LØVIND HAGE AS

5147 FYLLINGSDALEN

Finances

Share Ownership

Return on Equity

871,43 %

Current Ratio

1,02

Debt-to-Equity Ratio

−20,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 558 000	4 753 000	4 041 000	2 968 000
Net Income	−183 000	−97 000	124 000	155 000
Total Assets	1 102 000	839 000	985 000	629 000
Total Equity	−21 000	162 000	252 000	128 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 558 000	4 753 000	4 041 000	2 968 000
Expenditure	5 767 000	4 856 000	3 897 000	2 814 000
Operating Profit	−210 000	−103 000	143 000	155 000
Financial Income	7 000	6 000	7 000	0
Financial Costs	8 000	0	0	0
Financial Balance	−1 000	6 000	7 000	0
Earnings Before Tax	−211 000	−97 000	150 000	155 000
Tax	−28 000	0	35 000	0
Net Income	−183 000	−97 000	124 000	155 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	392 000	178 000	223 000	92 000
Total Current Assets	710 000	661 000	762 000	537 000
Total Assets	1 102 000	839 000	985 000	629 000
Total Retained Equity	−51 000	132 000	222 000	98 000
Total Equity	−21 000	162 000	252 000	128 000
Total Long-Term Debt	429 000	148 000	147 000	170 000
Total Current Debt	694 000	529 000	586 000	332 000
Total Equity and Debt	1 102 000	839 000	985 000	629 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 546 000	4 753 000	4 041 000	2 968 000
Other Income	12 000	0	0	0
Revenue	5 558 000	4 753 000	4 041 000	2 968 000
Cost of Goods Sold	1 833 000	1 335 000	1 042 000	862 000
Salary Costs	2 780 000	1 934 000	2 017 000	1 333 000
Depreciation	40 000	45 000	30 000	10 000
Impairment	0	0	0	0
Expenditure	5 767 000	4 856 000	3 897 000	2 814 000
Operating Profit	−210 000	−103 000	143 000	155 000
Financial Income	7 000	6 000	7 000	0
Financial Costs	8 000	0	0	0
Financial Balance	−1 000	6 000	7 000	0
Dividends	0	0	0	0
Net Income	−183 000	−97 000	124 000	155 000

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	18 000	178 000	18 000	0
Fixtures	373 000	0	205 000	92 000
Total Tangible Assets	392 000	178 000	223 000	92 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	392 000	178 000	223 000	92 000
Stock	10 000	10 000	10 000	9 000
Total Investments	0	0	0	0
Cash, Bank	305 000	552 000	416 000	313 000
Total Current Assets	710 000	661 000	762 000	537 000
Total Assets	1 102 000	839 000	985 000	629 000
Total Equity	−21 000	162 000	252 000	128 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	429 000	148 000	147 000	170 000
Creditors	104 000	66 000	107 000	47 000
Unpaid Taxes	362 000	212 000	314 000	232 000
Dividends	0	0	0	0
Other Current Debt	259 000	334 000	157 000	105 000
Total Current Debt	694 000	529 000	586 000	332 000
Total Equity and Debt	1 102 000	839 000	985 000	629 000

Financial indicators	2022	2021	2020	2019
Return on Equity	871,43 %	−59,88 %	49,21 %	121,09 %
Debt-to-Equity Ratio	−20,43	0,91	0,58	1,33
Operating Profit Margin	−3,78 %	−2,17 %	3,54 %	5,22 %
Current Ratio	1,02	1,25	1,3	1,62
Quick Ratio	1,04	1,27	1,32	1,66
Equity Ratio	−0,02	0,19	0,26	0,2
Gross Profit Margin	67,02 %	71,91 %	74,21 %	70,96 %