LOTHE & MOTZFELDT AS

3041 DRAMMEN

Finances

Share Ownership

Return on Equity

30,36 %

Current Ratio

1,23

Debt-to-Equity Ratio

0,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	66 280 000	66 666 000	58 950 000	56 724 000
Net Income	1 942 000	4 613 000	3 509 000	1 409 000
Total Assets	28 559 000	26 093 000	21 202 000	15 710 000
Total Equity	6 396 000	6 357 000	6 613 000	6 607 000

Income (NOK)	2022	2021	2020	2019
Revenue	66 280 000	66 666 000	58 950 000	56 724 000
Expenditure	63 924 000	60 622 000	54 421 000	54 877 000
Operating Profit	2 357 000	6 044 000	4 529 000	1 848 000
Financial Income	7 000	7 000	3 000	7 000
Financial Costs	48 000	65 000	35 000	33 000
Financial Balance	−41 000	−58 000	−32 000	−26 000
Earnings Before Tax	2 316 000	5 987 000	4 497 000	1 822 000
Tax	374 000	1 373 000	988 000	413 000
Net Income	1 942 000	4 613 000	3 509 000	1 409 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 296 000	2 428 000	1 260 000	1 629 000
Total Current Assets	23 263 000	23 665 000	19 942 000	14 080 000
Total Assets	28 559 000	26 093 000	21 202 000	15 710 000
Total Retained Equity	3 966 000	3 927 000	4 183 000	4 177 000
Total Equity	6 396 000	6 357 000	6 613 000	6 607 000
Total Long-Term Debt	3 209 000	1 623 000	0	292 000
Total Current Debt	18 954 000	18 112 000	14 588 000	8 811 000
Total Equity and Debt	28 559 000	26 093 000	21 202 000	15 710 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	66 280 000	66 666 000	58 950 000	56 724 000
Other Income	0	0	0	0
Revenue	66 280 000	66 666 000	58 950 000	56 724 000
Cost of Goods Sold	20 466 000	21 735 000	21 476 000	23 248 000
Salary Costs	31 213 000	29 278 000	24 451 000	23 077 000
Depreciation	1 261 000	1 027 000	529 000	437 000
Impairment	0	0	0	0
Expenditure	63 924 000	60 622 000	54 421 000	54 877 000
Operating Profit	2 357 000	6 044 000	4 529 000	1 848 000
Financial Income	7 000	7 000	3 000	7 000
Financial Costs	48 000	65 000	35 000	33 000
Financial Balance	−41 000	−58 000	−32 000	−26 000
Dividends	0	0	0	0
Net Income	1 942 000	4 613 000	3 509 000	1 409 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	252 000	505 000	757 000	1 009 000
Total Intangible Assets	415 000	505 000	757 000	1 009 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	338 000	231 000	245 000
Fixtures	4 881 000	1 585 000	272 000	375 000
Total Tangible Assets	4 881 000	1 923 000	503 000	620 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 296 000	2 428 000	1 260 000	1 629 000
Stock	3 277 000	2 955 000	2 345 000	2 361 000
Total Investments	0	0	0	0
Cash, Bank	1 291 000	1 211 000	6 480 000	4 660 000
Total Current Assets	23 263 000	23 665 000	19 942 000	14 080 000
Total Assets	28 559 000	26 093 000	21 202 000	15 710 000
Total Equity	6 396 000	6 357 000	6 613 000	6 607 000
Short-Term Group Debt	2 472 000	6 242 000	4 491 000	0
Total Long-Term Debt	3 209 000	1 623 000	0	292 000
Creditors	4 063 000	1 901 000	2 163 000	1 412 000
Unpaid Taxes	5 481 000	3 736 000	3 179 000	3 435 000
Dividends	0	0	0	0
Other Current Debt	6 938 000	6 232 000	4 755 000	3 572 000
Total Current Debt	18 954 000	18 112 000	14 588 000	8 811 000
Total Equity and Debt	28 559 000	26 093 000	21 202 000	15 710 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,36 %	72,57 %	53,06 %	21,33 %
Debt-to-Equity Ratio	0,5	0,26	0	0,04
Operating Profit Margin	3,56 %	9,07 %	7,68 %	3,26 %
Current Ratio	1,23	1,31	1,37	1,6
Quick Ratio	1,48	1,56	1,63	2,18
Equity Ratio	0,22	0,24	0,31	0,42
Gross Profit Margin	69,12 %	67,4 %	63,57 %	59,02 %