LOFTHUS SIDERI AS

5781 LOFTHUS

Finances

Share Ownership

Return on Equity

30,04 %

Current Ratio

1,8

Debt-to-Equity Ratio

0,41

Key figures (NOK)	2022	2021	2020
Revenue	1 736 000	1 753 000	1 070 000
Net Income	353 000	218 000	571 000
Total Assets	2 457 000	1 674 000	955 000
Total Equity	1 175 000	821 000	604 000

Income (NOK)	2022	2021	2020
Revenue	1 736 000	1 753 000	1 070 000
Expenditure	1 241 000	1 460 000	339 000
Operating Profit	495 000	292 000	730 000
Financial Income	1 000	0	0
Financial Costs	41 000	14 000	0
Financial Balance	−40 000	−14 000	0
Earnings Before Tax	454 000	279 000	730 000
Tax	101 000	62 000	159 000
Net Income	353 000	218 000	571 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 024 000	748 000	216 000
Total Current Assets	1 433 000	927 000	739 000
Total Assets	2 457 000	1 674 000	955 000
Total Retained Equity	1 142 000	788 000	571 000
Total Equity	1 175 000	821 000	604 000
Total Long-Term Debt	484 000	528 000	11 000
Total Current Debt	798 000	325 000	341 000
Total Equity and Debt	2 457 000	1 674 000	955 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 729 000	1 736 000	1 070 000
Other Income	7 000	16 000	0
Revenue	1 736 000	1 753 000	1 070 000
Cost of Goods Sold	335 000	725 000	101 000
Salary Costs	154 000	81 000	0
Depreciation	113 000	65 000	12 000
Impairment	0	0	0
Expenditure	1 241 000	1 460 000	339 000
Operating Profit	495 000	292 000	730 000
Financial Income	1 000	0	0
Financial Costs	41 000	14 000	0
Financial Balance	−40 000	−14 000	0
Dividends	0	0	0
Net Income	353 000	218 000	571 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	45 000	0	0
Real Eastate	68 000	72 000	0
Machinery and Plant Facilities	0	0	0
Fixtures	911 000	676 000	216 000
Total Tangible Assets	979 000	748 000	216 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	1 024 000	748 000	216 000
Stock	1 171 000	729 000	459 000
Total Investments	0	0	0
Cash, Bank	111 000	16 000	253 000
Total Current Assets	1 433 000	927 000	739 000
Total Assets	2 457 000	1 674 000	955 000
Total Equity	1 175 000	821 000	604 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	484 000	528 000	11 000
Creditors	488 000	264 000	191 000
Unpaid Taxes	10 000	7 000	0
Dividends	0	0	0
Other Current Debt	216 000	9 000	1 000
Total Current Debt	798 000	325 000	341 000
Total Equity and Debt	2 457 000	1 674 000	955 000

Financial indicators	2022	2021	2020
Return on Equity	30,04 %	26,55 %	94,54 %
Debt-to-Equity Ratio	0,41	0,64	0,02
Operating Profit Margin	28,51 %	16,66 %	68,22 %
Current Ratio	1,8	2,85	2,17
Quick Ratio	−3,84	−2,29	−6,26
Equity Ratio	0,48	0,49	0,63
Gross Profit Margin	80,7 %	58,64 %	90,56 %