KNUT S LØFTEN MASKIN AS

4262 AVALDSNES

Finances

Share Ownership

Return on Equity

23,24 %

Current Ratio

1,85

Debt-to-Equity Ratio

0,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 768 000	12 268 000	12 841 000	12 686 000
Net Income	1 293 000	618 000	317 000	1 211 000
Total Assets	10 748 000	9 451 000	9 554 000	9 800 000
Total Equity	5 564 000	4 771 000	4 553 000	4 636 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 768 000	12 268 000	12 841 000	12 686 000
Expenditure	14 968 000	11 374 000	12 292 000	10 965 000
Operating Profit	1 801 000	895 000	549 000	1 721 000
Financial Income	0	0	1 000	1 000
Financial Costs	120 000	96 000	137 000	154 000
Financial Balance	−120 000	−96 000	−136 000	−153 000
Earnings Before Tax	1 681 000	799 000	412 000	1 567 000
Tax	388 000	180 000	95 000	357 000
Net Income	1 293 000	618 000	317 000	1 211 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 427 000	6 135 000	5 734 000	5 636 000
Total Current Assets	4 321 000	3 316 000	3 820 000	4 164 000
Total Assets	10 748 000	9 451 000	9 554 000	9 800 000
Total Retained Equity	5 164 000	4 371 000	4 153 000	4 236 000
Total Equity	5 564 000	4 771 000	4 553 000	4 636 000
Total Long-Term Debt	2 847 000	2 992 000	3 033 000	3 263 000
Total Current Debt	2 337 000	1 688 000	1 967 000	1 901 000
Total Equity and Debt	10 748 000	9 451 000	9 554 000	9 800 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 538 000	10 601 000	12 841 000	12 517 000
Other Income	230 000	1 668 000	0	169 000
Revenue	16 768 000	12 268 000	12 841 000	12 686 000
Cost of Goods Sold	3 159 000	776 000	1 496 000	1 171 000
Salary Costs	4 947 000	4 284 000	4 521 000	3 956 000
Depreciation	205 000	188 000	232 000	274 000
Impairment	0	0	0	0
Expenditure	14 968 000	11 374 000	12 292 000	10 965 000
Operating Profit	1 801 000	895 000	549 000	1 721 000
Financial Income	0	0	1 000	1 000
Financial Costs	120 000	96 000	137 000	154 000
Financial Balance	−120 000	−96 000	−136 000	−153 000
Dividends	500 000	400 000	400 000	0
Net Income	1 293 000	618 000	317 000	1 211 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 693 000	4 648 000	4 648 000	4 648 000
Machinery and Plant Facilities	874 000	519 000	632 000	448 000
Fixtures	860 000	967 000	454 000	540 000
Total Tangible Assets	6 427 000	6 135 000	5 734 000	5 636 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 427 000	6 135 000	5 734 000	5 636 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 655 000	1 195 000	1 163 000	2 456 000
Total Current Assets	4 321 000	3 316 000	3 820 000	4 164 000
Total Assets	10 748 000	9 451 000	9 554 000	9 800 000
Total Equity	5 564 000	4 771 000	4 553 000	4 636 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 847 000	2 992 000	3 033 000	3 263 000
Creditors	256 000	199 000	226 000	372 000
Unpaid Taxes	500 000	646 000	699 000	507 000
Dividends	500 000	400 000	400 000	0
Other Current Debt	769 000	443 000	540 000	677 000
Total Current Debt	2 337 000	1 688 000	1 967 000	1 901 000
Total Equity and Debt	10 748 000	9 451 000	9 554 000	9 800 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,24 %	12,95 %	6,96 %	26,12 %
Debt-to-Equity Ratio	0,51	0,63	0,67	0,7
Operating Profit Margin	10,74 %	7,3 %	4,28 %	13,57 %
Current Ratio	1,85	1,96	1,94	2,19
Quick Ratio	1,85	1,96	1,94	2,19
Equity Ratio	0,52	0,5	0,48	0,47
Gross Profit Margin	81,16 %	93,67 %	88,35 %	90,77 %