LOFOTGULL AS

8370 LEKNES

Finances

Share Ownership

Return on Equity

49,26 %

Current Ratio

2,04

Debt-to-Equity Ratio

0,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 938 000	2 739 000	2 532 000	2 400 000
Net Income	232 000	145 000	157 000	−343 000
Total Assets	1 793 000	1 641 000	1 461 000	1 471 000
Total Equity	471 000	239 000	94 000	−63 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 938 000	2 739 000	2 532 000	2 400 000
Expenditure	2 633 000	2 531 000	2 302 000	2 599 000
Operating Profit	304 000	208 000	231 000	−267 000
Financial Income	0	0	0	3 000
Financial Costs	72 000	63 000	74 000	79 000
Financial Balance	−72 000	−63 000	−74 000	−76 000
Earnings Before Tax	232 000	145 000	157 000	−343 000
Tax	0	0	0	0
Net Income	232 000	145 000	157 000	−343 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	3 000	8 000
Total Current Assets	1 793 000	1 641 000	1 458 000	1 462 000
Total Assets	1 793 000	1 641 000	1 461 000	1 471 000
Total Retained Equity	171 000	−61 000	−206 000	−363 000
Total Equity	471 000	239 000	94 000	−63 000
Total Long-Term Debt	443 000	633 000	823 000	918 000
Total Current Debt	879 000	768 000	543 000	615 000
Total Equity and Debt	1 793 000	1 641 000	1 461 000	1 471 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 938 000	2 739 000	2 532 000	2 400 000
Other Income	0	0	0	0
Revenue	2 938 000	2 739 000	2 532 000	2 400 000
Cost of Goods Sold	1 241 000	1 234 000	1 126 000	1 232 000
Salary Costs	783 000	717 000	677 000	800 000
Depreciation	0	3 000	5 000	5 000
Impairment	0	0	0	0
Expenditure	2 633 000	2 531 000	2 302 000	2 599 000
Operating Profit	304 000	208 000	231 000	−267 000
Financial Income	0	0	0	3 000
Financial Costs	72 000	63 000	74 000	79 000
Financial Balance	−72 000	−63 000	−74 000	−76 000
Dividends	0	0	0	0
Net Income	232 000	145 000	157 000	−343 000

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	0	0	3 000	8 000
Total Tangible Assets	0	0	3 000	8 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	3 000	8 000
Stock	1 682 000	1 561 000	1 366 000	1 414 000
Total Investments	0	0	0	0
Cash, Bank	77 000	63 000	73 000	38 000
Total Current Assets	1 793 000	1 641 000	1 458 000	1 462 000
Total Assets	1 793 000	1 641 000	1 461 000	1 471 000
Total Equity	471 000	239 000	94 000	−63 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	443 000	633 000	823 000	918 000
Creditors	258 000	147 000	167 000	91 000
Unpaid Taxes	221 000	205 000	187 000	174 000
Dividends	0	0	0	0
Other Current Debt	172 000	166 000	163 000	182 000
Total Current Debt	879 000	768 000	543 000	615 000
Total Equity and Debt	1 793 000	1 641 000	1 461 000	1 471 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,26 %	60,67 %	167,02 %	544,44 %
Debt-to-Equity Ratio	0,94	2,65	8,76	−14,57
Operating Profit Margin	10,35 %	7,59 %	9,12 %	−11,13 %
Current Ratio	2,04	2,14	2,69	2,38
Quick Ratio	−2,23	−2,07	−1,77	−1,83
Equity Ratio	0,26	0,15	0,06	−0,04
Gross Profit Margin	57,76 %	54,95 %	55,53 %	48,67 %