TERJE LØVÅS VEI 1 AS

4879 GRIMSTAD

Finances

Share Ownership

Return on Equity

13,66 %

Current Ratio

0,46

Debt-to-Equity Ratio

1,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 028 000	13 890 000	13 079 000	12 996 000
Net Income	4 311 000	3 646 000	3 559 000	2 382 000
Total Assets	87 654 000	90 456 000	89 757 000	93 809 000
Total Equity	31 552 000	32 290 000	28 644 000	25 085 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 028 000	13 890 000	13 079 000	12 996 000
Expenditure	9 159 000	7 643 000	6 787 000	8 051 000
Operating Profit	6 869 000	6 246 000	6 292 000	4 945 000
Financial Income	65 000	3 000	3 000	15 000
Financial Costs	1 407 000	1 575 000	1 732 000	1 905 000
Financial Balance	−1 342 000	−1 572 000	−1 729 000	−1 890 000
Earnings Before Tax	5 527 000	4 675 000	4 563 000	3 054 000
Tax	1 216 000	1 028 000	1 004 000	672 000
Net Income	4 311 000	3 646 000	3 559 000	2 382 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	81 961 000	85 322 000	88 471 000	91 731 000
Total Current Assets	5 693 000	5 134 000	1 285 000	2 078 000
Total Assets	87 654 000	90 456 000	89 757 000	93 809 000
Total Retained Equity	11 827 000	12 565 000	8 919 000	5 360 000
Total Equity	31 552 000	32 290 000	28 644 000	25 085 000
Total Long-Term Debt	43 687 000	50 395 000	55 432 000	62 079 000
Total Current Debt	12 416 000	7 771 000	5 681 000	6 645 000
Total Equity and Debt	87 654 000	90 456 000	89 757 000	93 809 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	16 028 000	13 890 000	13 079 000	12 996 000
Revenue	16 028 000	13 890 000	13 079 000	12 996 000
Cost of Goods Sold	0	0	22 000	74 000
Salary Costs	0	0	0	0
Depreciation	3 714 000	3 700 000	3 818 000	3 800 000
Impairment	0	0	0	0
Expenditure	9 159 000	7 643 000	6 787 000	8 051 000
Operating Profit	6 869 000	6 246 000	6 292 000	4 945 000
Financial Income	65 000	3 000	3 000	15 000
Financial Costs	1 407 000	1 575 000	1 732 000	1 905 000
Financial Balance	−1 342 000	−1 572 000	−1 729 000	−1 890 000
Dividends	0	0	0	0
Net Income	4 311 000	3 646 000	3 559 000	2 382 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	81 949 000	85 248 000	88 333 000	91 528 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	13 000	74 000	139 000	203 000
Total Tangible Assets	81 961 000	85 322 000	88 471 000	91 731 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	81 961 000	85 322 000	88 471 000	91 731 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 624 000	5 093 000	1 285 000	1 175 000
Total Current Assets	5 693 000	5 134 000	1 285 000	2 078 000
Total Assets	87 654 000	90 456 000	89 757 000	93 809 000
Total Equity	31 552 000	32 290 000	28 644 000	25 085 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	43 687 000	50 395 000	55 432 000	62 079 000
Creditors	1 387 000	1 224 000	868 000	801 000
Unpaid Taxes	245 000	443 000	432 000	520 000
Dividends	0	0	0	0
Other Current Debt	10 784 000	4 914 000	3 230 000	4 557 000
Total Current Debt	12 416 000	7 771 000	5 681 000	6 645 000
Total Equity and Debt	87 654 000	90 456 000	89 757 000	93 809 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,66 %	11,29 %	12,42 %	9,5 %
Debt-to-Equity Ratio	1,38	1,56	1,94	2,47
Operating Profit Margin	42,86 %	44,97 %	48,11 %	38,05 %
Current Ratio	0,46	0,66	0,23	0,31
Quick Ratio	0,46	0,66	0,23	0,31
Equity Ratio	0,36	0,36	0,32	0,27
Gross Profit Margin	100 %	100 %	99,83 %	99,43 %