LOFOTSPORT AS

8370 LEKNES

Finances

Share Ownership

Return on Equity

16,76 %

Current Ratio

4,39

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 819 000	17 842 000	17 722 000	15 214 000
Net Income	1 468 000	1 606 000	2 315 000	2 194 000
Total Assets	11 290 000	11 589 000	11 336 000	9 810 000
Total Equity	8 761 000	8 502 000	8 104 000	7 160 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 819 000	17 842 000	17 722 000	15 214 000
Expenditure	13 931 000	15 782 000	14 740 000	12 392 000
Operating Profit	1 887 000	2 060 000	2 981 000	2 823 000
Financial Income	0	0	1 000	2 000
Financial Costs	5 000	0	15 000	12 000
Financial Balance	−5 000	0	−14 000	−10 000
Earnings Before Tax	1 883 000	2 059 000	2 967 000	2 813 000
Tax	415 000	453 000	653 000	619 000
Net Income	1 468 000	1 606 000	2 315 000	2 194 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	180 000	262 000	348 000	610 000
Total Current Assets	11 110 000	11 327 000	10 988 000	9 199 000
Total Assets	11 290 000	11 589 000	11 336 000	9 810 000
Total Retained Equity	8 656 000	8 397 000	8 000 000	7 055 000
Total Equity	8 761 000	8 502 000	8 104 000	7 160 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 529 000	3 087 000	3 232 000	2 650 000
Total Equity and Debt	11 290 000	11 589 000	11 336 000	9 810 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 819 000	17 842 000	17 722 000	15 214 000
Other Income	0	0	0	0
Revenue	15 819 000	17 842 000	17 722 000	15 214 000
Cost of Goods Sold	9 771 000	11 238 000	10 695 000	8 365 000
Salary Costs	2 090 000	2 203 000	2 090 000	1 695 000
Depreciation	37 000	172 000	263 000	262 000
Impairment	0	0	0	0
Expenditure	13 931 000	15 782 000	14 740 000	12 392 000
Operating Profit	1 887 000	2 060 000	2 981 000	2 823 000
Financial Income	0	0	1 000	2 000
Financial Costs	5 000	0	15 000	12 000
Financial Balance	−5 000	0	−14 000	−10 000
Dividends	1 209 000	1 209 000	1 209 000	0
Net Income	1 468 000	1 606 000	2 315 000	2 194 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	129 000	158 000	165 000	180 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	16 000	32 000	183 000	426 000
Total Tangible Assets	16 000	32 000	183 000	426 000
Total Fiancial Fixed Assets	36 000	72 000	0	5 000
Total Fixed Assets	180 000	262 000	348 000	610 000
Stock	7 587 000	8 750 000	6 966 000	5 620 000
Total Investments	0	0	0	0
Cash, Bank	3 392 000	2 469 000	3 837 000	3 054 000
Total Current Assets	11 110 000	11 327 000	10 988 000	9 199 000
Total Assets	11 290 000	11 589 000	11 336 000	9 810 000
Total Equity	8 761 000	8 502 000	8 104 000	7 160 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 032 000	1 397 000	1 491 000	784 000
Unpaid Taxes	477 000	485 000	384 000	535 000
Dividends	1 209 000	1 209 000	1 209 000	0
Other Current Debt	615 000	738 000	698 000	651 000
Total Current Debt	2 529 000	3 087 000	3 232 000	2 650 000
Total Equity and Debt	11 290 000	11 589 000	11 336 000	9 810 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,76 %	18,89 %	28,57 %	30,64 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,93 %	11,55 %	16,82 %	18,56 %
Current Ratio	4,39	3,67	3,4	3,47
Quick Ratio	−2,2	−2	−2,94	−3,1
Equity Ratio	0,78	0,73	0,71	0,73
Gross Profit Margin	38,23 %	37,01 %	39,65 %	45,02 %