LØFT NORGE AS

7010 TRONDHEIM

Finances

Share Ownership

Return on Equity

230,07 %

Current Ratio

1,1

Debt-to-Equity Ratio

1,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	72 131 000	33 583 000	16 527 000	2 934 000
Net Income	1 974 000	623 000	89 000	−52 000
Total Assets	12 043 000	2 841 000	2 530 000	1 278 000
Total Equity	858 000	84 000	62 000	−28 000

Income (NOK)	2022	2021	2020	2019
Revenue	72 131 000	33 583 000	16 527 000	2 934 000
Expenditure	69 550 000	32 748 000	16 347 000	2 995 000
Operating Profit	2 581 000	836 000	180 000	−61 000
Financial Income	62 000	1 000	0	1 000
Financial Costs	112 000	38 000	64 000	9 000
Financial Balance	−50 000	−37 000	−64 000	−8 000
Earnings Before Tax	2 531 000	798 000	116 000	−68 000
Tax	558 000	176 000	27 000	−16 000
Net Income	1 974 000	623 000	89 000	−52 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 192 000	992 000	1 201 000	1 192 000
Total Current Assets	10 851 000	1 848 000	1 329 000	85 000
Total Assets	12 043 000	2 841 000	2 530 000	1 278 000
Total Retained Equity	833 000	60 000	37 000	−52 000
Total Equity	858 000	84 000	62 000	−28 000
Total Long-Term Debt	1 358 000	1 215 000	1 274 000	1 234 000
Total Current Debt	9 828 000	1 541 000	1 195 000	71 000
Total Equity and Debt	12 043 000	2 841 000	2 530 000	1 278 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	72 632 000	33 553 000	16 440 000	2 934 000
Other Income	−501 000	30 000	88 000	0
Revenue	72 131 000	33 583 000	16 527 000	2 934 000
Cost of Goods Sold	64 530 000	29 900 000	14 684 000	2 359 000
Salary Costs	3 625 000	2 169 000	1 138 000	258 000
Depreciation	271 000	91 000	214 000	62 000
Impairment	0	0	0	0
Expenditure	69 550 000	32 748 000	16 347 000	2 995 000
Operating Profit	2 581 000	836 000	180 000	−61 000
Financial Income	62 000	1 000	0	1 000
Financial Costs	112 000	38 000	64 000	9 000
Financial Balance	−50 000	−37 000	−64 000	−8 000
Dividends	1 200 000	600 000	0	0
Net Income	1 974 000	623 000	89 000	−52 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	16 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 127 000	992 000	1 201 000	1 176 000
Total Tangible Assets	1 127 000	992 000	1 201 000	1 176 000
Total Fiancial Fixed Assets	65 000	0	0	0
Total Fixed Assets	1 192 000	992 000	1 201 000	1 192 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 152 000	465 000	823 000	72 000
Total Current Assets	10 851 000	1 848 000	1 329 000	85 000
Total Assets	12 043 000	2 841 000	2 530 000	1 278 000
Total Equity	858 000	84 000	62 000	−28 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 358 000	1 215 000	1 274 000	1 234 000
Creditors	3 006 000	68 000	809 000	43 000
Unpaid Taxes	436 000	93 000	128 000	0
Dividends	1 200 000	600 000	0	0
Other Current Debt	4 616 000	704 000	258 000	27 000
Total Current Debt	9 828 000	1 541 000	1 195 000	71 000
Total Equity and Debt	12 043 000	2 841 000	2 530 000	1 278 000

Financial indicators	2022	2021	2020	2019
Return on Equity	230,07 %	741,67 %	143,55 %	185,71 %
Debt-to-Equity Ratio	1,58	14,46	20,55	−44,07
Operating Profit Margin	3,58 %	2,49 %	1,09 %	−2,08 %
Current Ratio	1,1	1,2	1,11	1,2
Quick Ratio	1,1	1,2	1,11	1,2
Equity Ratio	0,07	0,03	0,02	−0,02
Gross Profit Margin	10,54 %	10,97 %	11,15 %	19,6 %