LØLAND MEK VERKSTED AS

4760 BIRKELAND

Finances

Share Ownership

Return on Equity

20,13 %

Current Ratio

1,77

Debt-to-Equity Ratio

0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 010 000	4 845 000	3 401 000	4 872 000
Net Income	310 000	571 000	−235 000	567 000
Total Assets	3 068 000	2 702 000	1 953 000	2 734 000
Total Equity	1 540 000	1 230 000	660 000	895 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 010 000	4 845 000	3 401 000	4 872 000
Expenditure	5 580 000	4 141 000	3 602 000	4 252 000
Operating Profit	430 000	704 000	−201 000	620 000
Financial Income	1 000	0	2 000	0
Financial Costs	35 000	39 000	39 000	51 000
Financial Balance	−34 000	−39 000	−37 000	−51 000
Earnings Before Tax	395 000	665 000	−237 000	570 000
Tax	86 000	94 000	−2 000	2 000
Net Income	310 000	571 000	−235 000	567 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 195 000	908 000	952 000	895 000
Total Current Assets	1 873 000	1 794 000	1 001 000	1 839 000
Total Assets	3 068 000	2 702 000	1 953 000	2 734 000
Total Retained Equity	1 440 000	1 130 000	560 000	795 000
Total Equity	1 540 000	1 230 000	660 000	895 000
Total Long-Term Debt	469 000	599 000	692 000	784 000
Total Current Debt	1 060 000	873 000	601 000	1 055 000
Total Equity and Debt	3 068 000	2 702 000	1 953 000	2 734 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 972 000	4 845 000	3 401 000	4 872 000
Other Income	39 000	0	0	0
Revenue	6 010 000	4 845 000	3 401 000	4 872 000
Cost of Goods Sold	1 385 000	1 072 000	736 000	858 000
Salary Costs	2 901 000	2 060 000	1 867 000	2 541 000
Depreciation	80 000	75 000	83 000	64 000
Impairment	0	0	0	0
Expenditure	5 580 000	4 141 000	3 602 000	4 252 000
Operating Profit	430 000	704 000	−201 000	620 000
Financial Income	1 000	0	2 000	0
Financial Costs	35 000	39 000	39 000	51 000
Financial Balance	−34 000	−39 000	−37 000	−51 000
Dividends	0	0	0	0
Net Income	310 000	571 000	−235 000	567 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	892 000	734 000	749 000	773 000
Machinery and Plant Facilities	124 000	0	0	0
Fixtures	179 000	174 000	202 000	122 000
Total Tangible Assets	1 195 000	908 000	952 000	895 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 195 000	908 000	952 000	895 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	243 000	602 000	133 000	225 000
Total Current Assets	1 873 000	1 794 000	1 001 000	1 839 000
Total Assets	3 068 000	2 702 000	1 953 000	2 734 000
Total Equity	1 540 000	1 230 000	660 000	895 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	469 000	599 000	692 000	784 000
Creditors	194 000	168 000	166 000	183 000
Unpaid Taxes	519 000	427 000	258 000	558 000
Dividends	0	0	0	0
Other Current Debt	261 000	180 000	176 000	310 000
Total Current Debt	1 060 000	873 000	601 000	1 055 000
Total Equity and Debt	3 068 000	2 702 000	1 953 000	2 734 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,13 %	46,42 %	−35,61 %	63,35 %
Debt-to-Equity Ratio	0,3	0,49	1,05	0,88
Operating Profit Margin	7,15 %	14,53 %	−5,91 %	12,73 %
Current Ratio	1,77	2,05	1,67	1,74
Quick Ratio	1,77	2,05	1,67	1,74
Equity Ratio	0,5	0,46	0,34	0,33
Gross Profit Margin	76,96 %	77,87 %	78,36 %	82,39 %