LØVAAS INVEST AS

2165 HVAM

Finances

Return on Equity

−1,98 %

Current Ratio

25,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−263 000	5 417 000	8 375 000	813 000
Total Assets	13 719 000	14 322 000	9 716 000	2 259 000
Total Equity	13 259 000	13 922 000	9 305 000	1 341 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	44 000	27 000	16 000	20 000
Operating Profit	−44 000	−27 000	−16 000	−20 000
Financial Income	1 197 000	6 002 000	8 576 000	845 000
Financial Costs	1 373 000	558 000	184 000	12 000
Financial Balance	−176 000	5 444 000	8 392 000	833 000
Earnings Before Tax	−220 000	5 417 000	8 375 000	813 000
Tax	43 000	0	0	0
Net Income	−263 000	5 417 000	8 375 000	813 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 082 000	1 393 000	496 000	1 389 000
Total Current Assets	11 637 000	12 929 000	9 220 000	870 000
Total Assets	13 719 000	14 322 000	9 716 000	2 259 000
Total Retained Equity	13 229 000	13 892 000	9 275 000	1 311 000
Total Equity	13 259 000	13 922 000	9 305 000	1 341 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	460 000	400 000	411 000	919 000
Total Equity and Debt	13 719 000	14 322 000	9 716 000	2 259 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	44 000	27 000	16 000	20 000
Operating Profit	−44 000	−27 000	−16 000	−20 000
Financial Income	1 197 000	6 002 000	8 576 000	845 000
Financial Costs	1 373 000	558 000	184 000	12 000
Financial Balance	−176 000	5 444 000	8 392 000	833 000
Dividends	400 000	400 000	411 000	0
Net Income	−263 000	5 417 000	8 375 000	813 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	2 082 000	1 393 000	496 000	1 389 000
Total Fixed Assets	2 082 000	1 393 000	496 000	1 389 000
Stock	0	0	0	0
Total Investments	10 100 000	11 378 000	6 237 000	72 000
Cash, Bank	1 410 000	1 551 000	2 607 000	798 000
Total Current Assets	11 637 000	12 929 000	9 220 000	870 000
Total Assets	13 719 000	14 322 000	9 716 000	2 259 000
Total Equity	13 259 000	13 922 000	9 305 000	1 341 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	400 000	400 000	411 000	0
Other Current Debt	17 000	0	0	919 000
Total Current Debt	460 000	400 000	411 000	919 000
Total Equity and Debt	13 719 000	14 322 000	9 716 000	2 259 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,98 %	38,91 %	90,01 %	60,63 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	25,3	32,32	22,43	0,95
Quick Ratio	25,3	32,32	22,43	0,95
Equity Ratio	0,97	0,97	0,96	0,59
Gross Profit Margin	-	-	-	-