M LØVAAS MASKINUTLEIE AS

5258 BLOMSTERDALEN

Finances

Share Ownership

Return on Equity

23,09 %

Current Ratio

0,33

Debt-to-Equity Ratio

0,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 083 000	12 269 000	14 454 000	14 044 000
Net Income	3 279 000	2 390 000	3 479 000	3 437 000
Total Assets	26 559 000	33 187 000	26 131 000	23 882 000
Total Equity	14 204 000	13 934 000	14 913 000	15 177 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 083 000	12 269 000	14 454 000	14 044 000
Expenditure	8 683 000	9 137 000	10 007 000	9 580 000
Operating Profit	4 400 000	3 131 000	4 447 000	4 464 000
Financial Income	0	152 000	132 000	58 000
Financial Costs	196 000	219 000	118 000	111 000
Financial Balance	−196 000	−67 000	14 000	−53 000
Earnings Before Tax	4 204 000	3 064 000	4 461 000	4 410 000
Tax	925 000	674 000	982 000	973 000
Net Income	3 279 000	2 390 000	3 479 000	3 437 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 804 000	26 057 000	19 857 000	18 010 000
Total Current Assets	1 755 000	7 130 000	6 274 000	5 872 000
Total Assets	26 559 000	33 187 000	26 131 000	23 882 000
Total Retained Equity	14 095 000	13 825 000	14 805 000	15 068 000
Total Equity	14 204 000	13 934 000	14 913 000	15 177 000
Total Long-Term Debt	7 073 000	13 852 000	5 870 000	3 157 000
Total Current Debt	5 282 000	5 401 000	5 348 000	5 547 000
Total Equity and Debt	26 559 000	33 187 000	26 131 000	23 882 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	398 000	578 000	266 000	1 052 000
Other Income	12 684 000	11 690 000	14 189 000	12 992 000
Revenue	13 083 000	12 269 000	14 454 000	14 044 000
Cost of Goods Sold	385 000	477 000	220 000	1 048 000
Salary Costs	705 000	978 000	1 320 000	727 000
Depreciation	5 379 000	4 558 000	4 332 000	4 096 000
Impairment	0	0	0	0
Expenditure	8 683 000	9 137 000	10 007 000	9 580 000
Operating Profit	4 400 000	3 131 000	4 447 000	4 464 000
Financial Income	0	152 000	132 000	58 000
Financial Costs	196 000	219 000	118 000	111 000
Financial Balance	−196 000	−67 000	14 000	−53 000
Dividends	0	0	0	0
Net Income	3 279 000	2 390 000	3 479 000	3 437 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	22 685 000	23 210 000	15 465 000	9 960 000
Fixtures	1 946 000	2 622 000	3 308 000	3 808 000
Total Tangible Assets	24 631 000	25 832 000	18 773 000	13 768 000
Total Fiancial Fixed Assets	173 000	225 000	1 084 000	4 242 000
Total Fixed Assets	24 804 000	26 057 000	19 857 000	18 010 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	295 000	1 687 000	1 122 000	3 977 000
Total Current Assets	1 755 000	7 130 000	6 274 000	5 872 000
Total Assets	26 559 000	33 187 000	26 131 000	23 882 000
Total Equity	14 204 000	13 934 000	14 913 000	15 177 000
Short-Term Group Debt	3 858 000	3 636 000	3 760 000	3 330 000
Total Long-Term Debt	7 073 000	13 852 000	5 870 000	3 157 000
Creditors	148 000	413 000	1 138 000	1 499 000
Unpaid Taxes	270 000	338 000	120 000	647 000
Dividends	0	0	0	0
Other Current Debt	1 006 000	1 014 000	330 000	71 000
Total Current Debt	5 282 000	5 401 000	5 348 000	5 547 000
Total Equity and Debt	26 559 000	33 187 000	26 131 000	23 882 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,09 %	17,15 %	23,33 %	22,65 %
Debt-to-Equity Ratio	0,5	0,99	0,39	0,21
Operating Profit Margin	33,63 %	25,52 %	30,77 %	31,79 %
Current Ratio	0,33	1,32	1,17	1,06
Quick Ratio	0,33	1,32	1,17	1,06
Equity Ratio	0,53	0,42	0,57	0,64
Gross Profit Margin	97,06 %	96,11 %	98,48 %	92,54 %