LKAB NORGE AS

8514 NARVIK

Finances

Share Ownership

Return on Equity

3,17 %

Current Ratio

3,08

Debt-to-Equity Ratio

1,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 138 587 000	1 023 693 000	1 033 181 000	934 885 000
Net Income	36 406 000	53 711 000	60 741 000	47 565 000
Total Assets	3 365 039 000	3 361 048 000	3 265 551 000	3 213 744 000
Total Equity	1 148 208 000	1 111 802 000	1 058 091 000	997 350 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 138 587 000	1 023 693 000	1 033 181 000	934 885 000
Expenditure	1 015 880 000	898 091 000	900 724 000	813 356 000
Operating Profit	122 707 000	125 602 000	132 457 000	121 529 000
Financial Income	8 234 000	2 161 000	6 777 000	2 588 000
Financial Costs	84 129 000	57 758 000	60 288 000	62 113 000
Financial Balance	−75 895 000	−55 597 000	−53 511 000	−59 525 000
Earnings Before Tax	46 812 000	70 005 000	78 946 000	62 004 000
Tax	10 406 000	16 294 000	18 205 000	14 439 000
Net Income	36 406 000	53 711 000	60 741 000	47 565 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 769 146 000	2 774 018 000	2 866 764 000	2 909 621 000
Total Current Assets	595 893 000	587 030 000	398 787 000	304 123 000
Total Assets	3 365 039 000	3 361 048 000	3 265 551 000	3 213 744 000
Total Retained Equity	0	0	0	0
Total Equity	1 148 208 000	1 111 802 000	1 058 091 000	997 350 000
Total Long-Term Debt	2 023 537 000	2 034 878 000	2 053 462 000	2 057 359 000
Total Current Debt	193 294 000	214 368 000	153 998 000	159 035 000
Total Equity and Debt	3 365 039 000	3 361 048 000	3 265 551 000	3 213 744 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 138 587 000	1 023 693 000	1 033 181 000	934 885 000
Revenue	1 138 587 000	1 023 693 000	1 033 181 000	934 885 000
Cost of Goods Sold	0	0	0	0
Salary Costs	195 244 000	166 334 000	157 958 000	151 109 000
Depreciation	177 287 000	190 599 000	190 996 000	217 283 000
Impairment	0	0	0	0
Expenditure	1 015 880 000	898 091 000	900 724 000	813 356 000
Operating Profit	122 707 000	125 602 000	132 457 000	121 529 000
Financial Income	8 234 000	2 161 000	6 777 000	2 588 000
Financial Costs	84 129 000	57 758 000	60 288 000	62 113 000
Financial Balance	−75 895 000	−55 597 000	−53 511 000	−59 525 000
Dividends	0	0	0	0
Net Income	36 406 000	53 711 000	60 741 000	47 565 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 704 821 000	1 736 160 000	1 810 814 000	1 845 757 000
Machinery and Plant Facilities	667 637 000	650 210 000	691 650 000	719 201 000
Fixtures	62 158 000	63 027 000	54 886 000	57 209 000
Total Tangible Assets	2 434 616 000	2 449 397 000	2 557 350 000	2 622 167 000
Total Fiancial Fixed Assets	334 530 000	324 621 000	309 414 000	287 454 000
Total Fixed Assets	2 769 146 000	2 774 018 000	2 866 764 000	2 909 621 000
Stock	77 727 000	69 388 000	67 323 000	52 159 000
Total Investments	0	0	0	0
Cash, Bank	102 080 000	171 133 000	239 963 000	117 813 000
Total Current Assets	595 893 000	587 030 000	398 787 000	304 123 000
Total Assets	3 365 039 000	3 361 048 000	3 265 551 000	3 213 744 000
Total Equity	1 148 208 000	1 111 802 000	1 058 091 000	997 350 000
Short-Term Group Debt	107 102 000	0	0	2 213 000
Total Long-Term Debt	2 023 537 000	2 034 878 000	2 053 462 000	2 057 359 000
Creditors	66 672 000	92 673 000	60 379 000	69 639 000
Unpaid Taxes	9 797 000	8 372 000	3 504 000	6 387 000
Dividends	0	0	0	0
Other Current Debt	0	97 257 000	73 273 000	59 706 000
Total Current Debt	193 294 000	214 368 000	153 998 000	159 035 000
Total Equity and Debt	3 365 039 000	3 361 048 000	3 265 551 000	3 213 744 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,17 %	4,83 %	5,74 %	4,77 %
Debt-to-Equity Ratio	1,76	1,83	1,94	2,06
Operating Profit Margin	10,78 %	12,27 %	12,82 %	13 %
Current Ratio	3,08	2,74	2,59	1,91
Quick Ratio	5,16	4,05	4,6	2,85
Equity Ratio	0,34	0,33	0,32	0,31
Gross Profit Margin	100 %	100 %	100 %	100 %