LOVISENRO SVEIS OG TRAKTOR AS

4790 LILLESAND

Finances

Share Ownership

Return on Equity

140,76 %

Current Ratio

1,94

Debt-to-Equity Ratio

5,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	831 000	246 000	390 000	316 000
Net Income	297 000	−126 000	−41 000	50 000
Total Assets	1 509 000	1 327 000	1 523 000	1 633 000
Total Equity	211 000	−86 000	40 000	80 000

Income (NOK)	2022	2021	2020	2019
Revenue	831 000	246 000	390 000	316 000
Expenditure	471 000	364 000	427 000	232 000
Operating Profit	360 000	−118 000	−37 000	84 000
Financial Income	0	1 000	1 000	1 000
Financial Costs	12 000	12 000	15 000	20 000
Financial Balance	−12 000	−11 000	−14 000	−19 000
Earnings Before Tax	349 000	−129 000	−52 000	65 000
Tax	51 000	−3 000	−11 000	14 000
Net Income	297 000	−126 000	−41 000	50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 142 000	1 293 000	1 439 000	1 385 000
Total Current Assets	367 000	34 000	84 000	248 000
Total Assets	1 509 000	1 327 000	1 523 000	1 633 000
Total Retained Equity	181 000	−116 000	10 000	50 000
Total Equity	211 000	−86 000	40 000	80 000
Total Long-Term Debt	1 109 000	1 307 000	1 390 000	1 407 000
Total Current Debt	189 000	105 000	93 000	146 000
Total Equity and Debt	1 509 000	1 327 000	1 523 000	1 633 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	831 000	246 000	390 000	316 000
Other Income	0	0	0	0
Revenue	831 000	246 000	390 000	316 000
Cost of Goods Sold	96 000	62 000	129 000	93 000
Salary Costs	0	0	0	0
Depreciation	194 000	185 000	172 000	57 000
Impairment	0	0	0	0
Expenditure	471 000	364 000	427 000	232 000
Operating Profit	360 000	−118 000	−37 000	84 000
Financial Income	0	1 000	1 000	1 000
Financial Costs	12 000	12 000	15 000	20 000
Financial Balance	−12 000	−11 000	−14 000	−19 000
Dividends	0	0	0	0
Net Income	297 000	−126 000	−41 000	50 000

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	1 142 000	1 293 000	1 439 000	1 385 000
Fixtures	0	0	0	0
Total Tangible Assets	1 142 000	1 293 000	1 439 000	1 385 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 142 000	1 293 000	1 439 000	1 385 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	277 000	19 000	84 000	222 000
Total Current Assets	367 000	34 000	84 000	248 000
Total Assets	1 509 000	1 327 000	1 523 000	1 633 000
Total Equity	211 000	−86 000	40 000	80 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 109 000	1 307 000	1 390 000	1 407 000
Creditors	63 000	9 000	1 000	9 000
Unpaid Taxes	35 000	4 000	0	12 000
Dividends	0	0	0	0
Other Current Debt	92 000	92 000	92 000	125 000
Total Current Debt	189 000	105 000	93 000	146 000
Total Equity and Debt	1 509 000	1 327 000	1 523 000	1 633 000

Financial indicators	2022	2021	2020	2019
Return on Equity	140,76 %	146,51 %	−102,5 %	62,5 %
Debt-to-Equity Ratio	5,26	−15,2	34,75	17,59
Operating Profit Margin	43,32 %	−47,97 %	−9,49 %	26,58 %
Current Ratio	1,94	0,32	0,9	1,7
Quick Ratio	1,94	0,32	0,9	1,7
Equity Ratio	0,14	−0,06	0,03	0,05
Gross Profit Margin	88,45 %	74,8 %	66,92 %	70,57 %