OLE HÅKON LOFTHUS AS

2890 ETNEDAL

Finances

Share Ownership

Return on Equity

4,62 %

Current Ratio

5,75

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 088 000	3 853 000	3 636 000	2 714 000
Net Income	81 000	37 000	512 000	258 000
Total Assets	2 083 000	2 020 000	2 185 000	1 569 000
Total Equity	1 752 000	1 671 000	1 635 000	1 123 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 088 000	3 853 000	3 636 000	2 714 000
Expenditure	3 985 000	3 805 000	2 980 000	2 380 000
Operating Profit	103 000	48 000	657 000	333 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	2 000
Financial Balance	0	0	0	−2 000
Earnings Before Tax	103 000	48 000	657 000	331 000
Tax	23 000	11 000	145 000	73 000
Net Income	81 000	37 000	512 000	258 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	336 000	331 000	253 000	271 000
Total Current Assets	1 747 000	1 689 000	1 932 000	1 298 000
Total Assets	2 083 000	2 020 000	2 185 000	1 569 000
Total Retained Equity	1 702 000	1 621 000	1 585 000	1 073 000
Total Equity	1 752 000	1 671 000	1 635 000	1 123 000
Total Long-Term Debt	27 000	27 000	23 000	47 000
Total Current Debt	304 000	322 000	527 000	400 000
Total Equity and Debt	2 083 000	2 020 000	2 185 000	1 569 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 088 000	3 853 000	3 636 000	2 714 000
Other Income	0	0	0	0
Revenue	4 088 000	3 853 000	3 636 000	2 714 000
Cost of Goods Sold	3 068 000	2 890 000	2 258 000	1 630 000
Salary Costs	671 000	661 000	498 000	566 000
Depreciation	52 000	38 000	37 000	40 000
Impairment	0	0	0	0
Expenditure	3 985 000	3 805 000	2 980 000	2 380 000
Operating Profit	103 000	48 000	657 000	333 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	2 000
Financial Balance	0	0	0	−2 000
Dividends	0	0	0	0
Net Income	81 000	37 000	512 000	258 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	153 000	0	0	0
Machinery and Plant Facilities	0	113 000	0	0
Fixtures	168 000	203 000	238 000	256 000
Total Tangible Assets	321 000	316 000	238 000	256 000
Total Fiancial Fixed Assets	15 000	15 000	15 000	15 000
Total Fixed Assets	336 000	331 000	253 000	271 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	729 000	1 169 000	854 000	520 000
Total Current Assets	1 747 000	1 689 000	1 932 000	1 298 000
Total Assets	2 083 000	2 020 000	2 185 000	1 569 000
Total Equity	1 752 000	1 671 000	1 635 000	1 123 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	27 000	27 000	23 000	47 000
Creditors	191 000	216 000	65 000	132 000
Unpaid Taxes	30 000	39 000	174 000	57 000
Dividends	0	0	0	0
Other Current Debt	60 000	59 000	143 000	138 000
Total Current Debt	304 000	322 000	527 000	400 000
Total Equity and Debt	2 083 000	2 020 000	2 185 000	1 569 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,62 %	2,21 %	31,31 %	22,97 %
Debt-to-Equity Ratio	0,02	0,02	0,01	0,04
Operating Profit Margin	2,52 %	1,25 %	18,07 %	12,27 %
Current Ratio	5,75	5,25	3,67	3,25
Quick Ratio	5,75	5,25	3,67	3,25
Equity Ratio	0,84	0,83	0,75	0,72
Gross Profit Margin	24,95 %	24,99 %	37,9 %	39,94 %