LØLAND VVS AS

5382 SKOGSVÅG

Finances

Return on Equity

−111,95 %

Current Ratio

1,51

Debt-to-Equity Ratio

2,33

Key figures (NOK)	2022	2021	2020
Revenue	8 257 000	12 146 000	6 255 000
Net Income	−946 000	1 228 000	502 000
Total Assets	4 477 000	3 823 000	2 283 000
Total Equity	845 000	1 790 000	562 000

Income (NOK)	2022	2021	2020
Revenue	8 257 000	12 146 000	6 255 000
Expenditure	9 295 000	10 565 000	5 576 000
Operating Profit	−838 000	1 628 000	679 000
Financial Income	0	0	1 000
Financial Costs	117 000	54 000	35 000
Financial Balance	−117 000	−54 000	−34 000
Earnings Before Tax	−954 000	1 575 000	644 000
Tax	−9 000	347 000	142 000
Net Income	−946 000	1 228 000	502 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 969 000	754 000	841 000
Total Current Assets	2 508 000	3 068 000	1 442 000
Total Assets	4 477 000	3 823 000	2 283 000
Total Retained Equity	785 000	1 730 000	502 000
Total Equity	845 000	1 790 000	562 000
Total Long-Term Debt	1 971 000	632 000	648 000
Total Current Debt	1 662 000	1 400 000	1 072 000
Total Equity and Debt	4 477 000	3 823 000	2 283 000

Cash flow (NOK)	2022	2021	2020
Sales Income	8 245 000	12 146 000	6 255 000
Other Income	12 000	0	0
Revenue	8 257 000	12 146 000	6 255 000
Cost of Goods Sold	3 298 000	5 855 000	3 372 000
Salary Costs	3 825 000	3 243 000	1 445 000
Depreciation	362 000	227 000	78 000
Impairment	0	0	0
Expenditure	9 295 000	10 565 000	5 576 000
Operating Profit	−838 000	1 628 000	679 000
Financial Income	0	0	1 000
Financial Costs	117 000	54 000	35 000
Financial Balance	−117 000	−54 000	−34 000
Dividends	0	0	0
Net Income	−946 000	1 228 000	502 000

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	1 261 000	627 000	0
Fixtures	688 000	107 000	821 000
Total Tangible Assets	1 949 000	734 000	821 000
Total Fiancial Fixed Assets	20 000	20 000	20 000
Total Fixed Assets	1 969 000	754 000	841 000
Stock	283 000	83 000	36 000
Total Investments	0	0	0
Cash, Bank	240 000	1 766 000	288 000
Total Current Assets	2 508 000	3 068 000	1 442 000
Total Assets	4 477 000	3 823 000	2 283 000
Total Equity	845 000	1 790 000	562 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 971 000	632 000	648 000
Creditors	625 000	291 000	109 000
Unpaid Taxes	658 000	399 000	372 000
Dividends	0	0	0
Other Current Debt	379 000	335 000	487 000
Total Current Debt	1 662 000	1 400 000	1 072 000
Total Equity and Debt	4 477 000	3 823 000	2 283 000

Financial indicators	2022	2021	2020
Return on Equity	−111,95 %	68,6 %	89,32 %
Debt-to-Equity Ratio	2,33	0,35	1,15
Operating Profit Margin	−10,15 %	13,4 %	10,86 %
Current Ratio	1,51	2,19	1,35
Quick Ratio	1,82	2,33	1,39
Equity Ratio	0,19	0,47	0,25
Gross Profit Margin	60,06 %	51,79 %	46,09 %