LØLAND RØR AS

4306 SANDNES

Finances

Share Ownership

Return on Equity

5,13 %

Current Ratio

1,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 413 000	4 602 000	3 979 000	3 742 000
Net Income	20 000	56 000	−54 000	−155 000
Total Assets	990 000	1 029 000	821 000	1 028 000
Total Equity	390 000	370 000	314 000	367 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 413 000	4 602 000	3 979 000	3 742 000
Expenditure	4 351 000	4 537 000	4 048 000	3 941 000
Operating Profit	45 000	72 000	−68 000	−199 000
Financial Income	1 000	1 000	1 000	2 000
Financial Costs	16 000	1 000	1 000	1 000
Financial Balance	−15 000	0	0	1 000
Earnings Before Tax	30 000	72 000	−68 000	−198 000
Tax	10 000	16 000	−15 000	−43 000
Net Income	20 000	56 000	−54 000	−155 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	146 000	185 000	118 000	97 000
Total Current Assets	844 000	843 000	703 000	931 000
Total Assets	990 000	1 029 000	821 000	1 028 000
Total Retained Equity	290 000	270 000	214 000	267 000
Total Equity	390 000	370 000	314 000	367 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	600 000	659 000	507 000	661 000
Total Equity and Debt	990 000	1 029 000	821 000	1 028 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 407 000	4 599 000	3 977 000	3 742 000
Other Income	6 000	3 000	2 000	0
Revenue	4 413 000	4 602 000	3 979 000	3 742 000
Cost of Goods Sold	1 634 000	1 965 000	1 713 000	1 370 000
Salary Costs	2 085 000	2 024 000	1 757 000	1 977 000
Depreciation	30 000	26 000	34 000	13 000
Impairment	0	0	0	0
Expenditure	4 351 000	4 537 000	4 048 000	3 941 000
Operating Profit	45 000	72 000	−68 000	−199 000
Financial Income	1 000	1 000	1 000	2 000
Financial Costs	16 000	1 000	1 000	1 000
Financial Balance	−15 000	0	0	1 000
Dividends	0	0	0	0
Net Income	20 000	56 000	−54 000	−155 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	59 000	68 000	84 000	69 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	87 000	117 000	33 000	13 000
Fixtures	0	0	0	14 000
Total Tangible Assets	87 000	117 000	33 000	27 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	146 000	185 000	118 000	97 000
Stock	15 000	34 000	26 000	26 000
Total Investments	0	0	0	0
Cash, Bank	510 000	480 000	551 000	399 000
Total Current Assets	844 000	843 000	703 000	931 000
Total Assets	990 000	1 029 000	821 000	1 028 000
Total Equity	390 000	370 000	314 000	367 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	103 000	182 000	120 000	135 000
Unpaid Taxes	299 000	263 000	189 000	367 000
Dividends	0	0	0	0
Other Current Debt	198 000	214 000	198 000	159 000
Total Current Debt	600 000	659 000	507 000	661 000
Total Equity and Debt	990 000	1 029 000	821 000	1 028 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,13 %	15,14 %	−17,2 %	−42,23 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,02 %	1,56 %	−1,71 %	−5,32 %
Current Ratio	1,41	1,28	1,39	1,41
Quick Ratio	1,44	1,35	1,46	1,47
Equity Ratio	0,39	0,36	0,38	0,36
Gross Profit Margin	62,97 %	57,3 %	56,95 %	63,39 %