LØINING AS

4374 EGERSUND

Finances

Return on Equity

−8,51 %

Current Ratio

0,91

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 235 000	20 560 000	39 718 000	42 484 000
Net Income	−545 000	481 000	3 417 000	1 723 000
Total Assets	10 854 000	10 671 000	14 877 000	14 329 000
Total Equity	6 401 000	6 946 000	6 944 000	6 928 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 235 000	20 560 000	39 718 000	42 484 000
Expenditure	19 892 000	19 806 000	34 584 000	41 233 000
Operating Profit	−667 000	567 000	4 126 000	2 243 000
Financial Income	73 000	86 000	371 000	146 000
Financial Costs	105 000	36 000	117 000	180 000
Financial Balance	−32 000	50 000	254 000	−34 000
Earnings Before Tax	−699 000	617 000	4 381 000	2 209 000
Tax	−154 000	136 000	964 000	486 000
Net Income	−545 000	481 000	3 417 000	1 723 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 068 000	7 099 000	7 429 000	7 135 000
Total Current Assets	3 786 000	3 572 000	7 447 000	7 194 000
Total Assets	10 854 000	10 671 000	14 877 000	14 329 000
Total Retained Equity	5 082 000	5 627 000	5 626 000	5 609 000
Total Equity	6 401 000	6 946 000	6 944 000	6 928 000
Total Long-Term Debt	300 000	500 000	743 000	1 029 000
Total Current Debt	4 153 000	3 225 000	7 189 000	6 373 000
Total Equity and Debt	10 854 000	10 671 000	14 877 000	14 329 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 223 000	20 560 000	38 718 000	42 484 000
Other Income	12 000	0	1 000 000	0
Revenue	19 235 000	20 560 000	39 718 000	42 484 000
Cost of Goods Sold	13 119 000	13 191 000	26 939 000	34 278 000
Salary Costs	2 757 000	2 575 000	3 729 000	3 330 000
Depreciation	435 000	420 000	381 000	287 000
Impairment	0	0	0	0
Expenditure	19 892 000	19 806 000	34 584 000	41 233 000
Operating Profit	−667 000	567 000	4 126 000	2 243 000
Financial Income	73 000	86 000	371 000	146 000
Financial Costs	105 000	36 000	117 000	180 000
Financial Balance	−32 000	50 000	254 000	−34 000
Dividends	0	480 000	3 400 000	1 200 000
Net Income	−545 000	481 000	3 417 000	1 723 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	348 000	194 000	185 000	237 000
Real Eastate	2 215 000	2 234 000	2 216 000	2 235 000
Machinery and Plant Facilities	1 925 000	2 090 000	2 449 000	2 262 000
Fixtures	0	0	0	0
Total Tangible Assets	4 140 000	4 325 000	4 664 000	4 498 000
Total Fiancial Fixed Assets	2 580 000	2 580 000	2 580 000	2 400 000
Total Fixed Assets	7 068 000	7 099 000	7 429 000	7 135 000
Stock	981 000	691 000	937 000	2 367 000
Total Investments	0	0	0	0
Cash, Bank	1 388 000	409 000	2 613 000	303 000
Total Current Assets	3 786 000	3 572 000	7 447 000	7 194 000
Total Assets	10 854 000	10 671 000	14 877 000	14 329 000
Total Equity	6 401 000	6 946 000	6 944 000	6 928 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	300 000	500 000	743 000	1 029 000
Creditors	1 506 000	1 004 000	1 750 000	3 192 000
Unpaid Taxes	187 000	215 000	272 000	249 000
Dividends	0	480 000	3 400 000	1 200 000
Other Current Debt	279 000	363 000	856 000	638 000
Total Current Debt	4 153 000	3 225 000	7 189 000	6 373 000
Total Equity and Debt	10 854 000	10 671 000	14 877 000	14 329 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,51 %	6,92 %	49,21 %	24,87 %
Debt-to-Equity Ratio	0,05	0,07	0,11	0,15
Operating Profit Margin	−3,47 %	2,76 %	10,39 %	5,28 %
Current Ratio	0,91	1,11	1,04	1,13
Quick Ratio	1,19	1,41	1,19	1,8
Equity Ratio	0,59	0,65	0,47	0,48
Gross Profit Margin	31,8 %	35,84 %	32,17 %	19,32 %