LØVÅS BIL AS

3619 SKOLLENBORG

Finances

Share Ownership

Return on Equity

0,27 %

Current Ratio

2,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	31 425 000	31 655 000	26 426 000	24 785 000
Net Income	6 000	242 000	134 000	168 000
Total Assets	3 757 000	3 130 000	3 972 000	3 522 000
Total Equity	2 262 000	2 256 000	2 015 000	1 880 000

Income (NOK)	2022	2021	2020	2019
Revenue	31 425 000	31 655 000	26 426 000	24 785 000
Expenditure	31 326 000	31 269 000	26 196 000	24 503 000
Operating Profit	100 000	385 000	230 000	282 000
Financial Income	0	0	0	0
Financial Costs	92 000	76 000	58 000	68 000
Financial Balance	−92 000	−76 000	−58 000	−68 000
Earnings Before Tax	8 000	310 000	172 000	215 000
Tax	2 000	68 000	38 000	47 000
Net Income	6 000	242 000	134 000	168 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	285 000	88 000	125 000	124 000
Total Current Assets	3 472 000	3 042 000	3 846 000	3 399 000
Total Assets	3 757 000	3 130 000	3 972 000	3 522 000
Total Retained Equity	1 262 000	1 256 000	1 015 000	880 000
Total Equity	2 262 000	2 256 000	2 015 000	1 880 000
Total Long-Term Debt	0	0	4 000	2 000
Total Current Debt	1 495 000	874 000	1 953 000	1 640 000
Total Equity and Debt	3 757 000	3 130 000	3 972 000	3 522 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 374 000	31 641 000	26 399 000	24 785 000
Other Income	51 000	14 000	28 000	0
Revenue	31 425 000	31 655 000	26 426 000	24 785 000
Cost of Goods Sold	28 718 000	28 801 000	23 855 000	21 974 000
Salary Costs	1 565 000	1 549 000	1 513 000	1 782 000
Depreciation	48 000	68 000	48 000	34 000
Impairment	0	0	0	0
Expenditure	31 326 000	31 269 000	26 196 000	24 503 000
Operating Profit	100 000	385 000	230 000	282 000
Financial Income	0	0	0	0
Financial Costs	92 000	76 000	58 000	68 000
Financial Balance	−92 000	−76 000	−58 000	−68 000
Dividends	0	0	0	0
Net Income	6 000	242 000	134 000	168 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	1 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	285 000	87 000	125 000	124 000
Total Tangible Assets	285 000	87 000	125 000	124 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	285 000	88 000	125 000	124 000
Stock	3 201 000	2 811 000	3 491 000	2 769 000
Total Investments	0	0	0	0
Cash, Bank	50 000	50 000	88 000	158 000
Total Current Assets	3 472 000	3 042 000	3 846 000	3 399 000
Total Assets	3 757 000	3 130 000	3 972 000	3 522 000
Total Equity	2 262 000	2 256 000	2 015 000	1 880 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	4 000	2 000
Creditors	219 000	121 000	549 000	0
Unpaid Taxes	80 000	78 000	130 000	225 000
Dividends	0	0	0	0
Other Current Debt	181 000	197 000	220 000	204 000
Total Current Debt	1 495 000	874 000	1 953 000	1 640 000
Total Equity and Debt	3 757 000	3 130 000	3 972 000	3 522 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,27 %	10,73 %	6,65 %	8,94 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,32 %	1,22 %	0,87 %	1,14 %
Current Ratio	2,32	3,48	1,97	2,07
Quick Ratio	−2,04	−1,57	−2,5	−3,01
Equity Ratio	0,6	0,72	0,51	0,53
Gross Profit Margin	8,61 %	9,02 %	9,73 %	11,34 %