LØVLAND BORETTSLAG

3511 HØNEFOSS

Finances

Share Ownership

Return on Equity

6,82 %

Current Ratio

2,13

Debt-to-Equity Ratio

−1,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	422 000	422 000	418 000	408 000
Net Income	−70 000	113 000	41 000	−522 000
Total Assets	598 000	704 000	695 000	635 000
Total Equity	−1 026 000	−956 000	−1 069 000	−1 110 000

Income (NOK)	2022	2021	2020	2019
Revenue	422 000	422 000	418 000	408 000
Expenditure	432 000	235 000	277 000	824 000
Operating Profit	−37 000	140 000	77 000	−476 000
Financial Income	2 000	2 000	3 000	5 000
Financial Costs	36 000	29 000	40 000	50 000
Financial Balance	−34 000	−27 000	−37 000	−45 000
Earnings Before Tax	−43 000	162 000	103 000	−462 000
Tax	0	0	0	0
Net Income	−70 000	113 000	41 000	−522 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	534 000	534 000	534 000	534 000
Total Current Assets	64 000	169 000	160 000	100 000
Total Assets	598 000	704 000	695 000	635 000
Total Retained Equity	−1 027 000	−957 000	−1 070 000	−1 111 000
Total Equity	−1 026 000	−956 000	−1 069 000	−1 110 000
Total Long-Term Debt	1 594 000	1 639 000	1 684 000	1 724 000
Total Current Debt	30 000	20 000	80 000	21 000
Total Equity and Debt	598 000	704 000	695 000	635 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	422 000	422 000	418 000	408 000
Revenue	422 000	422 000	418 000	408 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	432 000	235 000	277 000	824 000
Operating Profit	−37 000	140 000	77 000	−476 000
Financial Income	2 000	2 000	3 000	5 000
Financial Costs	36 000	29 000	40 000	50 000
Financial Balance	−34 000	−27 000	−37 000	−45 000
Dividends	0	0	0	0
Net Income	−70 000	113 000	41 000	−522 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	534 000	534 000	534 000	534 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	534 000	534 000	534 000	534 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	534 000	534 000	534 000	534 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	40 000	149 000	141 000	77 000
Total Current Assets	64 000	169 000	160 000	100 000
Total Assets	598 000	704 000	695 000	635 000
Total Equity	−1 026 000	−956 000	−1 069 000	−1 110 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 594 000	1 639 000	1 684 000	1 724 000
Creditors	30 000	21 000	27 000	21 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	53 000	0
Total Current Debt	30 000	20 000	80 000	21 000
Total Equity and Debt	598 000	704 000	695 000	635 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,82 %	−11,82 %	−3,84 %	47,03 %
Debt-to-Equity Ratio	−1,55	−1,71	−1,58	−1,55
Operating Profit Margin	−8,77 %	33,18 %	18,42 %	−116,67 %
Current Ratio	2,13	8,45	2	4,76
Quick Ratio	2,13	8,45	2	4,76
Equity Ratio	−1,72	−1,36	−1,54	−1,75
Gross Profit Margin	100 %	100 %	100 %	100 %