LOFOTEN FRYSERI AS

8384 SUND I LOFOTEN

Finances

Share Ownership

Return on Equity

−15,04 %

Current Ratio

0,2

Debt-to-Equity Ratio

0,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 031 000	532 000	734 000	641 000
Net Income	−829 000	−1 065 000	−1 177 000	−1 040 000
Total Assets	17 932 000	18 970 000	19 646 000	20 756 000
Total Equity	5 513 000	5 256 000	4 712 000	5 228 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 031 000	532 000	734 000	641 000
Expenditure	1 759 000	1 540 000	1 712 000	1 581 000
Operating Profit	−727 000	−1 007 000	−978 000	−940 000
Financial Income	3 000	1 000	2 000	2 000
Financial Costs	339 000	369 000	448 000	395 000
Financial Balance	−336 000	−368 000	−446 000	−393 000
Earnings Before Tax	−1 063 000	−1 375 000	−1 424 000	−1 334 000
Tax	−234 000	−310 000	−247 000	−293 000
Net Income	−829 000	−1 065 000	−1 177 000	−1 040 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 282 000	16 719 000	17 426 000	18 328 000
Total Current Assets	1 651 000	2 252 000	2 220 000	2 429 000
Total Assets	17 932 000	18 970 000	19 646 000	20 756 000
Total Retained Equity	5 483 000	5 226 000	4 682 000	5 198 000
Total Equity	5 513 000	5 256 000	4 712 000	5 228 000
Total Long-Term Debt	4 195 000	4 723 000	5 232 000	5 621 000
Total Current Debt	8 223 000	8 992 000	9 702 000	9 908 000
Total Equity and Debt	17 932 000	18 970 000	19 646 000	20 756 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 031 000	532 000	527 000	641 000
Other Income	0	0	207 000	0
Revenue	1 031 000	532 000	734 000	641 000
Cost of Goods Sold	0	7 000	0	44 000
Salary Costs	0	0	0	0
Depreciation	891 000	902 000	902 000	908 000
Impairment	0	0	0	0
Expenditure	1 759 000	1 540 000	1 712 000	1 581 000
Operating Profit	−727 000	−1 007 000	−978 000	−940 000
Financial Income	3 000	1 000	2 000	2 000
Financial Costs	339 000	369 000	448 000	395 000
Financial Balance	−336 000	−368 000	−446 000	−393 000
Dividends	0	0	0	0
Net Income	−829 000	−1 065 000	−1 177 000	−1 040 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 445 000	6 648 000	6 852 000	7 055 000
Machinery and Plant Facilities	9 810 000	10 050 000	10 516 000	11 177 000
Fixtures	27 000	21 000	58 000	96 000
Total Tangible Assets	16 282 000	16 719 000	17 426 000	18 328 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 282 000	16 719 000	17 426 000	18 328 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	243 000	283 000	130 000	58 000
Total Current Assets	1 651 000	2 252 000	2 220 000	2 429 000
Total Assets	17 932 000	18 970 000	19 646 000	20 756 000
Total Equity	5 513 000	5 256 000	4 712 000	5 228 000
Short-Term Group Debt	8 190 000	8 661 000	9 566 000	8 312 000
Total Long-Term Debt	4 195 000	4 723 000	5 232 000	5 621 000
Creditors	20 000	326 000	104 000	1 586 000
Unpaid Taxes	7 000	0	26 000	0
Dividends	0	0	0	0
Other Current Debt	7 000	5 000	6 000	10 000
Total Current Debt	8 223 000	8 992 000	9 702 000	9 908 000
Total Equity and Debt	17 932 000	18 970 000	19 646 000	20 756 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,04 %	−20,26 %	−24,98 %	−19,89 %
Debt-to-Equity Ratio	0,76	0,9	1,11	1,08
Operating Profit Margin	−70,51 %	−189,29 %	−133,24 %	−146,65 %
Current Ratio	0,2	0,25	0,23	0,25
Quick Ratio	0,2	0,25	0,23	0,25
Equity Ratio	0,31	0,28	0,24	0,25
Gross Profit Margin	100 %	98,68 %	100 %	93,14 %