LOVEL AS

7081 SJETNEMARKA

Finances

Share Ownership

Return on Equity

−4,89 %

Current Ratio

1,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 483 000	2 454 000	2 195 000	1 887 000
Net Income	−11 000	152 000	16 000	71 000
Total Assets	971 000	954 000	489 000	420 000
Total Equity	225 000	237 000	85 000	95 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 483 000	2 454 000	2 195 000	1 887 000
Expenditure	2 478 000	2 288 000	2 169 000	1 794 000
Operating Profit	6 000	165 000	27 000	93 000
Financial Income	3 000	3 000	3 000	0
Financial Costs	0	0	0	0
Financial Balance	3 000	3 000	3 000	0
Earnings Before Tax	8 000	168 000	30 000	93 000
Tax	20 000	16 000	13 000	23 000
Net Income	−11 000	152 000	16 000	71 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	153 000	282 000	53 000	98 000
Total Current Assets	818 000	672 000	436 000	321 000
Total Assets	971 000	954 000	489 000	420 000
Total Retained Equity	201 000	212 000	60 000	71 000
Total Equity	225 000	237 000	85 000	95 000
Total Long-Term Debt	0	8 000	2 000	2 000
Total Current Debt	746 000	709 000	403 000	323 000
Total Equity and Debt	971 000	954 000	489 000	420 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 483 000	2 393 000	2 195 000	1 887 000
Other Income	0	61 000	0	0
Revenue	2 483 000	2 454 000	2 195 000	1 887 000
Cost of Goods Sold	948 000	993 000	645 000	598 000
Salary Costs	1 148 000	1 037 000	1 314 000	949 000
Depreciation	129 000	52 000	45 000	37 000
Impairment	0	0	0	0
Expenditure	2 478 000	2 288 000	2 169 000	1 794 000
Operating Profit	6 000	165 000	27 000	93 000
Financial Income	3 000	3 000	3 000	0
Financial Costs	0	0	0	0
Financial Balance	3 000	3 000	3 000	0
Dividends	0	0	0	0
Net Income	−11 000	152 000	16 000	71 000

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	153 000	282 000	53 000	98 000
Total Tangible Assets	153 000	282 000	53 000	98 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	153 000	282 000	53 000	98 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	357 000	337 000	393 000	165 000
Total Current Assets	818 000	672 000	436 000	321 000
Total Assets	971 000	954 000	489 000	420 000
Total Equity	225 000	237 000	85 000	95 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	8 000	2 000	2 000
Creditors	182 000	103 000	37 000	13 000
Unpaid Taxes	256 000	270 000	230 000	138 000
Dividends	0	0	0	0
Other Current Debt	292 000	327 000	124 000	151 000
Total Current Debt	746 000	709 000	403 000	323 000
Total Equity and Debt	971 000	954 000	489 000	420 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,89 %	64,14 %	18,82 %	74,74 %
Debt-to-Equity Ratio	0	0,03	0,02	0,02
Operating Profit Margin	0,24 %	6,72 %	1,23 %	4,93 %
Current Ratio	1,1	0,95	1,08	0,99
Quick Ratio	1,1	0,95	1,08	0,99
Equity Ratio	0,23	0,25	0,17	0,23
Gross Profit Margin	61,82 %	59,54 %	70,62 %	68,31 %