LØVER MASKINSERVICE AS

3647 HVITTINGFOSS

Finances

Return on Equity

−134,47 %

Current Ratio

2,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	110 000	1 355 000	2 765 000	2 353 000
Net Income	−593 000	−458 000	530 000	599 000
Total Assets	525 000	1 197 000	2 337 000	2 273 000
Total Equity	441 000	1 034 000	1 737 000	1 207 000

Income (NOK)	2022	2021	2020	2019
Revenue	110 000	1 355 000	2 765 000	2 353 000
Expenditure	697 000	1 813 000	2 474 000	2 235 000
Operating Profit	−588 000	−457 000	292 000	118 000
Financial Income	0	0	307 000	508 000
Financial Costs	5 000	1 000	1 000	0
Financial Balance	−5 000	−1 000	306 000	508 000
Earnings Before Tax	−593 000	−458 000	597 000	626 000
Tax	0	0	67 000	26 000
Net Income	−593 000	−458 000	530 000	599 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	307 000	437 000	401 000	458 000
Total Current Assets	219 000	761 000	1 936 000	1 815 000
Total Assets	525 000	1 197 000	2 337 000	2 273 000
Total Retained Equity	241 000	834 000	1 537 000	1 007 000
Total Equity	441 000	1 034 000	1 737 000	1 207 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	84 000	164 000	600 000	1 066 000
Total Equity and Debt	525 000	1 197 000	2 337 000	2 273 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	110 000	1 425 000	2 361 000	2 338 000
Other Income	0	−69 000	404 000	16 000
Revenue	110 000	1 355 000	2 765 000	2 353 000
Cost of Goods Sold	0	46 000	78 000	71 000
Salary Costs	6 000	1 118 000	1 795 000	1 560 000
Depreciation	28 000	33 000	21 000	24 000
Impairment	0	0	0	0
Expenditure	697 000	1 813 000	2 474 000	2 235 000
Operating Profit	−588 000	−457 000	292 000	118 000
Financial Income	0	0	307 000	508 000
Financial Costs	5 000	1 000	1 000	0
Financial Balance	−5 000	−1 000	306 000	508 000
Dividends	0	0	0	500 000
Net Income	−593 000	−458 000	530 000	599 000

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	78 000	106 000	40 000	62 000
Fixtures	0	0	0	0
Total Tangible Assets	78 000	106 000	40 000	62 000
Total Fiancial Fixed Assets	228 000	330 000	361 000	396 000
Total Fixed Assets	307 000	437 000	401 000	458 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	109 000	598 000	1 619 000	1 520 000
Total Current Assets	219 000	761 000	1 936 000	1 815 000
Total Assets	525 000	1 197 000	2 337 000	2 273 000
Total Equity	441 000	1 034 000	1 737 000	1 207 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	84 000	34 000	37 000	115 000
Unpaid Taxes	0	12 000	109 000	85 000
Dividends	0	0	0	500 000
Other Current Debt	0	117 000	387 000	340 000
Total Current Debt	84 000	164 000	600 000	1 066 000
Total Equity and Debt	525 000	1 197 000	2 337 000	2 273 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−134,47 %	−44,29 %	30,51 %	49,63 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−534,55 %	−33,73 %	10,56 %	5,01 %
Current Ratio	2,61	4,64	3,23	1,7
Quick Ratio	2,61	4,64	3,23	1,7
Equity Ratio	0,84	0,86	0,74	0,53
Gross Profit Margin	100 %	96,61 %	97,18 %	96,98 %