LOFOTEN SEATRADE AS

8373 BALLSTAD

Finances

Share Ownership

Return on Equity

−0,97 %

Current Ratio

2,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 713 000	8 669 000	11 339 000	7 112 000
Net Income	−7 000	−64 000	145 000	−48 000
Total Assets	1 160 000	1 152 000	917 000	600 000
Total Equity	721 000	828 000	191 000	47 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 713 000	8 669 000	11 339 000	7 112 000
Expenditure	6 706 000	8 725 000	11 162 000	7 154 000
Operating Profit	8 000	−56 000	178 000	−42 000
Financial Income	0	0	0	0
Financial Costs	6 000	2 000	6 000	6 000
Financial Balance	−6 000	−2 000	−6 000	−6 000
Earnings Before Tax	2 000	−58 000	172 000	−48 000
Tax	9 000	6 000	27 000	0
Net Income	−7 000	−64 000	145 000	−48 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 160 000	1 152 000	917 000	600 000
Total Assets	1 160 000	1 152 000	917 000	600 000
Total Retained Equity	21 000	28 000	91 000	−53 000
Total Equity	721 000	828 000	191 000	47 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	439 000	324 000	725 000	554 000
Total Equity and Debt	1 160 000	1 152 000	917 000	600 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 369 000	8 478 000	11 036 000	6 594 000
Other Income	345 000	192 000	303 000	518 000
Revenue	6 713 000	8 669 000	11 339 000	7 112 000
Cost of Goods Sold	5 660 000	7 544 000	10 215 000	5 936 000
Salary Costs	543 000	611 000	569 000	819 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 706 000	8 725 000	11 162 000	7 154 000
Operating Profit	8 000	−56 000	178 000	−42 000
Financial Income	0	0	0	0
Financial Costs	6 000	2 000	6 000	6 000
Financial Balance	−6 000	−2 000	−6 000	−6 000
Dividends	0	0	0	0
Net Income	−7 000	−64 000	145 000	−48 000

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	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	526 000	501 000	110 000	485 000
Total Current Assets	1 160 000	1 152 000	917 000	600 000
Total Assets	1 160 000	1 152 000	917 000	600 000
Total Equity	721 000	828 000	191 000	47 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	236 000	233 000	624 000	180 000
Unpaid Taxes	25 000	29 000	6 000	24 000
Dividends	0	0	0	0
Other Current Debt	169 000	57 000	68 000	349 000
Total Current Debt	439 000	324 000	725 000	554 000
Total Equity and Debt	1 160 000	1 152 000	917 000	600 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,97 %	−7,73 %	75,92 %	−102,13 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,12 %	−0,65 %	1,57 %	−0,59 %
Current Ratio	2,64	3,56	1,26	1,08
Quick Ratio	2,64	3,56	1,26	1,08
Equity Ratio	0,62	0,72	0,21	0,08
Gross Profit Margin	15,69 %	12,98 %	9,91 %	16,54 %