LORAN AS

6055 GODØYA

Finances

Return on Equity

63,17 %

Current Ratio

3,29

Debt-to-Equity Ratio

3,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	200 990 000	164 639 000	132 872 000	135 180 000
Net Income	47 173 000	2 979 000	−4 862 000	5 967 000
Total Assets	361 727 000	450 659 000	438 265 000	322 875 000
Total Equity	74 672 000	27 498 000	24 520 000	29 382 000

Income (NOK)	2022	2021	2020	2019
Revenue	200 990 000	164 639 000	132 872 000	135 180 000
Expenditure	185 530 000	143 655 000	131 850 000	119 731 000
Operating Profit	15 459 000	20 983 000	1 021 000	15 450 000
Financial Income	44 628 000	221 000	352 000	581 000
Financial Costs	11 169 000	11 460 000	7 145 000	8 225 000
Financial Balance	33 459 000	−11 239 000	−6 793 000	−7 644 000
Earnings Before Tax	48 919 000	9 744 000	−5 771 000	7 805 000
Tax	1 745 000	6 765 000	−909 000	1 838 000
Net Income	47 173 000	2 979 000	−4 862 000	5 967 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	234 421 000	393 765 000	376 915 000	248 309 000
Total Current Assets	127 306 000	56 895 000	61 350 000	74 567 000
Total Assets	361 727 000	450 659 000	438 265 000	322 875 000
Total Retained Equity	69 472 000	22 298 000	19 320 000	24 182 000
Total Equity	74 672 000	27 498 000	24 520 000	29 382 000
Total Long-Term Debt	248 381 000	381 660 000	347 445 000	255 266 000
Total Current Debt	38 674 000	41 500 000	66 300 000	38 227 000
Total Equity and Debt	361 727 000	450 659 000	438 265 000	322 875 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	199 507 000	152 728 000	131 441 000	131 523 000
Other Income	1 483 000	11 911 000	1 431 000	3 657 000
Revenue	200 990 000	164 639 000	132 872 000	135 180 000
Cost of Goods Sold	33 545 000	23 557 000	14 545 000	21 714 000
Salary Costs	76 857 000	63 621 000	57 424 000	53 064 000
Depreciation	19 162 000	16 677 000	15 166 000	13 888 000
Impairment	0	0	0	0
Expenditure	185 530 000	143 655 000	131 850 000	119 731 000
Operating Profit	15 459 000	20 983 000	1 021 000	15 450 000
Financial Income	44 628 000	221 000	352 000	581 000
Financial Costs	11 169 000	11 460 000	7 145 000	8 225 000
Financial Balance	33 459 000	−11 239 000	−6 793 000	−7 644 000
Dividends	0	0	0	0
Net Income	47 173 000	2 979 000	−4 862 000	5 967 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	119 109 000	269 913 000	275 909 000	142 997 000
Real Eastate	13 419 000	12 625 000	967 000	4 645 000
Machinery and Plant Facilities	41 000	50 000	93 000	44 000
Fixtures	1 116 000	866 000	451 000	196 000
Total Tangible Assets	113 525 000	123 296 000	100 644 000	105 093 000
Total Fiancial Fixed Assets	1 788 000	556 000	362 000	218 000
Total Fixed Assets	234 421 000	393 765 000	376 915 000	248 309 000
Stock	23 866 000	34 443 000	30 303 000	10 054 000
Total Investments	0	0	0	0
Cash, Bank	91 226 000	15 102 000	6 724 000	23 655 000
Total Current Assets	127 306 000	56 895 000	61 350 000	74 567 000
Total Assets	361 727 000	450 659 000	438 265 000	322 875 000
Total Equity	74 672 000	27 498 000	24 520 000	29 382 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	248 381 000	381 660 000	347 445 000	255 266 000
Creditors	8 767 000	13 989 000	15 005 000	10 280 000
Unpaid Taxes	13 602 000	12 882 000	5 667 000	10 331 000
Dividends	0	0	0	0
Other Current Debt	13 053 000	11 397 000	3 128 000	16 832 000
Total Current Debt	38 674 000	41 500 000	66 300 000	38 227 000
Total Equity and Debt	361 727 000	450 659 000	438 265 000	322 875 000

Financial indicators	2022	2021	2020	2019
Return on Equity	63,17 %	10,83 %	−19,83 %	20,31 %
Debt-to-Equity Ratio	3,33	13,88	14,17	8,69
Operating Profit Margin	7,69 %	12,74 %	0,77 %	11,43 %
Current Ratio	3,29	1,37	0,93	1,95
Quick Ratio	8,6	8,06	1,7	2,65
Equity Ratio	0,21	0,06	0,06	0,09
Gross Profit Margin	83,31 %	85,69 %	89,05 %	83,94 %