LØVOLD AS

2015 LEIRSUND

Finances

Share Ownership

Return on Equity

8,39 %

Current Ratio

1,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 020 000	28 087 000	22 252 000	19 761 000
Net Income	1 506 000	1 380 000	744 000	324 000
Total Assets	32 347 000	25 052 000	20 728 000	20 792 000
Total Equity	17 942 000	16 436 000	15 056 000	14 312 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 020 000	28 087 000	22 252 000	19 761 000
Expenditure	26 549 000	26 715 000	21 503 000	19 431 000
Operating Profit	1 470 000	1 372 000	749 000	330 000
Financial Income	49 000	36 000	44 000	53 000
Financial Costs	13 000	27 000	48 000	59 000
Financial Balance	36 000	9 000	−4 000	−6 000
Earnings Before Tax	1 506 000	1 380 000	744 000	324 000
Tax	0	0	0	0
Net Income	1 506 000	1 380 000	744 000	324 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 841 000	10 093 000	10 504 000	10 672 000
Total Current Assets	22 506 000	14 958 000	10 224 000	10 120 000
Total Assets	32 347 000	25 052 000	20 728 000	20 792 000
Total Retained Equity	17 692 000	16 186 000	14 806 000	14 062 000
Total Equity	17 942 000	16 436 000	15 056 000	14 312 000
Total Long-Term Debt	0	0	925 000	1 225 000
Total Current Debt	14 405 000	8 616 000	4 747 000	5 255 000
Total Equity and Debt	32 347 000	25 052 000	20 728 000	20 792 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 843 000	26 920 000	20 817 000	18 466 000
Other Income	1 177 000	1 167 000	1 435 000	1 295 000
Revenue	28 020 000	28 087 000	22 252 000	19 761 000
Cost of Goods Sold	14 303 000	15 421 000	11 961 000	8 736 000
Salary Costs	9 129 000	8 295 000	7 220 000	7 195 000
Depreciation	339 000	393 000	375 000	383 000
Impairment	0	0	0	0
Expenditure	26 549 000	26 715 000	21 503 000	19 431 000
Operating Profit	1 470 000	1 372 000	749 000	330 000
Financial Income	49 000	36 000	44 000	53 000
Financial Costs	13 000	27 000	48 000	59 000
Financial Balance	36 000	9 000	−4 000	−6 000
Dividends	0	0	0	0
Net Income	1 506 000	1 380 000	744 000	324 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	42 000	56 000	88 000	0
Real Eastate	9 675 000	9 936 000	10 198 000	10 459 000
Machinery and Plant Facilities	57 000	58 000	93 000	28 000
Fixtures	67 000	44 000	125 000	185 000
Total Tangible Assets	9 799 000	10 037 000	10 416 000	10 672 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 841 000	10 093 000	10 504 000	10 672 000
Stock	117 000	33 000	45 000	101 000
Total Investments	0	0	0	0
Cash, Bank	7 068 000	10 376 000	5 099 000	7 149 000
Total Current Assets	22 506 000	14 958 000	10 224 000	10 120 000
Total Assets	32 347 000	25 052 000	20 728 000	20 792 000
Total Equity	17 942 000	16 436 000	15 056 000	14 312 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	925 000	1 225 000
Creditors	1 390 000	2 648 000	1 208 000	1 212 000
Unpaid Taxes	3 283 000	629 000	801 000	884 000
Dividends	0	0	0	0
Other Current Debt	9 731 000	5 339 000	2 738 000	3 159 000
Total Current Debt	14 405 000	8 616 000	4 747 000	5 255 000
Total Equity and Debt	32 347 000	25 052 000	20 728 000	20 792 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,39 %	8,4 %	4,94 %	2,26 %
Debt-to-Equity Ratio	0	0	0,06	0,09
Operating Profit Margin	5,25 %	4,88 %	3,37 %	1,67 %
Current Ratio	1,56	1,74	2,15	1,93
Quick Ratio	1,58	1,74	2,17	1,96
Equity Ratio	0,55	0,66	0,73	0,69
Gross Profit Margin	48,95 %	45,1 %	46,25 %	55,79 %