IVAR LØFTEN INDUSTRISERVICE AS

7080 HEIMDAL

Finances

Share Ownership

Return on Equity

−25,42 %

Current Ratio

19,17

Debt-to-Equity Ratio

3,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	424 000	864 000	717 000	713 000
Net Income	−45 000	264 000	173 000	214 000
Total Assets	807 000	960 000	1 165 000	629 000
Total Equity	177 000	222 000	−42 000	−215 000

Income (NOK)	2022	2021	2020	2019
Revenue	424 000	864 000	717 000	713 000
Expenditure	482 000	525 000	495 000	438 000
Operating Profit	−58 000	339 000	223 000	275 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	1 000	0
Financial Balance	0	−1 000	−1 000	0
Earnings Before Tax	−58 000	338 000	222 000	275 000
Tax	−13 000	74 000	49 000	60 000
Net Income	−45 000	264 000	173 000	214 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	692 000	736 000	912 000	328 000
Total Current Assets	115 000	225 000	253 000	301 000
Total Assets	807 000	960 000	1 165 000	629 000
Total Retained Equity	77 000	122 000	−142 000	−315 000
Total Equity	177 000	222 000	−42 000	−215 000
Total Long-Term Debt	624 000	709 000	1 159 000	796 000
Total Current Debt	6 000	30 000	48 000	48 000
Total Equity and Debt	807 000	960 000	1 165 000	629 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	424 000	599 000	717 000	713 000
Other Income	0	265 000	0	0
Revenue	424 000	864 000	717 000	713 000
Cost of Goods Sold	0	0	5 000	56 000
Salary Costs	0	0	0	−6 000
Depreciation	123 000	151 000	157 000	132 000
Impairment	0	0	0	0
Expenditure	482 000	525 000	495 000	438 000
Operating Profit	−58 000	339 000	223 000	275 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	1 000	0
Financial Balance	0	−1 000	−1 000	0
Dividends	0	0	0	0
Net Income	−45 000	264 000	173 000	214 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	26 000	75 000
Real Eastate	234 000	245 000	255 000	141 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	458 000	491 000	631 000	112 000
Total Tangible Assets	692 000	736 000	886 000	253 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	692 000	736 000	912 000	328 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	99 000	145 000	195 000	145 000
Total Current Assets	115 000	225 000	253 000	301 000
Total Assets	807 000	960 000	1 165 000	629 000
Total Equity	177 000	222 000	−42 000	−215 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	624 000	709 000	1 159 000	796 000
Creditors	6 000	16 000	32 000	12 000
Unpaid Taxes	0	14 000	16 000	36 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	6 000	30 000	48 000	48 000
Total Equity and Debt	807 000	960 000	1 165 000	629 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−25,42 %	118,92 %	−411,9 %	−99,53 %
Debt-to-Equity Ratio	3,53	3,19	−27,6	−3,7
Operating Profit Margin	−13,68 %	39,24 %	31,1 %	38,57 %
Current Ratio	19,17	7,5	5,27	6,27
Quick Ratio	19,17	7,5	5,27	6,27
Equity Ratio	0,22	0,23	−0,04	−0,34
Gross Profit Margin	100 %	100 %	99,3 %	92,15 %