LØVÅS AS

4343 ORRE

Finances

Share Ownership

Return on Equity

58,91 %

Current Ratio

3,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 965 000	4 418 000	2 919 000	3 316 000
Net Income	2 499 000	2 126 000	486 000	1 256 000
Total Assets	5 347 000	3 729 000	1 150 000	2 771 000
Total Equity	4 242 000	1 743 000	617 000	1 345 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 965 000	4 418 000	2 919 000	3 316 000
Expenditure	2 760 000	1 692 000	2 209 000	1 682 000
Operating Profit	3 206 000	2 726 000	710 000	1 634 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	5 000	1 000
Financial Balance	−1 000	0	−5 000	−1 000
Earnings Before Tax	3 205 000	2 725 000	705 000	1 633 000
Tax	705 000	600 000	218 000	378 000
Net Income	2 499 000	2 126 000	486 000	1 256 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 002 000	187 000	250 000	255 000
Total Current Assets	4 345 000	3 542 000	900 000	2 516 000
Total Assets	5 347 000	3 729 000	1 150 000	2 771 000
Total Retained Equity	4 212 000	1 713 000	587 000	1 315 000
Total Equity	4 242 000	1 743 000	617 000	1 345 000
Total Long-Term Debt	7 000	11 000	17 000	0
Total Current Debt	1 097 000	1 976 000	516 000	1 426 000
Total Equity and Debt	5 347 000	3 729 000	1 150 000	2 771 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 465 000	1 418 000	4 169 000	2 566 000
Other Income	500 000	3 000 000	−1 250 000	750 000
Revenue	5 965 000	4 418 000	2 919 000	3 316 000
Cost of Goods Sold	60 000	0	16 000	38 000
Salary Costs	1 641 000	1 346 000	1 813 000	1 332 000
Depreciation	258 000	63 000	155 000	151 000
Impairment	0	0	0	0
Expenditure	2 760 000	1 692 000	2 209 000	1 682 000
Operating Profit	3 206 000	2 726 000	710 000	1 634 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	5 000	1 000
Financial Balance	−1 000	0	−5 000	−1 000
Dividends	0	1 000 000	0	500 000
Net Income	2 499 000	2 126 000	486 000	1 256 000

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	1 002 000	187 000	250 000	255 000
Total Tangible Assets	1 002 000	187 000	250 000	255 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 002 000	187 000	250 000	255 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	31 000	309 000	699 000	692 000
Total Current Assets	4 345 000	3 542 000	900 000	2 516 000
Total Assets	5 347 000	3 729 000	1 150 000	2 771 000
Total Equity	4 242 000	1 743 000	617 000	1 345 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 000	11 000	17 000	0
Creditors	−14 000	5 000	9 000	18 000
Unpaid Taxes	212 000	243 000	101 000	371 000
Dividends	0	1 000 000	0	500 000
Other Current Debt	191 000	122 000	204 000	155 000
Total Current Debt	1 097 000	1 976 000	516 000	1 426 000
Total Equity and Debt	5 347 000	3 729 000	1 150 000	2 771 000

Financial indicators	2022	2021	2020	2019
Return on Equity	58,91 %	121,97 %	78,77 %	93,38 %
Debt-to-Equity Ratio	0	0,01	0,03	0
Operating Profit Margin	53,75 %	61,7 %	24,32 %	49,28 %
Current Ratio	3,96	1,79	1,74	1,76
Quick Ratio	3,96	1,79	1,74	1,76
Equity Ratio	0,79	0,47	0,54	0,49
Gross Profit Margin	98,99 %	100 %	99,45 %	98,85 %