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TURNOVER (x1000 NOK)

NET PROFIT (x1000 NOK)

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Løvaas Motor AS

Closing information (x1000 NOK)

Closing information 2023/12 2022/12 2021/12
Turnover 30,672 More Arrow 37,070 More Arrow 38,308
Financial expenses 119 Less Arrow 107 Less Arrow 88
Earnings before taxes 1,725 More Arrow 1,857 More Arrow 2,799
Total assets 13,623 Less Arrow 12,587 Less Arrow 12,268
Current assets 13,483 Less Arrow 12,351 Less Arrow 11,932
Current liabilities 7,653 More Arrow 7,800 More Arrow 8,773
Equity capital 5,970 Less Arrow 4,689 Less Arrow 3,285
- share capital 400 Equal arrow 400 Equal arrow 400

Financial ratios

Fiscal year 2023/12 2022/12 2021/12
Solvency 43.8% Less Arrow 37.3% Less Arrow 26.8%
Turnover per employee
Profit as a percentage of turnover 5.6% Less Arrow 5.0% More Arrow 7.3%
Return on assets (ROA) 13.5% More Arrow 15.6% More Arrow 23.5%
Current ratio 176.2% Less Arrow 158.3% Less Arrow 136.0%
Return on equity (ROE) 28.9% More Arrow 39.6% More Arrow 85.2%
Change turnover -6,398 More Arrow -1,238 More Arrow 8,475
Change turnover % -17% More Arrow -3% More Arrow 28%
Chg. No. of employees
Chg. No. of employees %

Total value of public sale

Fiscal year 2023/12 2022/12 2021/12
Total value of public sale 0 Equal arrow 0 Equal arrow 0

Closing figures are converted to the currency above at the exchange rate of the closing date. Source for the exchange rates: Sveriges Riksbank

The closing information is gathered directly from the companies or from Creditsafe.