LØKKEN GLASSVERK AS

7332 LØKKEN VERK

Finances

Share Ownership

Return on Equity

−14,65 %

Current Ratio

1,62

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	1 000	55 000	0
Net Income	−23 000	−23 000	23 000	−30 000
Total Assets	272 000	289 000	315 000	347 000
Total Equity	157 000	180 000	203 000	180 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	1 000	55 000	0
Expenditure	23 000	24 000	32 000	32 000
Operating Profit	−23 000	−23 000	22 000	−32 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Earnings Before Tax	−23 000	−23 000	23 000	−32 000
Tax	0	0	0	−2 000
Net Income	−23 000	−23 000	23 000	−30 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	87 000	101 000	116 000	132 000
Total Current Assets	186 000	188 000	199 000	214 000
Total Assets	272 000	289 000	315 000	347 000
Total Retained Equity	−43 000	−20 000	3 000	−20 000
Total Equity	157 000	180 000	203 000	180 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	115 000	110 000	113 000	166 000
Total Equity and Debt	272 000	289 000	315 000	347 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	1 000	55 000	0
Other Income	0	0	0	0
Revenue	0	1 000	55 000	0
Cost of Goods Sold	0	0	10 000	0
Salary Costs	0	0	0	0
Depreciation	15 000	15 000	16 000	20 000
Impairment	0	0	0	0
Expenditure	23 000	24 000	32 000	32 000
Operating Profit	−23 000	−23 000	22 000	−32 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Dividends	0	0	0	0
Net Income	−23 000	−23 000	23 000	−30 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	61 000	61 000	61 000	61 000
Machinery and Plant Facilities	26 000	41 000	55 000	72 000
Fixtures	0	0	0	0
Total Tangible Assets	87 000	101 000	116 000	132 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	87 000	101 000	116 000	132 000
Stock	185 000	185 000	185 000	195 000
Total Investments	0	0	0	0
Cash, Bank	1 000	1 000	14 000	17 000
Total Current Assets	186 000	188 000	199 000	214 000
Total Assets	272 000	289 000	315 000	347 000
Total Equity	157 000	180 000	203 000	180 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	1 000	0	0
Unpaid Taxes	0	0	12 000	0
Dividends	0	0	0	0
Other Current Debt	115 000	109 000	100 000	166 000
Total Current Debt	115 000	110 000	113 000	166 000
Total Equity and Debt	272 000	289 000	315 000	347 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,65 %	−12,78 %	11,33 %	−16,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	−2 300 %	40 %	-
Current Ratio	1,62	1,71	1,76	1,29
Quick Ratio	−2,66	−2,51	−2,76	−7,38
Equity Ratio	0,58	0,62	0,64	0,52
Gross Profit Margin	-	100 %	81,82 %	-