LOTUS AS

4360 VARHAUG

Finances

Share Ownership

Return on Equity

21,77 %

Current Ratio

2,12

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 716 000	8 617 000	7 182 000	4 995 000
Net Income	441 000	793 000	384 000	35 000
Total Assets	4 128 000	3 955 000	3 004 000	1 727 000
Total Equity	2 026 000	1 586 000	793 000	409 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 716 000	8 617 000	7 182 000	4 995 000
Expenditure	8 119 000	7 536 000	6 654 000	4 940 000
Operating Profit	597 000	1 081 000	528 000	57 000
Financial Income	0	0	1 000	0
Financial Costs	24 000	25 000	36 000	15 000
Financial Balance	−24 000	−25 000	−35 000	−15 000
Earnings Before Tax	573 000	1 056 000	493 000	42 000
Tax	132 000	263 000	109 000	7 000
Net Income	441 000	793 000	384 000	35 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	136 000	193 000	251 000	101 000
Total Current Assets	3 992 000	3 762 000	2 753 000	1 626 000
Total Assets	4 128 000	3 955 000	3 004 000	1 727 000
Total Retained Equity	1 996 000	1 556 000	763 000	379 000
Total Equity	2 026 000	1 586 000	793 000	409 000
Total Long-Term Debt	217 000	317 000	418 000	38 000
Total Current Debt	1 884 000	2 052 000	1 794 000	1 280 000
Total Equity and Debt	4 128 000	3 955 000	3 004 000	1 727 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 666 000	8 537 000	7 162 000	4 978 000
Other Income	50 000	80 000	19 000	17 000
Revenue	8 716 000	8 617 000	7 182 000	4 995 000
Cost of Goods Sold	3 970 000	3 762 000	3 240 000	2 447 000
Salary Costs	2 842 000	2 694 000	2 300 000	1 767 000
Depreciation	57 000	58 000	63 000	23 000
Impairment	0	0	0	0
Expenditure	8 119 000	7 536 000	6 654 000	4 940 000
Operating Profit	597 000	1 081 000	528 000	57 000
Financial Income	0	0	1 000	0
Financial Costs	24 000	25 000	36 000	15 000
Financial Balance	−24 000	−25 000	−35 000	−15 000
Dividends	0	0	0	0
Net Income	441 000	793 000	384 000	35 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	61 000	89 000	117 000	0
Total Intangible Assets	61 000	89 000	117 000	27 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	70 000	99 000	129 000	69 000
Total Tangible Assets	70 000	99 000	129 000	69 000
Total Fiancial Fixed Assets	5 000	5 000	5 000	5 000
Total Fixed Assets	136 000	193 000	251 000	101 000
Stock	1 203 000	1 154 000	1 038 000	896 000
Total Investments	0	0	0	0
Cash, Bank	2 469 000	2 141 000	1 637 000	719 000
Total Current Assets	3 992 000	3 762 000	2 753 000	1 626 000
Total Assets	4 128 000	3 955 000	3 004 000	1 727 000
Total Equity	2 026 000	1 586 000	793 000	409 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	217 000	317 000	418 000	38 000
Creditors	432 000	473 000	518 000	335 000
Unpaid Taxes	532 000	503 000	476 000	290 000
Dividends	0	0	0	0
Other Current Debt	788 000	813 000	718 000	655 000
Total Current Debt	1 884 000	2 052 000	1 794 000	1 280 000
Total Equity and Debt	4 128 000	3 955 000	3 004 000	1 727 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,77 %	50 %	48,42 %	8,56 %
Debt-to-Equity Ratio	0,11	0,2	0,53	0,09
Operating Profit Margin	6,85 %	12,54 %	7,35 %	1,14 %
Current Ratio	2,12	1,83	1,53	1,27
Quick Ratio	5,86	4,19	3,64	4,23
Equity Ratio	0,49	0,4	0,26	0,24
Gross Profit Margin	54,45 %	56,34 %	54,89 %	51,01 %