22 000	1 683 000
Financial Costs	0	0	0	0
Financial Balance	13 000	19 000	22 000	1 683 000
Earnings Before Tax	16 000	78 000	72 000	1 579 000
Tax	4 000	17 000	16 000	−23 000
Net Income	12 000	61 000	56 000	1 602 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	350 000	350 000	358 000	373 000
Total Current Assets	103 000	104 000	69 000	132 000
Total Assets	453 000	455 000	427 000	505 000
Total Retained Equity	359 000	377 000	366 000	410 000
Total Equity	390 000	408 000	397 000	441 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	63 000	47 000	30 000	64 000
Total Equity and Debt	453 000	455 000	427 000	505 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	512 000	393 000	340 000	353 000
Other Income	0	0	0	0
Revenue	512 000	393 000	340 000	353 000
Cost of Goods Sold	386 000	268 000	245 000	58 000
Salary Costs	1 000	1 000	−1 000	320 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	509 000	333 000	290 000	457 000
Operating Profit	3 000	60 000	49 000	−104 000
Financial Income	13 000	19 000	22 000	1 683 000
Financial Costs	0	0	0	0
Financial Balance	13 000	19 000	22 000	1 683 000
Dividends	30 000	50 000	100 000	1 600 000
Net Income	12 000	61 000	56 000	1 602 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	7 000	23 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	350 000	350 000	350 000	350 000
Total Fixed Assets	350 000	350 000	358 000	373 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	40 000	53 000	27 000	85 000
Total Current Assets	103 000	104 000	69 000	132 000
Total Assets	453 000	455 000	427 000	505 000
Total Equity	390 000	408 000	397 000	441 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	4 000	4 000	5 000
Unpaid Taxes	6 000	6 000	0	16 000
Dividends	30 000	50 000	100 000	1 600 000
Other Current Debt	53 000	26 000	25 000	42 000
Total Current Debt	63 000	47 000	30 000	64 000
Total Equity and Debt	453 000	455 000	427 000	505 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,08 %	14,95 %	14,11 %	363,27 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,59 %	15,27 %	14,41 %	−29,46 %
Current Ratio	1,63	2,21	2,3	2,06
Quick Ratio	1,63	2,21	2,3	2,06
Equity Ratio	0,86	0,9	0,93	0,87
Gross Profit Margin	24,61 %	31,81 %	27,94 %	83,57 %