Balance Sheet Lovisagruvan AB

Stocks

LOVI

SE0000418873

Specialty Mining & Metals

End-of-day quote SPOTLIGHT STOCK MARKET AB Other stock markets 31/01/2024			5-day change	1st Jan Change
29.20 ^SEK	-0.68%		-.--%	-

04-30	Lovisagruvan improves mining results	FW
04-30	Lovisagruvan AB Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

48c96.xKlXmFimft1JlUSCCS5DSH69sGHqgUvMjQ8Ej-jOyuA.i_EEoCHeD7R-2XbVPEI2LQeMwzWCyQL51ElA5tmNi9am5CP0KfM28CSgJw

Published financial data: LOVISAGRUVAN AB

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	52.16M	51.39M	29.48M	32.02M	19.74M
Other Revenues, Total	-	-	1.09M	400K	68K
Total Revenues	52.16M	51.39M	30.57M	32.42M	19.8M
Cost of Goods Sold, Total	25.45M	7.6M	5.41M	3.63M	18.38M
Gross Profit	26.71M	43.79M	25.16M	28.79M	1.43M
Selling General & Admin Expenses, Total	17.33M	17.46M	17.85M	17.17M	15.67M
Depreciation & Amortization - (IS)	6.92M	7.5M	7.86M	7.24M	8.27M
Other Operating Expenses	-	-166K	1.12M	1.41M	270K
Other Operating Expenses, Total	24.25M	24.79M	26.84M	25.83M	24.2M
Operating Income	2.46M	19M	-1.67M	2.96M	-22.78M
Interest Expense, Total	-171K	-416K	-1.78M	-1.91M	-1.82M
Interest And Investment Income	-	2.41M	152K	6K	-
Net Interest Expenses	-171K	2M	-1.63M	-1.91M	-1.82M
Currency Exchange Gains (Loss)	-	-	1.81M	-	-
Other Non Operating Income (Expenses)	1K	-3.69M	3.65M	3.22M	14.42M
EBT, Excl. Unusual Items	2.29M	17.31M	2.15M	4.27M	-10.18M
Asset Writedown	-	-	-	3.4M	9M
EBT, Incl. Unusual Items	2.29M	17.31M	2.15M	7.67M	-1.18M
Income Tax Expense	536K	3.14M	650K	1.75M	-
Earnings From Continuing Operations	1.75M	14.17M	1.5M	5.92M	-1.18M
Net Income to Company	1.75M	14.17M	1.5M	5.92M	-1.18M
Net Income - (IS)	1.75M	14.17M	1.5M	5.92M	-1.18M
Net Income to Common Incl Extra Items	1.75M	14.17M	1.5M	5.92M	-1.18M
Net Income to Common Excl. Extra Items	1.75M	14.17M	1.5M	5.92M	-1.18M
Per Share Items
Net EPS - Basic	0.53	4.99	0.4	1.51	-0.3
Basic EPS - Continuing Operations	0.53	4.99	0.4	1.51	-0.3
Basic Weighted Average Shares Outstanding	3.31M	2.84M	3.75M	3.92M	3.92M
Net EPS - Diluted	0.53	4.99	0.4	1.51	-0.3
Diluted EPS - Continuing Operations	0.53	4.99	0.4	1.51	-0.3
Diluted Weighted Average Shares Outstanding	3.31M	2.84M	3.75M	3.92M	3.92M
Normalized Basic EPS	0.43	3.81	0.36	0.68	-1.62
Normalized Diluted EPS	0.43	3.81	0.36	0.68	-1.62
Dividend Per Share	1	2	-	-	-
Payout Ratio	194.81	24.11	455.53	-	-
Supplemental Items
EBITDA	9.38M	26.5M	6.03M	10.24M	-14.01M
EBITA	2.46M	19M	-1.67M	2.96M	-22.78M
EBIT	2.46M	19M	-1.67M	2.96M	-22.78M
Total Revenues (As Reported)	48.24M	56.62M	38.92M	37.07M	6.34M
Effective Tax Rate - (Ratio)	23.41	18.16	30.23	22.8	-
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	933K	3.14M	650K	-	-
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-397K	-	-	-	-
Normalized Net Income	1.43M	10.82M	1.34M	2.67M	-6.36M
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	3.08M	3.19M	-	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	1.35M	20.04M	696K	11.22M	56K
Short Term Investments	-	1.22M	-	-	-
Total Cash And Short Term Investments	1.35M	21.25M	696K	11.22M	56K
Accounts Receivable, Total	2.21M	-	-	1.45M	29.6M
Other Receivables	736K	1.11M	2.46M	460K	277K
Total Receivables	2.94M	1.11M	2.46M	1.91M	29.88M
Inventory	2.6M	7.69M	14.24M	18.86M	5.32M
Prepaid Expenses	130K	352K	191K	359K	339K
Other Current Assets, Total	1.68M	-	-	1K	-
Total Current Assets	8.7M	30.41M	17.58M	32.36M	35.6M
Gross Property Plant And Equipment	107M	119M	127M	130M	130M
Accumulated Depreciation	-63.12M	-70.68M	-78.54M	-85.78M	-92.06M
Net Property Plant And Equipment	43.61M	48.33M	48.52M	43.78M	38.32M
Long-term Investments	4.36M	499K	499K	499K	299K
Other Intangibles, Total	10.83M	18.9M	21.02M	21.02M	19.02M
Other Long-Term Assets, Total	1.5M	500K	500K	501K	-
Total Assets	69M	98.63M	88.11M	98.15M	93.24M
Liabilities
Accounts Payable, Total	1.61M	2.65M	1.48M	1.24M	2.32M
Accrued Expenses, Total	12.66M	42.31M	36.08M	28.84M	16.56M
Current Portion of Long-Term Debt	1M	1.72M	7.12M	3M	5M
Current Income Taxes Payable	290K	1.48M	2.3M	2M	1.86M
Other Current Liabilities	487K	4.95M	316K	8.22M	2.96M
Total Current Liabilities	16.04M	53.12M	47.29M	43.29M	28.71M
Long-Term Debt	2.71M	7.7M	8.3M	5.3M	9.95M
Other Non Current Liabilities	558K	591K	625K	1.44M	6.86M
Total Liabilities	19.31M	61.4M	56.21M	50.03M	45.51M
Common Stock, Total	683K	683K	683K	784K	784K
Additional Paid In Capital	-	454K	454K	10.65M	11.43M
Retained Earnings	49.01M	36.09M	30.76M	36.68M	35.51M
Comprehensive Income and Other	-	-	-	-	-
Total Common Equity	49.69M	37.23M	31.9M	48.12M	47.72M
Total Equity	49.69M	37.23M	31.9M	48.12M	47.72M
Total Liabilities And Equity	69M	98.63M	88.11M	98.15M	93.24M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	3.42M	3.42M	3.42M	3.92M	3.92M
ECS Total Common Shares Outstanding	3.42M	3.42M	3.42M	3.92M	-
Book Value / Share	14.54	10.9	9.34	12.28	12.17
Tangible Book Value	38.86M	18.33M	10.88M	27.11M	28.7M
Tangible Book Value Per Share	11.37	5.37	3.18	6.91	7.32
Total Debt	3.71M	9.42M	15.42M	8.3M	14.95M
Net Debt	2.36M	-11.83M	14.73M	-2.92M	14.89M
Equity Method Investments, Total	4.36M	200K	200K	200K	-
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Raw Materials, Total	442K	470K	470K	445K	370K
Inventories - Finished Goods, Total	2.15M	7.22M	13.76M	18.42M	4.95M
Buildings, Total	5.99M	6.31M	7.02M	7.02M	7.02M
Machinery, Total	51.3M	62.79M	67.2M	123M	123M
Full Time Employees	22	22	20	18	-

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	1.75M	14.17M	1.5M	5.92M	-1.18M
Depreciation & Amortization - CF	6.92M	7.5M	7.7M	7.28M	8.76M
Depreciation & Amortization, Total	6.92M	7.5M	7.7M	7.28M	8.76M
Amortization of Deferred Charges, Total - (CF)	28K	1.25M	-	-	-
Other Operating Activities, Total	-1.12M	4.44M	-2.03M	-6.92M	-22.86M
Change In Accounts Receivable	-2.21M	2.21M	-	-1.45M	-28.15M
Change In Inventories	3.92M	-5.1M	-6.54M	-4.63M	13.54M
Change In Accounts Payable	593K	1.09M	-1.18M	-235K	1.08M
Change in Other Net Operating Assets	-1.66M	2.8M	-9.72M	9.11M	6.2M
Cash from Operations	8.22M	28.36M	-10.26M	9.08M	-22.6M
Capital Expenditure	-11.5M	-9.39M	-5.9M	-	-
Sale of Property, Plant, and Equipment	-	-	974K	-	-
Cash Acquisitions	-	-200K	-	-	-
Sale (Purchase) of Intangible assets	-267K	-21.54M	-5.04M	-2.5M	-
Investment in Marketable and Equity Securities, Total	-	-1.22M	-	-	-
Other Investing Activities, Total	1K	21M	-	-	-808K
Cash from Investing	-11.77M	-11.35M	-9.97M	-2.5M	-808K
Long-Term Debt Issued, Total	2.71M	5.09M	10.67M	-	14.94M
Total Debt Issued	2.71M	5.09M	10.67M	-	14.94M
Long-Term Debt Repaid, Total	-	-	-2.94M	-7.12M	-2.7M
Total Debt Repaid	-	-	-2.94M	-7.12M	-2.7M
Issuance of Common Stock	-	-	-	11.08M	-
Common Dividends Paid	-3.42M	-3.42M	-6.83M	-	-
Common & Preferred Stock Dividends Paid	-3.42M	-3.42M	-6.83M	-	-
Cash from Financing	-709K	1.68M	895K	3.96M	12.24M
Miscellaneous Cash Flow Adjustments	-	-	-	-	-
Net Change in Cash	-4.26M	18.69M	-19.34M	10.53M	-11.17M
Supplemental Items
Cash Interest Paid	171K	416K	985K	1.91M	1.12M
Cash Income Tax Paid (Refund)	1.65M	26K	-166K	2.05M	136K
Levered Free Cash Flow	-3.78M	-2.15M	-24.37M	1.3M	-37.49M
Unlevered Free Cash Flow	-3.68M	-1.89M	-23.25M	2.5M	-36.35M
Change In Net Working Capital	390K	-8.41M	18.96M	4.12M	30.88M
Net Debt Issued / Repaid	2.71M	5.09M	7.73M	-7.12M	12.24M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	2.22	13.93	-1.12	1.99	-14.88
Return on Total Capital	2.91	30.91	-2.22	3.57	-25.52
Return On Equity %	3.48	44.47	4.34	14.81	-2.44
Return on Common Equity	3.48	44.47	4.34	14.81	-2.44
Margin Analysis
Gross Profit Margin %	51.21	85.21	82.3	88.8	7.21
SG&A Margin	33.23	33.97	58.39	52.97	79.11
EBITDA Margin %	17.98	51.57	19.72	31.58	-70.76
EBITA Margin %	4.72	36.98	-5.47	9.14	-115.01
EBIT Margin %	4.72	36.98	-5.47	9.14	-115.01
Income From Continuing Operations Margin %	3.36	27.57	4.91	18.27	-5.95
Net Income Margin %	3.36	27.57	4.91	18.27	-5.95
Net Avail. For Common Margin %	3.36	27.57	4.91	18.27	-5.95
Normalized Net Income Margin	2.74	21.05	4.4	8.24	-32.12
Levered Free Cash Flow Margin	-7.26	-4.19	-79.7	4.01	-189.31
Unlevered Free Cash Flow Margin	-7.05	-3.69	-76.05	7.7	-183.56
Asset Turnover
Asset Turnover	0.75	0.6	0.33	0.35	0.21
Fixed Assets Turnover	1.26	1.12	0.63	0.7	0.48
Receivables Turnover (Average Receivables)	-	-	-	-	1.27
Inventory Turnover (Average Inventory)	5.59	1.48	0.49	0.22	1.52
Short Term Liquidity
Current Ratio	0.54	0.57	0.37	0.75	1.24
Quick Ratio	0.27	0.42	0.07	0.3	1.04
Operating Cash Flow to Current Liabilities	0.51	0.53	-0.22	0.21	-0.79
Days Sales Outstanding (Average Receivables)	-	-	-	-	287.17
Days Outstanding Inventory (Average Inventory)	65.31	247.1	739.75	1.67K	240.17
Average Days Payable Outstanding	22.22	60.61	63.11	60.34	134.47
Cash Conversion Cycle (Average Days)	-	-	-	-	392.87
Long Term Solvency
Total Debt/Equity	7.46	25.29	48.35	17.25	31.32
Total Debt / Total Capital	6.94	20.19	32.59	14.71	23.85
LT Debt/Equity	5.45	20.67	26.03	11.02	20.85
Long-Term Debt / Total Capital	5.07	16.5	17.54	9.4	15.87
Total Liabilities / Total Assets	27.98	62.26	63.8	50.97	48.82
EBIT / Interest Expense	14.39	45.68	-0.94	1.55	-12.51
EBITDA / Interest Expense	54.85	63.7	3.38	5.35	-7.7
(EBITDA - Capex) / Interest Expense	-12.43	41.13	0.07	5.35	-7.7
Total Debt / EBITDA	0.4	0.36	2.56	0.81	-1.07
Net Debt / EBITDA	0.25	-0.45	2.44	-0.29	-1.06
Total Debt / (EBITDA - Capex)	-1.74	0.55	124.38	0.81	-1.07
Net Debt / (EBITDA - Capex)	-1.11	-0.69	118.77	-0.29	-1.06
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	41.04	-1.48	-40.5	6.05	-38.92
Gross Profit, 1 Yr. Growth %	21.33	63.63	-39.78	14.42	-95.04
EBITDA, 1 Yr. Growth %	34.47	180.58	-78.14	69.83	-236.86
EBITA, 1 Yr. Growth %	295.5	656.15	-108.88	-277.21	-868.45
EBIT, 1 Yr. Growth %	295.5	656.15	-108.88	-277.21	-868.45
Earnings From Cont. Operations, 1 Yr. Growth %	365.25	331.89	-89.41	294.93	-119.89
Net Income, 1 Yr. Growth %	365.25	331.89	-89.41	294.93	-119.89
Normalized Net Income, 1 Yr. Growth %	311.13	310.87	-87.58	-29.36	-289.39
Diluted EPS Before Extra, 1 Yr. Growth %	381.82	403.48	-91.98	277.81	-119.89
Accounts Receivable, 1 Yr. Growth %	-	-	-	-	1.94K
Inventory, 1 Yr. Growth %	-60.14	196.49	85.01	32.5	-71.77
Net Property, Plant and Equip., 1 Yr. Growth %	11.76	10.36	0.38	-9.77	-12.47
Total Assets, 1 Yr. Growth %	-0.94	37.24	-10.67	11.39	-5.01
Tangible Book Value, 1 Yr. Growth %	-6.66	-30.76	-40.65	149.11	2.93
Common Equity, 1 Yr. Growth %	-2.94	40.6	-14.32	50.86	-2.41
Cash From Operations, 1 Yr. Growth %	-11.81	247.06	-136.19	-188.46	-348.94
Capital Expenditures, 1 Yr. Growth %	200.31	5.59	-37.1	-	-
Levered Free Cash Flow, 1 Yr. Growth %	-181.39	-109.5	978.84	-105.34	-1.11K
Unlevered Free Cash Flow, 1 Yr. Growth %	-178.4	-108.32	1.06K	-110.74	-842.92
Dividend Per Share, 1 Yr. Growth %	0	100	-	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	3.87	17.88	-23.44	-20.57	-19.51
Gross Profit, 2 Yr. CAGR %	-3.77	41.03	-3.03	-17	-76.19
EBITDA, 2 Yr. CAGR %	-18.22	94.91	-20.1	-39.07	52.46
EBITA, 2 Yr. CAGR %	-43.83	452.72	-18.43	-60.34	269.09
EBIT, 2 Yr. CAGR %	-43.83	452.72	-18.43	-60.34	269.09
Earnings From Cont. Operations, 2 Yr. CAGR %	-45.8	512.99	-32.37	-35.33	-11.38
Net Income, 2 Yr. CAGR %	-45.8	512.99	-32.37	-35.33	-11.38
Normalized Net Income, 2 Yr. CAGR %	-45.4	457.47	-28.56	-50.31	29.7
Diluted EPS Before Extra, 2 Yr. CAGR %	-45.12	573.53	-36.47	-44.97	-13.32
Accounts Receivable, 2 Yr. CAGR %	-29.38	-	-	-	-
Inventory, 2 Yr. CAGR %	-9.12	8.71	134.21	56.57	-38.84
Net Property, Plant and Equip., 2 Yr. CAGR %	2.46	11.29	5.25	-4.83	-11.13
Total Assets, 2 Yr. CAGR %	-3.27	19	10.73	-0.24	2.87
Tangible Book Value, 2 Yr. CAGR %	-8.24	-33.64	-35.9	21.59	62.41
Common Equity, 2 Yr. CAGR %	-4.28	-14.72	9.76	13.69	22.32
Cash From Operations, 2 Yr. CAGR %	79.67	74.41	12.07	-43.42	48.4
Capital Expenditures, 2 Yr. CAGR %	25.47	56.54	-18.5	-	-
Levered Free Cash Flow, 2 Yr. CAGR %	-43.9	-31.92	3.67	-24.08	24.05
Unlevered Free Cash Flow, 2 Yr. CAGR %	-44.53	-36.44	1.04	11.8	25.05
Dividend Per Share, 2 Yr. CAGR %	0	41.42	-	-	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-4.95	2.05	-6.15	-14.66	-27.23
Gross Profit, 3 Yr. CAGR %	-12.58	14.93	4.55	2.47	-67.56
EBITDA, 3 Yr. CAGR %	-27.93	23.63	-4.74	2.73	-20.2
EBITA, 3 Yr. CAGR %	-50.14	34.57	39.04	5.64	6.54
EBIT, 3 Yr. CAGR %	-50.14	34.57	39.04	5.64	6.54
Earnings From Cont. Operations, 3 Yr. CAGR %	-51.56	33.37	58.46	21.78	-56.35
Net Income, 3 Yr. CAGR %	-51.56	33.37	58.46	21.78	-56.35
Normalized Net Income, 3 Yr. CAGR %	-51.33	31.11	56.87	0.48	-16.22
Diluted EPS Before Extra, 3 Yr. CAGR %	-51.04	41.53	53.78	15.1	-60.8
Accounts Receivable, 3 Yr. CAGR %	8.03	-	-	-13.03	-
Inventory, 3 Yr. CAGR %	17.61	34.79	29.79	93.71	-11.55
Net Property, Plant and Equip., 3 Yr. CAGR %	2.53	5.18	7.53	-0.01	-7.45
Total Assets, 3 Yr. CAGR %	-8.01	10.18	8.15	10.95	-1.86
Tangible Book Value, 3 Yr. CAGR %	-8.92	-26.49	-36.06	0.78	16.11
Common Equity, 3 Yr. CAGR %	-5.3	-11.78	-14.59	22.03	8.63
Cash From Operations, 3 Yr. CAGR %	-31.43	123.3	3.25	3.57	-7.28
Capital Expenditures, 3 Yr. CAGR %	6.23	8.71	15.51	-	-
Levered Free Cash Flow, 3 Yr. CAGR %	-17.18	-43.62	73.7	-61.42	155.1
Unlevered Free Cash Flow, 3 Yr. CAGR %	-18.22	-45.88	70.5	-52.13	163
Dividend Per Share, 3 Yr. CAGR %	-30.66	25.99	-	-	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	16.67	-8.1	-12.83	-7.68	-11.74
Gross Profit, 5 Yr. CAGR %	-2.08	-2.88	-8.84	-0.04	-42.15
EBITDA, 5 Yr. CAGR %	-3.03	-5.13	-24.79	-6.1	14.98
EBITA, 5 Yr. CAGR %	-16.57	-8.44	-39.03	-17.6	105.47
EBIT, 5 Yr. CAGR %	-16.57	-8.44	-39.03	-17.6	105.47
Earnings From Cont. Operations, 5 Yr. CAGR %	-18.4	-9.16	-37.26	-0.16	25.59
Net Income, 5 Yr. CAGR %	-18.4	-9.16	-37.26	-0.16	25.59
Normalized Net Income, 5 Yr. CAGR %	-17.84	-10.07	-35.9	-11.06	78.8
Diluted EPS Before Extra, 5 Yr. CAGR %	-24.43	-5.84	-38.42	-3	22.26
Accounts Receivable, 5 Yr. CAGR %	-24.27	-	-	-19.98	-
Inventory, 5 Yr. CAGR %	-27.81	5.97	54.92	43.11	-3.95
Net Property, Plant and Equip., 5 Yr. CAGR %	2.07	5.72	3.7	1.05	-0.36
Total Assets, 5 Yr. CAGR %	-1.17	2.34	-0.12	5.89	6.01
Tangible Book Value, 5 Yr. CAGR %	-2.4	-19.86	-26.7	-10.1	-7.17
Common Equity, 5 Yr. CAGR %	2.42	-8.08	-11.43	-2.36	-1.4
Cash From Operations, 5 Yr. CAGR %	6.3	-11.12	-16.64	28.94	19.38
Capital Expenditures, 5 Yr. CAGR %	34.59	33.86	-9.25	-	-
Levered Free Cash Flow, 5 Yr. CAGR %	7.71	-45.08	29.61	-35.9	51.81
Unlevered Free Cash Flow, 5 Yr. CAGR %	8.19	-46.5	28.16	-26.88	50.61
Dividend Per Share, 5 Yr. CAGR %	-19.73	-12.94	-	-	-