LØVIKNES HOLDING AS

6390 VESTNES

Finances

Return on Equity

−53,62 %

Current Ratio

0,97

Debt-to-Equity Ratio

9,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	118 194 000	130 352 000	121 546 000	119 486 000
Net Income	−1 369 000	392 000	−1 134 000	1 310 000
Total Assets	65 710 000	73 566 000	67 240 000	62 919 000
Total Equity	2 553 000	3 922 000	3 580 000	4 714 000

Income (NOK)	2022	2021	2020	2019
Revenue	118 194 000	130 352 000	121 546 000	119 486 000
Expenditure	116 897 000	127 434 000	119 569 000	115 277 000
Operating Profit	1 297 000	2 919 000	1 977 000	4 210 000
Financial Income	270 000	352 000	255 000	36 000
Financial Costs	3 493 000	2 731 000	3 701 000	2 625 000
Financial Balance	−3 223 000	−2 379 000	−3 446 000	−2 589 000
Earnings Before Tax	−1 926 000	540 000	−1 470 000	1 621 000
Tax	−557 000	147 000	−336 000	311 000
Net Income	−1 369 000	392 000	−1 134 000	1 310 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 941 000	28 018 000	28 669 000	24 495 000
Total Current Assets	37 769 000	45 548 000	38 571 000	38 424 000
Total Assets	65 710 000	73 566 000	67 240 000	62 919 000
Total Retained Equity	2 053 000	3 422 000	3 080 000	4 214 000
Total Equity	2 553 000	3 922 000	3 580 000	4 714 000
Total Long-Term Debt	24 336 000	25 250 000	27 291 000	21 032 000
Total Current Debt	38 821 000	44 394 000	36 369 000	37 174 000
Total Equity and Debt	65 710 000	73 566 000	67 240 000	62 919 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	116 062 000	129 660 000	119 513 000	118 606 000
Other Income	2 132 000	691 000	2 033 000	880 000
Revenue	118 194 000	130 352 000	121 546 000	119 486 000
Cost of Goods Sold	90 943 000	100 092 000	95 345 000	94 882 000
Salary Costs	15 649 000	16 437 000	14 436 000	12 507 000
Depreciation	1 137 000	1 218 000	1 134 000	1 236 000
Impairment	0	0	0	0
Expenditure	116 897 000	127 434 000	119 569 000	115 277 000
Operating Profit	1 297 000	2 919 000	1 977 000	4 210 000
Financial Income	270 000	352 000	255 000	36 000
Financial Costs	3 493 000	2 731 000	3 701 000	2 625 000
Financial Balance	−3 223 000	−2 379 000	−3 446 000	−2 589 000
Dividends	0	0	0	0
Net Income	−1 369 000	392 000	−1 134 000	1 310 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	541 000	0	183 000	0
Real Eastate	25 997 000	26 555 000	27 114 000	22 857 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 190 000	1 251 000	1 135 000	1 337 000
Total Tangible Assets	27 187 000	27 806 000	28 249 000	24 194 000
Total Fiancial Fixed Assets	212 000	212 000	238 000	301 000
Total Fixed Assets	27 941 000	28 018 000	28 669 000	24 495 000
Stock	31 954 000	35 689 000	28 470 000	31 605 000
Total Investments	0	0	0	0
Cash, Bank	639 000	1 088 000	1 219 000	921 000
Total Current Assets	37 769 000	45 548 000	38 571 000	38 424 000
Total Assets	65 710 000	73 566 000	67 240 000	62 919 000
Total Equity	2 553 000	3 922 000	3 580 000	4 714 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	24 336 000	25 250 000	27 291 000	21 032 000
Creditors	7 682 000	9 698 000	9 878 000	11 868 000
Unpaid Taxes	2 052 000	4 085 000	2 979 000	3 103 000
Dividends	0	0	0	0
Other Current Debt	6 867 000	7 937 000	2 220 000	2 514 000
Total Current Debt	38 821 000	44 394 000	36 369 000	37 174 000
Total Equity and Debt	65 710 000	73 566 000	67 240 000	62 919 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−53,62 %	9,99 %	−31,68 %	27,79 %
Debt-to-Equity Ratio	9,53	6,44	7,62	4,46
Operating Profit Margin	1,1 %	2,24 %	1,63 %	3,52 %
Current Ratio	0,97	1,03	1,06	1,03
Quick Ratio	5,5	5,23	4,88	6,9
Equity Ratio	0,04	0,05	0,05	0,07
Gross Profit Margin	23,06 %	23,21 %	21,56 %	20,59 %