LØITEGAARD EURO SKO AS

3660 RJUKAN

Finances

Return on Equity

28,85 %

Current Ratio

1,71

Debt-to-Equity Ratio

0,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 873 000	2 853 000	2 831 000	2 874 000
Net Income	178 000	97 000	249 000	−17 000
Total Assets	1 976 000	2 807 000	3 092 000	3 208 000
Total Equity	617 000	439 000	343 000	94 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 873 000	2 853 000	2 831 000	2 874 000
Expenditure	2 603 000	2 647 000	2 474 000	2 756 000
Operating Profit	270 000	205 000	357 000	118 000
Financial Income	26 000	22 000	25 000	34 000
Financial Costs	73 000	103 000	140 000	169 000
Financial Balance	−47 000	−81 000	−115 000	−135 000
Earnings Before Tax	224 000	125 000	241 000	−17 000
Tax	46 000	28 000	−8 000	0
Net Income	178 000	97 000	249 000	−17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	593 000	1 523 000	1 639 000	1 753 000
Total Current Assets	1 383 000	1 285 000	1 453 000	1 455 000
Total Assets	1 976 000	2 807 000	3 092 000	3 208 000
Total Retained Equity	517 000	339 000	243 000	−6 000
Total Equity	617 000	439 000	343 000	94 000
Total Long-Term Debt	550 000	834 000	1 109 000	568 000
Total Current Debt	809 000	1 534 000	1 640 000	2 546 000
Total Equity and Debt	1 976 000	2 807 000	3 092 000	3 208 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 873 000	2 848 000	2 773 000	2 874 000
Other Income	0	5 000	58 000	0
Revenue	2 873 000	2 853 000	2 831 000	2 874 000
Cost of Goods Sold	1 516 000	1 546 000	1 494 000	1 613 000
Salary Costs	565 000	561 000	474 000	611 000
Depreciation	26 000	122 000	122 000	120 000
Impairment	0	0	0	0
Expenditure	2 603 000	2 647 000	2 474 000	2 756 000
Operating Profit	270 000	205 000	357 000	118 000
Financial Income	26 000	22 000	25 000	34 000
Financial Costs	73 000	103 000	140 000	169 000
Financial Balance	−47 000	−81 000	−115 000	−135 000
Dividends	0	0	0	0
Net Income	178 000	97 000	249 000	−17 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	251 000	297 000	325 000	317 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	8 000	34 000	157 000	279 000
Total Tangible Assets	8 000	34 000	157 000	279 000
Total Fiancial Fixed Assets	334 000	1 191 000	1 157 000	1 157 000
Total Fixed Assets	593 000	1 523 000	1 639 000	1 753 000
Stock	1 242 000	1 249 000	1 424 000	1 423 000
Total Investments	0	0	0	0
Cash, Bank	141 000	29 000	29 000	32 000
Total Current Assets	1 383 000	1 285 000	1 453 000	1 455 000
Total Assets	1 976 000	2 807 000	3 092 000	3 208 000
Total Equity	617 000	439 000	343 000	94 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	550 000	834 000	1 109 000	568 000
Creditors	115 000	401 000	470 000	1 510 000
Unpaid Taxes	91 000	89 000	95 000	93 000
Dividends	0	0	0	0
Other Current Debt	603 000	548 000	594 000	597 000
Total Current Debt	809 000	1 534 000	1 640 000	2 546 000
Total Equity and Debt	1 976 000	2 807 000	3 092 000	3 208 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,85 %	22,1 %	72,59 %	−18,09 %
Debt-to-Equity Ratio	0,89	1,9	3,23	6,04
Operating Profit Margin	9,4 %	7,19 %	12,61 %	4,11 %
Current Ratio	1,71	0,84	0,89	0,57
Quick Ratio	−3,19	4,51	6,73	1,3
Equity Ratio	0,31	0,16	0,11	0,03
Gross Profit Margin	47,23 %	45,81 %	47,23 %	43,88 %