LOFOT ENTREPRENØR AS

8370 LEKNES

Finances

Return on Equity

−27,62 %

Current Ratio

1,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	248 055 000	269 011 000	215 720 000	387 275 000
Net Income	−9 492 000	9 366 000	5 983 000	10 552 000
Total Assets	115 805 000	130 217 000	109 394 000	112 759 000
Total Equity	34 364 000	44 486 000	44 511 000	39 156 000

Income (NOK)	2022	2021	2020	2019
Revenue	248 055 000	269 011 000	215 720 000	387 275 000
Expenditure	261 645 000	258 161 000	208 674 000	376 883 000
Operating Profit	−12 583 000	11 054 000	7 432 000	13 895 000
Financial Income	1 519 000	1 321 000	755 000	1 095 000
Financial Costs	1 098 000	363 000	507 000	1 419 000
Financial Balance	421 000	958 000	248 000	−324 000
Earnings Before Tax	−12 162 000	12 012 000	7 680 000	13 571 000
Tax	−2 670 000	2 646 000	1 697 000	3 019 000
Net Income	−9 492 000	9 366 000	5 983 000	10 552 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 856 000	6 296 000	10 188 000	9 714 000
Total Current Assets	108 949 000	123 921 000	99 206 000	103 045 000
Total Assets	115 805 000	130 217 000	109 394 000	112 759 000
Total Retained Equity	33 964 000	44 086 000	44 111 000	38 756 000
Total Equity	34 364 000	44 486 000	44 511 000	39 156 000
Total Long-Term Debt	0	20 083 000	1 805 000	4 121 000
Total Current Debt	81 442 000	65 648 000	63 078 000	69 481 000
Total Equity and Debt	115 805 000	130 217 000	109 394 000	112 759 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	241 121 000	256 067 000	214 066 000	385 010 000
Other Income	6 934 000	12 944 000	1 654 000	2 265 000
Revenue	248 055 000	269 011 000	215 720 000	387 275 000
Cost of Goods Sold	175 386 000	171 492 000	133 829 000	286 276 000
Salary Costs	55 064 000	54 264 000	46 417 000	53 234 000
Depreciation	486 000	1 075 000	1 767 000	1 525 000
Impairment	0	0	0	0
Expenditure	261 645 000	258 161 000	208 674 000	376 883 000
Operating Profit	−12 583 000	11 054 000	7 432 000	13 895 000
Financial Income	1 519 000	1 321 000	755 000	1 095 000
Financial Costs	1 098 000	363 000	507 000	1 419 000
Financial Balance	421 000	958 000	248 000	−324 000
Dividends	0	0	0	0
Net Income	−9 492 000	9 366 000	5 983 000	10 552 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	526 000	0	0	0
Real Eastate	5 148 000	5 148 000	4 950 000	4 950 000
Machinery and Plant Facilities	0	444 000	0	0
Fixtures	1 107 000	629 000	5 162 000	4 688 000
Total Tangible Assets	6 255 000	6 221 000	10 113 000	9 639 000
Total Fiancial Fixed Assets	75 000	75 000	75 000	75 000
Total Fixed Assets	6 856 000	6 296 000	10 188 000	9 714 000
Stock	4 522 000	3 515 000	2 559 000	2 241 000
Total Investments	0	0	32 000	32 000
Cash, Bank	1 158 000	1 549 000	1 011 000	1 046 000
Total Current Assets	108 949 000	123 921 000	99 206 000	103 045 000
Total Assets	115 805 000	130 217 000	109 394 000	112 759 000
Total Equity	34 364 000	44 486 000	44 511 000	39 156 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	20 083 000	1 805 000	4 121 000
Creditors	29 268 000	25 958 000	20 279 000	22 939 000
Unpaid Taxes	4 731 000	7 308 000	8 627 000	3 747 000
Dividends	0	0	0	0
Other Current Debt	30 064 000	24 306 000	16 946 000	18 551 000
Total Current Debt	81 442 000	65 648 000	63 078 000	69 481 000
Total Equity and Debt	115 805 000	130 217 000	109 394 000	112 759 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−27,62 %	21,05 %	13,44 %	26,95 %
Debt-to-Equity Ratio	0	0,45	0,04	0,11
Operating Profit Margin	−5,07 %	4,11 %	3,45 %	3,59 %
Current Ratio	1,34	1,89	1,57	1,48
Quick Ratio	1,42	1,99	1,64	1,53
Equity Ratio	0,3	0,34	0,41	0,35
Gross Profit Margin	29,3 %	36,25 %	37,96 %	26,08 %