LØVAAS EIENDOM AS

3085 HOLMESTRAND

Finances

Return on Equity

−2,85 %

Current Ratio

2,74

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	350 000	333 000	333 000	317 000
Net Income	−65 000	224 000	274 000	433 000
Total Assets	3 098 000	3 662 000	3 651 000	3 867 000
Total Equity	2 277 000	2 842 000	3 119 000	3 045 000

Income (NOK)	2022	2021	2020	2019
Revenue	350 000	333 000	333 000	317 000
Expenditure	133 000	128 000	153 000	142 000
Operating Profit	217 000	206 000	181 000	176 000
Financial Income	14 000	73 000	144 000	307 000
Financial Costs	245 000	4 000	0	0
Financial Balance	−231 000	69 000	144 000	307 000
Earnings Before Tax	−15 000	275 000	325 000	483 000
Tax	50 000	51 000	51 000	51 000
Net Income	−65 000	224 000	274 000	433 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 337 000	1 616 000	1 673 000	1 729 000
Total Current Assets	1 762 000	2 046 000	1 979 000	2 138 000
Total Assets	3 098 000	3 662 000	3 651 000	3 867 000
Total Retained Equity	676 000	1 241 000	1 517 000	1 443 000
Total Equity	2 277 000	2 842 000	3 119 000	3 045 000
Total Long-Term Debt	177 000	181 000	189 000	195 000
Total Current Debt	644 000	639 000	344 000	627 000
Total Equity and Debt	3 098 000	3 662 000	3 651 000	3 867 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	350 000	333 000	333 000	317 000
Revenue	350 000	333 000	333 000	317 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 000	1 000	1 000	1 000
Depreciation	58 000	57 000	57 000	57 000
Impairment	0	0	0	0
Expenditure	133 000	128 000	153 000	142 000
Operating Profit	217 000	206 000	181 000	176 000
Financial Income	14 000	73 000	144 000	307 000
Financial Costs	245 000	4 000	0	0
Financial Balance	−231 000	69 000	144 000	307 000
Dividends	500 000	0	200 000	500 000
Net Income	−65 000	224 000	274 000	433 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 309 000	1 359 000	1 409 000	1 460 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	28 000	12 000	18 000	24 000
Total Tangible Assets	1 337 000	1 371 000	1 427 000	1 484 000
Total Fiancial Fixed Assets	0	245 000	245 000	245 000
Total Fixed Assets	1 337 000	1 616 000	1 673 000	1 729 000
Stock	0	0	0	0
Total Investments	0	396 000	400 000	405 000
Cash, Bank	1 739 000	1 644 000	1 537 000	1 710 000
Total Current Assets	1 762 000	2 046 000	1 979 000	2 138 000
Total Assets	3 098 000	3 662 000	3 651 000	3 867 000
Total Equity	2 277 000	2 842 000	3 119 000	3 045 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	177 000	181 000	189 000	195 000
Creditors	21 000	9 000	22 000	8 000
Unpaid Taxes	69 000	71 000	65 000	64 000
Dividends	500 000	0	200 000	500 000
Other Current Debt	500 000	500 000	200 000	500 000
Total Current Debt	644 000	639 000	344 000	627 000
Total Equity and Debt	3 098 000	3 662 000	3 651 000	3 867 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,85 %	7,88 %	8,78 %	14,22 %
Debt-to-Equity Ratio	0,08	0,06	0,06	0,06
Operating Profit Margin	62 %	61,86 %	54,35 %	55,52 %
Current Ratio	2,74	3,2	5,75	3,41
Quick Ratio	2,74	3,2	5,75	3,41
Equity Ratio	0,73	0,78	0,85	0,79
Gross Profit Margin	100 %	100 %	100 %	100 %