LOVUNDVÆRING AS

8764 LOVUND

Finances

Share Ownership

Return on Equity

12,04 %

Current Ratio

−23,81

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 300 000	1 366 000	4 525 000	2 902 000
Net Income	1 312 000	−364 000	1 539 000	35 000
Total Assets	12 272 000	10 740 000	12 154 000	11 109 000
Total Equity	10 897 000	9 585 000	9 950 000	8 411 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 300 000	1 366 000	4 525 000	2 902 000
Expenditure	1 633 000	1 832 000	2 840 000	2 965 000
Operating Profit	1 666 000	−467 000	1 684 000	−63 000
Financial Income	16 000	0	1 000	109 000
Financial Costs	1 000	0	1 000	1 000
Financial Balance	15 000	0	0	108 000
Earnings Before Tax	1 682 000	−467 000	1 684 000	45 000
Tax	370 000	−103 000	145 000	10 000
Net Income	1 312 000	−364 000	1 539 000	35 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 964 000	8 873 000	9 681 000	9 641 000
Total Current Assets	4 309 000	1 866 000	2 473 000	1 468 000
Total Assets	12 272 000	10 740 000	12 154 000	11 109 000
Total Retained Equity	7 397 000	6 085 000	6 450 000	4 911 000
Total Equity	10 897 000	9 585 000	9 950 000	8 411 000
Total Long-Term Debt	1 556 000	929 000	1 313 000	2 001 000
Total Current Debt	−181 000	225 000	892 000	697 000
Total Equity and Debt	12 272 000	10 740 000	12 154 000	11 109 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 057 000	1 321 000	3 194 000	2 870 000
Other Income	1 243 000	44 000	1 331 000	33 000
Revenue	3 300 000	1 366 000	4 525 000	2 902 000
Cost of Goods Sold	0	1 000	5 000	−1 000
Salary Costs	663 000	569 000	1 013 000	1 387 000
Depreciation	385 000	808 000	745 000	577 000
Impairment	0	0	0	0
Expenditure	1 633 000	1 832 000	2 840 000	2 965 000
Operating Profit	1 666 000	−467 000	1 684 000	−63 000
Financial Income	16 000	0	1 000	109 000
Financial Costs	1 000	0	1 000	1 000
Financial Balance	15 000	0	0	108 000
Dividends	0	0	0	0
Net Income	1 312 000	−364 000	1 539 000	35 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 050 000	2 565 000	2 565 000	2 565 000
Real Eastate	0	0	0	1 380 000
Machinery and Plant Facilities	1 544 000	1 753 000	1 961 000	0
Fixtures	0	0	0	273 000
Total Tangible Assets	1 808 000	2 204 000	3 011 000	2 972 000
Total Fiancial Fixed Assets	4 105 000	4 105 000	4 105 000	4 105 000
Total Fixed Assets	7 964 000	8 873 000	9 681 000	9 641 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 231 000	1 821 000	2 445 000	941 000
Total Current Assets	4 309 000	1 866 000	2 473 000	1 468 000
Total Assets	12 272 000	10 740 000	12 154 000	11 109 000
Total Equity	10 897 000	9 585 000	9 950 000	8 411 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 556 000	929 000	1 313 000	2 001 000
Creditors	10 000	0	86 000	0
Unpaid Taxes	127 000	41 000	309 000	300 000
Dividends	0	0	0	0
Other Current Debt	15 000	175 000	163 000	286 000
Total Current Debt	−181 000	225 000	892 000	697 000
Total Equity and Debt	12 272 000	10 740 000	12 154 000	11 109 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,04 %	−3,8 %	15,47 %	0,42 %
Debt-to-Equity Ratio	0,14	0,1	0,13	0,24
Operating Profit Margin	50,48 %	−34,19 %	37,22 %	−2,17 %
Current Ratio	−23,81	8,29	2,77	2,11
Quick Ratio	−23,81	8,29	2,77	2,11
Equity Ratio	0,89	0,89	0,82	0,76
Gross Profit Margin	100 %	99,93 %	99,89 %	100,03 %