LOFOTEN ELEKTRO AS

8300 SVOLVÆR

Finances

Return on Equity

17,02 %

Current Ratio

1,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	106 388 000	128 061 000	104 298 000	90 007 000
Net Income	3 819 000	8 778 000	9 307 000	4 967 000
Total Assets	43 007 000	43 613 000	41 909 000	29 293 000
Total Equity	22 439 000	18 620 000	19 842 000	14 535 000

Income (NOK)	2022	2021	2020	2019
Revenue	106 388 000	128 061 000	104 298 000	90 007 000
Expenditure	104 258 000	119 355 000	92 414 000	83 757 000
Operating Profit	2 130 000	8 706 000	11 884 000	6 249 000
Financial Income	2 276 000	2 074 000	103 000	168 000
Financial Costs	75 000	68 000	36 000	36 000
Financial Balance	2 201 000	2 006 000	67 000	132 000
Earnings Before Tax	4 331 000	10 712 000	11 952 000	6 380 000
Tax	513 000	1 934 000	2 644 000	1 413 000
Net Income	3 819 000	8 778 000	9 307 000	4 967 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 959 000	3 261 000	2 294 000	2 869 000
Total Current Assets	37 048 000	40 351 000	39 615 000	26 423 000
Total Assets	43 007 000	43 613 000	41 909 000	29 293 000
Total Retained Equity	19 604 000	15 785 000	17 007 000	11 700 000
Total Equity	22 439 000	18 620 000	19 842 000	14 535 000
Total Long-Term Debt	0	0	798 000	0
Total Current Debt	20 568 000	24 992 000	21 269 000	14 758 000
Total Equity and Debt	43 007 000	43 613 000	41 909 000	29 293 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	106 353 000	128 061 000	104 223 000	89 979 000
Other Income	35 000	0	75 000	28 000
Revenue	106 388 000	128 061 000	104 298 000	90 007 000
Cost of Goods Sold	39 587 000	52 972 000	39 783 000	23 677 000
Salary Costs	51 147 000	55 277 000	41 632 000	48 656 000
Depreciation	1 348 000	623 000	592 000	569 000
Impairment	0	0	0	0
Expenditure	104 258 000	119 355 000	92 414 000	83 757 000
Operating Profit	2 130 000	8 706 000	11 884 000	6 249 000
Financial Income	2 276 000	2 074 000	103 000	168 000
Financial Costs	75 000	68 000	36 000	36 000
Financial Balance	2 201 000	2 006 000	67 000	132 000
Dividends	0	10 000 000	4 000 000	0
Net Income	3 819 000	8 778 000	9 307 000	4 967 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	19 000	0	0	0
Total Intangible Assets	136 000	25 000	0	431 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 926 000	2 159 000	1 277 000	1 480 000
Total Tangible Assets	4 926 000	2 159 000	1 277 000	1 480 000
Total Fiancial Fixed Assets	897 000	1 077 000	1 017 000	958 000
Total Fixed Assets	5 959 000	3 261 000	2 294 000	2 869 000
Stock	4 351 000	3 733 000	4 183 000	3 094 000
Total Investments	0	0	0	0
Cash, Bank	7 983 000	10 136 000	6 944 000	8 835 000
Total Current Assets	37 048 000	40 351 000	39 615 000	26 423 000
Total Assets	43 007 000	43 613 000	41 909 000	29 293 000
Total Equity	22 439 000	18 620 000	19 842 000	14 535 000
Short-Term Group Debt	0	0	0	44 000
Total Long-Term Debt	0	0	798 000	0
Creditors	5 900 000	5 789 000	7 596 000	2 760 000
Unpaid Taxes	5 482 000	4 583 000	5 037 000	4 533 000
Dividends	0	10 000 000	4 000 000	0
Other Current Debt	8 581 000	6 864 000	7 222 000	5 494 000
Total Current Debt	20 568 000	24 992 000	21 269 000	14 758 000
Total Equity and Debt	43 007 000	43 613 000	41 909 000	29 293 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,02 %	47,14 %	46,91 %	34,17 %
Debt-to-Equity Ratio	0	0	0,04	0
Operating Profit Margin	2 %	6,8 %	11,39 %	6,94 %
Current Ratio	1,8	1,61	1,86	1,79
Quick Ratio	2,28	1,9	2,32	2,27
Equity Ratio	0,52	0,43	0,47	0,5
Gross Profit Margin	62,79 %	58,64 %	61,86 %	73,69 %