LØSETH AS

9020 TROMSDALEN

Finances

Return on Equity

29,11 %

Current Ratio

8,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	299 000	266 000	250 000
Net Income	124 000	103 000	155 000
Total Assets	477 000	538 000	455 000
Total Equity	426 000	302 000	199 000

Income (NOK)	2022	2021	2020
Revenue	299 000	266 000	250 000
Expenditure	129 000	135 000	52 000
Operating Profit	170 000	132 000	199 000
Financial Income	0	0	0
Financial Costs	1 000	0	0
Financial Balance	−1 000	0	0
Earnings Before Tax	169 000	132 000	199 000
Tax	46 000	29 000	44 000
Net Income	124 000	103 000	155 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	66 000	84 000	135 000
Total Current Assets	411 000	453 000	320 000
Total Assets	477 000	538 000	455 000
Total Retained Equity	376 000	258 000	155 000
Total Equity	426 000	302 000	199 000
Total Long-Term Debt	0	0	0
Total Current Debt	51 000	235 000	256 000
Total Equity and Debt	477 000	538 000	455 000

Cash flow (NOK)	2022	2021	2020
Sales Income	299 000	266 000	250 000
Other Income	0	0	0
Revenue	299 000	266 000	250 000
Cost of Goods Sold	0	0	0
Salary Costs	11 000	10 000	0
Depreciation	51 000	51 000	17 000
Impairment	0	0	0
Expenditure	129 000	135 000	52 000
Operating Profit	170 000	132 000	199 000
Financial Income	0	0	0
Financial Costs	1 000	0	0
Financial Balance	−1 000	0	0
Dividends	0	0	0
Net Income	124 000	103 000	155 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	34 000	84 000	135 000
Total Tangible Assets	34 000	84 000	135 000
Total Fiancial Fixed Assets	32 000	0	0
Total Fixed Assets	66 000	84 000	135 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	407 000	453 000	320 000
Total Current Assets	411 000	453 000	320 000
Total Assets	477 000	538 000	455 000
Total Equity	426 000	302 000	199 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	4 000	7 000	3 000
Unpaid Taxes	0	63 000	57 000
Dividends	0	0	0
Other Current Debt	3 000	132 000	152 000
Total Current Debt	51 000	235 000	256 000
Total Equity and Debt	477 000	538 000	455 000

Financial indicators	2022	2021	2020
Return on Equity	29,11 %	34,11 %	77,89 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	56,86 %	49,62 %	79,6 %
Current Ratio	8,06	1,93	1,25
Quick Ratio	8,06	1,93	1,25
Equity Ratio	0,89	0,56	0,44
Gross Profit Margin	100 %	100 %	100 %