LOFOTEIENDOM AS

8370 LEKNES

Finances

Return on Equity

−7,57 %

Current Ratio

4,65

Debt-to-Equity Ratio

3,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 535 000	1 104 000	1 998 000	2 068 000
Net Income	−259 000	−232 000	716 000	28 000
Total Assets	17 158 000	13 787 000	14 071 000	13 805 000
Total Equity	3 421 000	3 680 000	3 912 000	3 195 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 535 000	1 104 000	1 998 000	2 068 000
Expenditure	1 374 000	1 131 000	763 000	1 262 000
Operating Profit	160 000	−27 000	1 234 000	807 000
Financial Income	53 000	1 000	112 000	66 000
Financial Costs	545 000	271 000	428 000	781 000
Financial Balance	−492 000	−270 000	−316 000	−715 000
Earnings Before Tax	−332 000	−297 000	918 000	92 000
Tax	−73 000	−65 000	202 000	64 000
Net Income	−259 000	−232 000	716 000	28 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 107 000	13 534 000	13 193 000	13 527 000
Total Current Assets	1 051 000	253 000	877 000	278 000
Total Assets	17 158 000	13 787 000	14 071 000	13 805 000
Total Retained Equity	1 040 000	1 299 000	1 530 000	814 000
Total Equity	3 421 000	3 680 000	3 912 000	3 195 000
Total Long-Term Debt	13 511 000	9 223 000	9 837 000	10 488 000
Total Current Debt	226 000	884 000	322 000	121 000
Total Equity and Debt	17 158 000	13 787 000	14 071 000	13 805 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 535 000	1 104 000	1 998 000	2 068 000
Other Income	0	0	0	0
Revenue	1 535 000	1 104 000	1 998 000	2 068 000
Cost of Goods Sold	322 000	264 000	−15 000	407 000
Salary Costs	178 000	169 000	130 000	120 000
Depreciation	376 000	328 000	327 000	315 000
Impairment	0	0	0	0
Expenditure	1 374 000	1 131 000	763 000	1 262 000
Operating Profit	160 000	−27 000	1 234 000	807 000
Financial Income	53 000	1 000	112 000	66 000
Financial Costs	545 000	271 000	428 000	781 000
Financial Balance	−492 000	−270 000	−316 000	−715 000
Dividends	0	0	0	0
Net Income	−259 000	−232 000	716 000	28 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	20 000	0	0	0
Real Eastate	14 426 000	11 946 000	11 509 000	11 834 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	46 000	17 000	19 000	22 000
Total Tangible Assets	14 472 000	11 963 000	11 529 000	11 856 000
Total Fiancial Fixed Assets	1 615 000	1 571 000	1 665 000	1 671 000
Total Fixed Assets	16 107 000	13 534 000	13 193 000	13 527 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	938 000	66 000	798 000	154 000
Total Current Assets	1 051 000	253 000	877 000	278 000
Total Assets	17 158 000	13 787 000	14 071 000	13 805 000
Total Equity	3 421 000	3 680 000	3 912 000	3 195 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 511 000	9 223 000	9 837 000	10 488 000
Creditors	24 000	774 000	24 000	42 000
Unpaid Taxes	28 000	35 000	4 000	1 000
Dividends	0	0	0	0
Other Current Debt	174 000	75 000	89 000	33 000
Total Current Debt	226 000	884 000	322 000	121 000
Total Equity and Debt	17 158 000	13 787 000	14 071 000	13 805 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,57 %	−6,3 %	18,3 %	0,88 %
Debt-to-Equity Ratio	3,95	2,51	2,51	3,28
Operating Profit Margin	10,42 %	−2,45 %	61,76 %	39,02 %
Current Ratio	4,65	0,29	2,72	2,3
Quick Ratio	4,65	0,29	2,72	2,3
Equity Ratio	0,2	0,27	0,28	0,23
Gross Profit Margin	79,02 %	76,09 %	100,75 %	80,32 %