LØVDAL TRAVEL AS

4628 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

36,72 %

Current Ratio

4,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	196 000	117 000	340 000	419 000
Net Income	47 000	37 000	−29 000	25 000
Total Assets	168 000	89 000	44 000	80 000
Total Equity	128 000	81 000	44 000	73 000

Income (NOK)	2022	2021	2020	2019
Revenue	196 000	117 000	340 000	419 000
Expenditure	135 000	70 000	377 000	387 000
Operating Profit	60 000	47 000	−37 000	31 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	60 000	47 000	−37 000	31 000
Tax	13 000	10 000	−8 000	7 000
Net Income	47 000	37 000	−29 000	25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	8 000	0
Total Current Assets	168 000	89 000	36 000	80 000
Total Assets	168 000	89 000	44 000	80 000
Total Retained Equity	98 000	51 000	14 000	43 000
Total Equity	128 000	81 000	44 000	73 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	41 000	8 000	0	7 000
Total Equity and Debt	168 000	89 000	44 000	80 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	196 000	117 000	340 000	419 000
Other Income	0	0	0	0
Revenue	196 000	117 000	340 000	419 000
Cost of Goods Sold	108 000	68 000	367 000	384 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	135 000	70 000	377 000	387 000
Operating Profit	60 000	47 000	−37 000	31 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	47 000	37 000	−29 000	25 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	8 000	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	8 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	60 000	2 000	16 000	80 000
Total Current Assets	168 000	89 000	36 000	80 000
Total Assets	168 000	89 000	44 000	80 000
Total Equity	128 000	81 000	44 000	73 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	5 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	25 000	0	0	0
Total Current Debt	41 000	8 000	0	7 000
Total Equity and Debt	168 000	89 000	44 000	80 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,72 %	45,68 %	−65,91 %	34,25 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	30,61 %	40,17 %	−10,88 %	7,4 %
Current Ratio	4,1	11,13	-	11,43
Quick Ratio	4,1	11,13	-	11,43
Equity Ratio	0,76	0,91	1	0,91
Gross Profit Margin	44,9 %	41,88 %	−7,94 %	8,35 %