LOFOTEN INDUSTRI AS

8300 SVOLVÆR

Finances

Return on Equity

46,88 %

Current Ratio

0,44

Debt-to-Equity Ratio

0,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	57 101 000	48 096 000	50 243 000	62 490 000
Net Income	14 075 000	763 000	−4 519 000	−50 000
Total Assets	86 592 000	49 073 000	49 982 000	56 157 000
Total Equity	30 022 000	15 947 000	15 184 000	19 703 000

Income (NOK)	2022	2021	2020	2019
Revenue	57 101 000	48 096 000	50 243 000	62 490 000
Expenditure	42 477 000	47 008 000	54 333 000	61 887 000
Operating Profit	14 624 000	1 088 000	−4 091 000	603 000
Financial Income	178 000	96 000	130 000	155 000
Financial Costs	727 000	421 000	558 000	808 000
Financial Balance	−549 000	−325 000	−428 000	−653 000
Earnings Before Tax	14 075 000	763 000	−4 519 000	−50 000
Tax	0	0	0	0
Net Income	14 075 000	763 000	−4 519 000	−50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	71 429 000	39 113 000	40 871 000	44 269 000
Total Current Assets	15 163 000	9 959 000	9 110 000	11 888 000
Total Assets	86 592 000	49 073 000	49 982 000	56 157 000
Total Retained Equity	29 562 000	15 487 000	14 724 000	19 243 000
Total Equity	30 022 000	15 947 000	15 184 000	19 703 000
Total Long-Term Debt	22 286 000	23 803 000	26 185 000	28 200 000
Total Current Debt	34 285 000	9 323 000	8 613 000	8 254 000
Total Equity and Debt	86 592 000	49 073 000	49 982 000	56 157 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	37 234 000	35 878 000	38 523 000	50 890 000
Other Income	19 867 000	12 218 000	11 719 000	11 600 000
Revenue	57 101 000	48 096 000	50 243 000	62 490 000
Cost of Goods Sold	1 993 000	2 069 000	5 239 000	10 876 000
Salary Costs	29 360 000	30 697 000	34 113 000	36 926 000
Depreciation	2 235 000	3 566 000	3 581 000	3 539 000
Impairment	0	0	0	400 000
Expenditure	42 477 000	47 008 000	54 333 000	61 887 000
Operating Profit	14 624 000	1 088 000	−4 091 000	603 000
Financial Income	178 000	96 000	130 000	155 000
Financial Costs	727 000	421 000	558 000	808 000
Financial Balance	−549 000	−325 000	−428 000	−653 000
Dividends	0	0	0	0
Net Income	14 075 000	763 000	−4 519 000	−50 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	26 532 000	27 038 000	27 630 000
Machinery and Plant Facilities	2 336 000	2 432 000	2 635 000	2 965 000
Fixtures	144 000	213 000	75 000	195 000
Total Tangible Assets	11 770 000	38 970 000	40 758 000	43 141 000
Total Fiancial Fixed Assets	59 659 000	143 000	113 000	1 128 000
Total Fixed Assets	71 429 000	39 113 000	40 871 000	44 269 000
Stock	585 000	609 000	678 000	2 654 000
Total Investments	0	0	0	0
Cash, Bank	9 165 000	6 464 000	2 912 000	3 074 000
Total Current Assets	15 163 000	9 959 000	9 110 000	11 888 000
Total Assets	86 592 000	49 073 000	49 982 000	56 157 000
Total Equity	30 022 000	15 947 000	15 184 000	19 703 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	22 286 000	23 803 000	26 185 000	28 200 000
Creditors	2 556 000	2 331 000	1 022 000	1 867 000
Unpaid Taxes	1 669 000	2 015 000	2 313 000	3 354 000
Dividends	0	0	0	0
Other Current Debt	30 060 000	4 978 000	5 279 000	3 033 000
Total Current Debt	34 285 000	9 323 000	8 613 000	8 254 000
Total Equity and Debt	86 592 000	49 073 000	49 982 000	56 157 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,88 %	4,78 %	−29,76 %	−0,25 %
Debt-to-Equity Ratio	0,74	1,49	1,72	1,43
Operating Profit Margin	25,61 %	2,26 %	−8,14 %	0,96 %
Current Ratio	0,44	1,07	1,06	1,44
Quick Ratio	0,45	1,14	1,15	2,12
Equity Ratio	0,35	0,32	0,3	0,35
Gross Profit Margin	96,51 %	95,7 %	89,57 %	82,6 %