LOFOTVÆRING II AS

8300 SVOLVÆR

Finances

Share Ownership

Return on Equity

−3,93 %

Current Ratio

2,98

Debt-to-Equity Ratio

7,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 473 000	12 771 000	10 476 000	11 513 000
Net Income	−382 000	−2 712 000	−158 000	11 840 000
Total Assets	91 078 000	149 253 000	167 399 000	168 061 000
Total Equity	9 709 000	54 607 000	59 414 000	59 572 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 473 000	12 771 000	10 476 000	11 513 000
Expenditure	16 669 000	11 545 000	11 247 000	8 389 000
Operating Profit	2 804 000	1 227 000	−771 000	3 124 000
Financial Income	536 000	41 000	22 000	49 000
Financial Costs	3 773 000	2 984 000	2 791 000	2 198 000
Financial Balance	−3 237 000	−2 943 000	−2 769 000	−2 149 000
Earnings Before Tax	−434 000	−1 717 000	−3 540 000	975 000
Tax	−52 000	−314 000	−973 000	217 000
Net Income	−382 000	−2 712 000	−158 000	11 840 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	72 029 000	148 048 000	165 198 000	162 101 000
Total Current Assets	19 050 000	1 205 000	2 201 000	5 959 000
Total Assets	91 078 000	149 253 000	167 399 000	168 061 000
Total Retained Equity	0	53 552 000	56 793 000	56 951 000
Total Equity	9 709 000	54 607 000	59 414 000	59 572 000
Total Long-Term Debt	74 980 000	86 462 000	100 910 000	102 795 000
Total Current Debt	6 389 000	8 184 000	7 075 000	5 694 000
Total Equity and Debt	91 078 000	149 253 000	167 399 000	168 061 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 109 000	12 447 000	10 173 000	11 145 000
Other Income	365 000	325 000	304 000	367 000
Revenue	19 473 000	12 771 000	10 476 000	11 513 000
Cost of Goods Sold	1 198 000	757 000	596 000	240 000
Salary Costs	7 375 000	3 020 000	3 046 000	2 869 000
Depreciation	6 141 000	6 111 000	6 163 000	4 329 000
Impairment	0	0	0	0
Expenditure	16 669 000	11 545 000	11 247 000	8 389 000
Operating Profit	2 804 000	1 227 000	−771 000	3 124 000
Financial Income	536 000	41 000	22 000	49 000
Financial Costs	3 773 000	2 984 000	2 791 000	2 198 000
Financial Balance	−3 237 000	−2 943 000	−2 769 000	−2 149 000
Dividends	0	0	0	0
Net Income	−382 000	−2 712 000	−158 000	11 840 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	32 192 000	106 176 000	111 678 000	114 660 000
Real Eastate	0	0	195 000	195 000
Machinery and Plant Facilities	39 570 000	41 861 000	47 590 000	41 276 000
Fixtures	0	2 000	5 583 000	5 816 000
Total Tangible Assets	39 837 000	41 872 000	53 520 000	47 441 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	72 029 000	148 048 000	165 198 000	162 101 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 710 000	837 000	1 821 000	5 883 000
Total Current Assets	19 050 000	1 205 000	2 201 000	5 959 000
Total Assets	91 078 000	149 253 000	167 399 000	168 061 000
Total Equity	9 709 000	54 607 000	59 414 000	59 572 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	74 980 000	86 462 000	100 910 000	102 795 000
Creditors	0	0	0	0
Unpaid Taxes	2 662 000	1 367 000	1 288 000	708 000
Dividends	0	0	0	0
Other Current Debt	3 186 000	1 957 000	1 145 000	386 000
Total Current Debt	6 389 000	8 184 000	7 075 000	5 694 000
Total Equity and Debt	91 078 000	149 253 000	167 399 000	168 061 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,93 %	−4,97 %	−0,27 %	19,88 %
Debt-to-Equity Ratio	7,72	1,58	1,7	1,73
Operating Profit Margin	14,4 %	9,61 %	−7,36 %	27,13 %
Current Ratio	2,98	0,15	0,31	1,05
Quick Ratio	2,98	0,15	0,31	1,05
Equity Ratio	0,11	0,37	0,35	0,35
Gross Profit Margin	93,85 %	94,07 %	94,31 %	97,92 %