LØTEN MALERVERKSTED AS

2340 LØTEN

Finances

Share Ownership

Return on Equity

13,44 %

Current Ratio

2,27

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	49 393 000	43 538 000	44 022 000	43 625 000
Net Income	1 522 000	1 414 000	3 510 000	830 000
Total Assets	21 958 000	18 761 000	18 369 000	14 873 000
Total Equity	11 328 000	9 749 000	8 335 000	5 826 000

Income (NOK)	2022	2021	2020	2019
Revenue	49 393 000	43 538 000	44 022 000	43 625 000
Expenditure	47 460 000	41 888 000	39 548 000	42 575 000
Operating Profit	1 934 000	1 650 000	4 474 000	1 050 000
Financial Income	58 000	141 000	39 000	24 000
Financial Costs	38 000	11 000	13 000	9 000
Financial Balance	20 000	130 000	26 000	15 000
Earnings Before Tax	1 954 000	1 780 000	4 500 000	1 064 000
Tax	432 000	366 000	991 000	234 000
Net Income	1 522 000	1 414 000	3 510 000	830 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 079 000	841 000	1 274 000	777 000
Total Current Assets	19 879 000	17 920 000	17 096 000	14 096 000
Total Assets	21 958 000	18 761 000	18 369 000	14 873 000
Total Retained Equity	11 171 000	9 649 000	8 235 000	5 726 000
Total Equity	11 328 000	9 749 000	8 335 000	5 826 000
Total Long-Term Debt	1 873 000	420 000	420 000	448 000
Total Current Debt	8 757 000	8 591 000	9 614 000	8 598 000
Total Equity and Debt	21 958 000	18 761 000	18 369 000	14 873 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	49 273 000	43 538 000	43 982 000	43 625 000
Other Income	121 000	0	40 000	0
Revenue	49 393 000	43 538 000	44 022 000	43 625 000
Cost of Goods Sold	17 228 000	15 929 000	13 210 000	14 074 000
Salary Costs	24 430 000	21 294 000	22 322 000	23 618 000
Depreciation	874 000	328 000	268 000	208 000
Impairment	0	0	0	0
Expenditure	47 460 000	41 888 000	39 548 000	42 575 000
Operating Profit	1 934 000	1 650 000	4 474 000	1 050 000
Financial Income	58 000	141 000	39 000	24 000
Financial Costs	38 000	11 000	13 000	9 000
Financial Balance	20 000	130 000	26 000	15 000
Dividends	0	0	1 000 000	0
Net Income	1 522 000	1 414 000	3 510 000	830 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	19 000	194 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 989 000	811 000	870 000	567 000
Total Tangible Assets	1 989 000	811 000	870 000	567 000
Total Fiancial Fixed Assets	90 000	10 000	210 000	210 000
Total Fixed Assets	2 079 000	841 000	1 274 000	777 000
Stock	3 313 000	1 808 000	909 000	1 660 000
Total Investments	0	0	0	0
Cash, Bank	4 687 000	6 855 000	8 211 000	2 485 000
Total Current Assets	19 879 000	17 920 000	17 096 000	14 096 000
Total Assets	21 958 000	18 761 000	18 369 000	14 873 000
Total Equity	11 328 000	9 749 000	8 335 000	5 826 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 873 000	420 000	420 000	448 000
Creditors	2 616 000	1 628 000	671 000	1 637 000
Unpaid Taxes	2 010 000	2 951 000	3 000 000	3 211 000
Dividends	0	0	1 000 000	0
Other Current Debt	4 131 000	3 821 000	4 730 000	3 408 000
Total Current Debt	8 757 000	8 591 000	9 614 000	8 598 000
Total Equity and Debt	21 958 000	18 761 000	18 369 000	14 873 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,44 %	14,5 %	42,11 %	14,25 %
Debt-to-Equity Ratio	0,17	0,04	0,05	0,08
Operating Profit Margin	3,92 %	3,79 %	10,16 %	2,41 %
Current Ratio	2,27	2,09	1,78	1,64
Quick Ratio	3,65	2,64	1,96	2,03
Equity Ratio	0,52	0,52	0,45	0,39
Gross Profit Margin	65,12 %	63,41 %	69,99 %	67,74 %