LØFLO INSTALLASJON AS

6763 HORNINDAL

Finances

Share Ownership

Return on Equity

32,72 %

Current Ratio

4,07

Debt-to-Equity Ratio

0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 846 000	9 631 000	5 989 000	5 801 000
Net Income	1 540 000	1 245 000	582 000	523 000
Total Assets	7 821 000	6 570 000	5 264 000	6 057 000
Total Equity	4 707 000	3 167 000	1 922 000	1 750 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 846 000	9 631 000	5 989 000	5 801 000
Expenditure	7 880 000	8 033 000	5 238 000	5 124 000
Operating Profit	1 966 000	1 598 000	752 000	676 000
Financial Income	52 000	1 000	3 000	15 000
Financial Costs	18 000	2 000	2 000	16 000
Financial Balance	34 000	−1 000	1 000	−1 000
Earnings Before Tax	2 000 000	1 597 000	754 000	676 000
Tax	461 000	351 000	171 000	153 000
Net Income	1 540 000	1 245 000	582 000	523 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	398 000	358 000	293 000	216 000
Total Current Assets	7 424 000	6 211 000	4 971 000	5 842 000
Total Assets	7 821 000	6 570 000	5 264 000	6 057 000
Total Retained Equity	4 677 000	3 137 000	1 892 000	1 720 000
Total Equity	4 707 000	3 167 000	1 922 000	1 750 000
Total Long-Term Debt	1 292 000	1 747 000	1 832 000	3 235 000
Total Current Debt	1 822 000	1 656 000	1 510 000	1 073 000
Total Equity and Debt	7 821 000	6 570 000	5 264 000	6 057 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 565 000	9 630 000	5 978 000	5 800 000
Other Income	281 000	1 000	11 000	1 000
Revenue	9 846 000	9 631 000	5 989 000	5 801 000
Cost of Goods Sold	3 873 000	3 883 000	2 286 000	2 594 000
Salary Costs	2 824 000	3 067 000	2 131 000	1 742 000
Depreciation	112 000	71 000	68 000	57 000
Impairment	0	0	0	0
Expenditure	7 880 000	8 033 000	5 238 000	5 124 000
Operating Profit	1 966 000	1 598 000	752 000	676 000
Financial Income	52 000	1 000	3 000	15 000
Financial Costs	18 000	2 000	2 000	16 000
Financial Balance	34 000	−1 000	1 000	−1 000
Dividends	0	0	410 000	0
Net Income	1 540 000	1 245 000	582 000	523 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	398 000	358 000	293 000	216 000
Total Tangible Assets	398 000	358 000	293 000	216 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	398 000	358 000	293 000	216 000
Stock	999 000	892 000	712 000	628 000
Total Investments	0	0	0	0
Cash, Bank	4 369 000	3 772 000	3 268 000	4 148 000
Total Current Assets	7 424 000	6 211 000	4 971 000	5 842 000
Total Assets	7 821 000	6 570 000	5 264 000	6 057 000
Total Equity	4 707 000	3 167 000	1 922 000	1 750 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 292 000	1 747 000	1 832 000	3 235 000
Creditors	375 000	492 000	355 000	261 000
Unpaid Taxes	468 000	526 000	376 000	470 000
Dividends	0	0	410 000	0
Other Current Debt	514 000	291 000	196 000	179 000
Total Current Debt	1 822 000	1 656 000	1 510 000	1 073 000
Total Equity and Debt	7 821 000	6 570 000	5 264 000	6 057 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,72 %	39,31 %	30,28 %	29,89 %
Debt-to-Equity Ratio	0,27	0,55	0,95	1,85
Operating Profit Margin	19,97 %	16,59 %	12,56 %	11,65 %
Current Ratio	4,07	3,75	3,29	5,44
Quick Ratio	9,02	8,13	6,23	13,13
Equity Ratio	0,6	0,48	0,37	0,29
Gross Profit Margin	60,66 %	59,68 %	61,83 %	55,28 %