LØVENSKIOLD-FOSSUM KRAFT AS

3721 SKIEN

Finances

Share Ownership

Return on Equity

−176,12 %

Current Ratio

0,13

Debt-to-Equity Ratio

4,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 231 000	27 353 000	11 686 000	19 858 000
Net Income	−16 804 000	8 697 000	218 000	2 773 000
Total Assets	112 172 000	112 017 000	103 184 000	107 516 000
Total Equity	9 541 000	20 752 000	12 056 000	11 837 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 231 000	27 353 000	11 686 000	19 858 000
Expenditure	39 284 000	15 312 000	7 523 000	12 769 000
Operating Profit	−16 054 000	12 041 000	4 163 000	7 089 000
Financial Income	−2 371 000	1 057 000	971 000	496 000
Financial Costs	3 118 000	1 948 000	4 854 000	4 021 000
Financial Balance	−5 489 000	−891 000	−3 883 000	−3 525 000
Earnings Before Tax	−21 543 000	11 149 000	280 000	3 564 000
Tax	−4 738 000	2 453 000	61 000	791 000
Net Income	−16 804 000	8 697 000	218 000	2 773 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	104 306 000	81 437 000	84 315 000	86 319 000
Total Current Assets	7 866 000	30 580 000	18 869 000	21 198 000
Total Assets	112 172 000	112 017 000	103 184 000	107 516 000
Total Retained Equity	1 107 000	17 911 000	9 214 000	8 996 000
Total Equity	9 541 000	20 752 000	12 056 000	11 837 000
Total Long-Term Debt	42 201 000	48 693 000	55 693 000	61 546 000
Total Current Debt	60 431 000	42 572 000	35 436 000	34 133 000
Total Equity and Debt	112 172 000	112 017 000	103 184 000	107 516 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 231 000	27 353 000	11 686 000	19 858 000
Other Income	0	0	0	0
Revenue	23 231 000	27 353 000	11 686 000	19 858 000
Cost of Goods Sold	34 243 000	9 067 000	2 122 000	7 154 000
Salary Costs	3 000	3 000	3 000	5 000
Depreciation	1 990 000	1 990 000	1 990 000	2 119 000
Impairment	0	0	0	0
Expenditure	39 284 000	15 312 000	7 523 000	12 769 000
Operating Profit	−16 054 000	12 041 000	4 163 000	7 089 000
Financial Income	−2 371 000	1 057 000	971 000	496 000
Financial Costs	3 118 000	1 948 000	4 854 000	4 021 000
Financial Balance	−5 489 000	−891 000	−3 883 000	−3 525 000
Dividends	0	0	0	0
Net Income	−16 804 000	8 697 000	218 000	2 773 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 907 000	0	23 000	37 000
Real Eastate	0	0	0	86 191 000
Machinery and Plant Facilities	101 308 000	81 346 000	84 200 000	0
Fixtures	91 000	91 000	91 000	91 000
Total Tangible Assets	101 399 000	81 437 000	84 292 000	86 282 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	104 306 000	81 437 000	84 315 000	86 319 000
Stock	0	0	0	0
Total Investments	1 120 000	3 736 000	3 520 000	3 122 000
Cash, Bank	4 629 000	3 866 000	1 057 000	293 000
Total Current Assets	7 866 000	30 580 000	18 869 000	21 198 000
Total Assets	112 172 000	112 017 000	103 184 000	107 516 000
Total Equity	9 541 000	20 752 000	12 056 000	11 837 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	42 201 000	48 693 000	55 693 000	61 546 000
Creditors	167 000	136 000	280 000	573 000
Unpaid Taxes	1 250 000	3 450 000	178 000	252 000
Dividends	0	0	0	0
Other Current Debt	59 014 000	36 810 000	34 929 000	32 623 000
Total Current Debt	60 431 000	42 572 000	35 436 000	34 133 000
Total Equity and Debt	112 172 000	112 017 000	103 184 000	107 516 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−176,12 %	41,91 %	1,81 %	23,43 %
Debt-to-Equity Ratio	4,42	2,35	4,62	5,2
Operating Profit Margin	−69,11 %	44,02 %	35,62 %	35,7 %
Current Ratio	0,13	0,72	0,53	0,62
Quick Ratio	0,13	0,72	0,53	0,62
Equity Ratio	0,09	0,19	0,12	0,11
Gross Profit Margin	−47,4 %	66,85 %	81,84 %	63,97 %