KJELL ARNE LØVLI AS

3739 SKIEN

Finances

Share Ownership

Return on Equity

24,38 %

Current Ratio

2,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 828 000	3 550 000	3 437 000	2 521 000
Net Income	814 000	635 000	630 000	107 000
Total Assets	4 007 000	3 436 000	2 784 000	2 252 000
Total Equity	3 339 000	2 525 000	1 890 000	1 560 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 828 000	3 550 000	3 437 000	2 521 000
Expenditure	2 772 000	2 710 000	2 628 000	2 377 000
Operating Profit	1 055 000	840 000	810 000	144 000
Financial Income	0	0	1 000	1 000
Financial Costs	12 000	27 000	3 000	7 000
Financial Balance	−12 000	−27 000	−2 000	−6 000
Earnings Before Tax	1 043 000	814 000	808 000	137 000
Tax	229 000	179 000	178 000	30 000
Net Income	814 000	635 000	630 000	107 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 060 000	1 666 000	1 097 000	1 041 000
Total Current Assets	1 947 000	1 770 000	1 687 000	1 211 000
Total Assets	4 007 000	3 436 000	2 784 000	2 252 000
Total Retained Equity	3 139 000	2 325 000	1 690 000	1 360 000
Total Equity	3 339 000	2 525 000	1 890 000	1 560 000
Total Long-Term Debt	16 000	0	0	0
Total Current Debt	653 000	911 000	893 000	691 000
Total Equity and Debt	4 007 000	3 436 000	2 784 000	2 252 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 537 000	3 382 000	3 437 000	2 521 000
Other Income	290 000	168 000	0	0
Revenue	3 828 000	3 550 000	3 437 000	2 521 000
Cost of Goods Sold	122 000	194 000	294 000	310 000
Salary Costs	938 000	916 000	907 000	914 000
Depreciation	723 000	579 000	429 000	379 000
Impairment	0	0	0	0
Expenditure	2 772 000	2 710 000	2 628 000	2 377 000
Operating Profit	1 055 000	840 000	810 000	144 000
Financial Income	0	0	1 000	1 000
Financial Costs	12 000	27 000	3 000	7 000
Financial Balance	−12 000	−27 000	−2 000	−6 000
Dividends	0	0	300 000	0
Net Income	814 000	635 000	630 000	107 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	53 000	52 000	42 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 803 000	1 381 000	1 045 000	994 000
Fixtures	257 000	232 000	0	5 000
Total Tangible Assets	2 060 000	1 613 000	1 045 000	999 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 060 000	1 666 000	1 097 000	1 041 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	464 000	239 000	205 000	288 000
Total Current Assets	1 947 000	1 770 000	1 687 000	1 211 000
Total Assets	4 007 000	3 436 000	2 784 000	2 252 000
Total Equity	3 339 000	2 525 000	1 890 000	1 560 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	16 000	0	0	0
Creditors	44 000	31 000	17 000	6 000
Unpaid Taxes	272 000	319 000	193 000	241 000
Dividends	0	0	300 000	0
Other Current Debt	176 000	382 000	195 000	396 000
Total Current Debt	653 000	911 000	893 000	691 000
Total Equity and Debt	4 007 000	3 436 000	2 784 000	2 252 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,38 %	25,15 %	33,33 %	6,86 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	27,56 %	23,66 %	23,57 %	5,71 %
Current Ratio	2,98	1,94	1,89	1,75
Quick Ratio	2,98	1,94	1,89	1,75
Equity Ratio	0,83	0,73	0,68	0,69
Gross Profit Margin	96,81 %	94,54 %	91,45 %	87,7 %