LØVLUND II BORETTSLAG

9020 TROMSDALEN

Finances

Share Ownership

Return on Equity

10,66 %

Current Ratio

9,15

Debt-to-Equity Ratio

2,81

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 969 000	2 883 000	2 854 000	2 784 000
Net Income	1 528 000	1 807 000	1 725 000	766 000
Total Assets	54 769 000	54 658 000	54 478 000	54 283 000
Total Equity	14 329 000	12 801 000	10 994 000	9 269 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 969 000	2 883 000	2 854 000	2 784 000
Expenditure	1 060 000	841 000	799 000	1 555 000
Operating Profit	1 908 000	2 042 000	2 055 000	1 229 000
Financial Income	16 000	3 000	3 000	7 000
Financial Costs	396 000	237 000	333 000	470 000
Financial Balance	−380 000	−234 000	−330 000	−463 000
Earnings Before Tax	1 210 000	1 313 000	1 411 000	639 000
Tax	0	0	0	0
Net Income	1 528 000	1 807 000	1 725 000	766 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	53 763 000	53 687 000	53 612 000	53 536 000
Total Current Assets	1 006 000	971 000	866 000	747 000
Total Assets	54 769 000	54 658 000	54 478 000	54 283 000
Total Retained Equity	12 691 000	10 884 000	9 159 000	8 393 000
Total Equity	14 329 000	12 801 000	10 994 000	9 269 000
Total Long-Term Debt	40 330 000	41 815 000	43 420 000	44 970 000
Total Current Debt	110 000	42 000	63 000	44 000
Total Equity and Debt	54 769 000	54 658 000	54 478 000	54 283 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 271 000	2 154 000	2 210 000	2 194 000
Revenue	2 969 000	2 883 000	2 854 000	2 784 000
Cost of Goods Sold	0	0	0	0
Salary Costs	32 000	32 000	32 000	22 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 060 000	841 000	799 000	1 555 000
Operating Profit	1 908 000	2 042 000	2 055 000	1 229 000
Financial Income	16 000	3 000	3 000	7 000
Financial Costs	396 000	237 000	333 000	470 000
Financial Balance	−380 000	−234 000	−330 000	−463 000
Dividends	0	0	0	0
Net Income	1 528 000	1 807 000	1 725 000	766 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	53 503 000	53 503 000	53 503 000	53 503 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	53 503 000	53 503 000	53 503 000	53 503 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	53 763 000	53 687 000	53 612 000	53 536 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	983 000	909 000	802 000	689 000
Total Current Assets	1 006 000	971 000	866 000	747 000
Total Assets	54 769 000	54 658 000	54 478 000	54 283 000
Total Equity	14 329 000	12 801 000	10 994 000	9 269 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	40 330 000	41 815 000	43 420 000	44 970 000
Creditors	64 000	0	6 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	46 000	42 000	57 000	44 000
Total Current Debt	110 000	42 000	63 000	44 000
Total Equity and Debt	54 769 000	54 658 000	54 478 000	54 283 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,66 %	14,12 %	15,69 %	8,26 %
Debt-to-Equity Ratio	2,81	3,27	3,95	4,85
Operating Profit Margin	64,26 %	70,83 %	72 %	44,15 %
Current Ratio	9,15	23,12	13,75	16,98
Quick Ratio	9,15	23,12	13,75	16,98
Equity Ratio	0,26	0,23	0,2	0,17
Gross Profit Margin	100 %	100 %	100 %	100 %