LØV DESIGN AS

3740 SKIEN

Finances

Share Ownership

Return on Equity

13,49 %

Current Ratio

1,88

Debt-to-Equity Ratio

0,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	438 000	318 000	341 000	132 000
Net Income	17 000	21 000	148 000	18 000
Total Assets	466 000	516 000	480 000	305 000
Total Equity	126 000	109 000	88 000	−60 000

Income (NOK)	2022	2021	2020	2019
Revenue	438 000	318 000	341 000	132 000
Expenditure	409 000	280 000	162 000	99 000
Operating Profit	29 000	38 000	179 000	34 000
Financial Income	0	0	0	0
Financial Costs	7 000	11 000	15 000	16 000
Financial Balance	−7 000	−11 000	−15 000	−16 000
Earnings Before Tax	22 000	27 000	164 000	18 000
Tax	5 000	6 000	16 000	0
Net Income	17 000	21 000	148 000	18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	466 000	516 000	480 000	305 000
Total Assets	466 000	516 000	480 000	305 000
Total Retained Equity	96 000	79 000	58 000	−90 000
Total Equity	126 000	109 000	88 000	−60 000
Total Long-Term Debt	92 000	261 000	270 000	281 000
Total Current Debt	248 000	146 000	121 000	84 000
Total Equity and Debt	466 000	516 000	480 000	305 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	438 000	318 000	341 000	132 000
Other Income	0	0	0	0
Revenue	438 000	318 000	341 000	132 000
Cost of Goods Sold	302 000	170 000	44 000	−11 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	409 000	280 000	162 000	99 000
Operating Profit	29 000	38 000	179 000	34 000
Financial Income	0	0	0	0
Financial Costs	7 000	11 000	15 000	16 000
Financial Balance	−7 000	−11 000	−15 000	−16 000
Dividends	0	0	0	0
Net Income	17 000	21 000	148 000	18 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	458 000	458 000	383 000	261 000
Total Investments	0	0	0	0
Cash, Bank	8 000	50 000	27 000	22 000
Total Current Assets	466 000	516 000	480 000	305 000
Total Assets	466 000	516 000	480 000	305 000
Total Equity	126 000	109 000	88 000	−60 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	92 000	261 000	270 000	281 000
Creditors	69 000	79 000	32 000	4 000
Unpaid Taxes	10 000	12 000	1 000	0
Dividends	0	0	0	0
Other Current Debt	164 000	49 000	73 000	80 000
Total Current Debt	248 000	146 000	121 000	84 000
Total Equity and Debt	466 000	516 000	480 000	305 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,49 %	19,27 %	168,18 %	−30 %
Debt-to-Equity Ratio	0,73	2,39	3,07	−4,68
Operating Profit Margin	6,62 %	11,95 %	52,49 %	25,76 %
Current Ratio	1,88	3,53	3,97	3,63
Quick Ratio	−2,22	−1,65	−1,83	−1,72
Equity Ratio	0,27	0,21	0,18	−0,2
Gross Profit Margin	31,05 %	46,54 %	87,1 %	108,33 %