LØVOLD TRANSPORT AS

6146 ÅHEIM

Finances

Return on Equity

−267,77 %

Current Ratio

0,6

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 835 000	5 445 000	4 964 000	5 995 000
Net Income	−731 000	−35 000	118 000	424 000
Total Assets	2 427 000	3 235 000	3 248 000	2 746 000
Total Equity	273 000	1 004 000	1 040 000	921 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 835 000	5 445 000	4 964 000	5 995 000
Expenditure	5 340 000	5 295 000	5 097 000	5 660 000
Operating Profit	−504 000	151 000	−132 000	334 000
Financial Income	0	0	281 000	114 000
Financial Costs	227 000	186 000	31 000	24 000
Financial Balance	−227 000	−186 000	250 000	90 000
Earnings Before Tax	−731 000	−35 000	118 000	424 000
Tax	0	0	0	0
Net Income	−731 000	−35 000	118 000	424 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 144 000	960 000	921 000	575 000
Total Current Assets	1 283 000	2 275 000	2 327 000	2 171 000
Total Assets	2 427 000	3 235 000	3 248 000	2 746 000
Total Retained Equity	−494 000	237 000	272 000	154 000
Total Equity	273 000	1 004 000	1 040 000	921 000
Total Long-Term Debt	30 000	230 000	302 000	219 000
Total Current Debt	2 124 000	2 000 000	1 907 000	1 606 000
Total Equity and Debt	2 427 000	3 235 000	3 248 000	2 746 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 413 000	4 135 000	4 794 000	5 392 000
Other Income	1 422 000	1 310 000	170 000	603 000
Revenue	4 835 000	5 445 000	4 964 000	5 995 000
Cost of Goods Sold	8 000	21 000	0	2 000
Salary Costs	2 027 000	2 054 000	1 824 000	1 920 000
Depreciation	117 000	144 000	160 000	176 000
Impairment	0	0	0	0
Expenditure	5 340 000	5 295 000	5 097 000	5 660 000
Operating Profit	−504 000	151 000	−132 000	334 000
Financial Income	0	0	281 000	114 000
Financial Costs	227 000	186 000	31 000	24 000
Financial Balance	−227 000	−186 000	250 000	90 000
Dividends	0	0	0	0
Net Income	−731 000	−35 000	118 000	424 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 000	9 000	12 000	0
Real Eastate	213 000	14 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	669 000	932 000	905 000	570 000
Total Tangible Assets	882 000	946 000	905 000	570 000
Total Fiancial Fixed Assets	255 000	5 000	5 000	5 000
Total Fixed Assets	1 144 000	960 000	921 000	575 000
Stock	0	0	0	0
Total Investments	0	389 000	531 000	250 000
Cash, Bank	68 000	0	84 000	122 000
Total Current Assets	1 283 000	2 275 000	2 327 000	2 171 000
Total Assets	2 427 000	3 235 000	3 248 000	2 746 000
Total Equity	273 000	1 004 000	1 040 000	921 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	30 000	230 000	302 000	219 000
Creditors	1 301 000	786 000	876 000	839 000
Unpaid Taxes	349 000	285 000	354 000	397 000
Dividends	0	0	0	0
Other Current Debt	333 000	627 000	488 000	370 000
Total Current Debt	2 124 000	2 000 000	1 907 000	1 606 000
Total Equity and Debt	2 427 000	3 235 000	3 248 000	2 746 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−267,77 %	−3,49 %	11,35 %	46,04 %
Debt-to-Equity Ratio	0,11	0,23	0,29	0,24
Operating Profit Margin	−10,42 %	2,77 %	−2,66 %	5,57 %
Current Ratio	0,6	1,14	1,22	1,35
Quick Ratio	0,6	1,14	1,22	1,35
Equity Ratio	0,11	0,31	0,32	0,34
Gross Profit Margin	99,83 %	99,61 %	100 %	99,97 %