LØVAAS BYGNINGSTEKNIKK AS

5063 BERGEN

Finances

Return on Equity

2,03 %

Current Ratio

9,77

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 016 000	2 070 000	2 074 000	1 657 000
Net Income	80 000	756 000	697 000	662 000
Total Assets	4 388 000	4 336 000	4 141 000	3 325 000
Total Equity	3 940 000	3 860 000	3 104 000	3 007 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 016 000	2 070 000	2 074 000	1 657 000
Expenditure	1 537 000	1 524 000	1 476 000	1 267 000
Operating Profit	479 000	546 000	598 000	390 000
Financial Income	44 000	886 000	272 000	391 000
Financial Costs	347 000	543 000	50 000	39 000
Financial Balance	−303 000	343 000	222 000	352 000
Earnings Before Tax	177 000	889 000	820 000	742 000
Tax	97 000	133 000	123 000	80 000
Net Income	80 000	756 000	697 000	662 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	80 000	113 000	546 000	179 000
Total Current Assets	4 308 000	4 223 000	3 595 000	3 146 000
Total Assets	4 388 000	4 336 000	4 141 000	3 325 000
Total Retained Equity	3 910 000	3 830 000	3 074 000	2 977 000
Total Equity	3 940 000	3 860 000	3 104 000	3 007 000
Total Long-Term Debt	7 000	12 000	15 000	19 000
Total Current Debt	441 000	465 000	1 021 000	300 000
Total Equity and Debt	4 388 000	4 336 000	4 141 000	3 325 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 016 000	2 070 000	2 074 000	1 657 000
Other Income	0	0	0	0
Revenue	2 016 000	2 070 000	2 074 000	1 657 000
Cost of Goods Sold	54 000	145 000	175 000	111 000
Salary Costs	1 174 000	1 098 000	1 000 000	903 000
Depreciation	33 000	33 000	33 000	33 000
Impairment	0	0	0	0
Expenditure	1 537 000	1 524 000	1 476 000	1 267 000
Operating Profit	479 000	546 000	598 000	390 000
Financial Income	44 000	886 000	272 000	391 000
Financial Costs	347 000	543 000	50 000	39 000
Financial Balance	−303 000	343 000	222 000	352 000
Dividends	0	0	600 000	0
Net Income	80 000	756 000	697 000	662 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	80 000	113 000	146 000	179 000
Total Tangible Assets	80 000	113 000	146 000	179 000
Total Fiancial Fixed Assets	0	0	400 000	0
Total Fixed Assets	80 000	113 000	546 000	179 000
Stock	0	0	0	0
Total Investments	3 273 000	3 373 000	2 784 000	2 151 000
Cash, Bank	605 000	392 000	462 000	664 000
Total Current Assets	4 308 000	4 223 000	3 595 000	3 146 000
Total Assets	4 388 000	4 336 000	4 141 000	3 325 000
Total Equity	3 940 000	3 860 000	3 104 000	3 007 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 000	12 000	15 000	19 000
Creditors	29 000	43 000	34 000	10 000
Unpaid Taxes	158 000	153 000	157 000	128 000
Dividends	0	0	600 000	0
Other Current Debt	152 000	132 000	104 000	80 000
Total Current Debt	441 000	465 000	1 021 000	300 000
Total Equity and Debt	4 388 000	4 336 000	4 141 000	3 325 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,03 %	19,59 %	22,45 %	22,02 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	23,76 %	26,38 %	28,83 %	23,54 %
Current Ratio	9,77	9,08	3,52	10,49
Quick Ratio	9,77	9,08	3,52	10,49
Equity Ratio	0,9	0,89	0,75	0,9
Gross Profit Margin	97,32 %	93 %	91,56 %	93,3 %