LØVSETH BYGG AS

7790 MALM

Finances

Share Ownership

Return on Equity

78,44 %

Current Ratio

2,03

Debt-to-Equity Ratio

1,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 365 000	4 060 000	3 891 000	4 569 000
Net Income	524 000	514 000	560 000	368 000
Total Assets	2 314 000	2 037 000	2 222 000	1 969 000
Total Equity	668 000	721 000	663 000	803 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 365 000	4 060 000	3 891 000	4 569 000
Expenditure	2 658 000	3 370 000	3 152 000	4 093 000
Operating Profit	706 000	689 000	739 000	476 000
Financial Income	13 000	1 000	3 000	9 000
Financial Costs	47 000	31 000	24 000	14 000
Financial Balance	−34 000	−30 000	−21 000	−5 000
Earnings Before Tax	672 000	659 000	719 000	471 000
Tax	148 000	145 000	158 000	104 000
Net Income	524 000	514 000	560 000	368 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 469 000	912 000	855 000	484 000
Total Current Assets	845 000	1 125 000	1 367 000	1 485 000
Total Assets	2 314 000	2 037 000	2 222 000	1 969 000
Total Retained Equity	568 000	244 000	−270 000	703 000
Total Equity	668 000	721 000	663 000	803 000
Total Long-Term Debt	1 231 000	969 000	1 062 000	213 000
Total Current Debt	416 000	347 000	496 000	953 000
Total Equity and Debt	2 314 000	2 037 000	2 222 000	1 969 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 317 000	4 060 000	3 878 000	4 569 000
Other Income	48 000	0	13 000	0
Revenue	3 365 000	4 060 000	3 891 000	4 569 000
Cost of Goods Sold	1 382 000	1 788 000	1 660 000	2 015 000
Salary Costs	837 000	1 029 000	1 270 000	1 483 000
Depreciation	53 000	−39 000	−365 000	81 000
Impairment	0	0	0	0
Expenditure	2 658 000	3 370 000	3 152 000	4 093 000
Operating Profit	706 000	689 000	739 000	476 000
Financial Income	13 000	1 000	3 000	9 000
Financial Costs	47 000	31 000	24 000	14 000
Financial Balance	−34 000	−30 000	−21 000	−5 000
Dividends	100 000	0	0	360 000
Net Income	524 000	514 000	560 000	368 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	9 000
Real Eastate	740 000	755 000	770 000	364 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	728 000	156 000	84 000	110 000
Total Tangible Assets	1 468 000	911 000	854 000	474 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	1 469 000	912 000	855 000	484 000
Stock	140 000	114 000	108 000	18 000
Total Investments	0	0	0	0
Cash, Bank	549 000	871 000	931 000	959 000
Total Current Assets	845 000	1 125 000	1 367 000	1 485 000
Total Assets	2 314 000	2 037 000	2 222 000	1 969 000
Total Equity	668 000	721 000	663 000	803 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 231 000	969 000	1 062 000	213 000
Creditors	53 000	48 000	91 000	117 000
Unpaid Taxes	51 000	56 000	174 000	108 000
Dividends	100 000	0	0	360 000
Other Current Debt	114 000	104 000	170 000	259 000
Total Current Debt	416 000	347 000	496 000	953 000
Total Equity and Debt	2 314 000	2 037 000	2 222 000	1 969 000

Financial indicators	2022	2021	2020	2019
Return on Equity	78,44 %	71,29 %	84,46 %	45,83 %
Debt-to-Equity Ratio	1,84	1,34	1,6	0,27
Operating Profit Margin	20,98 %	16,97 %	18,99 %	10,42 %
Current Ratio	2,03	3,24	2,76	1,56
Quick Ratio	3,06	4,83	3,52	1,59
Equity Ratio	0,29	0,35	0,3	0,41
Gross Profit Margin	58,93 %	55,96 %	57,34 %	55,9 %