INISSION LØKKEN AS

7332 LØKKEN VERK

Finances

Share Ownership

Return on Equity

35,94 %

Current Ratio

1,33

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	280 117 000	181 485 000	187 723 000	133 644 000
Net Income	19 737 000	1 288 000	−4 765 000	9 800 000
Total Assets	239 659 000	160 910 000	128 157 000	83 857 000
Total Equity	54 910 000	35 164 000	33 867 000	20 791 000

Income (NOK)	2022	2021	2020	2019
Revenue	280 117 000	181 485 000	187 723 000	133 644 000
Expenditure	249 326 000	171 608 000	189 562 000	119 695 000
Operating Profit	30 254 000	10 453 000	−3 103 000	13 634 000
Financial Income	265 000	72 000	439 000	196 000
Financial Costs	5 201 000	7 308 000	3 393 000	1 253 000
Financial Balance	−4 936 000	−7 236 000	−2 954 000	−1 057 000
Earnings Before Tax	25 318 000	3 217 000	−6 057 000	12 578 000
Tax	5 582 000	1 929 000	−1 292 000	2 777 000
Net Income	19 737 000	1 288 000	−4 765 000	9 800 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 471 000	14 372 000	22 700 000	7 781 000
Total Current Assets	226 188 000	146 539 000	105 458 000	76 075 000
Total Assets	239 659 000	160 910 000	128 157 000	83 857 000
Total Retained Equity	47 835 000	28 090 000	26 793 000	20 691 000
Total Equity	54 910 000	35 164 000	33 867 000	20 791 000
Total Long-Term Debt	15 153 000	16 147 000	18 459 000	11 150 000
Total Current Debt	169 596 000	109 599 000	75 832 000	51 916 000
Total Equity and Debt	239 659 000	160 910 000	128 157 000	83 857 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	280 117 000	181 485 000	185 777 000	133 644 000
Other Income	0	0	1 946 000	0
Revenue	280 117 000	181 485 000	187 723 000	133 644 000
Cost of Goods Sold	180 101 000	106 289 000	108 827 000	71 544 000
Salary Costs	46 932 000	43 538 000	53 118 000	33 066 000
Depreciation	4 282 000	4 301 000	5 700 000	2 144 000
Impairment	0	0	0	0
Expenditure	249 326 000	171 608 000	189 562 000	119 695 000
Operating Profit	30 254 000	10 453 000	−3 103 000	13 634 000
Financial Income	265 000	72 000	439 000	196 000
Financial Costs	5 201 000	7 308 000	3 393 000	1 253 000
Financial Balance	−4 936 000	−7 236 000	−2 954 000	−1 057 000
Dividends	0	0	0	0
Net Income	19 737 000	1 288 000	−4 765 000	9 800 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	1 020 000	1 272 000	1 115 000
Real Eastate	417 000	528 000	527 000	204 000
Machinery and Plant Facilities	8 534 000	9 194 000	11 864 000	3 025 000
Fixtures	3 810 000	2 953 000	2 973 000	2 666 000
Total Tangible Assets	12 761 000	12 674 000	15 363 000	5 895 000
Total Fiancial Fixed Assets	710 000	677 000	6 065 000	772 000
Total Fixed Assets	13 471 000	14 372 000	22 700 000	7 781 000
Stock	137 145 000	86 898 000	56 281 000	30 121 000
Total Investments	0	0	0	0
Cash, Bank	1 895 000	2 857 000	2 378 000	1 283 000
Total Current Assets	226 188 000	146 539 000	105 458 000	76 075 000
Total Assets	239 659 000	160 910 000	128 157 000	83 857 000
Total Equity	54 910 000	35 164 000	33 867 000	20 791 000
Short-Term Group Debt	62 230 000	1 502 000	1 736 000	7 356 000
Total Long-Term Debt	15 153 000	16 147 000	18 459 000	11 150 000
Creditors	52 638 000	30 706 000	15 922 000	10 241 000
Unpaid Taxes	15 609 000	5 979 000	6 477 000	6 618 000
Dividends	0	0	0	0
Other Current Debt	34 791 000	31 952 000	20 025 000	17 568 000
Total Current Debt	169 596 000	109 599 000	75 832 000	51 916 000
Total Equity and Debt	239 659 000	160 910 000	128 157 000	83 857 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,94 %	3,66 %	−14,07 %	47,14 %
Debt-to-Equity Ratio	0,28	0,46	0,55	0,54
Operating Profit Margin	10,8 %	5,76 %	−1,65 %	10,2 %
Current Ratio	1,33	1,34	1,39	1,47
Quick Ratio	6,97	6,46	5,39	3,49
Equity Ratio	0,23	0,22	0,26	0,25
Gross Profit Margin	35,71 %	41,43 %	42,03 %	46,47 %