LOFOTEN PHOTO TOURS AS

8300 SVOLVÆR

Finances

Share Ownership

Return on Equity

32,18 %

Current Ratio

1,64

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	348 000	225 000	215 000	385 000
Net Income	56 000	5 000	−15 000	−3 000
Total Assets	325 000	235 000	243 000	249 000
Total Equity	174 000	118 000	113 000	127 000

Income (NOK)	2022	2021	2020	2019
Revenue	348 000	225 000	215 000	385 000
Expenditure	278 000	221 000	232 000	390 000
Operating Profit	70 000	4 000	−16 000	−5 000
Financial Income	0	3 000	2 000	2 000
Financial Costs	0	0	0	0
Financial Balance	0	3 000	2 000	2 000
Earnings Before Tax	70 000	7 000	−15 000	−3 000
Tax	15 000	1 000	0	0
Net Income	56 000	5 000	−15 000	−3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	79 000	17 000	26 000	34 000
Total Current Assets	246 000	217 000	218 000	216 000
Total Assets	325 000	235 000	243 000	249 000
Total Retained Equity	129 000	74 000	68 000	83 000
Total Equity	174 000	118 000	113 000	127 000
Total Long-Term Debt	1 000	0	0	0
Total Current Debt	150 000	117 000	130 000	122 000
Total Equity and Debt	325 000	235 000	243 000	249 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	347 000	83 000	197 000	385 000
Other Income	2 000	142 000	18 000	0
Revenue	348 000	225 000	215 000	385 000
Cost of Goods Sold	0	14 000	0	32 000
Salary Costs	29 000	15 000	13 000	51 000
Depreciation	8 000	8 000	8 000	7 000
Impairment	0	0	0	0
Expenditure	278 000	221 000	232 000	390 000
Operating Profit	70 000	4 000	−16 000	−5 000
Financial Income	0	3 000	2 000	2 000
Financial Costs	0	0	0	0
Financial Balance	0	3 000	2 000	2 000
Dividends	0	0	0	0
Net Income	56 000	5 000	−15 000	−3 000

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	79 000	17 000	26 000	34 000
Total Tangible Assets	79 000	17 000	26 000	34 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	79 000	17 000	26 000	34 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	89 000	151 000	162 000	141 000
Total Current Assets	246 000	217 000	218 000	216 000
Total Assets	325 000	235 000	243 000	249 000
Total Equity	174 000	118 000	113 000	127 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	0	0
Creditors	44 000	32 000	39 000	22 000
Unpaid Taxes	8 000	2 000	1 000	2 000
Dividends	0	0	0	0
Other Current Debt	84 000	82 000	88 000	98 000
Total Current Debt	150 000	117 000	130 000	122 000
Total Equity and Debt	325 000	235 000	243 000	249 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,18 %	4,24 %	−13,27 %	−2,36 %
Debt-to-Equity Ratio	0,01	0	0	0
Operating Profit Margin	20,11 %	1,78 %	−7,44 %	−1,3 %
Current Ratio	1,64	1,85	1,68	1,77
Quick Ratio	1,64	1,85	1,68	1,77
Equity Ratio	0,54	0,5	0,47	0,51
Gross Profit Margin	100 %	93,78 %	100 %	91,69 %