LØVÅSBAKKEN AS

2420 TRYSIL

Finances

Share Ownership

Return on Equity

27,61 %

Current Ratio

0,42

Debt-to-Equity Ratio

2,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 707 000	523 000	516 000	747 000
Net Income	1 115 000	−378 000	156 000	161 000
Total Assets	13 369 000	12 167 000	9 258 000	11 225 000
Total Equity	4 039 000	3 103 000	839 000	231 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 707 000	523 000	516 000	747 000
Expenditure	194 000	142 000	154 000	350 000
Operating Profit	1 513 000	381 000	361 000	397 000
Financial Income	0	0	0	0
Financial Costs	84 000	59 000	216 000	140 000
Financial Balance	−84 000	−59 000	−216 000	−140 000
Earnings Before Tax	1 429 000	322 000	146 000	257 000
Tax	314 000	700 000	−10 000	96 000
Net Income	1 115 000	−378 000	156 000	161 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 200 000	12 000 000	9 141 000	11 226 000
Total Current Assets	169 000	167 000	117 000	−1 000
Total Assets	13 369 000	12 167 000	9 258 000	11 225 000
Total Retained Equity	4 015 000	3 079 000	814 000	206 000
Total Equity	4 039 000	3 103 000	839 000	231 000
Total Long-Term Debt	8 930 000	8 674 000	8 104 000	8 162 000
Total Current Debt	400 000	390 000	315 000	2 833 000
Total Equity and Debt	13 369 000	12 167 000	9 258 000	11 225 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	507 000	523 000	516 000	0
Other Income	1 200 000	0	0	747 000
Revenue	1 707 000	523 000	516 000	747 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	178 000
Impairment	0	0	0	0
Expenditure	194 000	142 000	154 000	350 000
Operating Profit	1 513 000	381 000	361 000	397 000
Financial Income	0	0	0	0
Financial Costs	84 000	59 000	216 000	140 000
Financial Balance	−84 000	−59 000	−216 000	−140 000
Dividends	0	0	0	0
Net Income	1 115 000	−378 000	156 000	161 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	13 200 000	12 000 000	9 141 000	11 226 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	13 200 000	12 000 000	9 141 000	11 226 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 200 000	12 000 000	9 141 000	11 226 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	47 000	37 000	52 000	9 000
Total Current Assets	169 000	167 000	117 000	−1 000
Total Assets	13 369 000	12 167 000	9 258 000	11 225 000
Total Equity	4 039 000	3 103 000	839 000	231 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 930 000	8 674 000	8 104 000	8 162 000
Creditors	23 000	62 000	140 000	44 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	377 000	328 000	175 000	2 694 000
Total Current Debt	400 000	390 000	315 000	2 833 000
Total Equity and Debt	13 369 000	12 167 000	9 258 000	11 225 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,61 %	−12,18 %	18,59 %	69,7 %
Debt-to-Equity Ratio	2,21	2,8	9,66	35,33
Operating Profit Margin	88,64 %	72,85 %	69,96 %	53,15 %
Current Ratio	0,42	0,43	0,37	−0
Quick Ratio	0,42	0,43	0,37	−0
Equity Ratio	0,3	0,26	0,09	0,02
Gross Profit Margin	100 %	100 %	100 %	100 %