LØVAAS BYGG & EIENDOM AS

1911 FLATEBY

Finances

Share Ownership

Return on Equity

−212,77 %

Current Ratio

3,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	51 000	2 864 000	4 952 000	3 889 000
Net Income	−583 000	182 000	551 000	182 000
Total Assets	348 000	1 124 000	1 232 000	783 000
Total Equity	274 000	857 000	675 000	124 000

Income (NOK)	2022	2021	2020	2019
Revenue	51 000	2 864 000	4 952 000	3 889 000
Expenditure	634 000	2 631 000	4 245 000	3 731 000
Operating Profit	−583 000	233 000	707 000	157 000
Financial Income	0	1 000	1 000	0
Financial Costs	0	1 000	1 000	0
Financial Balance	0	0	0	0
Earnings Before Tax	−583 000	234 000	706 000	157 000
Tax	0	51 000	155 000	−25 000
Net Income	−583 000	182 000	551 000	182 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	101 000	555 000	108 000	113 000
Total Current Assets	247 000	569 000	1 124 000	671 000
Total Assets	348 000	1 124 000	1 232 000	783 000
Total Retained Equity	244 000	827 000	645 000	94 000
Total Equity	274 000	857 000	675 000	124 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	74 000	267 000	557 000	659 000
Total Equity and Debt	348 000	1 124 000	1 232 000	783 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	51 000	2 864 000	4 952 000	3 889 000
Other Income	0	0	0	0
Revenue	51 000	2 864 000	4 952 000	3 889 000
Cost of Goods Sold	59 000	1 667 000	3 326 000	2 519 000
Salary Costs	531 000	842 000	725 000	1 128 000
Depreciation	3 000	4 000	5 000	6 000
Impairment	0	0	0	0
Expenditure	634 000	2 631 000	4 245 000	3 731 000
Operating Profit	−583 000	233 000	707 000	157 000
Financial Income	0	1 000	1 000	0
Financial Costs	0	1 000	1 000	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−583 000	182 000	551 000	182 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	89 000	89 000	89 000	89 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	12 000	15 000	19 000	24 000
Total Tangible Assets	12 000	15 000	19 000	24 000
Total Fiancial Fixed Assets	0	451 000	0	0
Total Fixed Assets	101 000	555 000	108 000	113 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	247 000	560 000	1 031 000	388 000
Total Current Assets	247 000	569 000	1 124 000	671 000
Total Assets	348 000	1 124 000	1 232 000	783 000
Total Equity	274 000	857 000	675 000	124 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	9 000	6 000	261 000	136 000
Unpaid Taxes	10 000	127 000	27 000	99 000
Dividends	0	0	0	0
Other Current Debt	55 000	83 000	114 000	400 000
Total Current Debt	74 000	267 000	557 000	659 000
Total Equity and Debt	348 000	1 124 000	1 232 000	783 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−212,77 %	21,24 %	81,63 %	146,77 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1 143,14 %	8,14 %	14,28 %	4,04 %
Current Ratio	3,34	2,13	2,02	1,02
Quick Ratio	3,34	2,13	2,02	1,02
Equity Ratio	0,79	0,76	0,55	0,16
Gross Profit Margin	−15,69 %	41,79 %	32,84 %	35,23 %