LØÅ AS

5563 FØRRESFJORDEN

Finances

Return on Equity

19,93 %

Current Ratio

1,51

Debt-to-Equity Ratio

8,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 059 000	3 525 000	3 244 000	2 738 000
Net Income	488 000	685 000	415 000	−29 000
Total Assets	24 841 000	25 388 000	24 442 000	24 484 000
Total Equity	2 448 000	2 046 000	1 361 000	946 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 059 000	3 525 000	3 244 000	2 738 000
Expenditure	2 619 000	2 025 000	2 000 000	1 954 000
Operating Profit	1 441 000	1 500 000	1 244 000	784 000
Financial Income	1 000	0	0	0
Financial Costs	811 000	621 000	870 000	813 000
Financial Balance	−810 000	−621 000	−870 000	−813 000
Earnings Before Tax	630 000	878 000	375 000	−29 000
Tax	143 000	193 000	−40 000	0
Net Income	488 000	685 000	415 000	−29 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 664 000	24 299 000	23 825 000	23 682 000
Total Current Assets	1 176 000	1 089 000	617 000	801 000
Total Assets	24 841 000	25 388 000	24 442 000	24 484 000
Total Retained Equity	948 000	546 000	−139 000	−554 000
Total Equity	2 448 000	2 046 000	1 361 000	946 000
Total Long-Term Debt	21 613 000	22 827 000	22 691 000	21 576 000
Total Current Debt	780 000	516 000	391 000	1 962 000
Total Equity and Debt	24 841 000	25 388 000	24 442 000	24 484 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	459 000	400 000	142 000	277 000
Other Income	3 600 000	3 124 000	3 102 000	2 461 000
Revenue	4 059 000	3 525 000	3 244 000	2 738 000
Cost of Goods Sold	1 377 000	948 000	759 000	945 000
Salary Costs	0	0	0	0
Depreciation	798 000	793 000	771 000	767 000
Impairment	0	0	0	0
Expenditure	2 619 000	2 025 000	2 000 000	1 954 000
Operating Profit	1 441 000	1 500 000	1 244 000	784 000
Financial Income	1 000	0	0	0
Financial Costs	811 000	621 000	870 000	813 000
Financial Balance	−810 000	−621 000	−870 000	−813 000
Dividends	0	0	0	0
Net Income	488 000	685 000	415 000	−29 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	40 000	0
Real Eastate	22 148 000	22 752 000	23 062 000	22 269 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	300 000	331 000	387 000	1 413 000
Total Tangible Assets	22 448 000	23 083 000	23 449 000	23 682 000
Total Fiancial Fixed Assets	1 217 000	1 217 000	336 000	0
Total Fixed Assets	23 664 000	24 299 000	23 825 000	23 682 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	335 000	731 000	255 000	55 000
Total Current Assets	1 176 000	1 089 000	617 000	801 000
Total Assets	24 841 000	25 388 000	24 442 000	24 484 000
Total Equity	2 448 000	2 046 000	1 361 000	946 000
Short-Term Group Debt	109 000	0	0	0
Total Long-Term Debt	21 613 000	22 827 000	22 691 000	21 576 000
Creditors	429 000	367 000	365 000	1 906 000
Unpaid Taxes	0	8 000	0	0
Dividends	0	0	0	0
Other Current Debt	93 000	63 000	25 000	56 000
Total Current Debt	780 000	516 000	391 000	1 962 000
Total Equity and Debt	24 841 000	25 388 000	24 442 000	24 484 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,93 %	33,48 %	30,49 %	−3,07 %
Debt-to-Equity Ratio	8,83	11,16	16,67	22,81
Operating Profit Margin	35,5 %	42,55 %	38,35 %	28,63 %
Current Ratio	1,51	2,11	1,58	0,41
Quick Ratio	1,51	2,11	1,58	0,41
Equity Ratio	0,1	0,08	0,06	0,04
Gross Profit Margin	66,08 %	73,11 %	76,6 %	65,49 %