LØE TRANSPORT AS

1880 EIDSBERG

Finances

Return on Equity

−53,16 %

Current Ratio

1,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 607 000	9 458 000	9 321 000	13 734 000
Net Income	−1 481 000	−304 000	−397 000	385 000
Total Assets	3 899 000	5 934 000	6 064 000	7 781 000
Total Equity	2 786 000	4 267 000	4 571 000	4 968 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 607 000	9 458 000	9 321 000	13 734 000
Expenditure	9 258 000	9 893 000	9 881 000	13 255 000
Operating Profit	−1 651 000	−436 000	−560 000	479 000
Financial Income	38 000	55 000	56 000	61 000
Financial Costs	0	0	4 000	43 000
Financial Balance	38 000	55 000	52 000	18 000
Earnings Before Tax	−1 613 000	−381 000	−508 000	497 000
Tax	−132 000	−77 000	−112 000	112 000
Net Income	−1 481 000	−304 000	−397 000	385 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 706 000	2 127 000	2 652 000	4 291 000
Total Current Assets	2 193 000	3 808 000	3 412 000	3 491 000
Total Assets	3 899 000	5 934 000	6 064 000	7 781 000
Total Retained Equity	2 286 000	3 767 000	4 071 000	4 468 000
Total Equity	2 786 000	4 267 000	4 571 000	4 968 000
Total Long-Term Debt	0	132 000	86 000	475 000
Total Current Debt	1 113 000	1 535 000	1 407 000	2 339 000
Total Equity and Debt	3 899 000	5 934 000	6 064 000	7 781 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 680 000	9 013 000	9 126 000	13 582 000
Other Income	−73 000	444 000	195 000	152 000
Revenue	7 607 000	9 458 000	9 321 000	13 734 000
Cost of Goods Sold	0	7 000	25 000	63 000
Salary Costs	3 506 000	4 181 000	4 057 000	5 529 000
Depreciation	421 000	526 000	657 000	869 000
Impairment	0	0	0	0
Expenditure	9 258 000	9 893 000	9 881 000	13 255 000
Operating Profit	−1 651 000	−436 000	−560 000	479 000
Financial Income	38 000	55 000	56 000	61 000
Financial Costs	0	0	4 000	43 000
Financial Balance	38 000	55 000	52 000	18 000
Dividends	0	0	0	0
Net Income	−1 481 000	−304 000	−397 000	385 000

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	1 683 000	2 104 000	2 630 000	4 268 000
Total Tangible Assets	1 683 000	2 104 000	2 630 000	4 268 000
Total Fiancial Fixed Assets	23 000	23 000	23 000	23 000
Total Fixed Assets	1 706 000	2 127 000	2 652 000	4 291 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 575 000	3 034 000	2 395 000	2 053 000
Total Current Assets	2 193 000	3 808 000	3 412 000	3 491 000
Total Assets	3 899 000	5 934 000	6 064 000	7 781 000
Total Equity	2 786 000	4 267 000	4 571 000	4 968 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	132 000	86 000	475 000
Creditors	353 000	665 000	510 000	855 000
Unpaid Taxes	288 000	315 000	362 000	566 000
Dividends	0	0	0	0
Other Current Debt	472 000	555 000	536 000	849 000
Total Current Debt	1 113 000	1 535 000	1 407 000	2 339 000
Total Equity and Debt	3 899 000	5 934 000	6 064 000	7 781 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−53,16 %	−7,12 %	−8,69 %	7,75 %
Debt-to-Equity Ratio	0	0,03	0,02	0,1
Operating Profit Margin	−21,7 %	−4,61 %	−6,01 %	3,49 %
Current Ratio	1,97	2,48	2,43	1,49
Quick Ratio	1,97	2,48	2,43	1,49
Equity Ratio	0,71	0,72	0,75	0,64
Gross Profit Margin	100 %	99,93 %	99,73 %	99,54 %