FINN LØKEN AS

1430 ÅS

Finances

Share Ownership

Return on Equity

6,64 %

Current Ratio

2,08

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 693 000	12 861 000	12 210 000	7 924 000
Net Income	236 000	3 088 000	1 602 000	−51 000
Total Assets	7 114 000	17 431 000	14 178 000	12 901 000
Total Equity	3 555 000	3 319 000	4 031 000	2 429 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 693 000	12 861 000	12 210 000	7 924 000
Expenditure	9 381 000	8 712 000	9 859 000	7 735 000
Operating Profit	313 000	4 148 000	2 351 000	189 000
Financial Income	2 000	1 000	2 000	1 000
Financial Costs	12 000	190 000	299 000	255 000
Financial Balance	−10 000	−189 000	−297 000	−254 000
Earnings Before Tax	303 000	3 960 000	2 054 000	−65 000
Tax	67 000	871 000	452 000	−14 000
Net Income	236 000	3 088 000	1 602 000	−51 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	133 000	150 000	8 822 000	8 896 000
Total Current Assets	6 981 000	17 281 000	5 356 000	4 005 000
Total Assets	7 114 000	17 431 000	14 178 000	12 901 000
Total Retained Equity	3 405 000	3 169 000	3 881 000	2 279 000
Total Equity	3 555 000	3 319 000	4 031 000	2 429 000
Total Long-Term Debt	200 000	7 496 000	7 522 000	7 828 000
Total Current Debt	3 359 000	6 616 000	2 625 000	2 644 000
Total Equity and Debt	7 114 000	17 431 000	14 178 000	12 901 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 693 000	11 259 000	12 210 000	7 924 000
Other Income	0	1 602 000	0	0
Revenue	9 693 000	12 861 000	12 210 000	7 924 000
Cost of Goods Sold	6 082 000	5 427 000	6 416 000	5 292 000
Salary Costs	1 661 000	1 501 000	1 379 000	951 000
Depreciation	99 000	227 000	265 000	251 000
Impairment	0	0	0	0
Expenditure	9 381 000	8 712 000	9 859 000	7 735 000
Operating Profit	313 000	4 148 000	2 351 000	189 000
Financial Income	2 000	1 000	2 000	1 000
Financial Costs	12 000	190 000	299 000	255 000
Financial Balance	−10 000	−189 000	−297 000	−254 000
Dividends	0	3 800 000	0	0
Net Income	236 000	3 088 000	1 602 000	−51 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	36 000
Real Eastate	80 000	16 000	8 606 000	8 562 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	53 000	134 000	216 000	298 000
Total Tangible Assets	133 000	150 000	8 822 000	8 860 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	133 000	150 000	8 822 000	8 896 000
Stock	5 681 000	4 754 000	4 023 000	2 868 000
Total Investments	0	0	0	0
Cash, Bank	524 000	1 120 000	475 000	132 000
Total Current Assets	6 981 000	17 281 000	5 356 000	4 005 000
Total Assets	7 114 000	17 431 000	14 178 000	12 901 000
Total Equity	3 555 000	3 319 000	4 031 000	2 429 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	200 000	7 496 000	7 522 000	7 828 000
Creditors	713 000	830 000	691 000	902 000
Unpaid Taxes	298 000	549 000	509 000	219 000
Dividends	0	3 800 000	0	0
Other Current Debt	2 206 000	786 000	1 063 000	970 000
Total Current Debt	3 359 000	6 616 000	2 625 000	2 644 000
Total Equity and Debt	7 114 000	17 431 000	14 178 000	12 901 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,64 %	93,04 %	39,74 %	−2,1 %
Debt-to-Equity Ratio	0,06	2,26	1,87	3,22
Operating Profit Margin	3,23 %	32,25 %	19,25 %	2,39 %
Current Ratio	2,08	2,61	2,04	1,51
Quick Ratio	−3,01	9,28	−3,83	−17,88
Equity Ratio	0,5	0,19	0,28	0,19
Gross Profit Margin	37,25 %	57,8 %	47,45 %	33,22 %