LØVENVOLD TANNLEGESENTER AS

6002 ÅLESUND

Finances

Share Ownership

Return on Equity

56,76 %

Current Ratio

1,67

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 745 000	8 280 000	5 920 000	7 326 000
Net Income	751 000	220 000	−55 000	228 000
Total Assets	2 495 000	1 917 000	1 795 000	2 055 000
Total Equity	1 323 000	972 000	1 052 000	1 108 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 745 000	8 280 000	5 920 000	7 326 000
Expenditure	8 780 000	7 991 000	5 974 000	7 013 000
Operating Profit	966 000	288 000	−55 000	314 000
Financial Income	0	0	0	0
Financial Costs	2 000	7 000	13 000	20 000
Financial Balance	−2 000	−7 000	−13 000	−20 000
Earnings Before Tax	964 000	282 000	−68 000	294 000
Tax	214 000	62 000	−13 000	66 000
Net Income	751 000	220 000	−55 000	228 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	539 000	573 000	776 000	1 060 000
Total Current Assets	1 956 000	1 345 000	1 019 000	995 000
Total Assets	2 495 000	1 917 000	1 795 000	2 055 000
Total Retained Equity	1 223 000	872 000	952 000	1 008 000
Total Equity	1 323 000	972 000	1 052 000	1 108 000
Total Long-Term Debt	0	55 000	187 000	324 000
Total Current Debt	1 173 000	890 000	555 000	623 000
Total Equity and Debt	2 495 000	1 917 000	1 795 000	2 055 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 745 000	8 280 000	5 920 000	7 326 000
Other Income	0	0	0	0
Revenue	9 745 000	8 280 000	5 920 000	7 326 000
Cost of Goods Sold	2 378 000	1 922 000	969 000	1 523 000
Salary Costs	2 617 000	2 306 000	1 763 000	2 151 000
Depreciation	208 000	289 000	301 000	351 000
Impairment	0	0	0	0
Expenditure	8 780 000	7 991 000	5 974 000	7 013 000
Operating Profit	966 000	288 000	−55 000	314 000
Financial Income	0	0	0	0
Financial Costs	2 000	7 000	13 000	20 000
Financial Balance	−2 000	−7 000	−13 000	−20 000
Dividends	400 000	300 000	0	0
Net Income	751 000	220 000	−55 000	228 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	55 000	115 000	175 000	235 000
Total Intangible Assets	118 000	185 000	233 000	289 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	386 000	352 000	508 000	736 000
Total Tangible Assets	386 000	352 000	508 000	736 000
Total Fiancial Fixed Assets	35 000	35 000	35 000	35 000
Total Fixed Assets	539 000	573 000	776 000	1 060 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	682 000	347 000	157 000	136 000
Total Current Assets	1 956 000	1 345 000	1 019 000	995 000
Total Assets	2 495 000	1 917 000	1 795 000	2 055 000
Total Equity	1 323 000	972 000	1 052 000	1 108 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	55 000	187 000	324 000
Creditors	158 000	194 000	139 000	82 000
Unpaid Taxes	177 000	132 000	114 000	122 000
Dividends	400 000	300 000	0	0
Other Current Debt	618 000	477 000	293 000	332 000
Total Current Debt	1 173 000	890 000	555 000	623 000
Total Equity and Debt	2 495 000	1 917 000	1 795 000	2 055 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,76 %	22,63 %	−5,23 %	20,58 %
Debt-to-Equity Ratio	0	0,06	0,18	0,29
Operating Profit Margin	9,91 %	3,48 %	−0,93 %	4,29 %
Current Ratio	1,67	1,51	1,84	1,6
Quick Ratio	1,67	1,51	1,84	1,6
Equity Ratio	0,53	0,51	0,59	0,54
Gross Profit Margin	75,6 %	76,79 %	83,63 %	79,21 %