LØVSET EIENDOM AS

0356 OSLO

Finances

Share Ownership

Return on Equity

91,97 %

Current Ratio

1,04

Debt-to-Equity Ratio

3,98

Key figures (NOK)	2022	2021	2020	2019
Revenue	40 084 000	0	6 564 000	33 155 000
Net Income	550 000	−531 000	−628 000	−30 000
Total Assets	34 812 000	23 645 000	12 665 000	18 357 000
Total Equity	598 000	48 000	579 000	1 207 000

Income (NOK)	2022	2021	2020	2019
Revenue	40 084 000	0	6 564 000	33 155 000
Expenditure	39 378 000	679 000	6 301 000	31 366 000
Operating Profit	705 000	−679 000	264 000	1 789 000
Financial Income	0	0	7 000	5 000
Financial Costs	0	2 000	1 020 000	1 833 000
Financial Balance	0	−2 000	−1 013 000	−1 828 000
Earnings Before Tax	705 000	−681 000	−749 000	−39 000
Tax	155 000	−150 000	−121 000	−9 000
Net Income	550 000	−531 000	−628 000	−30 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 840 000	2 102 000	1 989 000	205 000
Total Current Assets	32 971 000	21 543 000	10 676 000	18 153 000
Total Assets	34 812 000	23 645 000	12 665 000	18 357 000
Total Retained Equity	−2 805 000	−3 355 000	−2 824 000	−2 196 000
Total Equity	598 000	48 000	579 000	1 207 000
Total Long-Term Debt	2 379 000	19 431 000	11 534 000	15 942 000
Total Current Debt	31 835 000	4 166 000	552 000	1 208 000
Total Equity and Debt	34 812 000	23 645 000	12 665 000	18 357 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	40 084 000	0	6 564 000	33 155 000
Other Income	0	0	0	0
Revenue	40 084 000	0	6 564 000	33 155 000
Cost of Goods Sold	38 150 000	27 000	5 618 000	30 933 000
Salary Costs	447 000	152 000	0	0
Depreciation	30 000	10 000	0	0
Impairment	0	0	0	0
Expenditure	39 378 000	679 000	6 301 000	31 366 000
Operating Profit	705 000	−679 000	264 000	1 789 000
Financial Income	0	0	7 000	5 000
Financial Costs	0	2 000	1 020 000	1 833 000
Financial Balance	0	−2 000	−1 013 000	−1 828 000
Dividends	0	0	0	0
Net Income	550 000	−531 000	−628 000	−30 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	320 000	475 000	326 000	205 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	110 000	140 000	0	0
Total Tangible Assets	110 000	140 000	0	0
Total Fiancial Fixed Assets	1 410 000	1 487 000	1 663 000	0
Total Fixed Assets	1 840 000	2 102 000	1 989 000	205 000
Stock	32 401 000	20 920 000	9 889 000	14 959 000
Total Investments	0	0	0	0
Cash, Bank	570 000	623 000	787 000	1 437 000
Total Current Assets	32 971 000	21 543 000	10 676 000	18 153 000
Total Assets	34 812 000	23 645 000	12 665 000	18 357 000
Total Equity	598 000	48 000	579 000	1 207 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 379 000	19 431 000	11 534 000	15 942 000
Creditors	5 569 000	4 128 000	433 000	1 208 000
Unpaid Taxes	21 000	25 000	0	0
Dividends	0	0	0	0
Other Current Debt	5 579 000	12 000	119 000	0
Total Current Debt	31 835 000	4 166 000	552 000	1 208 000
Total Equity and Debt	34 812 000	23 645 000	12 665 000	18 357 000

Financial indicators	2022	2021	2020	2019
Return on Equity	91,97 %	−1 106,25 %	−108,46 %	−2,49 %
Debt-to-Equity Ratio	3,98	404,81	19,92	13,21
Operating Profit Margin	1,76 %	-	4,02 %	5,4 %
Current Ratio	1,04	5,17	19,34	15,03
Quick Ratio	−58,25	−1,29	−1,14	−1,32
Equity Ratio	0,02	0	0,05	0,07
Gross Profit Margin	4,82 %	-	14,41 %	6,7 %