LØVSETH HOLDING AS

1396 BILLINGSTAD

Finances

Return on Equity

69,81 %

Current Ratio

6,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 400 000	0	0	0
Net Income	3 371 000	469 000	1 365 000	422 000
Total Assets	5 347 000	2 715 000	3 202 000	2 584 000
Total Equity	4 829 000	2 208 000	2 489 000	2 014 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 400 000	0	0	0
Expenditure	29 000	31 000	23 000	36 000
Operating Profit	3 371 000	−31 000	−23 000	−36 000
Financial Income	0	500 000	1 390 000	460 000
Financial Costs	0	0	2 000	2 000
Financial Balance	0	500 000	1 388 000	458 000
Earnings Before Tax	3 371 000	469 000	1 365 000	422 000
Tax	0	0	0	0
Net Income	3 371 000	469 000	1 365 000	422 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 208 000	2 108 000	2 108 000	2 108 000
Total Current Assets	3 139 000	607 000	1 093 000	475 000
Total Assets	5 347 000	2 715 000	3 202 000	2 584 000
Total Retained Equity	4 719 000	2 099 000	2 380 000	1 904 000
Total Equity	4 829 000	2 208 000	2 489 000	2 014 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	519 000	507 000	713 000	570 000
Total Equity and Debt	5 347 000	2 715 000	3 202 000	2 584 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 400 000	0	0	0
Revenue	3 400 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	29 000	31 000	23 000	36 000
Operating Profit	3 371 000	−31 000	−23 000	−36 000
Financial Income	0	500 000	1 390 000	460 000
Financial Costs	0	0	2 000	2 000
Financial Balance	0	500 000	1 388 000	458 000
Dividends	750 000	750 000	1 000 000	460 000
Net Income	3 371 000	469 000	1 365 000	422 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	2 208 000	2 108 000	2 108 000	2 108 000
Total Fixed Assets	2 208 000	2 108 000	2 108 000	2 108 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	89 000	107 000	93 000	15 000
Total Current Assets	3 139 000	607 000	1 093 000	475 000
Total Assets	5 347 000	2 715 000	3 202 000	2 584 000
Total Equity	4 829 000	2 208 000	2 489 000	2 014 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	11 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	750 000	750 000	1 000 000	460 000
Other Current Debt	7 000	7 000	113 000	110 000
Total Current Debt	519 000	507 000	713 000	570 000
Total Equity and Debt	5 347 000	2 715 000	3 202 000	2 584 000

Financial indicators	2022	2021	2020	2019
Return on Equity	69,81 %	21,24 %	54,84 %	20,95 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	99,15 %	-	-	-
Current Ratio	6,05	1,2	1,53	0,83
Quick Ratio	6,05	1,2	1,53	0,83
Equity Ratio	0,9	0,81	0,78	0,78
Gross Profit Margin	100 %	-	-	-