OLE LØVOLD AS

6533 AVERØY

Finances

Return on Equity

12,27 %

Current Ratio

3,38

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	35 437 000	31 410 000	33 680 000	32 103 000
Net Income	4 143 000	4 535 000	4 467 000	3 473 000
Total Assets	43 656 000	40 719 000	39 440 000	38 191 000
Total Equity	33 755 000	33 612 000	31 286 000	28 819 000

Income (NOK)	2022	2021	2020	2019
Revenue	35 437 000	31 410 000	33 680 000	32 103 000
Expenditure	30 639 000	26 138 000	28 388 000	28 237 000
Operating Profit	4 799 000	5 272 000	5 291 000	3 866 000
Financial Income	829 000	509 000	475 000	574 000
Financial Costs	258 000	14 000	38 000	3 000
Financial Balance	571 000	495 000	437 000	571 000
Earnings Before Tax	5 370 000	5 767 000	5 728 000	4 437 000
Tax	1 228 000	1 231 000	1 261 000	964 000
Net Income	4 143 000	4 535 000	4 467 000	3 473 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 149 000	11 344 000	7 025 000	5 257 000
Total Current Assets	32 507 000	29 375 000	32 415 000	32 934 000
Total Assets	43 656 000	40 719 000	39 440 000	38 191 000
Total Retained Equity	33 194 000	33 051 000	30 725 000	28 258 000
Total Equity	33 755 000	33 612 000	31 286 000	28 819 000
Total Long-Term Debt	275 000	344 000	393 000	367 000
Total Current Debt	9 625 000	6 762 000	7 761 000	9 004 000
Total Equity and Debt	43 656 000	40 719 000	39 440 000	38 191 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 346 000	31 170 000	33 074 000	32 025 000
Other Income	91 000	240 000	606 000	78 000
Revenue	35 437 000	31 410 000	33 680 000	32 103 000
Cost of Goods Sold	17 518 000	13 549 000	15 251 000	15 270 000
Salary Costs	5 752 000	5 916 000	6 230 000	6 094 000
Depreciation	1 101 000	1 100 000	1 107 000	1 253 000
Impairment	0	0	0	0
Expenditure	30 639 000	26 138 000	28 388 000	28 237 000
Operating Profit	4 799 000	5 272 000	5 291 000	3 866 000
Financial Income	829 000	509 000	475 000	574 000
Financial Costs	258 000	14 000	38 000	3 000
Financial Balance	571 000	495 000	437 000	571 000
Dividends	4 000 000	2 100 000	2 000 000	4 000 000
Net Income	4 143 000	4 535 000	4 467 000	3 473 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	603 000	633 000	664 000	695 000
Machinery and Plant Facilities	3 180 000	2 944 000	2 928 000	2 617 000
Fixtures	772 000	1 186 000	1 107 000	1 362 000
Total Tangible Assets	4 555 000	4 763 000	4 699 000	4 674 000
Total Fiancial Fixed Assets	6 594 000	6 581 000	2 326 000	583 000
Total Fixed Assets	11 149 000	11 344 000	7 025 000	5 257 000
Stock	2 819 000	2 753 000	2 808 000	3 896 000
Total Investments	5 199 000	445 000	288 000	303 000
Cash, Bank	21 946 000	24 077 000	26 820 000	24 594 000
Total Current Assets	32 507 000	29 375 000	32 415 000	32 934 000
Total Assets	43 656 000	40 719 000	39 440 000	38 191 000
Total Equity	33 755 000	33 612 000	31 286 000	28 819 000
Short-Term Group Debt	0	140 000	0	0
Total Long-Term Debt	275 000	344 000	393 000	367 000
Creditors	2 831 000	1 802 000	2 639 000	2 388 000
Unpaid Taxes	607 000	567 000	883 000	651 000
Dividends	4 000 000	2 100 000	2 000 000	4 000 000
Other Current Debt	921 000	935 000	1 040 000	984 000
Total Current Debt	9 625 000	6 762 000	7 761 000	9 004 000
Total Equity and Debt	43 656 000	40 719 000	39 440 000	38 191 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,27 %	13,49 %	14,28 %	12,05 %
Debt-to-Equity Ratio	0,01	0,01	0,01	0,01
Operating Profit Margin	13,54 %	16,78 %	15,71 %	12,04 %
Current Ratio	3,38	4,34	4,18	3,66
Quick Ratio	4,78	7,33	6,54	6,45
Equity Ratio	0,77	0,83	0,79	0,75
Gross Profit Margin	50,57 %	56,86 %	54,72 %	52,43 %