LØVENSKIOLD FOSSUM KRAFT

3721 SKIEN

Finances

Share Ownership

Return on Equity

−40,94 %

Current Ratio

0,39

Debt-to-Equity Ratio

−1,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	42 037 000	53 085 000	10 808 000	31 449 000
Net Income	14 594 000	28 883 000	−9 583 000	8 451 000
Total Assets	70 877 000	59 186 000	44 744 000	47 644 000
Total Equity	−35 650 000	−33 200 000	−51 900 000	−35 013 000

Income (NOK)	2022	2021	2020	2019
Revenue	42 037 000	53 085 000	10 808 000	31 449 000
Expenditure	24 397 000	22 512 000	18 440 000	20 627 000
Operating Profit	17 639 000	30 573 000	−7 632 000	10 823 000
Financial Income	15 000	36 000	56 000	48 000
Financial Costs	3 060 000	1 727 000	2 007 000	2 420 000
Financial Balance	−3 045 000	−1 691 000	−1 951 000	−2 372 000
Earnings Before Tax	14 594 000	28 883 000	−9 583 000	8 451 000
Tax	0	0	0	0
Net Income	14 594 000	28 883 000	−9 583 000	8 451 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	45 164 000	46 294 000	41 128 000	41 452 000
Total Current Assets	25 712 000	12 891 000	3 617 000	6 191 000
Total Assets	70 877 000	59 186 000	44 744 000	47 644 000
Total Retained Equity	−35 650 000	−33 200 000	−51 900 000	−35 013 000
Total Equity	−35 650 000	−33 200 000	−51 900 000	−35 013 000
Total Long-Term Debt	40 238 000	457 000	492 000	527 000
Total Current Debt	66 288 000	91 928 000	96 153 000	82 130 000
Total Equity and Debt	70 877 000	59 186 000	44 744 000	47 644 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	40 766 000	51 224 000	8 584 000	29 730 000
Other Income	1 271 000	1 862 000	2 224 000	1 719 000
Revenue	42 037 000	53 085 000	10 808 000	31 449 000
Cost of Goods Sold	1 163 000	521 000	1 475 000	1 104 000
Salary Costs	6 382 000	6 570 000	5 913 000	6 807 000
Depreciation	1 185 000	1 099 000	1 199 000	1 077 000
Impairment	0	0	0	0
Expenditure	24 397 000	22 512 000	18 440 000	20 627 000
Operating Profit	17 639 000	30 573 000	−7 632 000	10 823 000
Financial Income	15 000	36 000	56 000	48 000
Financial Costs	3 060 000	1 727 000	2 007 000	2 420 000
Financial Balance	−3 045 000	−1 691 000	−1 951 000	−2 372 000
Dividends	0	0	0	0
Net Income	14 594 000	28 883 000	−9 583 000	8 451 000

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	44 994 000	46 021 000	40 764 000	40 919 000
Fixtures	170 000	273 000	364 000	534 000
Total Tangible Assets	45 164 000	46 294 000	41 128 000	41 452 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	45 164 000	46 294 000	41 128 000	41 452 000
Stock	115 000	128 000	142 000	178 000
Total Investments	0	0	0	0
Cash, Bank	21 797 000	4 883 000	263 000	278 000
Total Current Assets	25 712 000	12 891 000	3 617 000	6 191 000
Total Assets	70 877 000	59 186 000	44 744 000	47 644 000
Total Equity	−35 650 000	−33 200 000	−51 900 000	−35 013 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	40 238 000	457 000	492 000	527 000
Creditors	4 653 000	4 088 000	1 410 000	1 823 000
Unpaid Taxes	6 266 000	1 763 000	714 000	1 404 000
Dividends	0	0	0	0
Other Current Debt	55 369 000	86 078 000	89 961 000	77 561 000
Total Current Debt	66 288 000	91 928 000	96 153 000	82 130 000
Total Equity and Debt	70 877 000	59 186 000	44 744 000	47 644 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−40,94 %	−87 %	18,46 %	−24,14 %
Debt-to-Equity Ratio	−1,13	−0,01	−0,01	−0,02
Operating Profit Margin	41,96 %	57,59 %	−70,61 %	34,41 %
Current Ratio	0,39	0,14	0,04	0,08
Quick Ratio	0,39	0,14	0,04	0,08
Equity Ratio	−0,5	−0,56	−1,16	−0,73
Gross Profit Margin	97,23 %	99,02 %	86,35 %	96,49 %