LOSEN VARMEPUMPER AS

7391 RENNEBU

Finances

Share Ownership

Return on Equity

9,63 %

Current Ratio

2,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	516 000	329 000	387 000	341 000
Net Income	29 000	25 000	36 000	−20 000
Total Assets	575 000	505 000	484 000	563 000
Total Equity	301 000	272 000	247 000	211 000

Income (NOK)	2022	2021	2020	2019
Revenue	516 000	329 000	387 000	341 000
Expenditure	478 000	297 000	341 000	365 000
Operating Profit	38 000	32 000	46 000	−24 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	2 000
Financial Balance	0	0	0	−2 000
Earnings Before Tax	38 000	32 000	46 000	−26 000
Tax	8 000	7 000	10 000	−6 000
Net Income	29 000	25 000	36 000	−20 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	3 000	26 000
Total Current Assets	575 000	505 000	481 000	537 000
Total Assets	575 000	505 000	484 000	563 000
Total Retained Equity	271 000	242 000	217 000	181 000
Total Equity	301 000	272 000	247 000	211 000
Total Long-Term Debt	0	3 000	0	0
Total Current Debt	275 000	230 000	237 000	352 000
Total Equity and Debt	575 000	505 000	484 000	563 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	516 000	329 000	303 000	341 000
Other Income	0	0	84 000	0
Revenue	516 000	329 000	387 000	341 000
Cost of Goods Sold	260 000	215 000	295 000	243 000
Salary Costs	122 000	0	0	0
Depreciation	0	0	3 000	4 000
Impairment	0	0	0	0
Expenditure	478 000	297 000	341 000	365 000
Operating Profit	38 000	32 000	46 000	−24 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	2 000
Financial Balance	0	0	0	−2 000
Dividends	0	0	0	0
Net Income	29 000	25 000	36 000	−20 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	3 000	13 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	13 000
Total Tangible Assets	0	0	0	13 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	3 000	26 000
Stock	12 000	16 000	21 000	23 000
Total Investments	0	0	0	0
Cash, Bank	243 000	159 000	91 000	69 000
Total Current Assets	575 000	505 000	481 000	537 000
Total Assets	575 000	505 000	484 000	563 000
Total Equity	301 000	272 000	247 000	211 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	3 000	0	0
Creditors	11 000	21 000	0	0
Unpaid Taxes	35 000	0	0	18 000
Dividends	0	0	0	0
Other Current Debt	217 000	208 000	237 000	334 000
Total Current Debt	275 000	230 000	237 000	352 000
Total Equity and Debt	575 000	505 000	484 000	563 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,63 %	9,19 %	14,57 %	−9,48 %
Debt-to-Equity Ratio	0	0,01	0	0
Operating Profit Margin	7,36 %	9,73 %	11,89 %	−7,04 %
Current Ratio	2,09	2,2	2,03	1,53
Quick Ratio	2,19	2,36	2,23	1,63
Equity Ratio	0,52	0,54	0,51	0,37
Gross Profit Margin	49,61 %	34,65 %	23,77 %	28,74 %