LUDVIK LØVIK MASKIN AS

6817 NAUSTDAL

Finances

Share Ownership

Return on Equity

−34,76 %

Current Ratio

3,25

Debt-to-Equity Ratio

0,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 164 000	854 000	1 681 000	1 087 000
Net Income	−357 000	−617 000	282 000	59 000
Total Assets	1 826 000	2 144 000	2 678 000	2 335 000
Total Equity	1 027 000	1 384 000	2 001 000	1 720 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 164 000	854 000	1 681 000	1 087 000
Expenditure	1 513 000	1 517 000	1 315 000	1 005 000
Operating Profit	−349 000	−662 000	366 000	82 000
Financial Income	0	0	0	1 000
Financial Costs	8 000	3 000	5 000	7 000
Financial Balance	−8 000	−3 000	−5 000	−6 000
Earnings Before Tax	−357 000	−665 000	361 000	76 000
Tax	0	−48 000	79 000	17 000
Net Income	−357 000	−617 000	282 000	59 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	929 000	1 038 000	1 485 000	99 000
Total Current Assets	897 000	1 105 000	1 192 000	2 237 000
Total Assets	1 826 000	2 144 000	2 678 000	2 335 000
Total Retained Equity	527 000	884 000	1 501 000	1 220 000
Total Equity	1 027 000	1 384 000	2 001 000	1 720 000
Total Long-Term Debt	524 000	438 000	487 000	479 000
Total Current Debt	276 000	321 000	189 000	137 000
Total Equity and Debt	1 826 000	2 144 000	2 678 000	2 335 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 144 000	819 000	1 650 000	1 055 000
Other Income	20 000	35 000	31 000	32 000
Revenue	1 164 000	854 000	1 681 000	1 087 000
Cost of Goods Sold	395 000	263 000	439 000	191 000
Salary Costs	384 000	285 000	373 000	386 000
Depreciation	127 000	126 000	101 000	67 000
Impairment	0	0	0	0
Expenditure	1 513 000	1 517 000	1 315 000	1 005 000
Operating Profit	−349 000	−662 000	366 000	82 000
Financial Income	0	0	0	1 000
Financial Costs	8 000	3 000	5 000	7 000
Financial Balance	−8 000	−3 000	−5 000	−6 000
Dividends	0	0	0	0
Net Income	−357 000	−617 000	282 000	59 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	11 000
Real Eastate	70 000	79 000	88 000	0
Machinery and Plant Facilities	368 000	416 000	802 000	0
Fixtures	491 000	543 000	595 000	87 000
Total Tangible Assets	929 000	1 038 000	1 485 000	87 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	929 000	1 038 000	1 485 000	99 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	806 000	961 000	270 000	1 777 000
Total Current Assets	897 000	1 105 000	1 192 000	2 237 000
Total Assets	1 826 000	2 144 000	2 678 000	2 335 000
Total Equity	1 027 000	1 384 000	2 001 000	1 720 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	524 000	438 000	487 000	479 000
Creditors	48 000	91 000	88 000	15 000
Unpaid Taxes	104 000	20 000	37 000	71 000
Dividends	0	0	0	0
Other Current Debt	125 000	211 000	43 000	36 000
Total Current Debt	276 000	321 000	189 000	137 000
Total Equity and Debt	1 826 000	2 144 000	2 678 000	2 335 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−34,76 %	−44,58 %	14,09 %	3,43 %
Debt-to-Equity Ratio	0,51	0,32	0,24	0,28
Operating Profit Margin	−29,98 %	−77,52 %	21,77 %	7,54 %
Current Ratio	3,25	3,44	6,31	16,33
Quick Ratio	3,25	3,44	6,31	16,33
Equity Ratio	0,56	0,65	0,75	0,74
Gross Profit Margin	66,07 %	69,2 %	73,88 %	82,43 %