LØVMOS HANDEL AS

3179 ÅSGÅRDSTRAND

Finances

Return on Equity

37,02 %

Current Ratio

1,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 409 000	16 888 000	17 710 000	14 127 000
Net Income	405 000	471 000	637 000	−190 000
Total Assets	3 411 000	3 579 000	3 657 000	2 586 000
Total Equity	1 094 000	1 538 000	1 667 000	1 830 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 409 000	16 888 000	17 710 000	14 127 000
Expenditure	15 909 000	16 295 000	16 903 000	14 376 000
Operating Profit	499 000	594 000	806 000	−249 000
Financial Income	23 000	21 000	16 000	15 000
Financial Costs	8 000	8 000	10 000	13 000
Financial Balance	15 000	13 000	6 000	2 000
Earnings Before Tax	513 000	607 000	812 000	−248 000
Tax	108 000	136 000	175 000	−58 000
Net Income	405 000	471 000	637 000	−190 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	628 000	843 000	857 000	1 053 000
Total Current Assets	2 783 000	2 736 000	2 800 000	1 533 000
Total Assets	3 411 000	3 579 000	3 657 000	2 586 000
Total Retained Equity	989 000	1 433 000	1 562 000	1 725 000
Total Equity	1 094 000	1 538 000	1 667 000	1 830 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 317 000	2 041 000	1 990 000	756 000
Total Equity and Debt	3 411 000	3 579 000	3 657 000	2 586 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 323 000	16 752 000	17 581 000	14 010 000
Other Income	86 000	136 000	129 000	118 000
Revenue	16 409 000	16 888 000	17 710 000	14 127 000
Cost of Goods Sold	11 414 000	11 786 000	12 320 000	9 911 000
Salary Costs	2 178 000	2 089 000	2 288 000	2 118 000
Depreciation	81 000	88 000	102 000	187 000
Impairment	0	0	0	0
Expenditure	15 909 000	16 295 000	16 903 000	14 376 000
Operating Profit	499 000	594 000	806 000	−249 000
Financial Income	23 000	21 000	16 000	15 000
Financial Costs	8 000	8 000	10 000	13 000
Financial Balance	15 000	13 000	6 000	2 000
Dividends	0	0	600 000	0
Net Income	405 000	471 000	637 000	−190 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	19 000	16 000	19 000	56 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	189 000	270 000	273 000	360 000
Total Tangible Assets	189 000	407 000	418 000	577 000
Total Fiancial Fixed Assets	420 000	420 000	420 000	420 000
Total Fixed Assets	628 000	843 000	857 000	1 053 000
Stock	1 059 000	957 000	928 000	769 000
Total Investments	40 000	40 000	40 000	40 000
Cash, Bank	963 000	1 040 000	1 213 000	57 000
Total Current Assets	2 783 000	2 736 000	2 800 000	1 533 000
Total Assets	3 411 000	3 579 000	3 657 000	2 586 000
Total Equity	1 094 000	1 538 000	1 667 000	1 830 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	556 000	595 000	569 000	404 000
Unpaid Taxes	164 000	127 000	208 000	141 000
Dividends	0	0	600 000	0
Other Current Debt	1 486 000	1 186 000	476 000	210 000
Total Current Debt	2 317 000	2 041 000	1 990 000	756 000
Total Equity and Debt	3 411 000	3 579 000	3 657 000	2 586 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,02 %	30,62 %	38,21 %	−10,38 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,04 %	3,52 %	4,55 %	−1,76 %
Current Ratio	1,2	1,34	1,41	2,03
Quick Ratio	2,21	2,52	2,64	−117,92
Equity Ratio	0,32	0,43	0,46	0,71
Gross Profit Margin	30,44 %	30,21 %	30,43 %	29,84 %