LØVIKNES EIENDOM AS

6390 VESTNES

Finances

Share Ownership

Return on Equity

74,36 %

Current Ratio

0,2

Debt-to-Equity Ratio

26,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 496 000	2 449 000	3 490 000	2 435 000
Net Income	435 000	560 000	1 399 000	481 000
Total Assets	20 783 000	21 129 000	23 503 000	23 197 000
Total Equity	585 000	522 000	696 000	1 010 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 496 000	2 449 000	3 490 000	2 435 000
Expenditure	744 000	905 000	810 000	818 000
Operating Profit	1 752 000	1 544 000	2 680 000	1 617 000
Financial Income	0	0	0	0
Financial Costs	1 195 000	826 000	887 000	1 000 000
Financial Balance	−1 195 000	−826 000	−887 000	−1 000 000
Earnings Before Tax	558 000	718 000	1 794 000	617 000
Tax	123 000	158 000	395 000	136 000
Net Income	435 000	560 000	1 399 000	481 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 854 000	20 255 000	20 664 000	22 510 000
Total Current Assets	930 000	874 000	2 839 000	687 000
Total Assets	20 783 000	21 129 000	23 503 000	23 197 000
Total Retained Equity	485 000	422 000	596 000	910 000
Total Equity	585 000	522 000	696 000	1 010 000
Total Long-Term Debt	15 656 000	16 486 000	17 170 000	17 614 000
Total Current Debt	4 542 000	4 121 000	5 636 000	4 573 000
Total Equity and Debt	20 783 000	21 129 000	23 503 000	23 197 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 496 000	2 449 000	2 490 000	0
Other Income	0	0	1 000 000	2 435 000
Revenue	2 496 000	2 449 000	3 490 000	2 435 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	401 000	401 000	438 000	435 000
Impairment	0	0	0	0
Expenditure	744 000	905 000	810 000	818 000
Operating Profit	1 752 000	1 544 000	2 680 000	1 617 000
Financial Income	0	0	0	0
Financial Costs	1 195 000	826 000	887 000	1 000 000
Financial Balance	−1 195 000	−826 000	−887 000	−1 000 000
Dividends	0	0	1 000 000	0
Net Income	435 000	560 000	1 399 000	481 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	19 842 000	20 243 000	20 644 000	22 482 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	19 842 000	20 243 000	20 644 000	22 482 000
Total Fiancial Fixed Assets	12 000	12 000	20 000	28 000
Total Fixed Assets	19 854 000	20 255 000	20 664 000	22 510 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	65 000	145 000	122 000	127 000
Total Current Assets	930 000	874 000	2 839 000	687 000
Total Assets	20 783 000	21 129 000	23 503 000	23 197 000
Total Equity	585 000	522 000	696 000	1 010 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 656 000	16 486 000	17 170 000	17 614 000
Creditors	144 000	26 000	148 000	33 000
Unpaid Taxes	190 000	149 000	43 000	110 000
Dividends	0	0	1 000 000	0
Other Current Debt	4 207 000	3 946 000	4 445 000	4 349 000
Total Current Debt	4 542 000	4 121 000	5 636 000	4 573 000
Total Equity and Debt	20 783 000	21 129 000	23 503 000	23 197 000

Financial indicators	2022	2021	2020	2019
Return on Equity	74,36 %	107,28 %	201,01 %	47,62 %
Debt-to-Equity Ratio	26,76	31,58	24,67	17,44
Operating Profit Margin	70,19 %	63,05 %	76,79 %	66,41 %
Current Ratio	0,2	0,21	0,5	0,15
Quick Ratio	0,2	0,21	0,5	0,15
Equity Ratio	0,03	0,02	0,03	0,04
Gross Profit Margin	100 %	100 %	100 %	100 %