JOHANNES LØNVIK AS

7629 YTTERØY

Finances

Share Ownership

Return on Equity

71,32 %

Current Ratio

4,76

Debt-to-Equity Ratio

1,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 307 000	1 622 000	1 452 000	2 168 000
Net Income	368 000	−47 000	−318 000	−196 000
Total Assets	1 365 000	1 178 000	1 327 000	1 558 000
Total Equity	516 000	148 000	195 000	512 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 307 000	1 622 000	1 452 000	2 168 000
Expenditure	1 902 000	1 631 000	1 727 000	2 321 000
Operating Profit	404 000	−9 000	−275 000	−152 000
Financial Income	0	0	0	0
Financial Costs	35 000	38 000	43 000	43 000
Financial Balance	−35 000	−38 000	−43 000	−43 000
Earnings Before Tax	368 000	−47 000	−318 000	−196 000
Tax	0	0	0	0
Net Income	368 000	−47 000	−318 000	−196 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	837 000	804 000	890 000	1 147 000
Total Current Assets	528 000	374 000	437 000	411 000
Total Assets	1 365 000	1 178 000	1 327 000	1 558 000
Total Retained Equity	486 000	118 000	165 000	482 000
Total Equity	516 000	148 000	195 000	512 000
Total Long-Term Debt	737 000	837 000	935 000	1 028 000
Total Current Debt	111 000	193 000	198 000	18 000
Total Equity and Debt	1 365 000	1 178 000	1 327 000	1 558 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 212 000	1 582 000	1 452 000	1 793 000
Other Income	95 000	40 000	0	375 000
Revenue	2 307 000	1 622 000	1 452 000	2 168 000
Cost of Goods Sold	402 000	459 000	227 000	513 000
Salary Costs	206 000	146 000	365 000	167 000
Depreciation	368 000	330 000	317 000	278 000
Impairment	0	0	0	0
Expenditure	1 902 000	1 631 000	1 727 000	2 321 000
Operating Profit	404 000	−9 000	−275 000	−152 000
Financial Income	0	0	0	0
Financial Costs	35 000	38 000	43 000	43 000
Financial Balance	−35 000	−38 000	−43 000	−43 000
Dividends	0	0	0	0
Net Income	368 000	−47 000	−318 000	−196 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	732 000	672 000	880 000	1 137 000
Fixtures	95 000	122 000	0	0
Total Tangible Assets	827 000	794 000	880 000	1 137 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	837 000	804 000	890 000	1 147 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	325 000	26 000	51 000	3 000
Total Current Assets	528 000	374 000	437 000	411 000
Total Assets	1 365 000	1 178 000	1 327 000	1 558 000
Total Equity	516 000	148 000	195 000	512 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	737 000	837 000	935 000	1 028 000
Creditors	91 000	0	5 000	0
Unpaid Taxes	0	49 000	98 000	3 000
Dividends	0	0	0	0
Other Current Debt	21 000	13 000	36 000	15 000
Total Current Debt	111 000	193 000	198 000	18 000
Total Equity and Debt	1 365 000	1 178 000	1 327 000	1 558 000

Financial indicators	2022	2021	2020	2019
Return on Equity	71,32 %	−31,76 %	−163,08 %	−38,28 %
Debt-to-Equity Ratio	1,43	5,66	4,79	2,01
Operating Profit Margin	17,51 %	−0,55 %	−18,94 %	−7,01 %
Current Ratio	4,76	1,94	2,21	22,83
Quick Ratio	4,76	1,94	2,21	22,83
Equity Ratio	0,38	0,13	0,15	0,33
Gross Profit Margin	82,57 %	71,7 %	84,37 %	76,34 %