LØKJEN AS

5600 NORHEIMSUND

Finances

Share Ownership

Return on Equity

11,5 %

Current Ratio

3,11

Debt-to-Equity Ratio

0,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	527 000	467 000	410 000	407 000
Net Income	63 000	−1 000	43 000	43 000
Total Assets	726 000	628 000	640 000	722 000
Total Equity	548 000	485 000	486 000	444 000

Income (NOK)	2022	2021	2020	2019
Revenue	527 000	467 000	410 000	407 000
Expenditure	449 000	468 000	360 000	354 000
Operating Profit	78 000	−1 000	50 000	54 000
Financial Income	0	1 000	1 000	0
Financial Costs	1 000	1 000	1 000	1 000
Financial Balance	−1 000	0	0	−1 000
Earnings Before Tax	78 000	−1 000	49 000	52 000
Tax	15 000	0	6 000	9 000
Net Income	63 000	−1 000	43 000	43 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	589 000	591 000	593 000	595 000
Total Current Assets	137 000	37 000	47 000	127 000
Total Assets	726 000	628 000	640 000	722 000
Total Retained Equity	428 000	365 000	366 000	324 000
Total Equity	548 000	485 000	486 000	444 000
Total Long-Term Debt	133 000	133 000	133 000	253 000
Total Current Debt	44 000	10 000	21 000	25 000
Total Equity and Debt	726 000	628 000	640 000	722 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	527 000	467 000	410 000	407 000
Other Income	0	0	0	0
Revenue	527 000	467 000	410 000	407 000
Cost of Goods Sold	404 000	428 000	320 000	320 000
Salary Costs	0	0	0	0
Depreciation	2 000	2 000	2 000	2 000
Impairment	0	0	0	0
Expenditure	449 000	468 000	360 000	354 000
Operating Profit	78 000	−1 000	50 000	54 000
Financial Income	0	1 000	1 000	0
Financial Costs	1 000	1 000	1 000	1 000
Financial Balance	−1 000	0	0	−1 000
Dividends	0	0	0	0
Net Income	63 000	−1 000	43 000	43 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	589 000	591 000	593 000	595 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	589 000	591 000	593 000	595 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	589 000	591 000	593 000	595 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	45 000	29 000	40 000	128 000
Total Current Assets	137 000	37 000	47 000	127 000
Total Assets	726 000	628 000	640 000	722 000
Total Equity	548 000	485 000	486 000	444 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	133 000	133 000	133 000	253 000
Creditors	9 000	6 000	−1 000	0
Unpaid Taxes	21 000	3 000	15 000	16 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	44 000	10 000	21 000	25 000
Total Equity and Debt	726 000	628 000	640 000	722 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,5 %	−0,21 %	8,85 %	9,68 %
Debt-to-Equity Ratio	0,24	0,27	0,27	0,57
Operating Profit Margin	14,8 %	−0,21 %	12,2 %	13,27 %
Current Ratio	3,11	3,7	2,24	5,08
Quick Ratio	3,11	3,7	2,24	5,08
Equity Ratio	0,75	0,77	0,76	0,61
Gross Profit Margin	23,34 %	8,35 %	21,95 %	21,38 %