LØVER TELECOM AS

3613 KONGSBERG

Finances

Share Ownership

Return on Equity

10,12 %

Current Ratio

3,72

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 730 000	2 722 000	2 746 000	2 289 000
Net Income	116 000	142 000	515 000	−121 000
Total Assets	1 498 000	1 536 000	1 384 000	719 000
Total Equity	1 146 000	1 030 000	888 000	373 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 730 000	2 722 000	2 746 000	2 289 000
Expenditure	1 576 000	2 536 000	2 100 000	2 402 000
Operating Profit	154 000	187 000	647 000	−113 000
Financial Income	0	0	0	0
Financial Costs	0	7 000	9 000	14 000
Financial Balance	0	−7 000	−9 000	−14 000
Earnings Before Tax	153 000	180 000	639 000	−127 000
Tax	37 000	38 000	124 000	−6 000
Net Income	116 000	142 000	515 000	−121 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	186 000	121 000	161 000	83 000
Total Current Assets	1 311 000	1 416 000	1 223 000	636 000
Total Assets	1 498 000	1 536 000	1 384 000	719 000
Total Retained Equity	1 116 000	1 000 000	858 000	343 000
Total Equity	1 146 000	1 030 000	888 000	373 000
Total Long-Term Debt	0	0	3 000	0
Total Current Debt	352 000	507 000	494 000	347 000
Total Equity and Debt	1 498 000	1 536 000	1 384 000	719 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 730 000	2 722 000	2 746 000	2 336 000
Other Income	0	0	0	−47 000
Revenue	1 730 000	2 722 000	2 746 000	2 289 000
Cost of Goods Sold	158 000	250 000	135 000	164 000
Salary Costs	869 000	1 746 000	1 506 000	1 843 000
Depreciation	53 000	40 000	48 000	33 000
Impairment	0	0	0	0
Expenditure	1 576 000	2 536 000	2 100 000	2 402 000
Operating Profit	154 000	187 000	647 000	−113 000
Financial Income	0	0	0	0
Financial Costs	0	7 000	9 000	14 000
Financial Balance	0	−7 000	−9 000	−14 000
Dividends	0	0	0	0
Net Income	116 000	142 000	515 000	−121 000

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	186 000	121 000	161 000	83 000
Total Tangible Assets	186 000	121 000	161 000	83 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	186 000	121 000	161 000	83 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	330 000	929 000	607 000	262 000
Total Current Assets	1 311 000	1 416 000	1 223 000	636 000
Total Assets	1 498 000	1 536 000	1 384 000	719 000
Total Equity	1 146 000	1 030 000	888 000	373 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	3 000	0
Creditors	13 000	7 000	0	3 000
Unpaid Taxes	126 000	300 000	220 000	213 000
Dividends	0	0	0	0
Other Current Debt	176 000	159 000	152 000	130 000
Total Current Debt	352 000	507 000	494 000	347 000
Total Equity and Debt	1 498 000	1 536 000	1 384 000	719 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,12 %	13,79 %	58 %	−32,44 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,9 %	6,87 %	23,56 %	−4,94 %
Current Ratio	3,72	2,79	2,48	1,83
Quick Ratio	3,72	2,79	2,48	1,83
Equity Ratio	0,77	0,67	0,64	0,52
Gross Profit Margin	90,87 %	90,82 %	95,08 %	92,84 %