LOFSTAD MASKIN AS

3282 KVELDE

Finances

Share Ownership

Return on Equity

61,51 %

Current Ratio

2,02

Debt-to-Equity Ratio

0,49

Key figures (NOK)	2022	2021	2020
Revenue	20 617 000	10 111 000	11 092 000
Net Income	1 785 000	1 367 000	233 000
Total Assets	7 123 000	5 084 000	2 723 000
Total Equity	2 902 000	1 381 000	172 000

Income (NOK)	2022	2021	2020
Revenue	20 617 000	10 111 000	11 092 000
Expenditure	18 306 000	8 329 000	10 916 000
Operating Profit	2 311 000	1 782 000	176 000
Financial Income	1 000	0	104 000
Financial Costs	9 000	14 000	10 000
Financial Balance	−8 000	−14 000	94 000
Earnings Before Tax	2 303 000	1 768 000	270 000
Tax	518 000	401 000	37 000
Net Income	1 785 000	1 367 000	233 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 463 000	910 000	894 000
Total Current Assets	5 660 000	4 174 000	1 829 000
Total Assets	7 123 000	5 084 000	2 723 000
Total Retained Equity	2 853 000	1 332 000	123 000
Total Equity	2 902 000	1 381 000	172 000
Total Long-Term Debt	1 423 000	1 609 000	1 646 000
Total Current Debt	2 798 000	2 094 000	906 000
Total Equity and Debt	7 123 000	5 084 000	2 723 000

Cash flow (NOK)	2022	2021	2020
Sales Income	20 519 000	9 959 000	10 954 000
Other Income	98 000	152 000	138 000
Revenue	20 617 000	10 111 000	11 092 000
Cost of Goods Sold	12 180 000	3 224 000	5 309 000
Salary Costs	1 295 000	1 991 000	2 193 000
Depreciation	335 000	230 000	169 000
Impairment	0	0	0
Expenditure	18 306 000	8 329 000	10 916 000
Operating Profit	2 311 000	1 782 000	176 000
Financial Income	1 000	0	104 000
Financial Costs	9 000	14 000	10 000
Financial Balance	−8 000	−14 000	94 000
Dividends	0	100 000	0
Net Income	1 785 000	1 367 000	233 000

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	1 368 000	788 000	864 000
Total Tangible Assets	1 368 000	788 000	864 000
Total Fiancial Fixed Assets	94 000	122 000	30 000
Total Fixed Assets	1 463 000	910 000	894 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 966 000	1 939 000	1 253 000
Total Current Assets	5 660 000	4 174 000	1 829 000
Total Assets	7 123 000	5 084 000	2 723 000
Total Equity	2 902 000	1 381 000	172 000
Short-Term Group Debt	431 000	93 000	20 000
Total Long-Term Debt	1 423 000	1 609 000	1 646 000
Creditors	1 531 000	924 000	252 000
Unpaid Taxes	158 000	440 000	245 000
Dividends	0	100 000	0
Other Current Debt	241 000	281 000	390 000
Total Current Debt	2 798 000	2 094 000	906 000
Total Equity and Debt	7 123 000	5 084 000	2 723 000

Financial indicators	2022	2021	2020
Return on Equity	61,51 %	98,99 %	135,47 %
Debt-to-Equity Ratio	0,49	1,17	9,57
Operating Profit Margin	11,21 %	17,62 %	1,59 %
Current Ratio	2,02	1,99	2,02
Quick Ratio	2,02	1,99	2,02
Equity Ratio	0,41	0,27	0,06
Gross Profit Margin	40,92 %	68,11 %	52,14 %