LØVDALS TREVARE AS

4909 SONGE

Finances

Return on Equity

12,9 %

Current Ratio

2,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	383 000	431 000	285 000	263 000
Net Income	93 000	240 000	12 000	−12 000
Total Assets	919 000	1 290 000	1 198 000	1 336 000
Total Equity	721 000	728 000	578 000	636 000

Income (NOK)	2022	2021	2020	2019
Revenue	383 000	431 000	285 000	263 000
Expenditure	233 000	234 000	186 000	236 000
Operating Profit	150 000	197 000	98 000	26 000
Financial Income	0	104 000	278 000	0
Financial Costs	14 000	14 000	323 000	31 000
Financial Balance	−14 000	90 000	−45 000	−31 000
Earnings Before Tax	136 000	287 000	53 000	−4 000
Tax	43 000	47 000	41 000	8 000
Net Income	93 000	240 000	12 000	−12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	426 000	678 000	750 000	1 226 000
Total Current Assets	493 000	612 000	447 000	110 000
Total Assets	919 000	1 290 000	1 198 000	1 336 000
Total Retained Equity	621 000	628 000	478 000	536 000
Total Equity	721 000	728 000	578 000	636 000
Total Long-Term Debt	0	144 000	308 000	464 000
Total Current Debt	198 000	418 000	312 000	236 000
Total Equity and Debt	919 000	1 290 000	1 198 000	1 336 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	134 000	113 000	69 000	51 000
Other Income	249 000	318 000	216 000	212 000
Revenue	383 000	431 000	285 000	263 000
Cost of Goods Sold	132 000	51 000	0	0
Salary Costs	0	0	0	0
Depreciation	52 000	52 000	52 000	52 000
Impairment	0	0	0	0
Expenditure	233 000	234 000	186 000	236 000
Operating Profit	150 000	197 000	98 000	26 000
Financial Income	0	104 000	278 000	0
Financial Costs	14 000	14 000	323 000	31 000
Financial Balance	−14 000	90 000	−45 000	−31 000
Dividends	100 000	90 000	70 000	75 000
Net Income	93 000	240 000	12 000	−12 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	317 000	369 000	422 000	474 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	317 000	369 000	422 000	474 000
Total Fiancial Fixed Assets	109 000	309 000	329 000	752 000
Total Fixed Assets	426 000	678 000	750 000	1 226 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	330 000	395 000	341 000	5 000
Total Current Assets	493 000	612 000	447 000	110 000
Total Assets	919 000	1 290 000	1 198 000	1 336 000
Total Equity	721 000	728 000	578 000	636 000
Short-Term Group Debt	119 000	119 000	218 000	0
Total Long-Term Debt	0	144 000	308 000	464 000
Creditors	17 000	16 000	11 000	12 000
Unpaid Taxes	15 000	44 000	7 000	9 000
Dividends	100 000	90 000	70 000	75 000
Other Current Debt	4 000	192 000	35 000	207 000
Total Current Debt	198 000	418 000	312 000	236 000
Total Equity and Debt	919 000	1 290 000	1 198 000	1 336 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,9 %	32,97 %	2,08 %	−1,89 %
Debt-to-Equity Ratio	0	0,2	0,53	0,73
Operating Profit Margin	39,16 %	45,71 %	34,39 %	9,89 %
Current Ratio	2,49	1,46	1,43	0,47
Quick Ratio	2,49	1,46	1,43	0,47
Equity Ratio	0,78	0,56	0,48	0,48
Gross Profit Margin	65,54 %	88,17 %	100 %	100 %