BJØRN ERIK LØVLIEN AS

2004 LILLESTRØM

Finances

Return on Equity

18,02 %

Current Ratio

2,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 302 000	5 284 000	4 603 000	4 657 000
Net Income	401 000	661 000	114 000	2 226 000
Total Assets	3 316 000	3 159 000	3 479 000	3 204 000
Total Equity	2 225 000	2 224 000	2 562 000	2 798 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 302 000	5 284 000	4 603 000	4 657 000
Expenditure	4 791 000	4 439 000	4 459 000	3 856 000
Operating Profit	512 000	845 000	144 000	801 000
Financial Income	3 000	3 000	4 000	1 536 000
Financial Costs	1 000	0	1 000	0
Financial Balance	2 000	3 000	3 000	1 536 000
Earnings Before Tax	514 000	848 000	147 000	2 337 000
Tax	113 000	187 000	32 000	111 000
Net Income	401 000	661 000	114 000	2 226 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	968 000	973 000	977 000	982 000
Total Current Assets	2 348 000	2 186 000	2 502 000	2 222 000
Total Assets	3 316 000	3 159 000	3 479 000	3 204 000
Total Retained Equity	2 120 000	2 119 000	2 458 000	2 693 000
Total Equity	2 225 000	2 224 000	2 562 000	2 798 000
Total Long-Term Debt	0	1 000	2 000	0
Total Current Debt	1 091 000	934 000	915 000	407 000
Total Equity and Debt	3 316 000	3 159 000	3 479 000	3 204 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 340 000	5 292 000	4 717 000	4 493 000
Other Income	−38 000	−8 000	−115 000	164 000
Revenue	5 302 000	5 284 000	4 603 000	4 657 000
Cost of Goods Sold	3 609 000	3 245 000	3 234 000	2 823 000
Salary Costs	693 000	682 000	679 000	566 000
Depreciation	5 000	5 000	5 000	5 000
Impairment	0	0	0	0
Expenditure	4 791 000	4 439 000	4 459 000	3 856 000
Operating Profit	512 000	845 000	144 000	801 000
Financial Income	3 000	3 000	4 000	1 536 000
Financial Costs	1 000	0	1 000	0
Financial Balance	2 000	3 000	3 000	1 536 000
Dividends	400 000	1 000 000	350 000	0
Net Income	401 000	661 000	114 000	2 226 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	5 000	9 000	14 000
Total Tangible Assets	0	5 000	9 000	14 000
Total Fiancial Fixed Assets	968 000	968 000	968 000	968 000
Total Fixed Assets	968 000	973 000	977 000	982 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 480 000	1 047 000	1 682 000	1 806 000
Total Current Assets	2 348 000	2 186 000	2 502 000	2 222 000
Total Assets	3 316 000	3 159 000	3 479 000	3 204 000
Total Equity	2 225 000	2 224 000	2 562 000	2 798 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	2 000	0
Creditors	286 000	499 000	326 000	164 000
Unpaid Taxes	220 000	182 000	132 000	72 000
Dividends	400 000	1 000 000	350 000	0
Other Current Debt	71 000	66 000	76 000	60 000
Total Current Debt	1 091 000	934 000	915 000	407 000
Total Equity and Debt	3 316 000	3 159 000	3 479 000	3 204 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,02 %	29,72 %	4,45 %	79,56 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,66 %	15,99 %	3,13 %	17,2 %
Current Ratio	2,15	2,34	2,73	5,46
Quick Ratio	2,15	2,34	2,73	5,46
Equity Ratio	0,67	0,7	0,74	0,87
Gross Profit Margin	31,93 %	38,59 %	29,74 %	39,38 %