LOTHES MAT & VINHUS AS

5527 HAUGESUND

Finances

Share Ownership

Return on Equity

164,54 %

Current Ratio

1,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 092 000	22 167 000	15 983 000	18 247 000
Net Income	1 392 000	1 759 000	589 000	304 000
Total Assets	7 246 000	6 195 000	4 274 000	4 177 000
Total Equity	846 000	455 000	100 000	101 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 092 000	22 167 000	15 983 000	18 247 000
Expenditure	23 310 000	19 907 000	15 215 000	17 844 000
Operating Profit	1 782 000	2 259 000	768 000	403 000
Financial Income	4 000	0	0	0
Financial Costs	1 000	3 000	14 000	14 000
Financial Balance	3 000	−3 000	−14 000	−14 000
Earnings Before Tax	1 785 000	2 256 000	755 000	389 000
Tax	393 000	497 000	166 000	86 000
Net Income	1 392 000	1 759 000	589 000	304 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	256 000	773 000	229 000	572 000
Total Current Assets	6 990 000	5 422 000	4 045 000	3 605 000
Total Assets	7 246 000	6 195 000	4 274 000	4 177 000
Total Retained Equity	746 000	355 000	0	1 000
Total Equity	846 000	455 000	100 000	101 000
Total Long-Term Debt	0	0	364 000	0
Total Current Debt	6 399 000	5 740 000	3 810 000	4 076 000
Total Equity and Debt	7 246 000	6 195 000	4 274 000	4 177 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 681 000	20 626 000	15 830 000	18 127 000
Other Income	411 000	1 541 000	153 000	119 000
Revenue	25 092 000	22 167 000	15 983 000	18 247 000
Cost of Goods Sold	7 737 000	6 622 000	4 995 000	5 671 000
Salary Costs	9 159 000	7 854 000	5 685 000	7 369 000
Depreciation	137 000	95 000	82 000	42 000
Impairment	0	0	0	0
Expenditure	23 310 000	19 907 000	15 215 000	17 844 000
Operating Profit	1 782 000	2 259 000	768 000	403 000
Financial Income	4 000	0	0	0
Financial Costs	1 000	3 000	14 000	14 000
Financial Balance	3 000	−3 000	−14 000	−14 000
Dividends	1 000 000	0	0	0
Net Income	1 392 000	1 759 000	589 000	304 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	17 000	4 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	239 000	278 000	229 000	156 000
Total Tangible Assets	239 000	278 000	229 000	156 000
Total Fiancial Fixed Assets	0	491 000	0	416 000
Total Fixed Assets	256 000	773 000	229 000	572 000
Stock	658 000	350 000	335 000	369 000
Total Investments	0	0	0	0
Cash, Bank	5 254 000	3 623 000	2 787 000	2 044 000
Total Current Assets	6 990 000	5 422 000	4 045 000	3 605 000
Total Assets	7 246 000	6 195 000	4 274 000	4 177 000
Total Equity	846 000	455 000	100 000	101 000
Short-Term Group Debt	112 000	1 800 000	756 000	388 000
Total Long-Term Debt	0	0	364 000	0
Creditors	748 000	407 000	528 000	1 172 000
Unpaid Taxes	1 294 000	1 002 000	837 000	962 000
Dividends	1 000 000	0	0	0
Other Current Debt	2 839 000	2 426 000	1 690 000	1 553 000
Total Current Debt	6 399 000	5 740 000	3 810 000	4 076 000
Total Equity and Debt	7 246 000	6 195 000	4 274 000	4 177 000

Financial indicators	2022	2021	2020	2019
Return on Equity	164,54 %	386,59 %	589 %	300,99 %
Debt-to-Equity Ratio	0	0	3,64	0
Operating Profit Margin	7,1 %	10,19 %	4,81 %	2,21 %
Current Ratio	1,09	0,94	1,06	0,88
Quick Ratio	1,22	1,01	1,16	0,97
Equity Ratio	0,12	0,07	0,02	0,02
Gross Profit Margin	69,17 %	70,13 %	68,75 %	68,92 %