LØFTE ELEKTRO AS

1395 HVALSTAD

Finances

Share Ownership

Return on Equity

35,65 %

Current Ratio

1,38

Debt-to-Equity Ratio

0,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 419 000	9 718 000	9 253 000	8 888 000
Net Income	410 000	148 000	417 000	216 000
Total Assets	5 068 000	3 190 000	3 424 000	2 778 000
Total Equity	1 150 000	1 418 000	1 269 000	852 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 419 000	9 718 000	9 253 000	8 888 000
Expenditure	12 812 000	9 520 000	8 643 000	8 593 000
Operating Profit	607 000	197 000	609 000	294 000
Financial Income	16 000	16 000	0	1 000
Financial Costs	30 000	23 000	28 000	18 000
Financial Balance	−14 000	−7 000	−28 000	−17 000
Earnings Before Tax	593 000	190 000	581 000	277 000
Tax	183 000	42 000	164 000	61 000
Net Income	410 000	148 000	417 000	216 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	451 000	789 000	1 017 000	924 000
Total Current Assets	4 617 000	2 401 000	2 407 000	1 854 000
Total Assets	5 068 000	3 190 000	3 424 000	2 778 000
Total Retained Equity	1 120 000	1 388 000	1 239 000	822 000
Total Equity	1 150 000	1 418 000	1 269 000	852 000
Total Long-Term Debt	568 000	520 000	556 000	469 000
Total Current Debt	3 350 000	1 252 000	1 598 000	1 457 000
Total Equity and Debt	5 068 000	3 190 000	3 424 000	2 778 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 182 000	9 541 000	9 253 000	8 888 000
Other Income	236 000	177 000	0	0
Revenue	13 419 000	9 718 000	9 253 000	8 888 000
Cost of Goods Sold	6 794 000	3 993 000	3 635 000	3 767 000
Salary Costs	3 918 000	4 169 000	3 828 000	3 669 000
Depreciation	194 000	313 000	282 000	202 000
Impairment	0	0	0	0
Expenditure	12 812 000	9 520 000	8 643 000	8 593 000
Operating Profit	607 000	197 000	609 000	294 000
Financial Income	16 000	16 000	0	1 000
Financial Costs	30 000	23 000	28 000	18 000
Financial Balance	−14 000	−7 000	−28 000	−17 000
Dividends	0	0	0	0
Net Income	410 000	148 000	417 000	216 000

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	451 000	789 000	1 017 000	924 000
Total Tangible Assets	451 000	789 000	1 017 000	924 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	451 000	789 000	1 017 000	924 000
Stock	60 000	132 000	208 000	135 000
Total Investments	0	0	0	0
Cash, Bank	1 384 000	57 000	1 224 000	814 000
Total Current Assets	4 617 000	2 401 000	2 407 000	1 854 000
Total Assets	5 068 000	3 190 000	3 424 000	2 778 000
Total Equity	1 150 000	1 418 000	1 269 000	852 000
Short-Term Group Debt	570 000	0	0	0
Total Long-Term Debt	568 000	520 000	556 000	469 000
Creditors	815 000	431 000	598 000	559 000
Unpaid Taxes	698 000	455 000	525 000	545 000
Dividends	0	0	0	0
Other Current Debt	1 267 000	333 000	311 000	285 000
Total Current Debt	3 350 000	1 252 000	1 598 000	1 457 000
Total Equity and Debt	5 068 000	3 190 000	3 424 000	2 778 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,65 %	10,44 %	32,86 %	25,35 %
Debt-to-Equity Ratio	0,49	0,37	0,44	0,55
Operating Profit Margin	4,52 %	2,03 %	6,58 %	3,31 %
Current Ratio	1,38	1,92	1,51	1,27
Quick Ratio	1,4	2,14	1,73	1,4
Equity Ratio	0,23	0,44	0,37	0,31
Gross Profit Margin	49,37 %	58,91 %	60,72 %	57,62 %