LØKENÅSEN EIENDOMSUTVIKLING AS

2150 ÅRNES

Finances

Share Ownership

Return on Equity

508,01 %

Current Ratio

0,01

Debt-to-Equity Ratio

4,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 744 000	41 594 000	119 967 000	240 249 000
Net Income	10 211 000	1 626 000	22 115 000	69 386 000
Total Assets	23 870 000	13 382 000	61 838 000	141 147 000
Total Equity	2 010 000	3 752 000	24 125 000	2 010 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 744 000	41 594 000	119 967 000	240 249 000
Expenditure	601 000	37 750 000	91 446 000	150 778 000
Operating Profit	12 143 000	3 844 000	28 521 000	89 471 000
Financial Income	1 251 000	8 000	5 000	197 000
Financial Costs	302 000	1 768 000	135 000	695 000
Financial Balance	949 000	−1 760 000	−130 000	−498 000
Earnings Before Tax	13 092 000	2 085 000	28 391 000	88 973 000
Tax	2 880 000	459 000	6 276 000	19 587 000
Net Income	10 211 000	1 626 000	22 115 000	69 386 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 696 000	12 347 000	0	0
Total Current Assets	174 000	1 035 000	61 838 000	141 147 000
Total Assets	23 870 000	13 382 000	61 838 000	141 147 000
Total Retained Equity	0	1 742 000	22 115 000	0
Total Equity	2 010 000	3 752 000	24 125 000	2 010 000
Total Long-Term Debt	9 163 000	7 334 000	11 298 000	48 168 000
Total Current Debt	12 697 000	2 297 000	26 415 000	90 968 000
Total Equity and Debt	23 870 000	13 382 000	61 838 000	141 147 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	40 001 000	118 364 000	240 249 000
Other Income	12 744 000	1 593 000	1 603 000	0
Revenue	12 744 000	41 594 000	119 967 000	240 249 000
Cost of Goods Sold	325 000	32 159 000	88 383 000	148 822 000
Salary Costs	0	0	0	0
Depreciation	46 000	0	0	0
Impairment	0	0	0	0
Expenditure	601 000	37 750 000	91 446 000	150 778 000
Operating Profit	12 143 000	3 844 000	28 521 000	89 471 000
Financial Income	1 251 000	8 000	5 000	197 000
Financial Costs	302 000	1 768 000	135 000	695 000
Financial Balance	949 000	−1 760 000	−130 000	−498 000
Dividends	11 953 000	22 000 000	0	71 102 000
Net Income	10 211 000	1 626 000	22 115 000	69 386 000

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	198 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	198 000	0	0	0
Total Fiancial Fixed Assets	23 498 000	12 347 000	0	0
Total Fixed Assets	23 696 000	12 347 000	0	0
Stock	0	0	28 976 000	110 616 000
Total Investments	0	0	0	0
Cash, Bank	174 000	960 000	8 056 000	15 000
Total Current Assets	174 000	1 035 000	61 838 000	141 147 000
Total Assets	23 870 000	13 382 000	61 838 000	141 147 000
Total Equity	2 010 000	3 752 000	24 125 000	2 010 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 163 000	7 334 000	11 298 000	48 168 000
Creditors	40 000	425 000	815 000	1 463 000
Unpaid Taxes	0	0	0	0
Dividends	11 953 000	22 000 000	0	71 102 000
Other Current Debt	278 000	1 414 000	12 724 000	13 000
Total Current Debt	12 697 000	2 297 000	26 415 000	90 968 000
Total Equity and Debt	23 870 000	13 382 000	61 838 000	141 147 000

Financial indicators	2022	2021	2020	2019
Return on Equity	508,01 %	43,34 %	91,67 %	3 452,04 %
Debt-to-Equity Ratio	4,56	1,95	0,47	23,96
Operating Profit Margin	95,28 %	9,24 %	23,77 %	37,24 %
Current Ratio	0,01	0,45	2,34	1,55
Quick Ratio	0,01	0,45	−24,15	−7,18
Equity Ratio	0,08	0,28	0,39	0,01
Gross Profit Margin	97,45 %	22,68 %	26,33 %	38,06 %