LOFTÅS MASKIN AS

5282 LONEVÅG

Finances

Share Ownership

Return on Equity

21,36 %

Current Ratio

2,56

Debt-to-Equity Ratio

0,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 469 000	5 441 000	4 677 000	6 857 000
Net Income	633 000	92 000	−556 000	666 000
Total Assets	5 638 000	6 022 000	6 457 000	6 909 000
Total Equity	2 964 000	2 331 000	2 239 000	2 795 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 469 000	5 441 000	4 677 000	6 857 000
Expenditure	4 545 000	5 201 000	5 264 000	5 872 000
Operating Profit	923 000	241 000	−587 000	985 000
Financial Income	3 000	2 000	4 000	0
Financial Costs	115 000	125 000	129 000	131 000
Financial Balance	−112 000	−123 000	−125 000	−131 000
Earnings Before Tax	811 000	117 000	−713 000	854 000
Tax	178 000	26 000	−157 000	188 000
Net Income	633 000	92 000	−556 000	666 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 120 000	4 433 000	5 008 000	4 918 000
Total Current Assets	2 518 000	1 589 000	1 449 000	1 990 000
Total Assets	5 638 000	6 022 000	6 457 000	6 909 000
Total Retained Equity	2 864 000	2 231 000	2 139 000	2 695 000
Total Equity	2 964 000	2 331 000	2 239 000	2 795 000
Total Long-Term Debt	1 693 000	2 777 000	3 246 000	3 190 000
Total Current Debt	982 000	915 000	972 000	924 000
Total Equity and Debt	5 638 000	6 022 000	6 457 000	6 909 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 928 000	5 441 000	4 677 000	6 757 000
Other Income	541 000	0	0	100 000
Revenue	5 469 000	5 441 000	4 677 000	6 857 000
Cost of Goods Sold	479 000	638 000	657 000	1 567 000
Salary Costs	1 937 000	2 100 000	2 316 000	2 397 000
Depreciation	714 000	800 000	760 000	693 000
Impairment	0	0	0	0
Expenditure	4 545 000	5 201 000	5 264 000	5 872 000
Operating Profit	923 000	241 000	−587 000	985 000
Financial Income	3 000	2 000	4 000	0
Financial Costs	115 000	125 000	129 000	131 000
Financial Balance	−112 000	−123 000	−125 000	−131 000
Dividends	0	0	0	100 000
Net Income	633 000	92 000	−556 000	666 000

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	2 916 000	4 120 000	4 588 000	4 391 000
Fixtures	204 000	313 000	420 000	527 000
Total Tangible Assets	3 120 000	4 433 000	5 008 000	4 918 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 120 000	4 433 000	5 008 000	4 918 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 145 000	892 000	882 000	1 056 000
Total Current Assets	2 518 000	1 589 000	1 449 000	1 990 000
Total Assets	5 638 000	6 022 000	6 457 000	6 909 000
Total Equity	2 964 000	2 331 000	2 239 000	2 795 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 693 000	2 777 000	3 246 000	3 190 000
Creditors	340 000	285 000	213 000	375 000
Unpaid Taxes	301 000	417 000	494 000	270 000
Dividends	0	0	0	100 000
Other Current Debt	224 000	212 000	266 000	249 000
Total Current Debt	982 000	915 000	972 000	924 000
Total Equity and Debt	5 638 000	6 022 000	6 457 000	6 909 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,36 %	3,95 %	−24,83 %	23,83 %
Debt-to-Equity Ratio	0,57	1,19	1,45	1,14
Operating Profit Margin	16,88 %	4,43 %	−12,55 %	14,36 %
Current Ratio	2,56	1,74	1,49	2,15
Quick Ratio	2,56	1,74	1,49	2,15
Equity Ratio	0,53	0,39	0,35	0,4
Gross Profit Margin	91,24 %	88,27 %	85,95 %	77,15 %