LØKEN BILSERVICE AS

1960 LØKEN

Finances

Share Ownership

Return on Equity

−153,57 %

Current Ratio

1,26

Debt-to-Equity Ratio

−2,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 934 000	4 332 000	3 880 000	2 491 000
Net Income	172 000	60 000	−141 000	−40 000
Total Assets	590 000	714 000	562 000	409 000
Total Equity	−112 000	−283 000	−343 000	−202 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 934 000	4 332 000	3 880 000	2 491 000
Expenditure	3 664 000	4 233 000	4 017 000	2 522 000
Operating Profit	270 000	99 000	−137 000	−30 000
Financial Income	0	1 000	0	0
Financial Costs	10 000	23 000	44 000	75 000
Financial Balance	−10 000	−22 000	−44 000	−75 000
Earnings Before Tax	260 000	77 000	−181 000	−106 000
Tax	89 000	17 000	−40 000	−66 000
Net Income	172 000	60 000	−141 000	−40 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	60 000	152 000	201 000	215 000
Total Current Assets	530 000	562 000	361 000	194 000
Total Assets	590 000	714 000	562 000	409 000
Total Retained Equity	−142 000	−313 000	−373 000	−232 000
Total Equity	−112 000	−283 000	−343 000	−202 000
Total Long-Term Debt	279 000	570 000	436 000	219 000
Total Current Debt	422 000	426 000	469 000	392 000
Total Equity and Debt	590 000	714 000	562 000	409 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 843 000	4 246 000	3 824 000	2 491 000
Other Income	91 000	85 000	56 000	0
Revenue	3 934 000	4 332 000	3 880 000	2 491 000
Cost of Goods Sold	1 587 000	1 863 000	2 178 000	1 471 000
Salary Costs	1 230 000	1 359 000	1 001 000	668 000
Depreciation	35 000	37 000	0	0
Impairment	0	0	0	0
Expenditure	3 664 000	4 233 000	4 017 000	2 522 000
Operating Profit	270 000	99 000	−137 000	−30 000
Financial Income	0	1 000	0	0
Financial Costs	10 000	23 000	44 000	75 000
Financial Balance	−10 000	−22 000	−44 000	−75 000
Dividends	0	0	0	0
Net Income	172 000	60 000	−141 000	−40 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	89 000	106 000	66 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	60 000	63 000	95 000	149 000
Total Tangible Assets	60 000	63 000	95 000	149 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	60 000	152 000	201 000	215 000
Stock	70 000	45 000	16 000	41 000
Total Investments	0	0	300 000	0
Cash, Bank	340 000	397 000	104 000	84 000
Total Current Assets	530 000	562 000	361 000	194 000
Total Assets	590 000	714 000	562 000	409 000
Total Equity	−112 000	−283 000	−343 000	−202 000
Short-Term Group Debt	0	0	0	54 000
Total Long-Term Debt	279 000	570 000	436 000	219 000
Creditors	204 000	126 000	139 000	−4 000
Unpaid Taxes	106 000	148 000	157 000	140 000
Dividends	0	0	0	0
Other Current Debt	112 000	152 000	173 000	−106 000
Total Current Debt	422 000	426 000	469 000	392 000
Total Equity and Debt	590 000	714 000	562 000	409 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−153,57 %	−21,2 %	41,11 %	19,8 %
Debt-to-Equity Ratio	−2,49	−2,01	−1,27	−1,08
Operating Profit Margin	6,86 %	2,29 %	−3,53 %	−1,2 %
Current Ratio	1,26	1,32	0,77	0,49
Quick Ratio	1,51	1,48	0,8	0,55
Equity Ratio	−0,19	−0,4	−0,61	−0,49
Gross Profit Margin	59,66 %	56,99 %	43,87 %	40,95 %