M LØVAAS HOLDING AS

5258 BLOMSTERDALEN

Finances

Return on Equity

48,08 %

Current Ratio

2,12

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	260 787 000	210 704 000	175 136 000	165 617 000
Net Income	80 565 000	7 813 000	14 644 000	8 207 000
Total Assets	227 249 000	239 971 000	215 496 000	186 334 000
Total Equity	167 563 000	96 799 000	93 735 000	79 803 000

Income (NOK)	2022	2021	2020	2019
Revenue	260 787 000	210 704 000	175 136 000	165 617 000
Expenditure	247 408 000	198 966 000	154 188 000	154 718 000
Operating Profit	13 379 000	11 737 000	20 948 000	10 899 000
Financial Income	71 337 000	382 000	151 000	320 000
Financial Costs	1 304 000	2 326 000	2 323 000	2 773 000
Financial Balance	70 033 000	−1 944 000	−2 172 000	−2 453 000
Earnings Before Tax	83 412 000	9 794 000	18 775 000	8 447 000
Tax	2 847 000	1 980 000	4 131 000	239 000
Net Income	80 565 000	7 813 000	14 644 000	8 207 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	130 430 000	155 110 000	134 918 000	119 724 000
Total Current Assets	96 819 000	84 861 000	80 578 000	66 610 000
Total Assets	227 249 000	239 971 000	215 496 000	186 334 000
Total Retained Equity	167 123 000	96 358 000	93 295 000	79 362 000
Total Equity	167 563 000	96 799 000	93 735 000	79 803 000
Total Long-Term Debt	14 051 000	92 664 000	86 789 000	71 143 000
Total Current Debt	45 635 000	50 508 000	34 972 000	35 388 000
Total Equity and Debt	227 249 000	239 971 000	215 496 000	186 334 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	256 339 000	205 295 000	168 247 000	162 513 000
Other Income	4 449 000	5 409 000	6 889 000	3 104 000
Revenue	260 787 000	210 704 000	175 136 000	165 617 000
Cost of Goods Sold	147 858 000	109 246 000	76 438 000	63 198 000
Salary Costs	70 974 000	61 613 000	44 165 000	58 825 000
Depreciation	14 260 000	12 755 000	10 487 000	9 530 000
Impairment	0	0	0	0
Expenditure	247 408 000	198 966 000	154 188 000	154 718 000
Operating Profit	13 379 000	11 737 000	20 948 000	10 899 000
Financial Income	71 337 000	382 000	151 000	320 000
Financial Costs	1 304 000	2 326 000	2 323 000	2 773 000
Financial Balance	70 033 000	−1 944 000	−2 172 000	−2 453 000
Dividends	9 800 000	4 750 000	711 000	500 000
Net Income	80 565 000	7 813 000	14 644 000	8 207 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	2 225 000
Real Eastate	78 285 000	104 029 000	98 079 000	88 810 000
Machinery and Plant Facilities	49 980 000	48 075 000	33 370 000	24 600 000
Fixtures	1 993 000	2 781 000	0	4 067 000
Total Tangible Assets	130 257 000	154 885 000	134 918 000	117 477 000
Total Fiancial Fixed Assets	173 000	225 000	0	22 000
Total Fixed Assets	130 430 000	155 110 000	134 918 000	119 724 000
Stock	8 673 000	10 289 000	10 374 000	10 044 000
Total Investments	0	0	0	0
Cash, Bank	25 432 000	7 959 000	20 402 000	13 898 000
Total Current Assets	96 819 000	84 861 000	80 578 000	66 610 000
Total Assets	227 249 000	239 971 000	215 496 000	186 334 000
Total Equity	167 563 000	96 799 000	93 735 000	79 803 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 051 000	92 664 000	86 789 000	71 143 000
Creditors	10 429 000	19 771 000	16 582 000	12 340 000
Unpaid Taxes	15 849 000	12 568 000	9 079 000	9 396 000
Dividends	9 800 000	4 750 000	711 000	500 000
Other Current Debt	13 573 000	13 973 000	8 207 000	11 130 000
Total Current Debt	45 635 000	50 508 000	34 972 000	35 388 000
Total Equity and Debt	227 249 000	239 971 000	215 496 000	186 334 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,08 %	8,07 %	15,62 %	10,28 %
Debt-to-Equity Ratio	0,08	0,96	0,93	0,89
Operating Profit Margin	5,13 %	5,57 %	11,96 %	6,58 %
Current Ratio	2,12	1,68	2,3	1,88
Quick Ratio	2,62	2,11	3,28	2,63
Equity Ratio	0,74	0,4	0,43	0,43
Gross Profit Margin	43,3 %	48,15 %	56,36 %	61,84 %