LOFOTEN STÅL OG BETONG AS

8300 SVOLVÆR

Finances

Share Ownership

Return on Equity

21,77 %

Current Ratio

1,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 482 000	1 896 000	2 067 000	3 352 000
Net Income	96 000	104 000	48 000	639 000
Total Assets	1 018 000	679 000	1 081 000	1 681 000
Total Equity	441 000	345 000	241 000	693 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 482 000	1 896 000	2 067 000	3 352 000
Expenditure	2 362 000	1 766 000	2 008 000	2 528 000
Operating Profit	120 000	130 000	60 000	825 000
Financial Income	4 000	4 000	4 000	2 000
Financial Costs	0	0	1 000	6 000
Financial Balance	4 000	4 000	3 000	−4 000
Earnings Before Tax	123 000	133 000	63 000	820 000
Tax	27 000	30 000	15 000	180 000
Net Income	96 000	104 000	48 000	639 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 000	16 000	50 000	102 000
Total Current Assets	1 006 000	663 000	1 031 000	1 580 000
Total Assets	1 018 000	679 000	1 081 000	1 681 000
Total Retained Equity	241 000	145 000	41 000	493 000
Total Equity	441 000	345 000	241 000	693 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	577 000	333 000	840 000	988 000
Total Equity and Debt	1 018 000	679 000	1 081 000	1 681 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 342 000	1 726 000	2 358 000	3 062 000
Other Income	140 000	170 000	−290 000	290 000
Revenue	2 482 000	1 896 000	2 067 000	3 352 000
Cost of Goods Sold	50 000	47 000	143 000	26 000
Salary Costs	1 798 000	1 264 000	1 340 000	1 985 000
Depreciation	0	43 000	59 000	59 000
Impairment	0	0	0	0
Expenditure	2 362 000	1 766 000	2 008 000	2 528 000
Operating Profit	120 000	130 000	60 000	825 000
Financial Income	4 000	4 000	4 000	2 000
Financial Costs	0	0	1 000	6 000
Financial Balance	4 000	4 000	3 000	−4 000
Dividends	0	0	500 000	360 000
Net Income	96 000	104 000	48 000	639 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	13 000	16 000	7 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	43 000	102 000
Total Tangible Assets	0	0	43 000	102 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 000	16 000	50 000	102 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	427 000	304 000	296 000	1 010 000
Total Current Assets	1 006 000	663 000	1 031 000	1 580 000
Total Assets	1 018 000	679 000	1 081 000	1 681 000
Total Equity	441 000	345 000	241 000	693 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	19 000	39 000	30 000	5 000
Unpaid Taxes	278 000	61 000	185 000	258 000
Dividends	0	0	500 000	360 000
Other Current Debt	256 000	195 000	103 000	178 000
Total Current Debt	577 000	333 000	840 000	988 000
Total Equity and Debt	1 018 000	679 000	1 081 000	1 681 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,77 %	30,14 %	19,92 %	92,21 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,83 %	6,86 %	2,9 %	24,61 %
Current Ratio	1,74	1,99	1,23	1,6
Quick Ratio	1,74	1,99	1,23	1,6
Equity Ratio	0,43	0,51	0,22	0,41
Gross Profit Margin	97,99 %	97,52 %	93,08 %	99,22 %