LOE RØRPRODUKTER NORD AS

7038 TRONDHEIM

Finances

Return on Equity

10,22 %

Current Ratio

4,07

Debt-to-Equity Ratio

1,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	95 858 000	77 780 000	91 022 000	93 115 000
Net Income	2 729 000	−2 097 000	1 996 000	−2 195 000
Total Assets	71 184 000	71 551 000	77 788 000	70 818 000
Total Equity	26 712 000	23 983 000	25 197 000	23 201 000

Income (NOK)	2022	2021	2020	2019
Revenue	95 858 000	77 780 000	91 022 000	93 115 000
Expenditure	93 366 000	80 524 000	87 579 000	94 872 000
Operating Profit	2 491 000	−2 744 000	3 443 000	−1 756 000
Financial Income	1 706 000	789 000	16 000	54 000
Financial Costs	1 134 000	936 000	885 000	1 106 000
Financial Balance	572 000	−147 000	−869 000	−1 052 000
Earnings Before Tax	3 063 000	−2 891 000	2 574 000	−2 809 000
Tax	335 000	−795 000	578 000	−614 000
Net Income	2 729 000	−2 097 000	1 996 000	−2 195 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 794 000	33 016 000	38 745 000	36 143 000
Total Current Assets	43 390 000	38 535 000	39 043 000	34 675 000
Total Assets	71 184 000	71 551 000	77 788 000	70 818 000
Total Retained Equity	3 045 000	316 000	2 413 000	417 000
Total Equity	26 712 000	23 983 000	25 197 000	23 201 000
Total Long-Term Debt	33 812 000	35 547 000	24 717 000	36 457 000
Total Current Debt	10 661 000	12 022 000	27 874 000	11 160 000
Total Equity and Debt	71 184 000	71 551 000	77 788 000	70 818 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	95 858 000	77 780 000	91 022 000	92 472 000
Other Income	0	0	0	643 000
Revenue	95 858 000	77 780 000	91 022 000	93 115 000
Cost of Goods Sold	53 873 000	42 360 000	50 089 000	53 135 000
Salary Costs	21 982 000	20 912 000	21 577 000	23 255 000
Depreciation	5 877 000	6 453 000	6 657 000	6 661 000
Impairment	0	0	0	0
Expenditure	93 366 000	80 524 000	87 579 000	94 872 000
Operating Profit	2 491 000	−2 744 000	3 443 000	−1 756 000
Financial Income	1 706 000	789 000	16 000	54 000
Financial Costs	1 134 000	936 000	885 000	1 106 000
Financial Balance	572 000	−147 000	−869 000	−1 052 000
Dividends	0	0	0	0
Net Income	2 729 000	−2 097 000	1 996 000	−2 195 000

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	17 075 000	21 635 000	26 802 000	32 133 000
Fixtures	1 720 000	2 382 000	3 443 000	4 010 000
Total Tangible Assets	18 794 000	24 016 000	30 245 000	36 143 000
Total Fiancial Fixed Assets	9 000 000	9 000 000	8 500 000	0
Total Fixed Assets	27 794 000	33 016 000	38 745 000	36 143 000
Stock	30 124 000	24 815 000	23 246 000	22 793 000
Total Investments	0	0	0	0
Cash, Bank	2 336 000	6 166 000	5 761 000	1 529 000
Total Current Assets	43 390 000	38 535 000	39 043 000	34 675 000
Total Assets	71 184 000	71 551 000	77 788 000	70 818 000
Total Equity	26 712 000	23 983 000	25 197 000	23 201 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	33 812 000	35 547 000	24 717 000	36 457 000
Creditors	5 154 000	7 686 000	7 265 000	6 873 000
Unpaid Taxes	2 637 000	2 184 000	2 589 000	1 634 000
Dividends	0	0	0	0
Other Current Debt	1 954 000	2 152 000	17 076 000	2 653 000
Total Current Debt	10 661 000	12 022 000	27 874 000	11 160 000
Total Equity and Debt	71 184 000	71 551 000	77 788 000	70 818 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,22 %	−8,74 %	7,92 %	−9,46 %
Debt-to-Equity Ratio	1,27	1,48	0,98	1,57
Operating Profit Margin	2,6 %	−3,53 %	3,78 %	−1,89 %
Current Ratio	4,07	3,21	1,4	3,11
Quick Ratio	−2,23	−3,01	8,44	−2,98
Equity Ratio	0,38	0,34	0,32	0,33
Gross Profit Margin	43,8 %	45,54 %	44,97 %	42,94 %