LOFOTEN ELEKTRO EIENDOM AS

8300 SVOLVÆR

Finances

Share Ownership

Return on Equity

246,77 %

Current Ratio

1,03

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 858 000	1 173 000	1 151 000	1 086 000
Net Income	1 989 000	408 000	366 000	273 000
Total Assets	3 178 000	6 882 000	7 231 000	6 475 000
Total Equity	806 000	817 000	2 409 000	2 043 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 858 000	1 173 000	1 151 000	1 086 000
Expenditure	319 000	562 000	580 000	561 000
Operating Profit	2 539 000	611 000	572 000	525 000
Financial Income	42 000	8 000	10 000	2 000
Financial Costs	31 000	96 000	113 000	178 000
Financial Balance	11 000	−88 000	−103 000	−176 000
Earnings Before Tax	2 550 000	523 000	469 000	350 000
Tax	561 000	115 000	103 000	77 000
Net Income	1 989 000	408 000	366 000	273 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	850 000	4 946 000	5 297 000	5 160 000
Total Current Assets	2 328 000	1 936 000	1 934 000	1 315 000
Total Assets	3 178 000	6 882 000	7 231 000	6 475 000
Total Retained Equity	0	0	941 000	575 000
Total Equity	806 000	817 000	2 409 000	2 043 000
Total Long-Term Debt	110 000	3 850 000	4 050 000	4 250 000
Total Current Debt	2 262 000	2 215 000	773 000	182 000
Total Equity and Debt	3 178 000	6 882 000	7 231 000	6 475 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 858 000	1 173 000	1 151 000	1 086 000
Revenue	2 858 000	1 173 000	1 151 000	1 086 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	115 000	392 000	452 000	413 000
Impairment	0	0	0	0
Expenditure	319 000	562 000	580 000	561 000
Operating Profit	2 539 000	611 000	572 000	525 000
Financial Income	42 000	8 000	10 000	2 000
Financial Costs	31 000	96 000	113 000	178 000
Financial Balance	11 000	−88 000	−103 000	−176 000
Dividends	2 000 000	2 000 000	0	0
Net Income	1 989 000	408 000	366 000	273 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	249 000	209 000	159 000
Real Eastate	850 000	4 697 000	5 088 000	5 001 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	850 000	4 697 000	5 088 000	5 001 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	850 000	4 946 000	5 297 000	5 160 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 313 000	1 936 000	1 934 000	1 271 000
Total Current Assets	2 328 000	1 936 000	1 934 000	1 315 000
Total Assets	3 178 000	6 882 000	7 231 000	6 475 000
Total Equity	806 000	817 000	2 409 000	2 043 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	110 000	3 850 000	4 050 000	4 250 000
Creditors	41 000	0	510 000	0
Unpaid Taxes	19 000	50 000	100 000	40 000
Dividends	2 000 000	2 000 000	0	0
Other Current Debt	0	9 000	9 000	16 000
Total Current Debt	2 262 000	2 215 000	773 000	182 000
Total Equity and Debt	3 178 000	6 882 000	7 231 000	6 475 000

Financial indicators	2022	2021	2020	2019
Return on Equity	246,77 %	49,94 %	15,19 %	13,36 %
Debt-to-Equity Ratio	0,14	4,71	1,68	2,08
Operating Profit Margin	88,84 %	52,09 %	49,7 %	48,34 %
Current Ratio	1,03	0,87	2,5	7,23
Quick Ratio	1,03	0,87	2,5	7,23
Equity Ratio	0,25	0,12	0,33	0,32
Gross Profit Margin	100 %	100 %	100 %	100 %