LOEVAAS AS

2100 SKARNES

Finances

Share Ownership

Return on Equity

0,55 %

Current Ratio

0,72

Debt-to-Equity Ratio

0,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 411 000	1 278 000	1 452 000	939 000
Net Income	6 000	178 000	487 000	105 000
Total Assets	2 351 000	1 808 000	1 664 000	1 179 000
Total Equity	1 082 000	1 076 000	1 198 000	711 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 411 000	1 278 000	1 452 000	939 000
Expenditure	1 389 000	1 050 000	823 000	804 000
Operating Profit	23 000	229 000	629 000	135 000
Financial Income	3 000	1 000	0	2 000
Financial Costs	19 000	1 000	5 000	3 000
Financial Balance	−16 000	0	−5 000	−1 000
Earnings Before Tax	7 000	228 000	624 000	135 000
Tax	2 000	50 000	137 000	30 000
Net Income	6 000	178 000	487 000	105 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 919 000	1 208 000	1 326 000	535 000
Total Current Assets	432 000	600 000	338 000	644 000
Total Assets	2 351 000	1 808 000	1 664 000	1 179 000
Total Retained Equity	1 052 000	1 046 000	1 168 000	681 000
Total Equity	1 082 000	1 076 000	1 198 000	711 000
Total Long-Term Debt	669 000	139 000	135 000	46 000
Total Current Debt	600 000	593 000	331 000	422 000
Total Equity and Debt	2 351 000	1 808 000	1 664 000	1 179 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 411 000	1 278 000	1 452 000	939 000
Other Income	0	0	0	0
Revenue	1 411 000	1 278 000	1 452 000	939 000
Cost of Goods Sold	44 000	83 000	45 000	33 000
Salary Costs	722 000	488 000	463 000	538 000
Depreciation	250 000	172 000	149 000	89 000
Impairment	0	0	0	0
Expenditure	1 389 000	1 050 000	823 000	804 000
Operating Profit	23 000	229 000	629 000	135 000
Financial Income	3 000	1 000	0	2 000
Financial Costs	19 000	1 000	5 000	3 000
Financial Balance	−16 000	0	−5 000	−1 000
Dividends	0	300 000	0	0
Net Income	6 000	178 000	487 000	105 000

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	1 919 000	1 208 000	1 326 000	535 000
Fixtures	0	0	0	0
Total Tangible Assets	1 919 000	1 208 000	1 326 000	535 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 919 000	1 208 000	1 326 000	535 000
Stock	0	44 000	0	0
Total Investments	0	0	0	0
Cash, Bank	32 000	208 000	66 000	87 000
Total Current Assets	432 000	600 000	338 000	644 000
Total Assets	2 351 000	1 808 000	1 664 000	1 179 000
Total Equity	1 082 000	1 076 000	1 198 000	711 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	669 000	139 000	135 000	46 000
Creditors	77 000	60 000	74 000	249 000
Unpaid Taxes	148 000	134 000	126 000	89 000
Dividends	0	300 000	0	0
Other Current Debt	375 000	352 000	82 000	52 000
Total Current Debt	600 000	593 000	331 000	422 000
Total Equity and Debt	2 351 000	1 808 000	1 664 000	1 179 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,55 %	16,54 %	40,65 %	14,77 %
Debt-to-Equity Ratio	0,62	0,13	0,11	0,06
Operating Profit Margin	1,63 %	17,92 %	43,32 %	14,38 %
Current Ratio	0,72	1,01	1,02	1,53
Quick Ratio	0,72	1,09	1,02	1,53
Equity Ratio	0,46	0,6	0,72	0,6
Gross Profit Margin	96,88 %	93,51 %	96,9 %	96,49 %