LOFOTEN STILLASUTLEIE AS

8360 BØSTAD

Finances

Share Ownership

Return on Equity

52,55 %

Current Ratio

1,35

Debt-to-Equity Ratio

0,54

Key figures (NOK)	2022	2021	2020
Revenue	1 426 000	878 000	569 000
Net Income	464 000	160 000	234 000
Total Assets	1 779 000	1 645 000	834 000
Total Equity	883 000	419 000	259 000

Income (NOK)	2022	2021	2020
Revenue	1 426 000	878 000	569 000
Expenditure	738 000	624 000	269 000
Operating Profit	688 000	254 000	300 000
Financial Income	0	0	0
Financial Costs	90 000	48 000	1 000
Financial Balance	−90 000	−48 000	−1 000
Earnings Before Tax	599 000	206 000	299 000
Tax	134 000	45 000	64 000
Net Income	464 000	160 000	234 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 216 000	1 395 000	597 000
Total Current Assets	563 000	250 000	237 000
Total Assets	1 779 000	1 645 000	834 000
Total Retained Equity	853 000	389 000	234 000
Total Equity	883 000	419 000	259 000
Total Long-Term Debt	478 000	549 000	3 000
Total Current Debt	417 000	678 000	572 000
Total Equity and Debt	1 779 000	1 645 000	834 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 421 000	878 000	569 000
Other Income	5 000	0	0
Revenue	1 426 000	878 000	569 000
Cost of Goods Sold	268 000	170 000	106 000
Salary Costs	0	1 000	0
Depreciation	151 000	146 000	29 000
Impairment	0	0	0
Expenditure	738 000	624 000	269 000
Operating Profit	688 000	254 000	300 000
Financial Income	0	0	0
Financial Costs	90 000	48 000	1 000
Financial Balance	−90 000	−48 000	−1 000
Dividends	0	0	0
Net Income	464 000	160 000	234 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	15 000	15 000	0
Real Eastate	0	0	0
Machinery and Plant Facilities	1 155 000	1 321 000	597 000
Fixtures	46 000	59 000	0
Total Tangible Assets	1 201 000	1 380 000	597 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	1 216 000	1 395 000	597 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	25 000	158 000	48 000
Total Current Assets	563 000	250 000	237 000
Total Assets	1 779 000	1 645 000	834 000
Total Equity	883 000	419 000	259 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	478 000	549 000	3 000
Creditors	175 000	145 000	42 000
Unpaid Taxes	62 000	11 000	0
Dividends	0	0	0
Other Current Debt	36 000	505 000	468 000
Total Current Debt	417 000	678 000	572 000
Total Equity and Debt	1 779 000	1 645 000	834 000

Financial indicators	2022	2021	2020
Return on Equity	52,55 %	38,19 %	90,35 %
Debt-to-Equity Ratio	0,54	1,31	0,01
Operating Profit Margin	48,25 %	28,93 %	52,72 %
Current Ratio	1,35	0,37	0,41
Quick Ratio	1,35	0,37	0,41
Equity Ratio	0,5	0,25	0,31
Gross Profit Margin	81,21 %	80,64 %	81,37 %