LUGGEN 1 AS

8480 ANDENES

Finances

Share Ownership

Return on Equity

35,42 %

Current Ratio

2,9

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 128 000	2 296 000	1 603 000	1 772 000
Net Income	283 000	301 000	119 000	88 000
Total Assets	1 194 000	1 040 000	645 000	528 000
Total Equity	799 000	516 000	214 000	96 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 128 000	2 296 000	1 603 000	1 772 000
Expenditure	1 785 000	1 919 000	1 440 000	1 671 000
Operating Profit	343 000	377 000	163 000	101 000
Financial Income	0	0	0	0
Financial Costs	4 000	7 000	18 000	13 000
Financial Balance	−4 000	−7 000	−18 000	−13 000
Earnings Before Tax	339 000	370 000	145 000	88 000
Tax	56 000	68 000	26 000	0
Net Income	283 000	301 000	119 000	88 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	53 000	95 000	60 000	65 000
Total Current Assets	1 141 000	945 000	585 000	463 000
Total Assets	1 194 000	1 040 000	645 000	528 000
Total Retained Equity	769 000	486 000	184 000	66 000
Total Equity	799 000	516 000	214 000	96 000
Total Long-Term Debt	0	95 000	163 000	212 000
Total Current Debt	394 000	429 000	268 000	221 000
Total Equity and Debt	1 194 000	1 040 000	645 000	528 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 119 000	2 248 000	1 593 000	1 772 000
Other Income	9 000	48 000	10 000	0
Revenue	2 128 000	2 296 000	1 603 000	1 772 000
Cost of Goods Sold	225 000	279 000	309 000	266 000
Salary Costs	1 138 000	1 173 000	754 000	976 000
Depreciation	42 000	40 000	31 000	31 000
Impairment	0	0	0	0
Expenditure	1 785 000	1 919 000	1 440 000	1 671 000
Operating Profit	343 000	377 000	163 000	101 000
Financial Income	0	0	0	0
Financial Costs	4 000	7 000	18 000	13 000
Financial Balance	−4 000	−7 000	−18 000	−13 000
Dividends	0	0	0	0
Net Income	283 000	301 000	119 000	88 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	53 000	95 000	60 000	65 000
Total Tangible Assets	53 000	95 000	60 000	65 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	53 000	95 000	60 000	65 000
Stock	133 000	129 000	187 000	251 000
Total Investments	0	0	0	0
Cash, Bank	997 000	798 000	383 000	160 000
Total Current Assets	1 141 000	945 000	585 000	463 000
Total Assets	1 194 000	1 040 000	645 000	528 000
Total Equity	799 000	516 000	214 000	96 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	95 000	163 000	212 000
Creditors	43 000	15 000	0	32 000
Unpaid Taxes	167 000	194 000	112 000	95 000
Dividends	0	0	0	0
Other Current Debt	129 000	151 000	130 000	94 000
Total Current Debt	394 000	429 000	268 000	221 000
Total Equity and Debt	1 194 000	1 040 000	645 000	528 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,42 %	58,33 %	55,61 %	91,67 %
Debt-to-Equity Ratio	0	0,18	0,76	2,21
Operating Profit Margin	16,12 %	16,42 %	10,17 %	5,7 %
Current Ratio	2,9	2,2	2,18	2,1
Quick Ratio	4,37	3,15	7,22	−15,43
Equity Ratio	0,67	0,5	0,33	0,18
Gross Profit Margin	89,43 %	87,85 %	80,72 %	84,99 %