LOFOTEN BLUE HARVEST AS

8300 SVOLVÆR

Finances

Return on Equity

−178,69 %

Current Ratio

22,49

Debt-to-Equity Ratio

5,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	435 000	546 000	1 822 000	531 000
Net Income	−2 214 000	−3 418 000	−4 661 000	−2 616 000
Total Assets	7 915 000	10 020 000	11 077 000	8 826 000
Total Equity	1 239 000	952 000	370 000	1 031 000

Income (NOK)	2022	2021	2020	2019
Revenue	435 000	546 000	1 822 000	531 000
Expenditure	2 647 000	3 961 000	5 482 000	3 249 000
Operating Profit	−2 213 000	−3 415 000	−3 661 000	−2 717 000
Financial Income	2 000	1 000	6 000	11 000
Financial Costs	3 000	4 000	1 005 000	1 000
Financial Balance	−1 000	−3 000	−999 000	10 000
Earnings Before Tax	−2 214 000	−3 418 000	−4 661 000	−2 708 000
Tax	0	0	0	−91 000
Net Income	−2 214 000	−3 418 000	−4 661 000	−2 616 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 630 000	2 697 000	3 283 000	4 775 000
Total Current Assets	5 285 000	7 323 000	7 795 000	4 051 000
Total Assets	7 915 000	10 020 000	11 077 000	8 826 000
Total Retained Equity	0	0	0	0
Total Equity	1 239 000	952 000	370 000	1 031 000
Total Long-Term Debt	6 441 000	8 791 000	10 041 000	7 433 000
Total Current Debt	235 000	277 000	666 000	362 000
Total Equity and Debt	7 915 000	10 020 000	11 077 000	8 826 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	435 000	540 000	398 000	181 000
Other Income	0	6 000	1 423 000	350 000
Revenue	435 000	546 000	1 822 000	531 000
Cost of Goods Sold	78 000	603 000	901 000	486 000
Salary Costs	717 000	640 000	767 000	695 000
Depreciation	613 000	586 000	577 000	557 000
Impairment	0	0	0	0
Expenditure	2 647 000	3 961 000	5 482 000	3 249 000
Operating Profit	−2 213 000	−3 415 000	−3 661 000	−2 717 000
Financial Income	2 000	1 000	6 000	11 000
Financial Costs	3 000	4 000	1 005 000	1 000
Financial Balance	−1 000	−3 000	−999 000	10 000
Dividends	0	0	0	0
Net Income	−2 214 000	−3 418 000	−4 661 000	−2 616 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 747 000	1 655 000	2 068 000	2 387 000
Total Tangible Assets	2 605 000	2 687 000	3 273 000	3 765 000
Total Fiancial Fixed Assets	25 000	10 000	10 000	1 010 000
Total Fixed Assets	2 630 000	2 697 000	3 283 000	4 775 000
Stock	1 381 000	1 418 000	1 415 000	900 000
Total Investments	0	0	0	0
Cash, Bank	511 000	780 000	317 000	332 000
Total Current Assets	5 285 000	7 323 000	7 795 000	4 051 000
Total Assets	7 915 000	10 020 000	11 077 000	8 826 000
Total Equity	1 239 000	952 000	370 000	1 031 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 441 000	8 791 000	10 041 000	7 433 000
Creditors	16 000	44 000	465 000	159 000
Unpaid Taxes	61 000	63 000	44 000	48 000
Dividends	0	0	0	0
Other Current Debt	159 000	170 000	157 000	154 000
Total Current Debt	235 000	277 000	666 000	362 000
Total Equity and Debt	7 915 000	10 020 000	11 077 000	8 826 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−178,69 %	−359,03 %	−1 259,73 %	−253,73 %
Debt-to-Equity Ratio	5,2	9,23	27,14	7,21
Operating Profit Margin	−508,74 %	−625,46 %	−200,93 %	−511,68 %
Current Ratio	22,49	26,44	11,7	11,19
Quick Ratio	−4,61	−6,42	−10,41	−7,53
Equity Ratio	0,16	0,1	0,03	0,12
Gross Profit Margin	82,07 %	−10,44 %	50,55 %	8,47 %