LOFOTHUS AS

8370 LEKNES

Finances

Share Ownership

Return on Equity

28,32 %

Current Ratio

1,91

Debt-to-Equity Ratio

1,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 949 000	3 629 000	3 221 000	1 138 000
Net Income	637 000	739 000	626 000	227 000
Total Assets	6 471 000	3 967 000	3 509 000	837 000
Total Equity	2 249 000	1 612 000	874 000	248 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 949 000	3 629 000	3 221 000	1 138 000
Expenditure	2 975 000	2 618 000	2 350 000	821 000
Operating Profit	973 000	1 012 000	872 000	316 000
Financial Income	0	0	0	0
Financial Costs	156 000	65 000	70 000	28 000
Financial Balance	−156 000	−65 000	−70 000	−28 000
Earnings Before Tax	817 000	947 000	802 000	288 000
Tax	180 000	208 000	177 000	61 000
Net Income	637 000	739 000	626 000	227 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 864 000	2 137 000	2 042 000	487 000
Total Current Assets	1 607 000	1 830 000	1 467 000	350 000
Total Assets	6 471 000	3 967 000	3 509 000	837 000
Total Retained Equity	2 229 000	1 591 000	853 000	227 000
Total Equity	2 249 000	1 612 000	874 000	248 000
Total Long-Term Debt	3 382 000	1 433 000	1 648 000	441 000
Total Current Debt	840 000	921 000	987 000	148 000
Total Equity and Debt	6 471 000	3 967 000	3 509 000	837 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 656 000	3 435 000	3 235 000	1 014 000
Other Income	293 000	194 000	−14 000	124 000
Revenue	3 949 000	3 629 000	3 221 000	1 138 000
Cost of Goods Sold	307 000	241 000	720 000	194 000
Salary Costs	2 143 000	1 991 000	1 303 000	434 000
Depreciation	172 000	57 000	46 000	27 000
Impairment	0	0	0	0
Expenditure	2 975 000	2 618 000	2 350 000	821 000
Operating Profit	973 000	1 012 000	872 000	316 000
Financial Income	0	0	0	0
Financial Costs	156 000	65 000	70 000	28 000
Financial Balance	−156 000	−65 000	−70 000	−28 000
Dividends	0	0	0	0
Net Income	637 000	739 000	626 000	227 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 092 000	1 600 000	1 600 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	772 000	537 000	442 000	487 000
Total Tangible Assets	4 864 000	2 137 000	2 042 000	487 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 864 000	2 137 000	2 042 000	487 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	851 000	1 698 000	1 156 000	93 000
Total Current Assets	1 607 000	1 830 000	1 467 000	350 000
Total Assets	6 471 000	3 967 000	3 509 000	837 000
Total Equity	2 249 000	1 612 000	874 000	248 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 382 000	1 433 000	1 648 000	441 000
Creditors	29 000	16 000	79 000	19 000
Unpaid Taxes	335 000	318 000	414 000	103 000
Dividends	0	0	0	0
Other Current Debt	312 000	386 000	325 000	−18 000
Total Current Debt	840 000	921 000	987 000	148 000
Total Equity and Debt	6 471 000	3 967 000	3 509 000	837 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,32 %	45,84 %	71,62 %	91,53 %
Debt-to-Equity Ratio	1,5	0,89	1,89	1,78
Operating Profit Margin	24,64 %	27,89 %	27,07 %	27,77 %
Current Ratio	1,91	1,99	1,49	2,36
Quick Ratio	1,91	1,99	1,49	2,36
Equity Ratio	0,35	0,41	0,25	0,3
Gross Profit Margin	92,23 %	93,36 %	77,65 %	82,95 %