LOVUND VASK AS

8764 LOVUND

Finances

Share Ownership

Return on Equity

14,23 %

Current Ratio

1,85

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 648 000	3 043 000	2 621 000	2 487 000
Net Income	631 000	868 000	663 000	829 000
Total Assets	6 541 000	6 055 000	5 743 000	6 155 000
Total Equity	4 434 000	5 353 000	4 486 000	3 823 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 648 000	3 043 000	2 621 000	2 487 000
Expenditure	1 868 000	1 916 000	1 740 000	1 329 000
Operating Profit	781 000	1 127 000	881 000	1 159 000
Financial Income	28 000	9 000	15 000	13 000
Financial Costs	0	24 000	46 000	109 000
Financial Balance	28 000	−15 000	−31 000	−96 000
Earnings Before Tax	809 000	1 112 000	850 000	1 063 000
Tax	178 000	245 000	187 000	234 000
Net Income	631 000	868 000	663 000	829 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 645 000	2 861 000	2 843 000	3 020 000
Total Current Assets	3 896 000	3 193 000	2 900 000	3 135 000
Total Assets	6 541 000	6 055 000	5 743 000	6 155 000
Total Retained Equity	4 334 000	5 253 000	4 386 000	3 723 000
Total Equity	4 434 000	5 353 000	4 486 000	3 823 000
Total Long-Term Debt	0	0	633 000	1 729 000
Total Current Debt	2 107 000	701 000	625 000	603 000
Total Equity and Debt	6 541 000	6 055 000	5 743 000	6 155 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 422 000	2 959 000	2 501 000	2 403 000
Other Income	227 000	84 000	120 000	84 000
Revenue	2 648 000	3 043 000	2 621 000	2 487 000
Cost of Goods Sold	0	0	28 000	18 000
Salary Costs	1 134 000	1 242 000	1 063 000	777 000
Depreciation	224 000	290 000	289 000	200 000
Impairment	0	0	0	0
Expenditure	1 868 000	1 916 000	1 740 000	1 329 000
Operating Profit	781 000	1 127 000	881 000	1 159 000
Financial Income	28 000	9 000	15 000	13 000
Financial Costs	0	24 000	46 000	109 000
Financial Balance	28 000	−15 000	−31 000	−96 000
Dividends	1 550 000	0	0	0
Net Income	631 000	868 000	663 000	829 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	75 000	67 000	52 000	25 000
Real Eastate	2 361 000	2 543 000	2 724 000	2 860 000
Machinery and Plant Facilities	0	0	67 000	135 000
Fixtures	210 000	251 000	0	0
Total Tangible Assets	2 570 000	2 794 000	2 791 000	2 995 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 645 000	2 861 000	2 843 000	3 020 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 659 000	2 968 000	2 532 000	3 004 000
Total Current Assets	3 896 000	3 193 000	2 900 000	3 135 000
Total Assets	6 541 000	6 055 000	5 743 000	6 155 000
Total Equity	4 434 000	5 353 000	4 486 000	3 823 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	633 000	1 729 000
Creditors	95 000	111 000	86 000	90 000
Unpaid Taxes	120 000	84 000	79 000	147 000
Dividends	1 550 000	0	0	0
Other Current Debt	157 000	246 000	246 000	126 000
Total Current Debt	2 107 000	701 000	625 000	603 000
Total Equity and Debt	6 541 000	6 055 000	5 743 000	6 155 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,23 %	16,22 %	14,78 %	21,68 %
Debt-to-Equity Ratio	0	0	0,14	0,45
Operating Profit Margin	29,49 %	37,04 %	33,61 %	46,6 %
Current Ratio	1,85	4,55	4,64	5,2
Quick Ratio	1,85	4,55	4,64	5,2
Equity Ratio	0,68	0,88	0,78	0,62
Gross Profit Margin	100 %	100 %	98,93 %	99,28 %