LOFOTEN INVEST AS

8300 SVOLVÆR

Finances

Share Ownership

Return on Equity

2,95 %

Current Ratio

12,95

Debt-to-Equity Ratio

1,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 000	0	739 000	4 034 000
Net Income	30 000	−2 000	525 000	3 234 000
Total Assets	2 393 000	2 374 000	4 256 000	5 650 000
Total Equity	1 017 000	987 000	3 657 000	3 132 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 000	0	739 000	4 034 000
Expenditure	8 000	8 000	68 000	279 000
Operating Profit	12 000	−8 000	670 000	3 754 000
Financial Income	28 000	7 000	3 000	4 000
Financial Costs	1 000	1 000	0	124 000
Financial Balance	27 000	6 000	3 000	−120 000
Earnings Before Tax	38 000	−3 000	673 000	3 634 000
Tax	8 000	−1 000	148 000	401 000
Net Income	30 000	−2 000	525 000	3 234 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 020 000	1 005 000	0	3 281 000
Total Current Assets	1 373 000	1 369 000	4 256 000	2 369 000
Total Assets	2 393 000	2 374 000	4 256 000	5 650 000
Total Retained Equity	984 000	955 000	957 000	432 000
Total Equity	1 017 000	987 000	3 657 000	3 132 000
Total Long-Term Debt	1 270 000	1 347 000	548 000	850 000
Total Current Debt	106 000	41 000	51 000	1 668 000
Total Equity and Debt	2 393 000	2 374 000	4 256 000	5 650 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	20 000	0	739 000	4 034 000
Revenue	20 000	0	739 000	4 034 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	143 000
Impairment	0	0	0	0
Expenditure	8 000	8 000	68 000	279 000
Operating Profit	12 000	−8 000	670 000	3 754 000
Financial Income	28 000	7 000	3 000	4 000
Financial Costs	1 000	1 000	0	124 000
Financial Balance	27 000	6 000	3 000	−120 000
Dividends	0	0	0	0
Net Income	30 000	−2 000	525 000	3 234 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	3 265 000
Machinery and Plant Facilities	0	0	0	16 000
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	3 281 000
Total Fiancial Fixed Assets	1 020 000	1 005 000	0	0
Total Fixed Assets	1 020 000	1 005 000	0	3 281 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 371 000	1 365 000	2 387 000	2 264 000
Total Current Assets	1 373 000	1 369 000	4 256 000	2 369 000
Total Assets	2 393 000	2 374 000	4 256 000	5 650 000
Total Equity	1 017 000	987 000	3 657 000	3 132 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 270 000	1 347 000	548 000	850 000
Creditors	0	0	1 000	0
Unpaid Taxes	0	0	0	83 000
Dividends	0	0	0	0
Other Current Debt	21 000	41 000	51 000	1 584 000
Total Current Debt	106 000	41 000	51 000	1 668 000
Total Equity and Debt	2 393 000	2 374 000	4 256 000	5 650 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,95 %	−0,2 %	14,36 %	103,26 %
Debt-to-Equity Ratio	1,25	1,36	0,15	0,27
Operating Profit Margin	60 %	-	90,66 %	93,06 %
Current Ratio	12,95	33,39	83,45	1,42
Quick Ratio	12,95	33,39	83,45	1,42
Equity Ratio	0,42	0,42	0,86	0,55
Gross Profit Margin	100 %	-	100 %	100 %