LOFOTHAU AS

8360 BØSTAD

Finances

Return on Equity

15,65 %

Current Ratio

0,72

Debt-to-Equity Ratio

1,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 662 000	13 100 000	11 728 000	9 502 000
Net Income	514 000	−2 721 000	444 000	612 000
Total Assets	13 767 000	17 692 000	19 654 000	13 499 000
Total Equity	3 285 000	2 770 000	5 491 000	5 047 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 662 000	13 100 000	11 728 000	9 502 000
Expenditure	14 408 000	14 232 000	10 682 000	8 362 000
Operating Profit	1 254 000	−2 138 000	1 046 000	1 142 000
Financial Income	0	47 000	113 000	53 000
Financial Costs	740 000	821 000	588 000	419 000
Financial Balance	−740 000	−774 000	−475 000	−366 000
Earnings Before Tax	514 000	−2 912 000	571 000	776 000
Tax	0	−191 000	127 000	164 000
Net Income	514 000	−2 721 000	444 000	612 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 815 000	12 822 000	13 967 000	10 010 000
Total Current Assets	3 952 000	4 870 000	5 686 000	3 489 000
Total Assets	13 767 000	17 692 000	19 654 000	13 499 000
Total Retained Equity	3 185 000	2 670 000	5 391 000	4 947 000
Total Equity	3 285 000	2 770 000	5 491 000	5 047 000
Total Long-Term Debt	5 003 000	9 517 000	11 915 000	6 417 000
Total Current Debt	5 479 000	5 404 000	2 248 000	2 035 000
Total Equity and Debt	13 767 000	17 692 000	19 654 000	13 499 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 934 000	12 892 000	10 907 000	9 196 000
Other Income	2 728 000	208 000	821 000	306 000
Revenue	15 662 000	13 100 000	11 728 000	9 502 000
Cost of Goods Sold	3 507 000	2 671 000	1 569 000	92 000
Salary Costs	3 085 000	3 189 000	3 009 000	2 633 000
Depreciation	844 000	1 033 000	1 062 000	994 000
Impairment	0	0	0	0
Expenditure	14 408 000	14 232 000	10 682 000	8 362 000
Operating Profit	1 254 000	−2 138 000	1 046 000	1 142 000
Financial Income	0	47 000	113 000	53 000
Financial Costs	740 000	821 000	588 000	419 000
Financial Balance	−740 000	−774 000	−475 000	−366 000
Dividends	0	0	0	1 000 000
Net Income	514 000	−2 721 000	444 000	612 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 160 000	11 275 000	11 713 000	7 025 000
Machinery and Plant Facilities	163 000	429 000	644 000	819 000
Fixtures	565 000	925 000	1 330 000	1 784 000
Total Tangible Assets	6 888 000	12 629 000	13 686 000	9 628 000
Total Fiancial Fixed Assets	2 927 000	193 000	281 000	382 000
Total Fixed Assets	9 815 000	12 822 000	13 967 000	10 010 000
Stock	2 967 000	3 575 000	4 581 000	2 302 000
Total Investments	0	0	0	0
Cash, Bank	194 000	235 000	312 000	211 000
Total Current Assets	3 952 000	4 870 000	5 686 000	3 489 000
Total Assets	13 767 000	17 692 000	19 654 000	13 499 000
Total Equity	3 285 000	2 770 000	5 491 000	5 047 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 003 000	9 517 000	11 915 000	6 417 000
Creditors	1 515 000	907 000	1 407 000	908 000
Unpaid Taxes	32 000	138 000	175 000	85 000
Dividends	0	0	0	1 000 000
Other Current Debt	1 935 000	1 668 000	565 000	252 000
Total Current Debt	5 479 000	5 404 000	2 248 000	2 035 000
Total Equity and Debt	13 767 000	17 692 000	19 654 000	13 499 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,65 %	−98,23 %	8,09 %	12,13 %
Debt-to-Equity Ratio	1,52	3,44	2,17	1,27
Operating Profit Margin	8,01 %	−16,32 %	8,92 %	12,02 %
Current Ratio	0,72	0,9	2,53	1,71
Quick Ratio	1,57	2,66	−2,44	−13,07
Equity Ratio	0,24	0,16	0,28	0,37
Gross Profit Margin	77,61 %	79,61 %	86,62 %	99,03 %