LOLE INDUSTRIES AS

2613 LILLEHAMMER

Finances

Return on Equity

−13,28 %

Current Ratio

1,03

Debt-to-Equity Ratio

7,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 176 000	4 111 000	5 197 000	1 426 000
Net Income	−186 000	790 000	85 000	276 000
Total Assets	12 579 000	13 558 000	14 668 000	19 750 000
Total Equity	1 401 000	1 588 000	798 000	713 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 176 000	4 111 000	5 197 000	1 426 000
Expenditure	1 984 000	2 715 000	4 689 000	1 132 000
Operating Profit	191 000	1 397 000	507 000	294 000
Financial Income	0	0	400 000	500 000
Financial Costs	421 000	481 000	811 000	577 000
Financial Balance	−421 000	−481 000	−411 000	−77 000
Earnings Before Tax	−230 000	916 000	97 000	217 000
Tax	−43 000	126 000	11 000	−59 000
Net Income	−186 000	790 000	85 000	276 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 002 000	11 921 000	13 902 000	16 309 000
Total Current Assets	577 000	1 637 000	766 000	3 441 000
Total Assets	12 579 000	13 558 000	14 668 000	19 750 000
Total Retained Equity	1 299 000	1 486 000	696 000	611 000
Total Equity	1 401 000	1 588 000	798 000	713 000
Total Long-Term Debt	10 618 000	11 233 000	13 558 000	18 722 000
Total Current Debt	560 000	737 000	311 000	316 000
Total Equity and Debt	12 579 000	13 558 000	14 668 000	19 750 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 927 000	2 073 000	4 655 000	1 043 000
Other Income	249 000	2 038 000	541 000	383 000
Revenue	2 176 000	4 111 000	5 197 000	1 426 000
Cost of Goods Sold	23 000	261 000	3 788 000	73 000
Salary Costs	1 380 000	1 492 000	150 000	268 000
Depreciation	166 000	91 000	113 000	117 000
Impairment	0	0	0	0
Expenditure	1 984 000	2 715 000	4 689 000	1 132 000
Operating Profit	191 000	1 397 000	507 000	294 000
Financial Income	0	0	400 000	500 000
Financial Costs	421 000	481 000	811 000	577 000
Financial Balance	−421 000	−481 000	−411 000	−77 000
Dividends	0	0	0	0
Net Income	−186 000	790 000	85 000	276 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	11 000
Real Eastate	7 502 000	7 421 000	9 250 000	11 610 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	152 000	188 000
Total Tangible Assets	7 502 000	7 421 000	9 402 000	11 798 000
Total Fiancial Fixed Assets	4 500 000	4 500 000	4 500 000	4 500 000
Total Fixed Assets	12 002 000	11 921 000	13 902 000	16 309 000
Stock	0	0	0	3 090 000
Total Investments	50 000	0	0	0
Cash, Bank	173 000	546 000	163 000	13 000
Total Current Assets	577 000	1 637 000	766 000	3 441 000
Total Assets	12 579 000	13 558 000	14 668 000	19 750 000
Total Equity	1 401 000	1 588 000	798 000	713 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 618 000	11 233 000	13 558 000	18 722 000
Creditors	127 000	240 000	164 000	105 000
Unpaid Taxes	179 000	232 000	93 000	61 000
Dividends	0	0	0	0
Other Current Debt	254 000	265 000	54 000	150 000
Total Current Debt	560 000	737 000	311 000	316 000
Total Equity and Debt	12 579 000	13 558 000	14 668 000	19 750 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,28 %	49,75 %	10,65 %	38,71 %
Debt-to-Equity Ratio	7,58	7,07	16,99	26,26
Operating Profit Margin	8,78 %	33,98 %	9,76 %	20,62 %
Current Ratio	1,03	2,22	2,46	10,89
Quick Ratio	1,03	2,22	2,46	−1,24
Equity Ratio	0,11	0,12	0,05	0,04
Gross Profit Margin	98,94 %	93,65 %	27,11 %	94,88 %