Lovund Tourist A/S

8764 LOVUND

Finances

Return on Equity

−3,46 %

Current Ratio

2,29

Debt-to-Equity Ratio

2,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 386 000	19 104 000	15 730 000	16 688 000
Net Income	−509 000	1 384 000	1 045 000	742 000
Total Assets	58 318 000	45 525 000	36 108 000	34 872 000
Total Equity	14 706 000	15 215 000	14 231 000	13 186 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 386 000	19 104 000	15 730 000	16 688 000
Expenditure	17 785 000	16 975 000	13 797 000	15 295 000
Operating Profit	858 000	2 278 000	1 832 000	1 581 000
Financial Income	107 000	49 000	68 000	117 000
Financial Costs	1 635 000	505 000	570 000	765 000
Financial Balance	−1 528 000	−456 000	−502 000	−648 000
Earnings Before Tax	−670 000	1 822 000	1 330 000	933 000
Tax	−161 000	438 000	285 000	191 000
Net Income	−509 000	1 384 000	1 045 000	742 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	52 691 000	37 970 000	30 084 000	31 093 000
Total Current Assets	5 627 000	7 555 000	6 024 000	3 779 000
Total Assets	58 318 000	45 525 000	36 108 000	34 872 000
Total Retained Equity	8 679 000	9 188 000	8 204 000	7 158 000
Total Equity	14 706 000	15 215 000	14 231 000	13 186 000
Total Long-Term Debt	41 155 000	20 313 000	18 995 000	19 766 000
Total Current Debt	2 457 000	9 996 000	2 882 000	1 921 000
Total Equity and Debt	58 318 000	45 525 000	36 108 000	34 872 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 018 000	8 337 000	7 217 000	7 889 000
Other Income	9 368 000	10 766 000	8 513 000	8 798 000
Revenue	18 386 000	19 104 000	15 730 000	16 688 000
Cost of Goods Sold	4 047 000	2 893 000	2 677 000	3 485 000
Salary Costs	8 458 000	7 433 000	5 847 000	6 724 000
Depreciation	1 597 000	1 528 000	1 855 000	1 870 000
Impairment	0	1 134 000	0	0
Expenditure	17 785 000	16 975 000	13 797 000	15 295 000
Operating Profit	858 000	2 278 000	1 832 000	1 581 000
Financial Income	107 000	49 000	68 000	117 000
Financial Costs	1 635 000	505 000	570 000	765 000
Financial Balance	−1 528 000	−456 000	−502 000	−648 000
Dividends	0	400 000	0	0
Net Income	−509 000	1 384 000	1 045 000	742 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 523 000	1 362 000	1 414 000	1 365 000
Real Eastate	47 830 000	34 477 000	27 611 000	29 015 000
Machinery and Plant Facilities	0	3 000	11 000	18 000
Fixtures	1 640 000	430 000	550 000	196 000
Total Tangible Assets	49 470 000	34 910 000	28 172 000	29 229 000
Total Fiancial Fixed Assets	1 698 000	1 698 000	498 000	498 000
Total Fixed Assets	52 691 000	37 970 000	30 084 000	31 093 000
Stock	877 000	621 000	472 000	572 000
Total Investments	0	0	0	0
Cash, Bank	4 043 000	4 498 000	4 815 000	2 342 000
Total Current Assets	5 627 000	7 555 000	6 024 000	3 779 000
Total Assets	58 318 000	45 525 000	36 108 000	34 872 000
Total Equity	14 706 000	15 215 000	14 231 000	13 186 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	41 155 000	20 313 000	18 995 000	19 766 000
Creditors	502 000	8 052 000	242 000	230 000
Unpaid Taxes	571 000	318 000	318 000	422 000
Dividends	0	400 000	0	0
Other Current Debt	1 384 000	1 240 000	1 988 000	1 146 000
Total Current Debt	2 457 000	9 996 000	2 882 000	1 921 000
Total Equity and Debt	58 318 000	45 525 000	36 108 000	34 872 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,46 %	9,1 %	7,34 %	5,63 %
Debt-to-Equity Ratio	2,8	1,34	1,33	1,5
Operating Profit Margin	4,67 %	11,92 %	11,65 %	9,47 %
Current Ratio	2,29	0,76	2,09	1,97
Quick Ratio	3,56	0,81	2,5	2,8
Equity Ratio	0,25	0,33	0,39	0,38
Gross Profit Margin	77,99 %	84,86 %	82,98 %	79,12 %