LØVSETHAUGEN AS

7072 HEIMDAL

Finances

Share Ownership

Return on Equity

−58,37 %

Current Ratio

1,05

Debt-to-Equity Ratio

−1,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 388 000	66 953 000	0	0
Net Income	1 444 000	−3 652 000	−53 000	−24 000
Total Assets	1 540 000	5 692 000	27 744 000	9 309 000
Total Equity	−2 474 000	−3 917 000	−265 000	−212 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 388 000	66 953 000	0	0
Expenditure	1 843 000	67 977 000	52 000	24 000
Operating Profit	1 545 000	−1 025 000	−52 000	−24 000
Financial Income	1 000	0	0	0
Financial Costs	103 000	2 628 000	1 000	0
Financial Balance	−102 000	−2 628 000	−1 000	0
Earnings Before Tax	1 444 000	−3 652 000	−53 000	−24 000
Tax	0	0	0	0
Net Income	1 444 000	−3 652 000	−53 000	−24 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	27 186 000	5 000
Total Current Assets	1 540 000	5 692 000	558 000	9 305 000
Total Assets	1 540 000	5 692 000	27 744 000	9 309 000
Total Retained Equity	−2 564 000	−4 007 000	−355 000	−302 000
Total Equity	−2 474 000	−3 917 000	−265 000	−212 000
Total Long-Term Debt	2 550 000	5 750 000	28 005 000	9 455 000
Total Current Debt	1 464 000	3 860 000	4 000	67 000
Total Equity and Debt	1 540 000	5 692 000	27 744 000	9 309 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	66 953 000	0	0
Other Income	3 388 000	0	0	0
Revenue	3 388 000	66 953 000	0	0
Cost of Goods Sold	1 602 000	67 712 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	5 000	4 000
Impairment	0	0	0	0
Expenditure	1 843 000	67 977 000	52 000	24 000
Operating Profit	1 545 000	−1 025 000	−52 000	−24 000
Financial Income	1 000	0	0	0
Financial Costs	103 000	2 628 000	1 000	0
Financial Balance	−102 000	−2 628 000	−1 000	0
Dividends	0	0	0	0
Net Income	1 444 000	−3 652 000	−53 000	−24 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	27 186 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	5 000
Total Tangible Assets	0	0	27 186 000	5 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	27 186 000	5 000
Stock	0	0	0	8 800 000
Total Investments	0	0	0	0
Cash, Bank	940 000	5 002 000	58 000	5 000
Total Current Assets	1 540 000	5 692 000	558 000	9 305 000
Total Assets	1 540 000	5 692 000	27 744 000	9 309 000
Total Equity	−2 474 000	−3 917 000	−265 000	−212 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 550 000	5 750 000	28 005 000	9 455 000
Creditors	696 000	1 273 000	3 000	66 000
Unpaid Taxes	0	8 000	0	0
Dividends	0	0	0	0
Other Current Debt	768 000	2 579 000	1 000	1 000
Total Current Debt	1 464 000	3 860 000	4 000	67 000
Total Equity and Debt	1 540 000	5 692 000	27 744 000	9 309 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−58,37 %	93,23 %	20 %	11,32 %
Debt-to-Equity Ratio	−1,03	−1,47	−105,68	−44,6
Operating Profit Margin	45,6 %	−1,53 %	-	-
Current Ratio	1,05	1,47	139,5	138,88
Quick Ratio	1,05	1,47	139,5	−1,07
Equity Ratio	−1,61	−0,69	−0,01	−0,02
Gross Profit Margin	52,72 %	−1,13 %	-	-