LØVLAND AS

5416 STORD

Finances

Share Ownership

Return on Equity

−15 %

Current Ratio

1,57

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	41 000	17 000	0	0
Net Income	−3 000	9 000	−1 000	0
Total Assets	59 000	27 000	33 000	34 000
Total Equity	20 000	23 000	13 000	15 000

Income (NOK)	2022	2021	2020
Revenue	41 000	17 000	0
Expenditure	44 000	8 000	1 000
Operating Profit	−3 000	9 000	−1 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	−3 000	9 000	−1 000
Tax	0	0	0
Net Income	−3 000	9 000	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 000	4 000	4 000	4 000
Total Current Assets	55 000	23 000	29 000	31 000
Total Assets	59 000	27 000	33 000	34 000
Total Retained Equity	−10 000	−7 000	−17 000	−15 000
Total Equity	20 000	23 000	13 000	15 000
Total Long-Term Debt	4 000	4 000	4 000	4 000
Total Current Debt	35 000	0	16 000	16 000
Total Equity and Debt	59 000	27 000	33 000	34 000

Cash flow (NOK)	2022	2021	2020
Sales Income	41 000	17 000	0
Other Income	0	0	0
Revenue	41 000	17 000	0
Cost of Goods Sold	33 000	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	44 000	8 000	1 000
Operating Profit	−3 000	9 000	−1 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	−3 000	9 000	−1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	4 000	4 000	4 000
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	0	0	0	0
Total Fixed Assets	4 000	4 000	4 000	4 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	55 000	23 000	29 000	31 000
Total Current Assets	55 000	23 000	29 000	31 000
Total Assets	59 000	27 000	33 000	34 000
Total Equity	20 000	23 000	13 000	15 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	4 000	4 000	4 000
Creditors	35 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	16 000	16 000
Total Current Debt	35 000	0	16 000	16 000
Total Equity and Debt	59 000	27 000	33 000	34 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15 %	39,13 %	−7,69 %	0 %
Debt-to-Equity Ratio	0,2	0,17	0,31	0,27
Operating Profit Margin	−7,32 %	52,94 %	-	-
Current Ratio	1,57	-	1,81	1,94
Quick Ratio	1,57	-	1,81	1,94
Equity Ratio	0,34	0,85	0,39	0,44
Gross Profit Margin	19,51 %	100 %	-	-