LOE EQUITY AS

3302 HOKKSUND

Finances

Return on Equity

2,67 %

Current Ratio

4,09

Debt-to-Equity Ratio

0,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	250 000	0	363 000	1 126 000
Net Income	3 834 000	50 854 000	47 197 000	1 534 000
Total Assets	208 679 000	172 811 000	205 823 000	111 208 000
Total Equity	143 424 000	146 778 000	162 163 000	69 770 000

Income (NOK)	2022	2021	2020	2019
Revenue	250 000	0	363 000	1 126 000
Expenditure	1 805 000	1 599 000	1 736 000	2 839 000
Operating Profit	−1 555 000	−1 598 000	−1 373 000	−1 713 000
Financial Income	10 760 000	58 601 000	51 388 000	4 574 000
Financial Costs	5 371 000	6 149 000	2 818 000	1 327 000
Financial Balance	5 389 000	52 452 000	48 570 000	3 247 000
Earnings Before Tax	3 834 000	50 854 000	47 197 000	1 534 000
Tax	0	0	0	0
Net Income	3 834 000	50 854 000	47 197 000	1 534 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	192 707 000	122 317 000	162 469 000	106 182 000
Total Current Assets	15 972 000	50 493 000	43 354 000	5 025 000
Total Assets	208 679 000	172 811 000	205 823 000	111 208 000
Total Retained Equity	23 188 000	26 542 000	41 928 000	1 534 000
Total Equity	143 424 000	146 778 000	162 163 000	69 770 000
Total Long-Term Debt	61 350 000	25 793 000	40 433 000	40 305 000
Total Current Debt	3 905 000	240 000	3 227 000	1 132 000
Total Equity and Debt	208 679 000	172 811 000	205 823 000	111 208 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	1 207 000	266 000
Other Income	250 000	0	−844 000	860 000
Revenue	250 000	0	363 000	1 126 000
Cost of Goods Sold	0	0	9 000	0
Salary Costs	1 129 000	1 133 000	1 123 000	1 130 000
Depreciation	0	11 000	15 000	15 000
Impairment	0	0	0	0
Expenditure	1 805 000	1 599 000	1 736 000	2 839 000
Operating Profit	−1 555 000	−1 598 000	−1 373 000	−1 713 000
Financial Income	10 760 000	58 601 000	51 388 000	4 574 000
Financial Costs	5 371 000	6 149 000	2 818 000	1 327 000
Financial Balance	5 389 000	52 452 000	48 570 000	3 247 000
Dividends	7 188 000	0	2 910 000	0
Net Income	3 834 000	50 854 000	47 197 000	1 534 000

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	11 000	26 000
Total Tangible Assets	0	0	11 000	26 000
Total Fiancial Fixed Assets	192 707 000	122 317 000	162 458 000	106 156 000
Total Fixed Assets	192 707 000	122 317 000	162 469 000	106 182 000
Stock	0	0	0	0
Total Investments	9 300 000	36 393 000	27 812 000	0
Cash, Bank	1 386 000	9 744 000	15 477 000	3 984 000
Total Current Assets	15 972 000	50 493 000	43 354 000	5 025 000
Total Assets	208 679 000	172 811 000	205 823 000	111 208 000
Total Equity	143 424 000	146 778 000	162 163 000	69 770 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	61 350 000	25 793 000	40 433 000	40 305 000
Creditors	88 000	45 000	83 000	680 000
Unpaid Taxes	102 000	74 000	113 000	78 000
Dividends	7 188 000	0	2 910 000	0
Other Current Debt	121 000	121 000	121 000	374 000
Total Current Debt	3 905 000	240 000	3 227 000	1 132 000
Total Equity and Debt	208 679 000	172 811 000	205 823 000	111 208 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,67 %	34,65 %	29,1 %	2,2 %
Debt-to-Equity Ratio	0,43	0,18	0,25	0,58
Operating Profit Margin	−622 %	-	−378,24 %	−152,13 %
Current Ratio	4,09	210,39	13,43	4,44
Quick Ratio	4,09	210,39	13,43	4,44
Equity Ratio	0,69	0,85	0,79	0,63
Gross Profit Margin	100 %	-	97,52 %	100 %