MALERMESTER LØVSETH AS

7224 MELHUS

Finances

Share Ownership

Return on Equity

57,4 %

Current Ratio

1,24

Debt-to-Equity Ratio

0,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 858 000	8 016 000	8 031 000	6 381 000
Net Income	970 000	813 000	67 000	723 000
Total Assets	6 955 000	5 081 000	2 354 000	2 740 000
Total Equity	1 690 000	1 420 000	1 207 000	1 175 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 858 000	8 016 000	8 031 000	6 381 000
Expenditure	11 519 000	6 928 000	7 922 000	5 457 000
Operating Profit	1 339 000	1 089 000	110 000	924 000
Financial Income	4 000	2 000	3 000	7 000
Financial Costs	95 000	49 000	27 000	4 000
Financial Balance	−91 000	−47 000	−24 000	3 000
Earnings Before Tax	1 248 000	1 042 000	86 000	927 000
Tax	278 000	229 000	19 000	204 000
Net Income	970 000	813 000	67 000	723 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 256 000	2 371 000	586 000	678 000
Total Current Assets	4 699 000	2 709 000	1 768 000	2 061 000
Total Assets	6 955 000	5 081 000	2 354 000	2 740 000
Total Retained Equity	1 665 000	1 395 000	1 182 000	1 150 000
Total Equity	1 690 000	1 420 000	1 207 000	1 175 000
Total Long-Term Debt	1 481 000	1 544 000	0	31 000
Total Current Debt	3 784 000	2 117 000	1 147 000	1 534 000
Total Equity and Debt	6 955 000	5 081 000	2 354 000	2 740 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 854 000	8 016 000	8 031 000	6 381 000
Other Income	4 000	0	0	0
Revenue	12 858 000	8 016 000	8 031 000	6 381 000
Cost of Goods Sold	3 993 000	2 206 000	2 860 000	1 836 000
Salary Costs	5 823 000	3 623 000	3 953 000	2 649 000
Depreciation	239 000	235 000	187 000	126 000
Impairment	0	0	0	0
Expenditure	11 519 000	6 928 000	7 922 000	5 457 000
Operating Profit	1 339 000	1 089 000	110 000	924 000
Financial Income	4 000	2 000	3 000	7 000
Financial Costs	95 000	49 000	27 000	4 000
Financial Balance	−91 000	−47 000	−24 000	3 000
Dividends	700 000	600 000	35 000	200 000
Net Income	970 000	813 000	67 000	723 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	82 000	27 000	0	0
Real Eastate	1 945 000	1 967 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	220 000	363 000	565 000	651 000
Total Tangible Assets	2 165 000	2 330 000	565 000	651 000
Total Fiancial Fixed Assets	9 000	15 000	21 000	27 000
Total Fixed Assets	2 256 000	2 371 000	586 000	678 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 869 000	1 998 000	1 367 000	820 000
Total Current Assets	4 699 000	2 709 000	1 768 000	2 061 000
Total Assets	6 955 000	5 081 000	2 354 000	2 740 000
Total Equity	1 690 000	1 420 000	1 207 000	1 175 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 481 000	1 544 000	0	31 000
Creditors	961 000	371 000	134 000	486 000
Unpaid Taxes	1 156 000	492 000	458 000	336 000
Dividends	700 000	600 000	35 000	200 000
Other Current Debt	633 000	398 000	470 000	316 000
Total Current Debt	3 784 000	2 117 000	1 147 000	1 534 000
Total Equity and Debt	6 955 000	5 081 000	2 354 000	2 740 000

Financial indicators	2022	2021	2020	2019
Return on Equity	57,4 %	57,25 %	5,55 %	61,53 %
Debt-to-Equity Ratio	0,88	1,09	0	0,03
Operating Profit Margin	10,41 %	13,59 %	1,37 %	14,48 %
Current Ratio	1,24	1,28	1,54	1,34
Quick Ratio	1,24	1,28	1,54	1,34
Equity Ratio	0,24	0,28	0,51	0,43
Gross Profit Margin	68,95 %	72,48 %	64,39 %	71,23 %