LOE ELEMENTMONTASJE AS

3300 HOKKSUND

Finances

Share Ownership

Return on Equity

17,47 %

Current Ratio

1,9

Debt-to-Equity Ratio

0,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	123 541 000	102 681 000	114 432 000	128 961 000
Net Income	5 007 000	2 876 000	3 794 000	3 773 000
Total Assets	79 626 000	62 900 000	70 756 000	72 854 000
Total Equity	28 666 000	28 660 000	27 783 000	25 989 000

Income (NOK)	2022	2021	2020	2019
Revenue	123 541 000	102 681 000	114 432 000	128 961 000
Expenditure	116 722 000	98 538 000	108 892 000	123 456 000
Operating Profit	6 819 000	4 143 000	5 541 000	5 505 000
Financial Income	313 000	277 000	197 000	250 000
Financial Costs	637 000	1 102 000	812 000	902 000
Financial Balance	−324 000	−825 000	−615 000	−652 000
Earnings Before Tax	6 493 000	3 731 000	4 926 000	4 853 000
Tax	1 486 000	854 000	1 132 000	1 079 000
Net Income	5 007 000	2 876 000	3 794 000	3 773 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 225 000	20 943 000	26 954 000	34 126 000
Total Current Assets	52 402 000	41 957 000	43 802 000	38 728 000
Total Assets	79 626 000	62 900 000	70 756 000	72 854 000
Total Retained Equity	24 930 000	24 924 000	24 047 000	22 253 000
Total Equity	28 666 000	28 660 000	27 783 000	25 989 000
Total Long-Term Debt	23 387 000	16 273 000	22 291 000	29 523 000
Total Current Debt	27 573 000	17 967 000	20 682 000	17 341 000
Total Equity and Debt	79 626 000	62 900 000	70 756 000	72 854 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	123 533 000	102 645 000	114 057 000	128 909 000
Other Income	8 000	36 000	376 000	52 000
Revenue	123 541 000	102 681 000	114 432 000	128 961 000
Cost of Goods Sold	39 776 000	29 416 000	38 649 000	51 684 000
Salary Costs	53 628 000	46 505 000	48 828 000	47 150 000
Depreciation	7 110 000	7 914 000	9 747 000	9 523 000
Impairment	0	0	0	0
Expenditure	116 722 000	98 538 000	108 892 000	123 456 000
Operating Profit	6 819 000	4 143 000	5 541 000	5 505 000
Financial Income	313 000	277 000	197 000	250 000
Financial Costs	637 000	1 102 000	812 000	902 000
Financial Balance	−324 000	−825 000	−615 000	−652 000
Dividends	0	0	2 000 000	2 000 000
Net Income	5 007 000	2 876 000	3 794 000	3 773 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	898 000	991 000	147 000	0
Real Eastate	37 000	63 000	89 000	115 000
Machinery and Plant Facilities	26 285 000	19 883 000	26 707 000	33 893 000
Fixtures	5 000	6 000	12 000	119 000
Total Tangible Assets	26 327 000	19 952 000	26 807 000	34 126 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	27 225 000	20 943 000	26 954 000	34 126 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	31 238 000	21 913 000	29 849 000	21 216 000
Total Current Assets	52 402 000	41 957 000	43 802 000	38 728 000
Total Assets	79 626 000	62 900 000	70 756 000	72 854 000
Total Equity	28 666 000	28 660 000	27 783 000	25 989 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	23 387 000	16 273 000	22 291 000	29 523 000
Creditors	6 846 000	3 590 000	6 768 000	6 048 000
Unpaid Taxes	7 019 000	0	4 835 000	2 055 000
Dividends	0	0	2 000 000	2 000 000
Other Current Debt	7 314 000	5 313 000	5 320 000	7 761 000
Total Current Debt	27 573 000	17 967 000	20 682 000	17 341 000
Total Equity and Debt	79 626 000	62 900 000	70 756 000	72 854 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,47 %	10,03 %	13,66 %	14,52 %
Debt-to-Equity Ratio	0,82	0,57	0,8	1,14
Operating Profit Margin	5,52 %	4,03 %	4,84 %	4,27 %
Current Ratio	1,9	2,34	2,12	2,23
Quick Ratio	1,9	2,34	2,12	2,23
Equity Ratio	0,36	0,46	0,39	0,36
Gross Profit Margin	67,8 %	71,35 %	66,23 %	59,92 %