LØKKEN VERK BILSERVICE AS

7332 LØKKEN VERK

Finances

Return on Equity

18,63 %

Current Ratio

0,06

Debt-to-Equity Ratio

−0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	331 000	361 000	122 000	180 000
Net Income	−1 545 000	−1 093 000	−1 756 000	−953 000
Total Assets	762 000	509 000	491 000	890 000
Total Equity	−8 291 000	−6 746 000	−5 653 000	−3 896 000

Income (NOK)	2022	2021	2020	2019
Revenue	331 000	361 000	122 000	180 000
Expenditure	1 845 000	1 422 000	1 817 000	1 060 000
Operating Profit	−1 514 000	−1 061 000	−1 695 000	−880 000
Financial Income	0	0	0	0
Financial Costs	31 000	32 000	61 000	72 000
Financial Balance	−31 000	−32 000	−61 000	−72 000
Earnings Before Tax	−1 545 000	−1 093 000	−1 756 000	−953 000
Tax	0	0	0	0
Net Income	−1 545 000	−1 093 000	−1 756 000	−953 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	259 000	329 000	399 000	469 000
Total Current Assets	503 000	180 000	92 000	421 000
Total Assets	762 000	509 000	491 000	890 000
Total Retained Equity	−8 591 000	−7 046 000	−5 953 000	−4 196 000
Total Equity	−8 291 000	−6 746 000	−5 653 000	−3 896 000
Total Long-Term Debt	492 000	618 000	754 000	891 000
Total Current Debt	8 562 000	6 637 000	5 389 000	3 895 000
Total Equity and Debt	762 000	509 000	491 000	890 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	102 000	102 000	0	0
Other Income	229 000	258 000	122 000	180 000
Revenue	331 000	361 000	122 000	180 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 733 000	1 207 000	1 365 000	853 000
Depreciation	70 000	70 000	70 000	70 000
Impairment	0	0	0	0
Expenditure	1 845 000	1 422 000	1 817 000	1 060 000
Operating Profit	−1 514 000	−1 061 000	−1 695 000	−880 000
Financial Income	0	0	0	0
Financial Costs	31 000	32 000	61 000	72 000
Financial Balance	−31 000	−32 000	−61 000	−72 000
Dividends	0	0	0	0
Net Income	−1 545 000	−1 093 000	−1 756 000	−953 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	256 000	326 000	396 000	466 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	256 000	326 000	396 000	466 000
Total Fiancial Fixed Assets	3 000	3 000	3 000	3 000
Total Fixed Assets	259 000	329 000	399 000	469 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	100 000	32 000	82 000	81 000
Total Current Assets	503 000	180 000	92 000	421 000
Total Assets	762 000	509 000	491 000	890 000
Total Equity	−8 291 000	−6 746 000	−5 653 000	−3 896 000
Short-Term Group Debt	8 178 000	6 379 000	4 582 000	3 190 000
Total Long-Term Debt	492 000	618 000	754 000	891 000
Creditors	28 000	1 000	7 000	0
Unpaid Taxes	174 000	83 000	61 000	72 000
Dividends	0	0	0	0
Other Current Debt	182 000	175 000	739 000	634 000
Total Current Debt	8 562 000	6 637 000	5 389 000	3 895 000
Total Equity and Debt	762 000	509 000	491 000	890 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,63 %	16,2 %	31,06 %	24,46 %
Debt-to-Equity Ratio	−0,06	−0,09	−0,13	−0,23
Operating Profit Margin	−457,4 %	−293,91 %	−1 389,34 %	−488,89 %
Current Ratio	0,06	0,03	0,02	0,11
Quick Ratio	0,06	0,03	0,02	0,11
Equity Ratio	−10,88	−13,25	−11,51	−4,38
Gross Profit Margin	100 %	100 %	100 %	100 %