LOFOTEN SERVICES AS

8340 STAMSUND

Finances

Return on Equity

−3,22 %

Current Ratio

71,37

Debt-to-Equity Ratio

2,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	691 000	933 000	987 000	1 214 000
Net Income	−107 000	140 000	−341 000	284 000
Total Assets	13 100 000	13 197 000	13 065 000	13 166 000
Total Equity	3 323 000	3 430 000	3 290 000	3 631 000

Income (NOK)	2022	2021	2020	2019
Revenue	691 000	933 000	987 000	1 214 000
Expenditure	678 000	561 000	1 239 000	654 000
Operating Profit	13 000	372 000	−251 000	559 000
Financial Income	90 000	40 000	40 000	25 000
Financial Costs	240 000	233 000	226 000	220 000
Financial Balance	−150 000	−193 000	−186 000	−195 000
Earnings Before Tax	−137 000	179 000	−438 000	364 000
Tax	−30 000	39 000	−96 000	80 000
Net Income	−107 000	140 000	−341 000	284 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 747 000	8 279 000	8 811 000	9 321 000
Total Current Assets	5 353 000	4 918 000	4 254 000	3 845 000
Total Assets	13 100 000	13 197 000	13 065 000	13 166 000
Total Retained Equity	33 000	140 000	0	284 000
Total Equity	3 323 000	3 430 000	3 290 000	3 631 000
Total Long-Term Debt	9 702 000	9 566 000	9 392 000	9 375 000
Total Current Debt	75 000	202 000	383 000	159 000
Total Equity and Debt	13 100 000	13 197 000	13 065 000	13 166 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	691 000	933 000	987 000	1 214 000
Revenue	691 000	933 000	987 000	1 214 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	532 000	532 000	532 000	503 000
Impairment	0	0	0	0
Expenditure	678 000	561 000	1 239 000	654 000
Operating Profit	13 000	372 000	−251 000	559 000
Financial Income	90 000	40 000	40 000	25 000
Financial Costs	240 000	233 000	226 000	220 000
Financial Balance	−150 000	−193 000	−186 000	−195 000
Dividends	0	0	0	0
Net Income	−107 000	140 000	−341 000	284 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 747 000	8 279 000	8 811 000	9 321 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	7 747 000	8 279 000	8 811 000	9 321 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 747 000	8 279 000	8 811 000	9 321 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 327 000	3 069 000	2 442 000	1 832 000
Total Current Assets	5 353 000	4 918 000	4 254 000	3 845 000
Total Assets	13 100 000	13 197 000	13 065 000	13 166 000
Total Equity	3 323 000	3 430 000	3 290 000	3 631 000
Short-Term Group Debt	0	0	0	49 000
Total Long-Term Debt	9 702 000	9 566 000	9 392 000	9 375 000
Creditors	0	103 000	40 000	111 000
Unpaid Taxes	1 000	0	30 000	0
Dividends	0	0	0	0
Other Current Debt	0	0	200 000	0
Total Current Debt	75 000	202 000	383 000	159 000
Total Equity and Debt	13 100 000	13 197 000	13 065 000	13 166 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,22 %	4,08 %	−10,36 %	7,82 %
Debt-to-Equity Ratio	2,92	2,79	2,85	2,58
Operating Profit Margin	1,88 %	39,87 %	−25,43 %	46,05 %
Current Ratio	71,37	24,35	11,11	24,18
Quick Ratio	71,37	24,35	11,11	24,18
Equity Ratio	0,25	0,26	0,25	0,28
Gross Profit Margin	100 %	100 %	100 %	100 %