GEIR LØVÅS AS

7606 LEVANGER

Finances

Return on Equity

3,91 %

Current Ratio

2,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	52 611 000	61 496 000	52 777 000	53 666 000
Net Income	194 000	1 613 000	1 863 000	1 620 000
Total Assets	8 286 000	7 213 000	7 740 000	6 884 000
Total Equity	4 965 000	4 971 000	4 400 000	4 437 000

Income (NOK)	2022	2021	2020	2019
Revenue	52 611 000	61 496 000	52 777 000	53 666 000
Expenditure	52 295 000	59 369 000	50 310 000	51 513 000
Operating Profit	315 000	2 127 000	2 466 000	2 152 000
Financial Income	2 000	14 000	10 000	7 000
Financial Costs	68 000	75 000	86 000	73 000
Financial Balance	−66 000	−61 000	−76 000	−66 000
Earnings Before Tax	249 000	2 066 000	2 390 000	2 087 000
Tax	55 000	453 000	527 000	467 000
Net Income	194 000	1 613 000	1 863 000	1 620 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	214 000	135 000	177 000	237 000
Total Current Assets	8 071 000	7 078 000	7 563 000	6 646 000
Total Assets	8 286 000	7 213 000	7 740 000	6 884 000
Total Retained Equity	4 865 000	4 871 000	4 300 000	4 337 000
Total Equity	4 965 000	4 971 000	4 400 000	4 437 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 320 000	2 241 000	3 340 000	2 446 000
Total Equity and Debt	8 286 000	7 213 000	7 740 000	6 884 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	51 946 000	60 333 000	51 917 000	52 886 000
Other Income	665 000	1 163 000	861 000	780 000
Revenue	52 611 000	61 496 000	52 777 000	53 666 000
Cost of Goods Sold	49 164 000	56 015 000	47 515 000	48 496 000
Salary Costs	2 135 000	2 275 000	1 739 000	2 066 000
Depreciation	36 000	36 000	47 000	52 000
Impairment	0	0	0	0
Expenditure	52 295 000	59 369 000	50 310 000	51 513 000
Operating Profit	315 000	2 127 000	2 466 000	2 152 000
Financial Income	2 000	14 000	10 000	7 000
Financial Costs	68 000	75 000	86 000	73 000
Financial Balance	−66 000	−61 000	−76 000	−66 000
Dividends	200 000	1 000 000	1 900 000	800 000
Net Income	194 000	1 613 000	1 863 000	1 620 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	42 000	35 000	76 000	75 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	61 000	49 000	71 000	13 000
Fixtures	111 000	51 000	30 000	149 000
Total Tangible Assets	172 000	100 000	101 000	163 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	214 000	135 000	177 000	237 000
Stock	6 081 000	4 454 000	6 284 000	5 735 000
Total Investments	23 000	32 000	24 000	26 000
Cash, Bank	347 000	1 440 000	286 000	40 000
Total Current Assets	8 071 000	7 078 000	7 563 000	6 646 000
Total Assets	8 286 000	7 213 000	7 740 000	6 884 000
Total Equity	4 965 000	4 971 000	4 400 000	4 437 000
Short-Term Group Debt	0	1 000 000	1 300 000	800 000
Total Long-Term Debt	0	0	0	0
Creditors	1 634 000	211 000	782 000	358 000
Unpaid Taxes	146 000	245 000	92 000	100 000
Dividends	200 000	1 000 000	1 900 000	800 000
Other Current Debt	1 279 000	386 000	636 000	324 000
Total Current Debt	3 320 000	2 241 000	3 340 000	2 446 000
Total Equity and Debt	8 286 000	7 213 000	7 740 000	6 884 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,91 %	32,45 %	42,34 %	36,51 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,6 %	3,46 %	4,67 %	4,01 %
Current Ratio	2,43	3,16	2,26	2,72
Quick Ratio	−2,92	−3,2	−2,57	−2,02
Equity Ratio	0,6	0,69	0,57	0,64
Gross Profit Margin	6,55 %	8,91 %	9,97 %	9,63 %