LOFOTEN SJØPRODUKTER AS

8370 LEKNES

Finances

Return on Equity

41,73 %

Current Ratio

1,62

Debt-to-Equity Ratio

1,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	511 781 000	369 196 000	330 908 000	304 988 000
Net Income	127 204 000	57 043 000	23 800 000	65 211 000
Total Assets	830 382 000	449 775 000	430 956 000	404 640 000
Total Equity	304 839 000	255 790 000	267 057 000	279 034 000

Income (NOK)	2022	2021	2020	2019
Revenue	511 781 000	369 196 000	330 908 000	304 988 000
Expenditure	379 866 000	300 745 000	304 909 000	246 328 000
Operating Profit	166 722 000	72 164 000	28 335 000	80 187 000
Financial Income	1 538 000	3 073 000	3 141 000	5 610 000
Financial Costs	5 483 000	2 970 000	1 813 000	3 470 000
Financial Balance	−3 945 000	103 000	1 328 000	2 140 000
Earnings Before Tax	162 777 000	72 267 000	29 663 000	82 327 000
Tax	35 573 000	15 224 000	5 863 000	17 117 000
Net Income	127 204 000	57 043 000	23 800 000	65 211 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	526 362 000	232 973 000	232 555 000	210 936 000
Total Current Assets	304 020 000	216 802 000	198 401 000	193 704 000
Total Assets	830 382 000	449 775 000	430 956 000	404 640 000
Total Retained Equity	302 797 000	253 748 000	265 015 000	276 992 000
Total Equity	304 839 000	255 790 000	267 057 000	279 034 000
Total Long-Term Debt	338 024 000	56 300 000	60 773 000	65 078 000
Total Current Debt	187 519 000	137 686 000	103 125 000	60 528 000
Total Equity and Debt	830 382 000	449 775 000	430 956 000	404 640 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	509 968 000	369 196 000	330 908 000	304 988 000
Other Income	1 814 000	0	0	0
Revenue	511 781 000	369 196 000	330 908 000	304 988 000
Cost of Goods Sold	235 772 000	167 411 000	182 239 000	134 490 000
Salary Costs	26 489 000	25 574 000	23 090 000	23 201 000
Depreciation	14 653 000	13 023 000	11 651 000	9 869 000
Impairment	0	0	0	0
Expenditure	379 866 000	300 745 000	304 909 000	246 328 000
Operating Profit	166 722 000	72 164 000	28 335 000	80 187 000
Financial Income	1 538 000	3 073 000	3 141 000	5 610 000
Financial Costs	5 483 000	2 970 000	1 813 000	3 470 000
Financial Balance	−3 945 000	103 000	1 328 000	2 140 000
Dividends	0	0	0	0
Net Income	127 204 000	57 043 000	23 800 000	65 211 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	355 437 000	43 237 000	43 237 000	38 052 000
Real Eastate	35 028 000	45 353 000	44 261 000	38 969 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 762 000	4 373 000	5 345 000	5 995 000
Total Tangible Assets	88 432 000	106 398 000	111 136 000	97 446 000
Total Fiancial Fixed Assets	82 493 000	83 338 000	78 182 000	75 438 000
Total Fixed Assets	526 362 000	232 973 000	232 555 000	210 936 000
Stock	189 710 000	149 093 000	152 557 000	148 721 000
Total Investments	0	0	0	0
Cash, Bank	2 368 000	2 372 000	2 019 000	1 812 000
Total Current Assets	304 020 000	216 802 000	198 401 000	193 704 000
Total Assets	830 382 000	449 775 000	430 956 000	404 640 000
Total Equity	304 839 000	255 790 000	267 057 000	279 034 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	338 024 000	56 300 000	60 773 000	65 078 000
Creditors	32 845 000	11 010 000	26 096 000	22 484 000
Unpaid Taxes	2 153 000	1 831 000	1 176 000	1 192 000
Dividends	0	0	0	0
Other Current Debt	116 388 000	74 060 000	16 538 000	4 471 000
Total Current Debt	187 519 000	137 686 000	103 125 000	60 528 000
Total Equity and Debt	830 382 000	449 775 000	430 956 000	404 640 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,73 %	22,3 %	8,91 %	23,37 %
Debt-to-Equity Ratio	1,11	0,22	0,23	0,23
Operating Profit Margin	32,58 %	19,55 %	8,56 %	26,29 %
Current Ratio	1,62	1,57	1,92	3,2
Quick Ratio	−138,76	−19,01	−4,01	−2,2
Equity Ratio	0,37	0,57	0,62	0,69
Gross Profit Margin	53,93 %	54,66 %	44,93 %	55,9 %