LØEBAKKEN BORETTSLAG

5750 ODDA

Finances

Share Ownership

Return on Equity

0,71 %

Current Ratio

3,84

Debt-to-Equity Ratio

−2,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	952 000	946 000	951 000	951 000
Net Income	−12 000	212 000	22 000	−362 000
Total Assets	1 986 000	1 468 000	1 429 000	1 541 000
Total Equity	−1 682 000	−1 670 000	−1 881 000	−1 904 000

Income (NOK)	2022	2021	2020	2019
Revenue	952 000	946 000	951 000	951 000
Expenditure	877 000	677 000	852 000	1 211 000
Operating Profit	75 000	269 000	99 000	−260 000
Financial Income	8 000	10 000	13 000	14 000
Financial Costs	95 000	67 000	89 000	116 000
Financial Balance	−87 000	−57 000	−76 000	−102 000
Earnings Before Tax	−12 000	212 000	22 000	−362 000
Tax	0	0	0	0
Net Income	−12 000	212 000	22 000	−362 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	957 000	957 000	957 000	957 000
Total Current Assets	1 029 000	511 000	472 000	583 000
Total Assets	1 986 000	1 468 000	1 429 000	1 541 000
Total Retained Equity	−1 864 000	−1 852 000	−2 063 000	−2 086 000
Total Equity	−1 682 000	−1 670 000	−1 881 000	−1 904 000
Total Long-Term Debt	3 400 000	3 061 000	3 227 000	3 381 000
Total Current Debt	268 000	77 000	84 000	64 000
Total Equity and Debt	1 986 000	1 468 000	1 429 000	1 541 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 000	0	0	0
Other Income	951 000	946 000	951 000	951 000
Revenue	952 000	946 000	951 000	951 000
Cost of Goods Sold	0	0	0	0
Salary Costs	18 000	15 000	21 000	15 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	877 000	677 000	852 000	1 211 000
Operating Profit	75 000	269 000	99 000	−260 000
Financial Income	8 000	10 000	13 000	14 000
Financial Costs	95 000	67 000	89 000	116 000
Financial Balance	−87 000	−57 000	−76 000	−102 000
Dividends	0	0	0	0
Net Income	−12 000	212 000	22 000	−362 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	957 000	957 000	957 000	957 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	957 000	957 000	957 000	957 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	957 000	957 000	957 000	957 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	946 000	437 000	397 000	543 000
Total Current Assets	1 029 000	511 000	472 000	583 000
Total Assets	1 986 000	1 468 000	1 429 000	1 541 000
Total Equity	−1 682 000	−1 670 000	−1 881 000	−1 904 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 400 000	3 061 000	3 227 000	3 381 000
Creditors	256 000	71 000	78 000	55 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	12 000	6 000	6 000	8 000
Total Current Debt	268 000	77 000	84 000	64 000
Total Equity and Debt	1 986 000	1 468 000	1 429 000	1 541 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,71 %	−12,69 %	−1,17 %	19,01 %
Debt-to-Equity Ratio	−2,02	−1,83	−1,72	−1,78
Operating Profit Margin	7,88 %	28,44 %	10,41 %	−27,34 %
Current Ratio	3,84	6,64	5,62	9,11
Quick Ratio	3,84	6,64	5,62	9,11
Equity Ratio	−0,85	−1,14	−1,32	−1,24
Gross Profit Margin	100 %	100 %	100 %	100 %