LOFOTEN FISHING AS

8392 SØRVÅGEN

Finances

Share Ownership

Return on Equity

−18,57 %

Current Ratio

1,97

Debt-to-Equity Ratio

−5,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 552 000	509 000	635 000	1 619 000
Net Income	109 000	−411 000	−448 000	−57 000
Total Assets	3 128 000	3 674 000	2 945 000	3 413 000
Total Equity	−587 000	−696 000	−285 000	90 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 552 000	509 000	635 000	1 619 000
Expenditure	1 329 000	999 000	1 139 000	1 553 000
Operating Profit	222 000	−490 000	−505 000	66 000
Financial Income	9 000	0	12 000	6 000
Financial Costs	92 000	33 000	105 000	58 000
Financial Balance	−83 000	−33 000	−93 000	−52 000
Earnings Before Tax	140 000	−522 000	−599 000	14 000
Tax	31 000	−111 000	−150 000	71 000
Net Income	109 000	−411 000	−448 000	−57 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 666 000	2 994 000	2 695 000	2 880 000
Total Current Assets	462 000	680 000	250 000	532 000
Total Assets	3 128 000	3 674 000	2 945 000	3 413 000
Total Retained Equity	−622 000	−731 000	−320 000	55 000
Total Equity	−587 000	−696 000	−285 000	90 000
Total Long-Term Debt	3 480 000	2 305 000	2 550 000	1 338 000
Total Current Debt	235 000	2 065 000	679 000	1 985 000
Total Equity and Debt	3 128 000	3 674 000	2 945 000	3 413 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 548 000	527 000	573 000	1 380 000
Other Income	5 000	−18 000	63 000	239 000
Revenue	1 552 000	509 000	635 000	1 619 000
Cost of Goods Sold	109 000	115 000	−4 000	359 000
Salary Costs	19 000	19 000	56 000	164 000
Depreciation	178 000	291 000	0	129 000
Impairment	0	0	0	0
Expenditure	1 329 000	999 000	1 139 000	1 553 000
Operating Profit	222 000	−490 000	−505 000	66 000
Financial Income	9 000	0	12 000	6 000
Financial Costs	92 000	33 000	105 000	58 000
Financial Balance	−83 000	−33 000	−93 000	−52 000
Dividends	0	0	0	0
Net Income	109 000	−411 000	−448 000	−57 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 218 000	2 475 000	2 005 000	2 005 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	61 000	90 000	87 000	87 000
Total Tangible Assets	2 666 000	2 994 000	2 695 000	2 880 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 666 000	2 994 000	2 695 000	2 880 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	283 000	183 000	77 000	348 000
Total Current Assets	462 000	680 000	250 000	532 000
Total Assets	3 128 000	3 674 000	2 945 000	3 413 000
Total Equity	−587 000	−696 000	−285 000	90 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 480 000	2 305 000	2 550 000	1 338 000
Creditors	30 000	138 000	191 000	82 000
Unpaid Taxes	33 000	5 000	−19 000	34 000
Dividends	0	0	0	0
Other Current Debt	139 000	1 891 000	475 000	1 768 000
Total Current Debt	235 000	2 065 000	679 000	1 985 000
Total Equity and Debt	3 128 000	3 674 000	2 945 000	3 413 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18,57 %	59,05 %	157,19 %	−63,33 %
Debt-to-Equity Ratio	−5,93	−3,31	−8,95	14,87
Operating Profit Margin	14,3 %	−96,27 %	−79,53 %	4,08 %
Current Ratio	1,97	0,33	0,37	0,27
Quick Ratio	1,97	0,33	0,37	0,27
Equity Ratio	−0,19	−0,19	−0,1	0,03
Gross Profit Margin	92,98 %	77,41 %	100,63 %	77,83 %