HØYE LØVLAND

3219 SANDEFJORD

Finances

Share Ownership

Return on Equity

83,61 %

Current Ratio

7,61

Debt-to-Equity Ratio

Key figures (NOK)	2018	2015	2012
Revenue	340 000	290 000	464 000
Net Income	199 000	220 000	346 000
Total Assets	274 000	75 000	118 000
Total Equity	238 000	−18 000	31 000

Income (NOK)	2018	2015	2012
Revenue	340 000	290 000	464 000
Expenditure	143 000	67 000	119 000
Operating Profit	198 000	223 000	345 000
Financial Income	3 000	1 000	1 000
Financial Costs	2 000	4 000	0
Financial Balance	1 000	−3 000	1 000
Earnings Before Tax	199 000	220 000	346 000
Tax	0	0	0
Net Income	199 000	220 000	346 000

Balance (NOK)	2018	2015	2012
Total Fixed Assets	0	0	0
Total Current Assets	274 000	75 000	118 000
Total Assets	274 000	75 000	118 000
Total Retained Equity	238 000	−18 000	31 000
Total Equity	238 000	−18 000	31 000
Total Long-Term Debt	0	0	0
Total Current Debt	36 000	93 000	87 000
Total Equity and Debt	274 000	75 000	118 000

Cash flow (NOK)	2018	2015	2012
Sales Income	340 000	288 000	464 000
Other Income	0	2 000	0
Revenue	340 000	290 000	464 000
Cost of Goods Sold	96 000	2 000	32 000
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	143 000	67 000	119 000
Operating Profit	198 000	223 000	345 000
Financial Income	3 000	1 000	1 000
Financial Costs	2 000	4 000	0
Financial Balance	1 000	−3 000	1 000
Dividends	0	0	0
Net Income	199 000	220 000	346 000

Balance details (NOK)	2018	2015	2012
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	198 000	26 000	85 000
Total Investments	0	0	0
Cash, Bank	2 000	12 000	6 000
Total Current Assets	274 000	75 000	118 000
Total Assets	274 000	75 000	118 000
Total Equity	238 000	−18 000	31 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	1 000	6 000	0
Unpaid Taxes	35 000	60 000	87 000
Dividends	0	0	0
Other Current Debt	0	27 000	0
Total Current Debt	36 000	93 000	87 000
Total Equity and Debt	274 000	75 000	118 000

Financial indicators	2018	2015	2012
Return on Equity	83,61 %	−1 222,22 %	1 116,13 %
Debt-to-Equity Ratio	0	−0	0
Operating Profit Margin	58,24 %	76,9 %	74,35 %
Current Ratio	7,61	0,81	1,36
Quick Ratio	−1,69	1,12	59
Equity Ratio	0,87	−0,24	0,26
Gross Profit Margin	71,76 %	99,31 %	93,1 %