CLASSIC AS

5171 LODDEFJORD

Finances

Return on Equity

13,12 %

Current Ratio

2,81

Debt-to-Equity Ratio

1,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 475 000	5 834 000	6 293 000	5 467 000
Net Income	2 279 000	2 187 000	2 408 000	1 252 000
Total Assets	47 208 000	47 118 000	45 368 000	44 577 000
Total Equity	17 367 000	15 088 000	13 901 000	11 493 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 475 000	5 834 000	6 293 000	5 467 000
Expenditure	1 536 000	2 183 000	2 286 000	2 823 000
Operating Profit	3 939 000	3 652 000	4 007 000	2 644 000
Financial Income	9 000	58 000	0	0
Financial Costs	1 026 000	906 000	920 000	1 009 000
Financial Balance	−1 017 000	−848 000	−920 000	−1 009 000
Earnings Before Tax	2 922 000	2 803 000	3 087 000	1 635 000
Tax	643 000	617 000	679 000	383 000
Net Income	2 279 000	2 187 000	2 408 000	1 252 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	42 450 000	42 418 000	44 506 000	44 421 000
Total Current Assets	4 758 000	4 700 000	861 000	156 000
Total Assets	47 208 000	47 118 000	45 368 000	44 577 000
Total Retained Equity	17 267 000	14 988 000	13 801 000	11 393 000
Total Equity	17 367 000	15 088 000	13 901 000	11 493 000
Total Long-Term Debt	28 145 000	29 409 000	30 107 000	26 033 000
Total Current Debt	1 696 000	2 621 000	1 359 000	7 051 000
Total Equity and Debt	47 208 000	47 118 000	45 368 000	44 577 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 523 000	4 835 000	5 331 000	5 467 000
Other Income	2 951 000	999 000	962 000	0
Revenue	5 475 000	5 834 000	6 293 000	5 467 000
Cost of Goods Sold	0	0	0	0
Salary Costs	516 000	734 000	550 000	519 000
Depreciation	519 000	627 000	658 000	660 000
Impairment	0	0	0	0
Expenditure	1 536 000	2 183 000	2 286 000	2 823 000
Operating Profit	3 939 000	3 652 000	4 007 000	2 644 000
Financial Income	9 000	58 000	0	0
Financial Costs	1 026 000	906 000	920 000	1 009 000
Financial Balance	−1 017 000	−848 000	−920 000	−1 009 000
Dividends	0	1 000 000	0	0
Net Income	2 279 000	2 187 000	2 408 000	1 252 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	41 885 000	42 403 000	44 491 000	44 406 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	41 885 000	42 403 000	44 491 000	44 406 000
Total Fiancial Fixed Assets	565 000	15 000	15 000	15 000
Total Fixed Assets	42 450 000	42 418 000	44 506 000	44 421 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	949 000	1 106 000	759 000	89 000
Total Current Assets	4 758 000	4 700 000	861 000	156 000
Total Assets	47 208 000	47 118 000	45 368 000	44 577 000
Total Equity	17 367 000	15 088 000	13 901 000	11 493 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	28 145 000	29 409 000	30 107 000	26 033 000
Creditors	128 000	128 000	70 000	17 000
Unpaid Taxes	147 000	128 000	77 000	142 000
Dividends	0	1 000 000	0	0
Other Current Debt	708 000	648 000	516 000	6 366 000
Total Current Debt	1 696 000	2 621 000	1 359 000	7 051 000
Total Equity and Debt	47 208 000	47 118 000	45 368 000	44 577 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,12 %	14,49 %	17,32 %	10,89 %
Debt-to-Equity Ratio	1,62	1,95	2,17	2,27
Operating Profit Margin	71,95 %	62,6 %	63,67 %	48,36 %
Current Ratio	2,81	1,79	0,63	0,02
Quick Ratio	2,81	1,79	0,63	0,02
Equity Ratio	0,37	0,32	0,31	0,26
Gross Profit Margin	100 %	100 %	100 %	100 %