LEX LOFOTEN AS

8300 SVOLVÆR

Finances

Share Ownership

Return on Equity

15,21 %

Current Ratio

1,87

Debt-to-Equity Ratio

1,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	358 000	340 000	340 000	335 000
Net Income	144 000	162 000	147 000	136 000
Total Assets	2 901 000	3 015 000	2 979 000	2 889 000
Total Equity	947 000	953 000	791 000	644 000

Income (NOK)	2022	2021	2020	2019
Revenue	358 000	340 000	340 000	335 000
Expenditure	107 000	79 000	92 000	93 000
Operating Profit	251 000	261 000	247 000	242 000
Financial Income	0	0	0	0
Financial Costs	66 000	53 000	59 000	67 000
Financial Balance	−66 000	−53 000	−59 000	−67 000
Earnings Before Tax	185 000	208 000	188 000	175 000
Tax	41 000	46 000	41 000	38 000
Net Income	144 000	162 000	147 000	136 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 580 000	2 650 000	2 720 000	2 790 000
Total Current Assets	321 000	365 000	259 000	99 000
Total Assets	2 901 000	3 015 000	2 979 000	2 889 000
Total Retained Equity	917 000	923 000	761 000	614 000
Total Equity	947 000	953 000	791 000	644 000
Total Long-Term Debt	1 782 000	1 910 000	2 036 000	2 099 000
Total Current Debt	172 000	153 000	152 000	146 000
Total Equity and Debt	2 901 000	3 015 000	2 979 000	2 889 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	358 000	340 000	340 000	335 000
Revenue	358 000	340 000	340 000	335 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	70 000	70 000	70 000	70 000
Impairment	0	0	0	0
Expenditure	107 000	79 000	92 000	93 000
Operating Profit	251 000	261 000	247 000	242 000
Financial Income	0	0	0	0
Financial Costs	66 000	53 000	59 000	67 000
Financial Balance	−66 000	−53 000	−59 000	−67 000
Dividends	0	0	0	0
Net Income	144 000	162 000	147 000	136 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 580 000	2 650 000	2 720 000	2 790 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 580 000	2 650 000	2 720 000	2 790 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 580 000	2 650 000	2 720 000	2 790 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	321 000	365 000	259 000	99 000
Total Current Assets	321 000	365 000	259 000	99 000
Total Assets	2 901 000	3 015 000	2 979 000	2 889 000
Total Equity	947 000	953 000	791 000	644 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 782 000	1 910 000	2 036 000	2 099 000
Creditors	14 000	0	5 000	0
Unpaid Taxes	86 000	83 000	83 000	82 000
Dividends	0	0	0	0
Other Current Debt	29 000	22 000	22 000	26 000
Total Current Debt	172 000	153 000	152 000	146 000
Total Equity and Debt	2 901 000	3 015 000	2 979 000	2 889 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,21 %	17 %	18,58 %	21,12 %
Debt-to-Equity Ratio	1,88	2	2,57	3,26
Operating Profit Margin	70,11 %	76,76 %	72,65 %	72,24 %
Current Ratio	1,87	2,39	1,7	0,68
Quick Ratio	1,87	2,39	1,7	0,68
Equity Ratio	0,33	0,32	0,27	0,22
Gross Profit Margin	100 %	100 %	100 %	100 %