J LØVHEIM MASKIN AS

3677 NOTODDEN

Finances

Share Ownership

Return on Equity

6,75 %

Current Ratio

2,55

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 618 000	21 628 000	20 239 000	17 684 000
Net Income	440 000	1 445 000	602 000	456 000
Total Assets	10 685 000	9 901 000	8 231 000	7 013 000
Total Equity	6 518 000	6 078 000	4 633 000	4 031 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 618 000	21 628 000	20 239 000	17 684 000
Expenditure	19 959 000	19 672 000	19 390 000	16 928 000
Operating Profit	659 000	1 955 000	849 000	755 000
Financial Income	9 000	4 000	4 000	4 000
Financial Costs	94 000	86 000	99 000	137 000
Financial Balance	−85 000	−82 000	−95 000	−133 000
Earnings Before Tax	574 000	1 873 000	754 000	622 000
Tax	134 000	428 000	152 000	166 000
Net Income	440 000	1 445 000	602 000	456 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	999 000	906 000	870 000	546 000
Total Current Assets	9 686 000	8 995 000	7 361 000	6 467 000
Total Assets	10 685 000	9 901 000	8 231 000	7 013 000
Total Retained Equity	6 418 000	5 978 000	4 533 000	3 931 000
Total Equity	6 518 000	6 078 000	4 633 000	4 031 000
Total Long-Term Debt	369 000	432 000	490 000	0
Total Current Debt	3 798 000	3 391 000	3 107 000	2 983 000
Total Equity and Debt	10 685 000	9 901 000	8 231 000	7 013 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 618 000	21 643 000	19 953 000	17 673 000
Other Income	0	−15 000	286 000	11 000
Revenue	20 618 000	21 628 000	20 239 000	17 684 000
Cost of Goods Sold	15 590 000	15 549 000	15 459 000	13 177 000
Salary Costs	2 974 000	2 869 000	2 761 000	2 608 000
Depreciation	158 000	211 000	241 000	240 000
Impairment	0	0	0	0
Expenditure	19 959 000	19 672 000	19 390 000	16 928 000
Operating Profit	659 000	1 955 000	849 000	755 000
Financial Income	9 000	4 000	4 000	4 000
Financial Costs	94 000	86 000	99 000	137 000
Financial Balance	−85 000	−82 000	−95 000	−133 000
Dividends	0	0	0	0
Net Income	440 000	1 445 000	602 000	456 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	367 000	192 000	224 000	255 000
Machinery and Plant Facilities	497 000	612 000	531 000	46 000
Fixtures	91 000	24 000	115 000	245 000
Total Tangible Assets	955 000	829 000	870 000	546 000
Total Fiancial Fixed Assets	44 000	78 000	0	0
Total Fixed Assets	999 000	906 000	870 000	546 000
Stock	7 502 000	5 368 000	5 091 000	5 033 000
Total Investments	0	0	0	0
Cash, Bank	173 000	1 798 000	150 000	120 000
Total Current Assets	9 686 000	8 995 000	7 361 000	6 467 000
Total Assets	10 685 000	9 901 000	8 231 000	7 013 000
Total Equity	6 518 000	6 078 000	4 633 000	4 031 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	369 000	432 000	490 000	0
Creditors	2 907 000	1 892 000	2 011 000	1 374 000
Unpaid Taxes	331 000	654 000	207 000	436 000
Dividends	0	0	0	0
Other Current Debt	413 000	417 000	433 000	462 000
Total Current Debt	3 798 000	3 391 000	3 107 000	2 983 000
Total Equity and Debt	10 685 000	9 901 000	8 231 000	7 013 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,75 %	23,77 %	12,99 %	11,31 %
Debt-to-Equity Ratio	0,06	0,07	0,11	0
Operating Profit Margin	3,2 %	9,04 %	4,19 %	4,27 %
Current Ratio	2,55	2,65	2,37	2,17
Quick Ratio	−2,62	−4,55	−3,71	−3,15
Equity Ratio	0,61	0,61	0,56	0,57
Gross Profit Margin	24,39 %	28,11 %	23,62 %	25,49 %