LOFTESNES FLUGHEIM GARDSDRIFT AS

6856 SOGNDAL

Finances

Share Ownership

Return on Equity

19,67 %

Current Ratio

10,25

Debt-to-Equity Ratio

0,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 000	24 000	21 000	32 000
Net Income	12 000	11 000	10 000	14 000
Total Assets	91 000	72 000	64 000	58 000
Total Equity	61 000	50 000	38 000	29 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 000	24 000	21 000	32 000
Expenditure	13 000	13 000	11 000	19 000
Operating Profit	13 000	11 000	9 000	13 000
Financial Income	1 000	1 000	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	0	0
Earnings Before Tax	14 000	11 000	10 000	14 000
Tax	2 000	0	0	0
Net Income	12 000	11 000	10 000	14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 000	12 000	15 000	19 000
Total Current Assets	82 000	60 000	49 000	39 000
Total Assets	91 000	72 000	64 000	58 000
Total Retained Equity	38 000	27 000	15 000	5 000
Total Equity	61 000	50 000	38 000	29 000
Total Long-Term Debt	22 000	22 000	22 000	25 000
Total Current Debt	8 000	0	4 000	5 000
Total Equity and Debt	91 000	72 000	64 000	58 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 000	24 000	21 000	32 000
Other Income	0	0	0	0
Revenue	26 000	24 000	21 000	32 000
Cost of Goods Sold	0	0	0	0
Salary Costs	4 000	0	3 000	0
Depreciation	2 000	3 000	4 000	5 000
Impairment	0	0	0	0
Expenditure	13 000	13 000	11 000	19 000
Operating Profit	13 000	11 000	9 000	13 000
Financial Income	1 000	1 000	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	0	0
Dividends	0	0	0	0
Net Income	12 000	11 000	10 000	14 000

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	10 000	12 000	15 000	19 000
Fixtures	0	0	0	0
Total Tangible Assets	10 000	12 000	15 000	19 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 000	12 000	15 000	19 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	50 000	56 000	45 000	36 000
Total Current Assets	82 000	60 000	49 000	39 000
Total Assets	91 000	72 000	64 000	58 000
Total Equity	61 000	50 000	38 000	29 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	22 000	22 000	22 000	25 000
Creditors	5 000	0	4 000	0
Unpaid Taxes	1 000	0	−1 000	5 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	8 000	0	4 000	5 000
Total Equity and Debt	91 000	72 000	64 000	58 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,67 %	22 %	26,32 %	48,28 %
Debt-to-Equity Ratio	0,36	0,44	0,58	0,86
Operating Profit Margin	50 %	45,83 %	42,86 %	40,63 %
Current Ratio	10,25	-	12,25	7,8
Quick Ratio	10,25	-	12,25	7,8
Equity Ratio	0,67	0,69	0,59	0,5
Gross Profit Margin	100 %	100 %	100 %	100 %