LØVDAL AUTO AS

4823 NEDENES

Finances

Share Ownership

Return on Equity

96,38 %

Current Ratio

1,8

Debt-to-Equity Ratio

0,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 669 000	9 427 000	7 266 000	6 797 000
Net Income	985 000	1 161 000	778 000	690 000
Total Assets	3 346 000	3 591 000	2 971 000	2 392 000
Total Equity	1 022 000	2 037 000	1 725 000	997 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 669 000	9 427 000	7 266 000	6 797 000
Expenditure	8 407 000	7 939 000	6 265 000	6 020 000
Operating Profit	1 261 000	1 488 000	1 002 000	778 000
Financial Income	0	0	2 000	3 000
Financial Costs	1 000	0	0	1 000
Financial Balance	−1 000	0	2 000	2 000
Earnings Before Tax	1 261 000	1 488 000	1 003 000	780 000
Tax	276 000	327 000	225 000	90 000
Net Income	985 000	1 161 000	778 000	690 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	301 000	275 000	184 000	250 000
Total Current Assets	3 045 000	3 317 000	2 787 000	2 143 000
Total Assets	3 346 000	3 591 000	2 971 000	2 392 000
Total Retained Equity	822 000	1 837 000	1 525 000	797 000
Total Equity	1 022 000	2 037 000	1 725 000	997 000
Total Long-Term Debt	631 000	263 000	22 000	436 000
Total Current Debt	1 694 000	1 291 000	1 224 000	959 000
Total Equity and Debt	3 346 000	3 591 000	2 971 000	2 392 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 669 000	9 427 000	7 266 000	6 797 000
Other Income	0	0	0	0
Revenue	9 669 000	9 427 000	7 266 000	6 797 000
Cost of Goods Sold	3 495 000	3 264 000	2 376 000	2 216 000
Salary Costs	3 695 000	3 523 000	2 797 000	2 835 000
Depreciation	70 000	67 000	66 000	74 000
Impairment	0	0	0	0
Expenditure	8 407 000	7 939 000	6 265 000	6 020 000
Operating Profit	1 261 000	1 488 000	1 002 000	778 000
Financial Income	0	0	2 000	3 000
Financial Costs	1 000	0	0	1 000
Financial Balance	−1 000	0	2 000	2 000
Dividends	2 000 000	850 000	50 000	0
Net Income	985 000	1 161 000	778 000	690 000

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	0	0	0	0
Fixtures	301 000	275 000	184 000	250 000
Total Tangible Assets	301 000	275 000	184 000	250 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	301 000	275 000	184 000	250 000
Stock	452 000	186 000	374 000	172 000
Total Investments	0	0	0	0
Cash, Bank	2 223 000	2 863 000	2 228 000	1 733 000
Total Current Assets	3 045 000	3 317 000	2 787 000	2 143 000
Total Assets	3 346 000	3 591 000	2 971 000	2 392 000
Total Equity	1 022 000	2 037 000	1 725 000	997 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	631 000	263 000	22 000	436 000
Creditors	343 000	158 000	247 000	214 000
Unpaid Taxes	507 000	471 000	450 000	382 000
Dividends	2 000 000	850 000	50 000	0
Other Current Debt	367 000	334 000	302 000	274 000
Total Current Debt	1 694 000	1 291 000	1 224 000	959 000
Total Equity and Debt	3 346 000	3 591 000	2 971 000	2 392 000

Financial indicators	2022	2021	2020	2019
Return on Equity	96,38 %	57 %	45,1 %	69,21 %
Debt-to-Equity Ratio	0,62	0,13	0,01	0,44
Operating Profit Margin	13,04 %	15,78 %	13,79 %	11,45 %
Current Ratio	1,8	2,57	2,28	2,23
Quick Ratio	2,45	3	3,28	2,72
Equity Ratio	0,31	0,57	0,58	0,42
Gross Profit Margin	63,85 %	65,38 %	67,3 %	67,4 %