LOWELL AS

0667 OSLO

Finances

Return on Equity

1,12 %

Current Ratio

4,83

Debt-to-Equity Ratio

0,67

Key figures (NOK)	2021	2020	2019	2018
Revenue	144 455 000	123 272 000	110 466 000	81 341 000
Net Income	12 936 000	226 392 000	11 232 000	5 831 000
Total Assets	1 957 415 000	2 420 659 000	1 414 224 000	1 560 924 000
Total Equity	1 152 578 000	1 139 642 000	913 250 000	902 018 000

Income (NOK)	2021	2020	2019	2018
Revenue	144 455 000	123 272 000	110 466 000	81 341 000
Expenditure	136 791 000	113 922 000	93 525 000	66 514 000
Operating Profit	7 664 000	9 349 000	16 941 000	14 827 000
Financial Income	177 517 000	354 938 000	44 499 000	185 049 000
Financial Costs	169 570 000	136 709 000	48 061 000	197 325 000
Financial Balance	7 947 000	218 229 000	−3 562 000	−12 276 000
Earnings Before Tax	15 611 000	227 579 000	13 379 000	2 551 000
Tax	2 675 000	1 187 000	2 147 000	−3 280 000
Net Income	12 936 000	226 392 000	11 232 000	5 831 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	1 818 187 000	1 641 871 000	1 260 590 000	1 338 985 000
Total Current Assets	139 227 000	778 788 000	153 633 000	221 938 000
Total Assets	1 957 415 000	2 420 659 000	1 414 224 000	1 560 924 000
Total Retained Equity	223 408 000	210 472 000	−15 920 000	−27 152 000
Total Equity	1 152 578 000	1 139 642 000	913 250 000	902 018 000
Total Long-Term Debt	776 026 000	896 853 000	471 196 000	475 858 000
Total Current Debt	28 811 000	384 163 000	29 777 000	183 048 000
Total Equity and Debt	1 957 415 000	2 420 659 000	1 414 224 000	1 560 924 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	0	0	0
Other Income	144 455 000	123 272 000	110 466 000	81 341 000
Revenue	144 455 000	123 272 000	110 466 000	81 341 000
Cost of Goods Sold	0	0	0	0
Salary Costs	20 250 000	28 116 000	39 408 000	29 310 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	136 791 000	113 922 000	93 525 000	66 514 000
Operating Profit	7 664 000	9 349 000	16 941 000	14 827 000
Financial Income	177 517 000	354 938 000	44 499 000	185 049 000
Financial Costs	169 570 000	136 709 000	48 061 000	197 325 000
Financial Balance	7 947 000	218 229 000	−3 562 000	−12 276 000
Dividends	0	0	0	153 209 000
Net Income	12 936 000	226 392 000	11 232 000	5 831 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	15 177 000	4 783 000	2 886 000	3 280 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 803 010 000	1 637 088 000	1 257 704 000	1 335 705 000
Total Fixed Assets	1 818 187 000	1 641 871 000	1 260 590 000	1 338 985 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 506 000	868 000	24 337 000	7 653 000
Total Current Assets	139 227 000	778 788 000	153 633 000	221 938 000
Total Assets	1 957 415 000	2 420 659 000	1 414 224 000	1 560 924 000
Total Equity	1 152 578 000	1 139 642 000	913 250 000	902 018 000
Short-Term Group Debt	15 516 000	361 244 000	11 322 000	167 473 000
Total Long-Term Debt	776 026 000	896 853 000	471 196 000	475 858 000
Creditors	0	7 504 000	3 541 000	3 751 000
Unpaid Taxes	1 492 000	1 422 000	1 165 000	700 000
Dividends	0	0	0	153 209 000
Other Current Debt	5 428 000	10 910 000	11 996 000	11 123 000
Total Current Debt	28 811 000	384 163 000	29 777 000	183 048 000
Total Equity and Debt	1 957 415 000	2 420 659 000	1 414 224 000	1 560 924 000

Financial indicators	2021	2020	2019	2018
Return on Equity	1,12 %	19,87 %	1,23 %	0,65 %
Debt-to-Equity Ratio	0,67	0,79	0,52	0,53
Operating Profit Margin	5,31 %	7,58 %	15,34 %	18,23 %
Current Ratio	4,83	2,03	5,16	1,21
Quick Ratio	4,83	2,03	5,16	1,21
Equity Ratio	0,59	0,47	0,65	0,58
Gross Profit Margin	100 %	100 %	100 %	100 %