O A J LØSETH EFTF AS

6230 SYKKYLVEN

Finances

Share Ownership

Return on Equity

1,06 %

Current Ratio

1,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 430 000	1 364 000	933 000	799 000
Net Income	1 000	−1 000	10 000	−10 000
Total Assets	392 000	580 000	237 000	253 000
Total Equity	94 000	93 000	94 000	84 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 430 000	1 364 000	933 000	799 000
Expenditure	1 425 000	1 364 000	920 000	805 000
Operating Profit	6 000	1 000	13 000	−6 000
Financial Income	2 000	2 000	2 000	1 000
Financial Costs	6 000	4 000	6 000	5 000
Financial Balance	−4 000	−2 000	−4 000	−4 000
Earnings Before Tax	1 000	−1 000	10 000	−10 000
Tax	0	0	0	0
Net Income	1 000	−1 000	10 000	−10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 000	25 000	30 000	35 000
Total Current Assets	371 000	554 000	206 000	217 000
Total Assets	392 000	580 000	237 000	253 000
Total Retained Equity	−6 000	−7 000	−6 000	−16 000
Total Equity	94 000	93 000	94 000	84 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	298 000	487 000	143 000	168 000
Total Equity and Debt	392 000	580 000	237 000	253 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 076 000	1 023 000	933 000	799 000
Other Income	354 000	342 000	0	0
Revenue	1 430 000	1 364 000	933 000	799 000
Cost of Goods Sold	920 000	908 000	815 000	691 000
Salary Costs	381 000	331 000	20 000	19 000
Depreciation	5 000	5 000	5 000	5 000
Impairment	0	0	0	0
Expenditure	1 425 000	1 364 000	920 000	805 000
Operating Profit	6 000	1 000	13 000	−6 000
Financial Income	2 000	2 000	2 000	1 000
Financial Costs	6 000	4 000	6 000	5 000
Financial Balance	−4 000	−2 000	−4 000	−4 000
Dividends	0	0	0	0
Net Income	1 000	−1 000	10 000	−10 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	19 000	24 000	29 000	34 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	19 000	24 000	29 000	34 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	20 000	25 000	30 000	35 000
Stock	169 000	144 000	120 000	152 000
Total Investments	0	0	0	0
Cash, Bank	54 000	336 000	13 000	10 000
Total Current Assets	371 000	554 000	206 000	217 000
Total Assets	392 000	580 000	237 000	253 000
Total Equity	94 000	93 000	94 000	84 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	39 000	59 000	28 000	47 000
Unpaid Taxes	49 000	29 000	5 000	4 000
Dividends	0	0	0	0
Other Current Debt	210 000	399 000	92 000	93 000
Total Current Debt	298 000	487 000	143 000	168 000
Total Equity and Debt	392 000	580 000	237 000	253 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,06 %	−1,08 %	10,64 %	−11,9 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,42 %	0,07 %	1,39 %	−0,75 %
Current Ratio	1,24	1,14	1,44	1,29
Quick Ratio	2,88	1,62	8,96	13,56
Equity Ratio	0,24	0,16	0,4	0,33
Gross Profit Margin	35,66 %	33,43 %	12,65 %	13,52 %