LOFOTKRAFT AS

8300 SVOLVÆR

Finances

Return on Equity

6,48 %

Current Ratio

2,07

Debt-to-Equity Ratio

1,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	491 707 000	469 513 000	448 633 000	394 514 000
Net Income	74 400 000	142 997 000	51 387 000	64 124 000
Total Assets	2 864 526 000	2 734 638 000	2 374 412 000	2 152 730 000
Total Equity	1 148 036 000	1 092 205 000	967 710 000	934 075 000

Income (NOK)	2022	2021	2020	2019
Revenue	491 707 000	469 513 000	448 633 000	394 514 000
Expenditure	352 209 000	361 151 000	379 253 000	297 151 000
Operating Profit	139 498 000	108 362 000	69 380 000	97 363 000
Financial Income	−1 745 000	121 271 000	9 612 000	6 750 000
Financial Costs	39 119 000	67 112 000	15 344 000	22 923 000
Financial Balance	−40 864 000	54 159 000	−5 732 000	−16 173 000
Earnings Before Tax	98 634 000	162 521 000	63 648 000	81 190 000
Tax	24 234 000	19 524 000	12 261 000	17 066 000
Net Income	74 400 000	142 997 000	51 387 000	64 124 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 631 543 000	2 488 853 000	2 041 636 000	1 891 621 000
Total Current Assets	232 983 000	245 785 000	332 776 000	261 109 000
Total Assets	2 864 526 000	2 734 638 000	2 374 412 000	2 152 730 000
Total Retained Equity	624 179 000	569 617 000	575 929 000	542 294 000
Total Equity	1 148 036 000	1 092 205 000	967 710 000	934 075 000
Total Long-Term Debt	1 603 954 000	1 436 061 000	1 273 970 000	1 117 763 000
Total Current Debt	112 537 000	206 372 000	132 731 000	100 893 000
Total Equity and Debt	2 864 527 000	2 734 638 000	2 374 411 000	2 152 731 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	281 427 000	242 769 000	234 050 000	229 692 000
Other Income	210 280 000	226 744 000	214 583 000	164 822 000
Revenue	491 707 000	469 513 000	448 633 000	394 514 000
Cost of Goods Sold	79 529 000	107 595 000	110 325 000	81 447 000
Salary Costs	124 886 000	120 885 000	111 638 000	74 366 000
Depreciation	73 902 000	66 731 000	83 409 000	74 843 000
Impairment	0	0	0	0
Expenditure	352 209 000	361 151 000	379 253 000	297 151 000
Operating Profit	139 498 000	108 362 000	69 380 000	97 363 000
Financial Income	−1 745 000	121 271 000	9 612 000	6 750 000
Financial Costs	39 119 000	67 112 000	15 344 000	22 923 000
Financial Balance	−40 864 000	54 159 000	−5 732 000	−16 173 000
Dividends	0	0	0	0
Net Income	74 400 000	142 997 000	51 387 000	64 124 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	13 240 000	845 000	911 000	0
Total Intangible Assets	13 240 000	845 000	911 000	0
Real Eastate	14 995 000	14 278 000	13 209 000	12 677 000
Machinery and Plant Facilities	1 946 856 000	1 928 057 000	1 820 538 000	1 502 484 000
Fixtures	151 288 000	102 646 000	104 374 000	281 370 000
Total Tangible Assets	2 113 139 000	2 044 981 000	1 938 121 000	1 796 531 000
Total Fiancial Fixed Assets	505 164 000	443 027 000	102 604 000	95 090 000
Total Fixed Assets	2 631 543 000	2 488 853 000	2 041 636 000	1 891 621 000
Stock	23 467 000	23 134 000	22 430 000	14 156 000
Total Investments	500 000	0	0	0
Cash, Bank	116 357 000	152 864 000	200 542 000	149 637 000
Total Current Assets	232 983 000	245 785 000	332 776 000	261 109 000
Total Assets	2 864 526 000	2 734 638 000	2 374 412 000	2 152 730 000
Total Equity	1 148 036 000	1 092 205 000	967 710 000	934 075 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 603 954 000	1 436 061 000	1 273 970 000	1 117 763 000
Creditors	48 338 000	38 405 000	47 707 000	39 183 000
Unpaid Taxes	28 593 000	33 242 000	30 238 000	23 411 000
Dividends	0	0	0	0
Other Current Debt	16 106 000	110 982 000	33 347 000	19 764 000
Total Current Debt	112 537 000	206 372 000	132 731 000	100 893 000
Total Equity and Debt	2 864 527 000	2 734 638 000	2 374 411 000	2 152 731 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,48 %	13,09 %	5,31 %	6,86 %
Debt-to-Equity Ratio	1,4	1,31	1,32	1,2
Operating Profit Margin	28,37 %	23,08 %	15,46 %	24,68 %
Current Ratio	2,07	1,19	2,51	2,59
Quick Ratio	2,62	1,34	3,02	3,01
Equity Ratio	0,4	0,4	0,41	0,43
Gross Profit Margin	83,83 %	77,08 %	75,41 %	79,36 %