LØTEN MØBELSENTER AS

2406 ELVERUM

Finances

Return on Equity

−0,33 %

Current Ratio

3,98

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 845 000	20 155 000	19 315 000	19 973 000
Net Income	−40 000	1 424 000	548 000	624 000
Total Assets	14 875 000	16 985 000	18 064 000	22 490 000
Total Equity	11 979 000	13 019 000	11 595 000	11 047 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 845 000	20 155 000	19 315 000	19 973 000
Expenditure	17 801 000	18 458 000	18 077 000	19 089 000
Operating Profit	43 000	1 697 000	1 240 000	885 000
Financial Income	139 000	183 000	71 000	609 000
Financial Costs	191 000	53 000	607 000	685 000
Financial Balance	−52 000	130 000	−536 000	−76 000
Earnings Before Tax	−8 000	1 827 000	704 000	809 000
Tax	32 000	403 000	156 000	185 000
Net Income	−40 000	1 424 000	548 000	624 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 143 000	5 070 000	4 561 000	5 066 000
Total Current Assets	10 732 000	11 916 000	13 503 000	17 423 000
Total Assets	14 875 000	16 985 000	18 064 000	22 490 000
Total Retained Equity	10 979 000	12 019 000	10 595 000	10 047 000
Total Equity	11 979 000	13 019 000	11 595 000	11 047 000
Total Long-Term Debt	200 000	444 000	442 000	442 000
Total Current Debt	2 696 000	3 522 000	6 027 000	11 001 000
Total Equity and Debt	14 875 000	16 985 000	18 064 000	22 490 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 845 000	20 155 000	19 261 000	18 837 000
Other Income	0	0	54 000	1 137 000
Revenue	17 845 000	20 155 000	19 315 000	19 973 000
Cost of Goods Sold	9 713 000	10 372 000	10 350 000	10 163 000
Salary Costs	3 932 000	4 208 000	3 719 000	4 492 000
Depreciation	0	27 000	42 000	87 000
Impairment	0	0	0	0
Expenditure	17 801 000	18 458 000	18 077 000	19 089 000
Operating Profit	43 000	1 697 000	1 240 000	885 000
Financial Income	139 000	183 000	71 000	609 000
Financial Costs	191 000	53 000	607 000	685 000
Financial Balance	−52 000	130 000	−536 000	−76 000
Dividends	0	0	0	0
Net Income	−40 000	1 424 000	548 000	624 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	113 000	112 000	99 000	141 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	27 000	68 000
Total Tangible Assets	0	0	27 000	68 000
Total Fiancial Fixed Assets	4 030 000	4 958 000	4 435 000	4 858 000
Total Fixed Assets	4 143 000	5 070 000	4 561 000	5 066 000
Stock	7 205 000	7 056 000	5 880 000	5 781 000
Total Investments	276 000	418 000	0	0
Cash, Bank	2 624 000	4 137 000	7 353 000	11 376 000
Total Current Assets	10 732 000	11 916 000	13 503 000	17 423 000
Total Assets	14 875 000	16 985 000	18 064 000	22 490 000
Total Equity	11 979 000	13 019 000	11 595 000	11 047 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	200 000	444 000	442 000	442 000
Creditors	1 376 000	1 106 000	690 000	989 000
Unpaid Taxes	832 000	1 104 000	1 053 000	1 282 000
Dividends	0	0	0	0
Other Current Debt	455 000	897 000	1 299 000	936 000
Total Current Debt	2 696 000	3 522 000	6 027 000	11 001 000
Total Equity and Debt	14 875 000	16 985 000	18 064 000	22 490 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,33 %	10,94 %	4,73 %	5,65 %
Debt-to-Equity Ratio	0,02	0,03	0,04	0,04
Operating Profit Margin	0,24 %	8,42 %	6,42 %	4,43 %
Current Ratio	3,98	3,38	2,24	1,58
Quick Ratio	−2,38	−3,37	91,86	3,34
Equity Ratio	0,81	0,77	0,64	0,49
Gross Profit Margin	45,57 %	48,54 %	46,41 %	49,12 %