LØVOLD LYD AS

6631 BATNFJORDSØRA

Finances

Share Ownership

Return on Equity

127,42 %

Current Ratio

0,26

Debt-to-Equity Ratio

−0,02

Key figures (NOK)	2022	2021	2020
Revenue	1 170 000	1 048 000	113 000
Net Income	−158 000	39 000	−35 000
Total Assets	152 000	257 000	136 000
Total Equity	−124 000	34 000	−10 000

Income (NOK)	2022	2021	2020
Revenue	1 170 000	1 048 000	113 000
Expenditure	815 000	983 000	158 000
Operating Profit	−116 000	65 000	−45 000
Financial Income	0	0	0
Financial Costs	29 000	10 000	0
Financial Balance	−29 000	−10 000	0
Earnings Before Tax	−145 000	55 000	−45 000
Tax	13 000	16 000	−10 000
Net Income	−158 000	39 000	−35 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	80 000	158 000	108 000
Total Current Assets	72 000	99 000	28 000
Total Assets	152 000	257 000	136 000
Total Retained Equity	−154 000	4 000	−35 000
Total Equity	−124 000	34 000	−10 000
Total Long-Term Debt	2 000	2 000	0
Total Current Debt	274 000	221 000	146 000
Total Equity and Debt	152 000	257 000	136 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 169 000	1 011 000	113 000
Other Income	1 000	37 000	0
Revenue	1 170 000	1 048 000	113 000
Cost of Goods Sold	0	330 000	60 000
Salary Costs	117 000	25 000	0
Depreciation	26 000	21 000	9 000
Impairment	0	0	0
Expenditure	815 000	983 000	158 000
Operating Profit	−116 000	65 000	−45 000
Financial Income	0	0	0
Financial Costs	29 000	10 000	0
Financial Balance	−29 000	−10 000	0
Dividends	0	0	0
Net Income	−158 000	39 000	−35 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	2 000	0	10 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	79 000	77 000	98 000
Total Tangible Assets	79 000	77 000	98 000
Total Fiancial Fixed Assets	0	81 000	0
Total Fixed Assets	80 000	158 000	108 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	20 000	1 000	0
Total Current Assets	72 000	99 000	28 000
Total Assets	152 000	257 000	136 000
Total Equity	−124 000	34 000	−10 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	2 000	2 000	0
Creditors	208 000	196 000	146 000
Unpaid Taxes	43 000	16 000	0
Dividends	0	0	0
Other Current Debt	9 000	5 000	0
Total Current Debt	274 000	221 000	146 000
Total Equity and Debt	152 000	257 000	136 000

Financial indicators	2022	2021	2020
Return on Equity	127,42 %	114,71 %	350 %
Debt-to-Equity Ratio	−0,02	0,06	−0
Operating Profit Margin	−9,91 %	6,2 %	−39,82 %
Current Ratio	0,26	0,45	0,19
Quick Ratio	0,26	0,45	0,19
Equity Ratio	−0,82	0,13	−0,07
Gross Profit Margin	100 %	68,51 %	46,9 %