LØVOLD SOLUTION AS

8006 BODØ

Finances

Return on Equity

17,39 %

Current Ratio

0,78

Debt-to-Equity Ratio

0,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 582 000	6 512 000	6 020 000	4 119 000
Net Income	12 936 000	12 191 000	16 395 000	11 987 000
Total Assets	197 143 000	179 215 000	154 442 000	163 304 000
Total Equity	74 378 000	70 437 000	69 418 000	61 229 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 582 000	6 512 000	6 020 000	4 119 000
Expenditure	9 036 000	8 476 000	8 423 000	8 065 000
Operating Profit	−3 455 000	−1 964 000	−2 404 000	−3 946 000
Financial Income	24 742 000	20 371 000	27 450 000	22 466 000
Financial Costs	4 694 000	2 762 000	4 025 000	4 075 000
Financial Balance	20 048 000	17 609 000	23 425 000	18 391 000
Earnings Before Tax	16 593 000	15 645 000	21 021 000	14 445 000
Tax	3 657 000	3 454 000	4 627 000	2 458 000
Net Income	12 936 000	12 191 000	16 395 000	11 987 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	124 176 000	116 607 000	110 354 000	106 467 000
Total Current Assets	72 967 000	62 608 000	44 088 000	56 837 000
Total Assets	197 143 000	179 215 000	154 442 000	163 304 000
Total Retained Equity	63 152 000	59 211 000	58 192 000	50 003 000
Total Equity	74 378 000	70 437 000	69 418 000	61 229 000
Total Long-Term Debt	29 757 000	34 420 000	39 481 000	44 395 000
Total Current Debt	93 008 000	74 359 000	45 542 000	57 680 000
Total Equity and Debt	197 143 000	179 215 000	154 442 000	163 304 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 582 000	6 512 000	6 020 000	4 119 000
Other Income	0	0	0	0
Revenue	5 582 000	6 512 000	6 020 000	4 119 000
Cost of Goods Sold	0	0	0	0
Salary Costs	6 507 000	6 304 000	6 043 000	5 376 000
Depreciation	12 000	11 000	5 000	0
Impairment	0	0	0	0
Expenditure	9 036 000	8 476 000	8 423 000	8 065 000
Operating Profit	−3 455 000	−1 964 000	−2 404 000	−3 946 000
Financial Income	24 742 000	20 371 000	27 450 000	22 466 000
Financial Costs	4 694 000	2 762 000	4 025 000	4 075 000
Financial Balance	20 048 000	17 609 000	23 425 000	18 391 000
Dividends	1 000 000	1 000 000	1 000 000	1 000 000
Net Income	12 936 000	12 191 000	16 395 000	11 987 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 963 000	2 656 000	0	7 000
Real Eastate	0	0	717 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	112 000	98 000	72 000	45 000
Total Tangible Assets	112 000	98 000	790 000	45 000
Total Fiancial Fixed Assets	119 101 000	113 853 000	109 564 000	106 414 000
Total Fixed Assets	124 176 000	116 607 000	110 354 000	106 467 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	241 000	234 000	235 000	193 000
Total Current Assets	72 967 000	62 608 000	44 088 000	56 837 000
Total Assets	197 143 000	179 215 000	154 442 000	163 304 000
Total Equity	74 378 000	70 437 000	69 418 000	61 229 000
Short-Term Group Debt	10 250 000	10 220 000	7 264 000	12 000 000
Total Long-Term Debt	29 757 000	34 420 000	39 481 000	44 395 000
Creditors	590 000	505 000	706 000	349 000
Unpaid Taxes	316 000	304 000	314 000	256 000
Dividends	1 000 000	1 000 000	1 000 000	1 000 000
Other Current Debt	3 206 000	1 469 000	1 809 000	1 197 000
Total Current Debt	93 008 000	74 359 000	45 542 000	57 680 000
Total Equity and Debt	197 143 000	179 215 000	154 442 000	163 304 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,39 %	17,31 %	23,62 %	19,58 %
Debt-to-Equity Ratio	0,4	0,49	0,57	0,73
Operating Profit Margin	−61,9 %	−30,16 %	−39,93 %	−95,8 %
Current Ratio	0,78	0,84	0,97	0,99
Quick Ratio	0,78	0,84	0,97	0,99
Equity Ratio	0,38	0,39	0,45	0,37
Gross Profit Margin	100 %	100 %	100 %	100 %