LØKKEN VARESENTER AS

7327 SVORKMO

Finances

Share Ownership

Return on Equity

50,38 %

Current Ratio

0,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	210 000	208 000	177 000	204 000
Net Income	67 000	92 000	57 000	−36 000
Total Assets	289 000	303 000	351 000	298 000
Total Equity	133 000	167 000	165 000	108 000

Income (NOK)	2022	2021	2020	2019
Revenue	210 000	208 000	177 000	204 000
Expenditure	130 000	94 000	116 000	82 000
Operating Profit	80 000	113 000	61 000	122 000
Financial Income	3 000	1 000	7 000	0
Financial Costs	0	2 000	0	0
Financial Balance	3 000	−1 000	7 000	0
Earnings Before Tax	82 000	113 000	68 000	122 000
Tax	16 000	21 000	11 000	158 000
Net Income	67 000	92 000	57 000	−36 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	251 000	264 000	277 000	290 000
Total Current Assets	38 000	39 000	74 000	7 000
Total Assets	289 000	303 000	351 000	298 000
Total Retained Equity	103 000	137 000	135 000	78 000
Total Equity	133 000	167 000	165 000	108 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	155 000	136 000	186 000	190 000
Total Equity and Debt	289 000	303 000	351 000	298 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	210 000	208 000	177 000	204 000
Revenue	210 000	208 000	177 000	204 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	13 000	13 000	13 000	13 000
Impairment	0	0	0	0
Expenditure	130 000	94 000	116 000	82 000
Operating Profit	80 000	113 000	61 000	122 000
Financial Income	3 000	1 000	7 000	0
Financial Costs	0	2 000	0	0
Financial Balance	3 000	−1 000	7 000	0
Dividends	100 000	90 000	0	0
Net Income	67 000	92 000	57 000	−36 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	251 000	264 000	277 000	290 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	251 000	264 000	277 000	290 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	251 000	264 000	277 000	290 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	16 000	39 000	53 000	7 000
Total Current Assets	38 000	39 000	74 000	7 000
Total Assets	289 000	303 000	351 000	298 000
Total Equity	133 000	167 000	165 000	108 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	28 000	2 000	45 000	0
Unpaid Taxes	0	0	0	0
Dividends	100 000	90 000	0	0
Other Current Debt	11 000	24 000	130 000	20 000
Total Current Debt	155 000	136 000	186 000	190 000
Total Equity and Debt	289 000	303 000	351 000	298 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,38 %	55,09 %	34,55 %	−33,33 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	38,1 %	54,33 %	34,46 %	59,8 %
Current Ratio	0,25	0,29	0,4	0,04
Quick Ratio	0,25	0,29	0,4	0,04
Equity Ratio	0,46	0,55	0,47	0,36
Gross Profit Margin	100 %	100 %	100 %	100 %