LØHRE VVS AS

7290 STØREN

Finances

Return on Equity

5,55 %

Current Ratio

2,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 855 000	29 007 000	30 114 000	27 976 000
Net Income	438 000	781 000	−524 000	−602 000
Total Assets	13 414 000	16 399 000	13 881 000	13 738 000
Total Equity	7 895 000	7 457 000	9 676 000	10 737 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 855 000	29 007 000	30 114 000	27 976 000
Expenditure	27 250 000	27 958 000	30 803 000	28 744 000
Operating Profit	605 000	1 050 000	−688 000	−769 000
Financial Income	22 000	13 000	67 000	53 000
Financial Costs	59 000	56 000	50 000	56 000
Financial Balance	−37 000	−43 000	17 000	−3 000
Earnings Before Tax	568 000	1 006 000	−672 000	−771 000
Tax	130 000	225 000	−148 000	−170 000
Net Income	438 000	781 000	−524 000	−602 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	641 000	903 000	1 049 000	1 864 000
Total Current Assets	12 772 000	15 496 000	12 832 000	11 875 000
Total Assets	13 414 000	16 399 000	13 881 000	13 738 000
Total Retained Equity	7 795 000	7 357 000	9 576 000	10 637 000
Total Equity	7 895 000	7 457 000	9 676 000	10 737 000
Total Long-Term Debt	0	0	0	429 000
Total Current Debt	5 518 000	8 942 000	4 205 000	2 572 000
Total Equity and Debt	13 414 000	16 399 000	13 881 000	13 738 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 426 000	28 966 000	30 052 000	27 637 000
Other Income	429 000	40 000	62 000	339 000
Revenue	27 855 000	29 007 000	30 114 000	27 976 000
Cost of Goods Sold	9 358 000	9 417 000	12 005 000	17 378 000
Salary Costs	13 128 000	13 784 000	14 100 000	8 251 000
Depreciation	216 000	198 000	174 000	71 000
Impairment	0	0	0	0
Expenditure	27 250 000	27 958 000	30 803 000	28 744 000
Operating Profit	605 000	1 050 000	−688 000	−769 000
Financial Income	22 000	13 000	67 000	53 000
Financial Costs	59 000	56 000	50 000	56 000
Financial Balance	−37 000	−43 000	17 000	−3 000
Dividends	0	3 000 000	0	0
Net Income	438 000	781 000	−524 000	−602 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	56 000	131 000	356 000	25 000
Real Eastate	0	0	4 000	8 000
Machinery and Plant Facilities	94 000	107 000	132 000	34 000
Fixtures	449 000	598 000	465 000	202 000
Total Tangible Assets	544 000	705 000	602 000	244 000
Total Fiancial Fixed Assets	42 000	67 000	92 000	1 595 000
Total Fixed Assets	641 000	903 000	1 049 000	1 864 000
Stock	3 351 000	3 167 000	3 075 000	2 295 000
Total Investments	13 000	13 000	13 000	13 000
Cash, Bank	2 229 000	5 443 000	4 377 000	2 788 000
Total Current Assets	12 772 000	15 496 000	12 832 000	11 875 000
Total Assets	13 414 000	16 399 000	13 881 000	13 738 000
Total Equity	7 895 000	7 457 000	9 676 000	10 737 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	429 000
Creditors	2 001 000	2 247 000	−26 000	514 000
Unpaid Taxes	1 988 000	1 673 000	1 988 000	1 147 000
Dividends	0	3 000 000	0	0
Other Current Debt	1 475 000	2 022 000	1 601 000	912 000
Total Current Debt	5 518 000	8 942 000	4 205 000	2 572 000
Total Equity and Debt	13 414 000	16 399 000	13 881 000	13 738 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,55 %	10,47 %	−5,42 %	−5,61 %
Debt-to-Equity Ratio	0	0	0	0,04
Operating Profit Margin	2,17 %	3,62 %	−2,28 %	−2,75 %
Current Ratio	2,31	1,73	3,05	4,62
Quick Ratio	5,89	2,68	11,36	42,87
Equity Ratio	0,59	0,45	0,7	0,78
Gross Profit Margin	66,4 %	67,54 %	60,13 %	37,88 %