LOFOTEN LYNGEN SHIPPING AS

9008 TROMSØ

Finances

Share Ownership

Return on Equity

−25,19 %

Current Ratio

1,17

Debt-to-Equity Ratio

3,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 350 000	2 146 000	1 005 000	638 000
Net Income	−233 000	106 000	−171 000	−1 105 000
Total Assets	5 081 000	5 499 000	4 881 000	4 891 000
Total Equity	925 000	1 456 000	1 050 000	1 221 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 350 000	2 146 000	1 005 000	638 000
Expenditure	1 440 000	1 800 000	1 030 000	1 802 000
Operating Profit	−89 000	345 000	−25 000	−1 164 000
Financial Income	0	0	0	0
Financial Costs	210 000	209 000	194 000	253 000
Financial Balance	−210 000	−209 000	−194 000	−253 000
Earnings Before Tax	−299 000	136 000	−219 000	−1 417 000
Tax	−66 000	30 000	−48 000	−312 000
Net Income	−233 000	106 000	−171 000	−1 105 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 037 000	5 160 000	4 864 000	4 819 000
Total Current Assets	1 043 000	339 000	17 000	72 000
Total Assets	5 081 000	5 499 000	4 881 000	4 891 000
Total Retained Equity	−4 232 000	901 000	795 000	966 000
Total Equity	925 000	1 456 000	1 050 000	1 221 000
Total Long-Term Debt	3 261 000	3 085 000	3 374 000	3 254 000
Total Current Debt	895 000	957 000	457 000	415 000
Total Equity and Debt	5 081 000	5 499 000	4 881 000	4 891 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 200 000	2 145 000	775 000	282 000
Other Income	150 000	0	230 000	356 000
Revenue	1 350 000	2 146 000	1 005 000	638 000
Cost of Goods Sold	70 000	123 000	18 000	36 000
Salary Costs	264 000	563 000	222 000	300 000
Depreciation	267 000	213 000	205 000	205 000
Impairment	0	0	0	0
Expenditure	1 440 000	1 800 000	1 030 000	1 802 000
Operating Profit	−89 000	345 000	−25 000	−1 164 000
Financial Income	0	0	0	0
Financial Costs	210 000	209 000	194 000	253 000
Financial Balance	−210 000	−209 000	−194 000	−253 000
Dividends	0	0	0	0
Net Income	−233 000	106 000	−171 000	−1 105 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	876 000	905 000	857 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	39 000	78 000	117 000
Total Tangible Assets	4 037 000	4 284 000	3 959 000	3 962 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 037 000	5 160 000	4 864 000	4 819 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	409 000	2 000	8 000
Total Current Assets	1 043 000	339 000	17 000	72 000
Total Assets	5 081 000	5 499 000	4 881 000	4 891 000
Total Equity	925 000	1 456 000	1 050 000	1 221 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 261 000	3 085 000	3 374 000	3 254 000
Creditors	93 000	126 000	94 000	249 000
Unpaid Taxes	5 000	93 000	2 000	8 000
Dividends	0	0	0	0
Other Current Debt	55 000	739 000	122 000	16 000
Total Current Debt	895 000	957 000	457 000	415 000
Total Equity and Debt	5 081 000	5 499 000	4 881 000	4 891 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−25,19 %	7,28 %	−16,29 %	−90,5 %
Debt-to-Equity Ratio	3,53	2,12	3,21	2,67
Operating Profit Margin	−6,59 %	16,08 %	−2,49 %	−182,45 %
Current Ratio	1,17	0,35	0,04	0,17
Quick Ratio	1,17	0,35	0,04	0,17
Equity Ratio	0,18	0,26	0,22	0,25
Gross Profit Margin	94,81 %	94,27 %	98,21 %	94,36 %