LØVDALS TREVARE SALG AS

4909 SONGE

Finances

Share Ownership

Return on Equity

20,08 %

Current Ratio

1,95

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 153 000	21 496 000	20 362 000	16 907 000
Net Income	476 000	676 000	381 000	149 000
Total Assets	5 022 000	4 976 000	4 136 000	2 395 000
Total Equity	2 370 000	1 893 000	1 327 000	1 027 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 153 000	21 496 000	20 362 000	16 907 000
Expenditure	25 511 000	20 597 000	19 817 000	16 684 000
Operating Profit	643 000	900 000	544 000	222 000
Financial Income	2 000	1 000	1 000	4 000
Financial Costs	22 000	27 000	30 000	33 000
Financial Balance	−20 000	−26 000	−29 000	−29 000
Earnings Before Tax	623 000	873 000	515 000	193 000
Tax	147 000	197 000	134 000	45 000
Net Income	476 000	676 000	381 000	149 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	209 000	332 000	304 000	212 000
Total Current Assets	4 813 000	4 644 000	3 832 000	2 184 000
Total Assets	5 022 000	4 976 000	4 136 000	2 395 000
Total Retained Equity	2 270 000	1 793 000	1 227 000	927 000
Total Equity	2 370 000	1 893 000	1 327 000	1 027 000
Total Long-Term Debt	185 000	261 000	335 000	187 000
Total Current Debt	2 468 000	2 821 000	2 474 000	1 181 000
Total Equity and Debt	5 022 000	4 976 000	4 136 000	2 395 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 153 000	21 495 000	20 362 000	16 907 000
Other Income	1 000	1 000	0	0
Revenue	26 153 000	21 496 000	20 362 000	16 907 000
Cost of Goods Sold	22 158 000	18 100 000	17 374 000	14 452 000
Salary Costs	1 685 000	1 560 000	1 499 000	1 315 000
Depreciation	122 000	123 000	57 000	72 000
Impairment	0	0	0	0
Expenditure	25 511 000	20 597 000	19 817 000	16 684 000
Operating Profit	643 000	900 000	544 000	222 000
Financial Income	2 000	1 000	1 000	4 000
Financial Costs	22 000	27 000	30 000	33 000
Financial Balance	−20 000	−26 000	−29 000	−29 000
Dividends	0	110 000	80 000	0
Net Income	476 000	676 000	381 000	149 000

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	209 000	332 000	304 000	212 000
Total Tangible Assets	209 000	332 000	304 000	212 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	209 000	332 000	304 000	212 000
Stock	179 000	50 000	36 000	98 000
Total Investments	0	0	0	0
Cash, Bank	1 069 000	316 000	79 000	365 000
Total Current Assets	4 813 000	4 644 000	3 832 000	2 184 000
Total Assets	5 022 000	4 976 000	4 136 000	2 395 000
Total Equity	2 370 000	1 893 000	1 327 000	1 027 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	185 000	261 000	335 000	187 000
Creditors	1 838 000	1 888 000	1 707 000	794 000
Unpaid Taxes	335 000	512 000	350 000	226 000
Dividends	0	110 000	80 000	0
Other Current Debt	148 000	224 000	167 000	117 000
Total Current Debt	2 468 000	2 821 000	2 474 000	1 181 000
Total Equity and Debt	5 022 000	4 976 000	4 136 000	2 395 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,08 %	35,71 %	28,71 %	14,51 %
Debt-to-Equity Ratio	0,08	0,14	0,25	0,18
Operating Profit Margin	2,46 %	4,19 %	2,67 %	1,31 %
Current Ratio	1,95	1,65	1,55	1,85
Quick Ratio	2,1	1,68	1,57	2,02
Equity Ratio	0,47	0,38	0,32	0,43
Gross Profit Margin	15,28 %	15,8 %	14,67 %	14,52 %