LØVÅS MASKIN AS

3864 RAULAND

Finances

Share Ownership

Return on Equity

19,33 %

Current Ratio

12,64

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 440 000	1 329 000	908 000	1 596 000
Net Income	368 000	111 000	−20 000	325 000
Total Assets	2 207 000	1 767 000	1 681 000	1 795 000
Total Equity	1 904 000	1 536 000	1 425 000	1 445 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 440 000	1 329 000	908 000	1 596 000
Expenditure	1 000 000	1 263 000	906 000	1 171 000
Operating Profit	439 000	66 000	2 000	424 000
Financial Income	0	0	0	0
Financial Costs	12 000	4 000	7 000	8 000
Financial Balance	−12 000	−4 000	−7 000	−8 000
Earnings Before Tax	428 000	62 000	−5 000	417 000
Tax	59 000	−49 000	15 000	92 000
Net Income	368 000	111 000	−20 000	325 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 322 000	674 000	784 000	742 000
Total Current Assets	885 000	1 092 000	897 000	1 053 000
Total Assets	2 207 000	1 767 000	1 681 000	1 795 000
Total Retained Equity	1 719 000	1 351 000	1 240 000	1 260 000
Total Equity	1 904 000	1 536 000	1 425 000	1 445 000
Total Long-Term Debt	233 000	0	126 000	165 000
Total Current Debt	70 000	231 000	130 000	184 000
Total Equity and Debt	2 207 000	1 767 000	1 681 000	1 795 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	975 000	1 132 000	904 000	1 415 000
Other Income	465 000	197 000	4 000	180 000
Revenue	1 440 000	1 329 000	908 000	1 596 000
Cost of Goods Sold	444 000	513 000	292 000	562 000
Salary Costs	21 000	37 000	33 000	67 000
Depreciation	278 000	335 000	182 000	288 000
Impairment	0	0	0	0
Expenditure	1 000 000	1 263 000	906 000	1 171 000
Operating Profit	439 000	66 000	2 000	424 000
Financial Income	0	0	0	0
Financial Costs	12 000	4 000	7 000	8 000
Financial Balance	−12 000	−4 000	−7 000	−8 000
Dividends	0	0	0	0
Net Income	368 000	111 000	−20 000	325 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	106 000	110 000	113 000	117 000
Machinery and Plant Facilities	287 000	151 000	147 000	160 000
Fixtures	928 000	414 000	453 000	465 000
Total Tangible Assets	1 322 000	674 000	784 000	742 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 322 000	674 000	784 000	742 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	810 000	1 023 000	689 000	971 000
Total Current Assets	885 000	1 092 000	897 000	1 053 000
Total Assets	2 207 000	1 767 000	1 681 000	1 795 000
Total Equity	1 904 000	1 536 000	1 425 000	1 445 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	233 000	0	126 000	165 000
Creditors	27 000	48 000	0	−1 000
Unpaid Taxes	21 000	121 000	7 000	47 000
Dividends	0	0	0	0
Other Current Debt	20 000	31 000	104 000	45 000
Total Current Debt	70 000	231 000	130 000	184 000
Total Equity and Debt	2 207 000	1 767 000	1 681 000	1 795 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,33 %	7,23 %	−1,4 %	22,49 %
Debt-to-Equity Ratio	0,12	0	0,09	0,11
Operating Profit Margin	30,49 %	4,97 %	0,22 %	26,57 %
Current Ratio	12,64	4,73	6,9	5,72
Quick Ratio	12,64	4,73	6,9	5,72
Equity Ratio	0,86	0,87	0,85	0,81
Gross Profit Margin	69,17 %	61,4 %	67,84 %	64,79 %