BJARTE LØVOLD AS

6146 ÅHEIM

Finances

Return on Equity

−3,71 %

Current Ratio

0,23

Debt-to-Equity Ratio

−1,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 380 000	2 723 000	3 339 000	2 547 000
Net Income	14 000	350 000	−647 000	18 000
Total Assets	514 000	723 000	1 079 000	1 169 000
Total Equity	−377 000	−391 000	−740 000	−93 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 380 000	2 723 000	3 339 000	2 547 000
Expenditure	1 335 000	2 241 000	4 135 000	2 495 000
Operating Profit	45 000	482 000	−796 000	51 000
Financial Income	0	0	0	15 000
Financial Costs	27 000	31 000	33 000	43 000
Financial Balance	−27 000	−31 000	−33 000	−28 000
Earnings Before Tax	19 000	451 000	−830 000	23 000
Tax	4 000	101 000	−183 000	5 000
Net Income	14 000	350 000	−647 000	18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	441 000	433 000	549 000	344 000
Total Current Assets	73 000	291 000	530 000	825 000
Total Assets	514 000	723 000	1 079 000	1 169 000
Total Retained Equity	−477 000	−491 000	−840 000	−193 000
Total Equity	−377 000	−391 000	−740 000	−93 000
Total Long-Term Debt	570 000	740 000	830 000	803 000
Total Current Debt	321 000	374 000	990 000	459 000
Total Equity and Debt	514 000	723 000	1 079 000	1 169 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 354 000	2 723 000	3 304 000	2 524 000
Other Income	27 000	0	35 000	22 000
Revenue	1 380 000	2 723 000	3 339 000	2 547 000
Cost of Goods Sold	109 000	778 000	1 278 000	331 000
Salary Costs	547 000	609 000	1 090 000	863 000
Depreciation	30 000	38 000	144 000	115 000
Impairment	0	0	0	0
Expenditure	1 335 000	2 241 000	4 135 000	2 495 000
Operating Profit	45 000	482 000	−796 000	51 000
Financial Income	0	0	0	15 000
Financial Costs	27 000	31 000	33 000	43 000
Financial Balance	−27 000	−31 000	−33 000	−28 000
Dividends	0	0	0	0
Net Income	14 000	350 000	−647 000	18 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	251 000	255 000	356 000	174 000
Real Eastate	121 000	126 000	131 000	136 000
Machinery and Plant Facilities	10 000	17 000	0	32 000
Fixtures	57 000	32 000	60 000	0
Total Tangible Assets	188 000	175 000	191 000	168 000
Total Fiancial Fixed Assets	2 000	2 000	2 000	2 000
Total Fixed Assets	441 000	433 000	549 000	344 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	15 000	19 000	57 000	48 000
Total Current Assets	73 000	291 000	530 000	825 000
Total Assets	514 000	723 000	1 079 000	1 169 000
Total Equity	−377 000	−391 000	−740 000	−93 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	570 000	740 000	830 000	803 000
Creditors	39 000	35 000	532 000	82 000
Unpaid Taxes	79 000	84 000	121 000	165 000
Dividends	0	0	0	0
Other Current Debt	46 000	59 000	144 000	75 000
Total Current Debt	321 000	374 000	990 000	459 000
Total Equity and Debt	514 000	723 000	1 079 000	1 169 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,71 %	−89,51 %	87,43 %	−19,35 %
Debt-to-Equity Ratio	−1,51	−1,89	−1,12	−8,63
Operating Profit Margin	3,26 %	17,7 %	−23,84 %	2 %
Current Ratio	0,23	0,78	0,54	1,8
Quick Ratio	0,23	0,78	0,54	1,8
Equity Ratio	−0,73	−0,54	−0,69	−0,08
Gross Profit Margin	92,1 %	71,43 %	61,73 %	87 %