HELGE LØVDAL AS

4635 KRISTIANSAND S

Finances

Return on Equity

0,63 %

Current Ratio

7,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	120 000	120 000	23 000	400 000
Net Income	81 000	1 359 000	6 754 000	406 000
Total Assets	13 892 000	14 004 000	12 644 000	6 434 000
Total Equity	12 873 000	13 718 000	12 359 000	5 605 000

Income (NOK)	2022	2021	2020	2019
Revenue	120 000	120 000	23 000	400 000
Expenditure	117 000	123 000	118 000	57 000
Operating Profit	3 000	−3 000	−95 000	343 000
Financial Income	100 000	1 387 000	6 885 000	73 000
Financial Costs	0	1 000	1 000	0
Financial Balance	100 000	1 386 000	6 884 000	73 000
Earnings Before Tax	103 000	1 384 000	6 789 000	415 000
Tax	23 000	24 000	36 000	9 000
Net Income	81 000	1 359 000	6 754 000	406 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 458 000	6 228 000	6 209 000	1 905 000
Total Current Assets	7 434 000	7 776 000	6 435 000	4 530 000
Total Assets	13 892 000	14 004 000	12 644 000	6 434 000
Total Retained Equity	12 481 000	13 326 000	11 967 000	5 213 000
Total Equity	12 873 000	13 718 000	12 359 000	5 605 000
Total Long-Term Debt	19 000	21 000	22 000	10 000
Total Current Debt	1 000 000	265 000	262 000	819 000
Total Equity and Debt	13 892 000	14 004 000	12 644 000	6 434 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	120 000	23 000	0
Other Income	120 000	0	0	400 000
Revenue	120 000	120 000	23 000	400 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	80 000	80 000	13 000	0
Impairment	0	0	0	0
Expenditure	117 000	123 000	118 000	57 000
Operating Profit	3 000	−3 000	−95 000	343 000
Financial Income	100 000	1 387 000	6 885 000	73 000
Financial Costs	0	1 000	1 000	0
Financial Balance	100 000	1 386 000	6 884 000	73 000
Dividends	926 000	0	0	0
Net Income	81 000	1 359 000	6 754 000	406 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 906 000	3 986 000	3 997 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 906 000	3 986 000	3 997 000	0
Total Fiancial Fixed Assets	2 552 000	2 242 000	2 211 000	1 905 000
Total Fixed Assets	6 458 000	6 228 000	6 209 000	1 905 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 424 000	7 776 000	6 428 000	4 522 000
Total Current Assets	7 434 000	7 776 000	6 435 000	4 530 000
Total Assets	13 892 000	14 004 000	12 644 000	6 434 000
Total Equity	12 873 000	13 718 000	12 359 000	5 605 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 000	21 000	22 000	10 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	926 000	0	0	0
Other Current Debt	49 000	239 000	239 000	808 000
Total Current Debt	1 000 000	265 000	262 000	819 000
Total Equity and Debt	13 892 000	14 004 000	12 644 000	6 434 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,63 %	9,91 %	54,65 %	7,24 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,5 %	−2,5 %	−413,04 %	85,75 %
Current Ratio	7,43	29,34	24,56	5,53
Quick Ratio	7,43	29,34	24,56	5,53
Equity Ratio	0,93	0,98	0,98	0,87
Gross Profit Margin	100 %	100 %	100 %	100 %