LØVAAS MASKIN AS

5258 BLOMSTERDALEN

Finances

Share Ownership

Return on Equity

13,3 %

Current Ratio

1,8

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	253 836 000	198 261 000	163 262 000	134 300 000
Net Income	6 251 000	2 123 000	7 966 000	3 354 000
Total Assets	101 885 000	96 028 000	89 158 000	74 768 000
Total Equity	46 990 000	43 739 000	46 616 000	38 651 000

Income (NOK)	2022	2021	2020	2019
Revenue	253 836 000	198 261 000	163 262 000	134 300 000
Expenditure	245 281 000	190 693 000	153 106 000	128 592 000
Operating Profit	8 555 000	7 567 000	10 156 000	5 707 000
Financial Income	109 000	430 000	148 000	286 000
Financial Costs	650 000	4 166 000	92 000	1 349 000
Financial Balance	−541 000	−3 736 000	56 000	−1 063 000
Earnings Before Tax	8 014 000	3 831 000	10 213 000	4 645 000
Tax	1 763 000	1 708 000	2 247 000	1 291 000
Net Income	6 251 000	2 123 000	7 966 000	3 354 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 724 000	29 411 000	30 074 000	28 916 000
Total Current Assets	78 161 000	66 617 000	59 084 000	45 852 000
Total Assets	101 885 000	96 028 000	89 158 000	74 768 000
Total Retained Equity	45 988 000	42 737 000	45 614 000	37 648 000
Total Equity	46 990 000	43 739 000	46 616 000	38 651 000
Total Long-Term Debt	11 544 000	6 330 000	3 698 000	2 502 000
Total Current Debt	43 350 000	45 958 000	38 843 000	33 616 000
Total Equity and Debt	101 885 000	96 028 000	89 158 000	74 768 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	253 687 000	198 165 000	163 032 000	134 278 000
Other Income	149 000	96 000	229 000	22 000
Revenue	253 836 000	198 261 000	163 262 000	134 300 000
Cost of Goods Sold	145 271 000	108 383 000	88 534 000	62 907 000
Salary Costs	67 418 000	54 362 000	41 486 000	44 556 000
Depreciation	6 268 000	5 222 000	3 955 000	3 359 000
Impairment	0	0	0	0
Expenditure	245 281 000	190 693 000	153 106 000	128 592 000
Operating Profit	8 555 000	7 567 000	10 156 000	5 707 000
Financial Income	109 000	430 000	148 000	286 000
Financial Costs	650 000	4 166 000	92 000	1 349 000
Financial Balance	−541 000	−3 736 000	56 000	−1 063 000
Dividends	3 000 000	5 000 000	0	0
Net Income	6 251 000	2 123 000	7 966 000	3 354 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	140 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	10 297 000	10 718 000	9 904 000	7 444 000
Fixtures	13 318 000	10 696 000	7 445 000	6 812 000
Total Tangible Assets	23 615 000	21 414 000	17 349 000	14 256 000
Total Fiancial Fixed Assets	109 000	7 997 000	12 725 000	14 520 000
Total Fixed Assets	23 724 000	29 411 000	30 074 000	28 916 000
Stock	3 486 000	1 912 000	1 473 000	821 000
Total Investments	0	0	0	0
Cash, Bank	12 987 000	1 987 000	8 533 000	6 631 000
Total Current Assets	78 161 000	66 617 000	59 084 000	45 852 000
Total Assets	101 885 000	96 028 000	89 158 000	74 768 000
Total Equity	46 990 000	43 739 000	46 616 000	38 651 000
Short-Term Group Debt	0	0	5 249 000	7 208 000
Total Long-Term Debt	11 544 000	6 330 000	3 698 000	2 502 000
Creditors	11 907 000	21 179 000	18 981 000	11 438 000
Unpaid Taxes	15 024 000	10 567 000	7 605 000	7 098 000
Dividends	3 000 000	5 000 000	0	0
Other Current Debt	11 549 000	8 451 000	7 009 000	7 872 000
Total Current Debt	43 350 000	45 958 000	38 843 000	33 616 000
Total Equity and Debt	101 885 000	96 028 000	89 158 000	74 768 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,3 %	4,85 %	17,09 %	8,68 %
Debt-to-Equity Ratio	0,25	0,14	0,08	0,06
Operating Profit Margin	3,37 %	3,82 %	6,22 %	4,25 %
Current Ratio	1,8	1,45	1,52	1,36
Quick Ratio	1,96	1,51	1,58	1,4
Equity Ratio	0,46	0,46	0,52	0,52
Gross Profit Margin	42,77 %	45,33 %	45,77 %	53,16 %