AL LØVENSTAD BORETTSLAG

2003 LILLESTRØM

Finances

Return on Equity

−12,58 %

Current Ratio

1,81

Debt-to-Equity Ratio

−3,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 364 000	24 440 000	24 084 000	22 429 000
Net Income	4 900 000	5 201 000	5 255 000	2 631 000
Total Assets	85 697 000	86 669 000	87 664 000	85 890 000
Total Equity	−38 961 000	−43 861 000	−49 062 000	−54 317 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 364 000	24 440 000	24 084 000	22 429 000
Expenditure	17 506 000	16 502 000	15 551 000	16 319 000
Operating Profit	7 858 000	7 938 000	8 533 000	6 110 000
Financial Income	6 000	327 000	9 000	13 000
Financial Costs	2 964 000	3 064 000	3 287 000	3 492 000
Financial Balance	−2 958 000	−2 737 000	−3 278 000	−3 479 000
Earnings Before Tax	4 900 000	5 201 000	5 255 000	2 631 000
Tax	0	0	0	0
Net Income	4 900 000	5 201 000	5 255 000	2 631 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	82 996 000	83 039 000	83 039 000	83 028 000
Total Current Assets	2 702 000	3 630 000	4 626 000	2 862 000
Total Assets	85 697 000	86 669 000	87 664 000	85 890 000
Total Retained Equity	−38 997 000	43 897 000	49 098 000	54 353 000
Total Equity	−38 961 000	−43 861 000	−49 062 000	−54 317 000
Total Long-Term Debt	123 169 000	129 586 000	135 639 000	138 713 000
Total Current Debt	1 489 000	944 000	1 087 000	1 493 000
Total Equity and Debt	85 697 000	86 669 000	87 664 000	85 890 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 079 000	0	0	0
Other Income	286 000	24 440 000	24 084 000	22 429 000
Revenue	25 364 000	24 440 000	24 084 000	22 429 000
Cost of Goods Sold	0	0	0	0
Salary Costs	580 000	604 000	582 000	566 000
Depreciation	43 000	49 000	40 000	43 000
Impairment	0	0	0	0
Expenditure	17 506 000	16 502 000	15 551 000	16 319 000
Operating Profit	7 858 000	7 938 000	8 533 000	6 110 000
Financial Income	6 000	327 000	9 000	13 000
Financial Costs	2 964 000	3 064 000	3 287 000	3 492 000
Financial Balance	−2 958 000	−2 737 000	−3 278 000	−3 479 000
Dividends	0	0	0	0
Net Income	4 900 000	5 201 000	5 255 000	2 631 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	82 904 000	82 987 000	82 977 000	83 008 000
Machinery and Plant Facilities	0	32 000	42 000	0
Fixtures	72 000	0	0	0
Total Tangible Assets	82 976 000	83 019 000	83 019 000	83 008 000
Total Fiancial Fixed Assets	20 000	20 000	20 000	20 000
Total Fixed Assets	82 996 000	83 039 000	83 039 000	83 028 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 309 000	2 266 000	3 299 000	1 906 000
Total Current Assets	2 702 000	3 630 000	4 626 000	2 862 000
Total Assets	85 697 000	86 669 000	87 664 000	85 890 000
Total Equity	−38 961 000	−43 861 000	−49 062 000	−54 317 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	123 169 000	129 586 000	135 639 000	138 713 000
Creditors	1 340 000	749 000	755 000	1 149 000
Unpaid Taxes	0	3 000	0	0
Dividends	0	0	0	0
Other Current Debt	150 000	192 000	333 000	344 000
Total Current Debt	1 489 000	944 000	1 087 000	1 493 000
Total Equity and Debt	85 697 000	86 669 000	87 664 000	85 890 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,58 %	−11,86 %	−10,71 %	−4,84 %
Debt-to-Equity Ratio	−3,16	−2,95	−2,76	−2,55
Operating Profit Margin	30,98 %	32,48 %	35,43 %	27,24 %
Current Ratio	1,81	3,85	4,26	1,92
Quick Ratio	1,81	3,85	4,26	1,92
Equity Ratio	−0,45	−0,51	−0,56	−0,63
Gross Profit Margin	100 %	100 %	100 %	100 %