LOFOTEN SURFSENTER AS

8360 BØSTAD

Finances

Share Ownership

Return on Equity

−34,46 %

Current Ratio

0,92

Debt-to-Equity Ratio

3,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 246 000	5 604 000	3 646 000	1 691 000
Net Income	−388 000	494 000	288 000	−4 000
Total Assets	6 455 000	2 268 000	1 336 000	340 000
Total Equity	1 126 000	1 014 000	521 000	233 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 246 000	5 604 000	3 646 000	1 691 000
Expenditure	3 534 000	4 882 000	3 188 000	1 682 000
Operating Profit	−288 000	723 000	458 000	10 000
Financial Income	4 000	8 000	6 000	0
Financial Costs	213 000	98 000	47 000	17 000
Financial Balance	−209 000	−90 000	−41 000	−17 000
Earnings Before Tax	−497 000	633 000	417 000	−7 000
Tax	−109 000	139 000	129 000	−4 000
Net Income	−388 000	494 000	288 000	−4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 473 000	310 000	350 000	95 000
Total Current Assets	981 000	1 958 000	986 000	245 000
Total Assets	6 455 000	2 268 000	1 336 000	340 000
Total Retained Equity	596 000	984 000	491 000	203 000
Total Equity	1 126 000	1 014 000	521 000	233 000
Total Long-Term Debt	4 267 000	306 000	284 000	0
Total Current Debt	1 062 000	948 000	532 000	107 000
Total Equity and Debt	6 455 000	2 268 000	1 336 000	340 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 246 000	5 604 000	3 623 000	1 686 000
Other Income	0	0	24 000	5 000
Revenue	3 246 000	5 604 000	3 646 000	1 691 000
Cost of Goods Sold	916 000	1 308 000	828 000	598 000
Salary Costs	1 317 000	1 884 000	1 329 000	496 000
Depreciation	126 000	46 000	45 000	31 000
Impairment	0	0	0	0
Expenditure	3 534 000	4 882 000	3 188 000	1 682 000
Operating Profit	−288 000	723 000	458 000	10 000
Financial Income	4 000	8 000	6 000	0
Financial Costs	213 000	98 000	47 000	17 000
Financial Balance	−209 000	−90 000	−41 000	−17 000
Dividends	0	0	0	0
Net Income	−388 000	494 000	288 000	−4 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	92 000	0	0	0
Real Eastate	4 614 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	768 000	304 000	350 000	95 000
Total Tangible Assets	5 381 000	304 000	350 000	95 000
Total Fiancial Fixed Assets	0	6 000	0	0
Total Fixed Assets	5 473 000	310 000	350 000	95 000
Stock	1 348 000	1 330 000	499 000	0
Total Investments	0	0	0	0
Cash, Bank	−480 000	179 000	219 000	84 000
Total Current Assets	981 000	1 958 000	986 000	245 000
Total Assets	6 455 000	2 268 000	1 336 000	340 000
Total Equity	1 126 000	1 014 000	521 000	233 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 267 000	306 000	284 000	0
Creditors	507 000	348 000	162 000	34 000
Unpaid Taxes	154 000	166 000	43 000	−42 000
Dividends	0	0	0	0
Other Current Debt	401 000	301 000	246 000	34 000
Total Current Debt	1 062 000	948 000	532 000	107 000
Total Equity and Debt	6 455 000	2 268 000	1 336 000	340 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−34,46 %	48,72 %	55,28 %	−1,72 %
Debt-to-Equity Ratio	3,79	0,3	0,55	0
Operating Profit Margin	−8,87 %	12,9 %	12,56 %	0,59 %
Current Ratio	0,92	2,07	1,85	2,29
Quick Ratio	−3,43	−5,13	29,88	2,29
Equity Ratio	0,17	0,45	0,39	0,69
Gross Profit Margin	71,78 %	76,66 %	77,29 %	64,64 %