JOHAN CHRISTIAN LOENNECHEN AS

6509 KRISTIANSUND N

Finances

Share Ownership

Return on Equity

11,05 %

Current Ratio

1,1

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	53 417 000	53 952 000	35 724 000	41 770 000
Net Income	3 300 000	4 046 000	2 221 000	3 205 000
Total Assets	45 308 000	53 696 000	43 314 000	44 097 000
Total Equity	29 871 000	27 170 000	23 125 000	21 504 000

Income (NOK)	2022	2021	2020	2019
Revenue	53 417 000	53 952 000	35 724 000	41 770 000
Expenditure	49 215 000	48 672 000	32 717 000	37 294 000
Operating Profit	4 202 000	5 280 000	3 006 000	4 476 000
Financial Income	120 000	27 000	51 000	4 000
Financial Costs	88 000	113 000	205 000	364 000
Financial Balance	32 000	−86 000	−154 000	−360 000
Earnings Before Tax	4 233 000	5 194 000	2 852 000	4 115 000
Tax	933 000	1 149 000	631 000	910 000
Net Income	3 300 000	4 046 000	2 221 000	3 205 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 301 000	30 887 000	31 461 000	32 748 000
Total Current Assets	16 007 000	22 809 000	11 853 000	11 349 000
Total Assets	45 308 000	53 696 000	43 314 000	44 097 000
Total Retained Equity	23 199 000	19 899 000	15 854 000	14 233 000
Total Equity	29 871 000	27 170 000	23 125 000	21 504 000
Total Long-Term Debt	858 000	5 626 000	7 669 000	11 362 000
Total Current Debt	14 580 000	20 900 000	12 520 000	11 231 000
Total Equity and Debt	45 308 000	53 696 000	43 314 000	44 097 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	44 984 000	46 297 000	28 385 000	34 454 000
Other Income	8 433 000	7 655 000	7 339 000	7 316 000
Revenue	53 417 000	53 952 000	35 724 000	41 770 000
Cost of Goods Sold	42 000 000	42 311 000	26 346 000	31 615 000
Salary Costs	3 264 000	3 181 000	3 154 000	3 018 000
Depreciation	1 586 000	1 580 000	1 552 000	1 595 000
Impairment	0	0	0	0
Expenditure	49 215 000	48 672 000	32 717 000	37 294 000
Operating Profit	4 202 000	5 280 000	3 006 000	4 476 000
Financial Income	120 000	27 000	51 000	4 000
Financial Costs	88 000	113 000	205 000	364 000
Financial Balance	32 000	−86 000	−154 000	−360 000
Dividends	0	0	600 000	510 000
Net Income	3 300 000	4 046 000	2 221 000	3 205 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	29 082 000	30 479 000	30 863 000	31 960 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	218 000	408 000	598 000	788 000
Total Tangible Assets	29 301 000	30 887 000	31 461 000	32 748 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	29 301 000	30 887 000	31 461 000	32 748 000
Stock	962 000	383 000	2 462 000	368 000
Total Investments	0	0	0	0
Cash, Bank	4 987 000	3 094 000	1 434 000	1 236 000
Total Current Assets	16 007 000	22 809 000	11 853 000	11 349 000
Total Assets	45 308 000	53 696 000	43 314 000	44 097 000
Total Equity	29 871 000	27 170 000	23 125 000	21 504 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	858 000	5 626 000	7 669 000	11 362 000
Creditors	9 867 000	14 252 000	7 382 000	6 313 000
Unpaid Taxes	3 390 000	5 178 000	2 532 000	3 072 000
Dividends	0	0	600 000	510 000
Other Current Debt	269 000	285 000	1 289 000	325 000
Total Current Debt	14 580 000	20 900 000	12 520 000	11 231 000
Total Equity and Debt	45 308 000	53 696 000	43 314 000	44 097 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,05 %	14,89 %	9,6 %	14,9 %
Debt-to-Equity Ratio	0,03	0,21	0,33	0,53
Operating Profit Margin	7,87 %	9,79 %	8,41 %	10,72 %
Current Ratio	1,1	1,09	0,95	1,01
Quick Ratio	1,18	1,11	1,18	1,04
Equity Ratio	0,66	0,51	0,53	0,49
Gross Profit Margin	21,37 %	21,58 %	26,25 %	24,31 %