LEVATE AS

1628 ENGELSVIKEN

Finances

Return on Equity

1,55 %

Current Ratio

−21,38

Debt-to-Equity Ratio

4,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 008 000	1 951 000	1 716 000	1 617 000
Net Income	11 000	353 000	86 000	−16 000
Total Assets	4 071 000	4 296 000	4 182 000	338 000
Total Equity	711 000	700 000	347 000	261 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 008 000	1 951 000	1 716 000	1 617 000
Expenditure	1 903 000	319 000	357 000	320 000
Operating Profit	104 000	488 000	134 000	−15 000
Financial Income	0	1 000	0	0
Financial Costs	89 000	37 000	29 000	1 000
Financial Balance	−89 000	−36 000	−29 000	−1 000
Earnings Before Tax	15 000	452 000	105 000	−16 000
Tax	3 000	100 000	20 000	0
Net Income	11 000	353 000	86 000	−16 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 900 000	3 900 000	3 900 000	0
Total Current Assets	171 000	396 000	282 000	338 000
Total Assets	4 071 000	4 296 000	4 182 000	338 000
Total Retained Equity	609 000	598 000	245 000	159 000
Total Equity	711 000	700 000	347 000	261 000
Total Long-Term Debt	3 367 000	3 435 000	3 877 000	0
Total Current Debt	−8 000	161 000	−42 000	76 000
Total Equity and Debt	4 071 000	4 296 000	4 182 000	338 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 465 000	1 533 000	1 502 000	1 512 000
Other Income	542 000	418 000	214 000	105 000
Revenue	2 008 000	1 951 000	1 716 000	1 617 000
Cost of Goods Sold	1 011 000	0	0	0
Salary Costs	0	0	1 000	1 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 903 000	319 000	357 000	320 000
Operating Profit	104 000	488 000	134 000	−15 000
Financial Income	0	1 000	0	0
Financial Costs	89 000	37 000	29 000	1 000
Financial Balance	−89 000	−36 000	−29 000	−1 000
Dividends	0	0	0	0
Net Income	11 000	353 000	86 000	−16 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 900 000	3 900 000	3 900 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 900 000	3 900 000	3 900 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 900 000	3 900 000	3 900 000	0
Stock	0	0	0	0
Total Investments	8 000	8 000	0	0
Cash, Bank	97 000	217 000	98 000	213 000
Total Current Assets	171 000	396 000	282 000	338 000
Total Assets	4 071 000	4 296 000	4 182 000	338 000
Total Equity	711 000	700 000	347 000	261 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 367 000	3 435 000	3 877 000	0
Creditors	8 000	56 000	−61 000	85 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	−19 000	6 000	−1 000	−8 000
Total Current Debt	−8 000	161 000	−42 000	76 000
Total Equity and Debt	4 071 000	4 296 000	4 182 000	338 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,55 %	50,43 %	24,78 %	−6,13 %
Debt-to-Equity Ratio	4,74	4,91	11,17	0
Operating Profit Margin	5,18 %	25,01 %	7,81 %	−0,93 %
Current Ratio	−21,38	2,46	−6,71	4,45
Quick Ratio	−21,38	2,46	−6,71	4,45
Equity Ratio	0,17	0,16	0,08	0,77
Gross Profit Margin	49,65 %	100 %	100 %	100 %