LØITEN AS

1400 SKI

Finances

Share Ownership

Return on Equity

15,36 %

Current Ratio

1,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 458 000	12 007 000	10 297 000	5 680 000
Net Income	363 000	1 294 000	1 203 000	124 000
Total Assets	4 502 000	5 201 000	3 857 000	2 388 000
Total Equity	2 363 000	2 001 000	1 507 000	924 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 458 000	12 007 000	10 297 000	5 680 000
Expenditure	10 011 000	10 566 000	9 090 000	5 548 000
Operating Profit	447 000	1 441 000	1 207 000	132 000
Financial Income	21 000	13 000	1 000	6 000
Financial Costs	8 000	0	4 000	14 000
Financial Balance	13 000	13 000	−3 000	−8 000
Earnings Before Tax	460 000	1 454 000	1 203 000	124 000
Tax	98 000	160 000	0	0
Net Income	363 000	1 294 000	1 203 000	124 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	250 000	250 000	250 000	305 000
Total Current Assets	4 252 000	4 951 000	3 607 000	2 083 000
Total Assets	4 502 000	5 201 000	3 857 000	2 388 000
Total Retained Equity	856 000	494 000	−21 000	−705 000
Total Equity	2 363 000	2 001 000	1 507 000	924 000
Total Long-Term Debt	0	0	0	500 000
Total Current Debt	2 138 000	3 200 000	2 349 000	965 000
Total Equity and Debt	4 502 000	5 201 000	3 857 000	2 388 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 458 000	12 007 000	10 297 000	5 680 000
Other Income	0	0	0	0
Revenue	10 458 000	12 007 000	10 297 000	5 680 000
Cost of Goods Sold	7 379 000	7 854 000	6 971 000	3 612 000
Salary Costs	1 843 000	1 898 000	1 707 000	1 292 000
Depreciation	0	0	0	59 000
Impairment	0	0	0	0
Expenditure	10 011 000	10 566 000	9 090 000	5 548 000
Operating Profit	447 000	1 441 000	1 207 000	132 000
Financial Income	21 000	13 000	1 000	6 000
Financial Costs	8 000	0	4 000	14 000
Financial Balance	13 000	13 000	−3 000	−8 000
Dividends	0	800 000	620 000	0
Net Income	363 000	1 294 000	1 203 000	124 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	250 000	250 000	0	250 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	250 000	55 000
Total Tangible Assets	0	0	250 000	55 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	250 000	250 000	250 000	305 000
Stock	1 310 000	956 000	759 000	890 000
Total Investments	0	0	0	0
Cash, Bank	2 131 000	3 049 000	2 053 000	275 000
Total Current Assets	4 252 000	4 951 000	3 607 000	2 083 000
Total Assets	4 502 000	5 201 000	3 857 000	2 388 000
Total Equity	2 363 000	2 001 000	1 507 000	924 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	500 000
Creditors	1 195 000	1 429 000	923 000	673 000
Unpaid Taxes	431 000	303 000	677 000	173 000
Dividends	0	800 000	620 000	0
Other Current Debt	414 000	508 000	130 000	119 000
Total Current Debt	2 138 000	3 200 000	2 349 000	965 000
Total Equity and Debt	4 502 000	5 201 000	3 857 000	2 388 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,36 %	64,67 %	79,83 %	13,42 %
Debt-to-Equity Ratio	0	0	0	0,54
Operating Profit Margin	4,27 %	12 %	11,72 %	2,32 %
Current Ratio	1,99	1,55	1,54	2,16
Quick Ratio	5,14	2,21	2,27	27,77
Equity Ratio	0,52	0,38	0,39	0,39
Gross Profit Margin	29,44 %	34,59 %	32,3 %	36,41 %