LØVIKGATEN 1 AS

4405 FLEKKEFJORD

Finances

Share Ownership

Return on Equity

16,75 %

Current Ratio

0,8

Debt-to-Equity Ratio

2,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 547 000	1 507 000	1 488 000	1 479 000
Net Income	527 000	595 000	567 000	428 000
Total Assets	10 564 000	10 550 000	10 832 000	11 295 000
Total Equity	3 147 000	2 920 000	2 605 000	2 438 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 547 000	1 507 000	1 488 000	1 479 000
Expenditure	565 000	500 000	476 000	578 000
Operating Profit	981 000	1 006 000	1 011 000	901 000
Financial Income	0	0	0	1 000
Financial Costs	306 000	243 000	285 000	352 000
Financial Balance	−306 000	−243 000	−285 000	−351 000
Earnings Before Tax	676 000	763 000	727 000	549 000
Tax	149 000	168 000	160 000	121 000
Net Income	527 000	595 000	567 000	428 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 090 000	10 225 000	10 384 000	10 542 000
Total Current Assets	474 000	325 000	448 000	753 000
Total Assets	10 564 000	10 550 000	10 832 000	11 295 000
Total Retained Equity	3 117 000	2 890 000	2 575 000	2 408 000
Total Equity	3 147 000	2 920 000	2 605 000	2 438 000
Total Long-Term Debt	6 823 000	6 902 000	7 473 000	7 977 000
Total Current Debt	594 000	729 000	754 000	880 000
Total Equity and Debt	10 564 000	10 550 000	10 832 000	11 295 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 547 000	1 507 000	1 488 000	1 479 000
Revenue	1 547 000	1 507 000	1 488 000	1 479 000
Cost of Goods Sold	0	0	0	0
Salary Costs	118 000	98 000	56 000	19 000
Depreciation	157 000	159 000	158 000	146 000
Impairment	0	0	0	0
Expenditure	565 000	500 000	476 000	578 000
Operating Profit	981 000	1 006 000	1 011 000	901 000
Financial Income	0	0	0	1 000
Financial Costs	306 000	243 000	285 000	352 000
Financial Balance	−306 000	−243 000	−285 000	−351 000
Dividends	300 000	280 000	400 000	500 000
Net Income	527 000	595 000	567 000	428 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 090 000	10 225 000	10 384 000	10 542 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	10 090 000	10 225 000	10 384 000	10 542 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 090 000	10 225 000	10 384 000	10 542 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	212 000	34 000	103 000	69 000
Total Current Assets	474 000	325 000	448 000	753 000
Total Assets	10 564 000	10 550 000	10 832 000	11 295 000
Total Equity	3 147 000	2 920 000	2 605 000	2 438 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 823 000	6 902 000	7 473 000	7 977 000
Creditors	0	8 000	0	0
Unpaid Taxes	69 000	64 000	63 000	25 000
Dividends	300 000	280 000	400 000	500 000
Other Current Debt	48 000	39 000	16 000	35 000
Total Current Debt	594 000	729 000	754 000	880 000
Total Equity and Debt	10 564 000	10 550 000	10 832 000	11 295 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,75 %	20,38 %	21,77 %	17,56 %
Debt-to-Equity Ratio	2,17	2,36	2,87	3,27
Operating Profit Margin	63,41 %	66,76 %	67,94 %	60,92 %
Current Ratio	0,8	0,45	0,59	0,86
Quick Ratio	0,8	0,45	0,59	0,86
Equity Ratio	0,3	0,28	0,24	0,22
Gross Profit Margin	100 %	100 %	100 %	100 %