LOKALVEIEN EIENDOM AS

1626 MANSTAD

Finances

Share Ownership

Return on Equity

−9,68 %

Current Ratio

2,01

Debt-to-Equity Ratio

1,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 006 000	13 140 000	11 057 000	22 361 000
Net Income	−238 000	303 000	628 000	1 842 000
Total Assets	6 440 000	3 178 000	4 990 000	2 847 000
Total Equity	2 459 000	2 697 000	2 393 000	1 765 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 006 000	13 140 000	11 057 000	22 361 000
Expenditure	7 165 000	12 730 000	10 236 000	19 993 000
Operating Profit	−158 000	411 000	820 000	2 368 000
Financial Income	0	0	1 000	0
Financial Costs	80 000	19 000	19 000	12 000
Financial Balance	−80 000	−19 000	−18 000	−12 000
Earnings Before Tax	−238 000	393 000	802 000	2 356 000
Tax	0	89 000	174 000	515 000
Net Income	−238 000	303 000	628 000	1 842 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 466 000	0	14 000	37 000
Total Current Assets	1 974 000	3 178 000	4 977 000	2 810 000
Total Assets	6 440 000	3 178 000	4 990 000	2 847 000
Total Retained Equity	2 409 000	2 647 000	2 343 000	1 715 000
Total Equity	2 459 000	2 697 000	2 393 000	1 765 000
Total Long-Term Debt	3 000 000	0	0	0
Total Current Debt	981 000	481 000	2 597 000	1 081 000
Total Equity and Debt	6 440 000	3 178 000	4 990 000	2 847 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 949 000	13 140 000	11 057 000	22 357 000
Other Income	57 000	0	0	5 000
Revenue	7 006 000	13 140 000	11 057 000	22 361 000
Cost of Goods Sold	6 645 000	12 153 000	9 794 000	19 364 000
Salary Costs	0	0	0	0
Depreciation	45 000	14 000	3 000	4 000
Impairment	0	0	0	0
Expenditure	7 165 000	12 730 000	10 236 000	19 993 000
Operating Profit	−158 000	411 000	820 000	2 368 000
Financial Income	0	0	1 000	0
Financial Costs	80 000	19 000	19 000	12 000
Financial Balance	−80 000	−19 000	−18 000	−12 000
Dividends	0	0	0	1 500 000
Net Income	−238 000	303 000	628 000	1 842 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 466 000	0	0	0
Machinery and Plant Facilities	0	0	14 000	17 000
Fixtures	0	0	0	0
Total Tangible Assets	4 466 000	0	14 000	17 000
Total Fiancial Fixed Assets	0	0	0	20 000
Total Fixed Assets	4 466 000	0	14 000	37 000
Stock	1 797 000	2 571 000	4 638 000	2 806 000
Total Investments	0	0	0	0
Cash, Bank	142 000	589 000	148 000	3 000
Total Current Assets	1 974 000	3 178 000	4 977 000	2 810 000
Total Assets	6 440 000	3 178 000	4 990 000	2 847 000
Total Equity	2 459 000	2 697 000	2 393 000	1 765 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000 000	0	0	0
Creditors	473 000	389 000	200 000	26 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	1 500 000
Other Current Debt	508 000	3 000	823 000	541 000
Total Current Debt	981 000	481 000	2 597 000	1 081 000
Total Equity and Debt	6 440 000	3 178 000	4 990 000	2 847 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,68 %	11,23 %	26,24 %	104,36 %
Debt-to-Equity Ratio	1,22	0	0	0
Operating Profit Margin	−2,26 %	3,13 %	7,42 %	10,59 %
Current Ratio	2,01	6,61	1,92	2,6
Quick Ratio	−2,42	−1,52	−2,44	−1,63
Equity Ratio	0,38	0,85	0,48	0,62
Gross Profit Margin	5,15 %	7,51 %	11,42 %	13,4 %