LOFOTEN SEAFOOD AS

8370 LEKNES

Finances

Share Ownership

Return on Equity

34,87 %

Current Ratio

1,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	40 435 000	37 935 000	18 897 000	25 599 000
Net Income	3 728 000	2 324 000	−702 000	256 000
Total Assets	83 141 000	50 665 000	24 933 000	21 904 000
Total Equity	10 692 000	6 964 000	4 640 000	4 667 000

Income (NOK)	2022	2021	2020	2019
Revenue	40 435 000	37 935 000	18 897 000	25 599 000
Expenditure	39 816 000	33 767 000	21 016 000	25 598 000
Operating Profit	619 000	4 168 000	−2 119 000	0
Financial Income	4 546 000	229 000	1 220 000	328 000
Financial Costs	385 000	1 417 000	1 000	−1 000
Financial Balance	4 161 000	−1 188 000	1 219 000	329 000
Earnings Before Tax	4 780 000	2 980 000	−900 000	328 000
Tax	1 052 000	656 000	−198 000	72 000
Net Income	3 728 000	2 324 000	−702 000	256 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 850 000	1 941 000	1 888 000	4 732 000
Total Current Assets	81 292 000	48 724 000	23 045 000	17 172 000
Total Assets	83 141 000	50 665 000	24 933 000	21 904 000
Total Retained Equity	6 052 000	2 324 000	0	256 000
Total Equity	10 692 000	6 964 000	4 640 000	4 667 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	72 449 000	43 701 000	20 293 000	17 236 000
Total Equity and Debt	83 141 000	50 665 000	24 933 000	21 904 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	40 435 000	37 935 000	18 897 000	25 599 000
Other Income	0	0	0	0
Revenue	40 435 000	37 935 000	18 897 000	25 599 000
Cost of Goods Sold	37 432 000	31 429 000	19 584 000	24 251 000
Salary Costs	8 000	9 000	0	0
Depreciation	101 000	99 000	86 000	86 000
Impairment	0	0	0	0
Expenditure	39 816 000	33 767 000	21 016 000	25 598 000
Operating Profit	619 000	4 168 000	−2 119 000	0
Financial Income	4 546 000	229 000	1 220 000	328 000
Financial Costs	385 000	1 417 000	1 000	−1 000
Financial Balance	4 161 000	−1 188 000	1 219 000	329 000
Dividends	0	0	0	0
Net Income	3 728 000	2 324 000	−702 000	256 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 536 000	1 526 000	1 519 000	1 511 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	19 000	30 000	41 000	52 000
Fixtures	295 000	385 000	328 000	403 000
Total Tangible Assets	314 000	415 000	369 000	455 000
Total Fiancial Fixed Assets	0	0	0	2 765 000
Total Fixed Assets	1 850 000	1 941 000	1 888 000	4 732 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	76 548 000	43 445 000	16 510 000	10 387 000
Total Current Assets	81 292 000	48 724 000	23 045 000	17 172 000
Total Assets	83 141 000	50 665 000	24 933 000	21 904 000
Total Equity	10 692 000	6 964 000	4 640 000	4 667 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	163 000	128 000	156 000	140 000
Unpaid Taxes	0	0	0	190 000
Dividends	0	0	0	0
Other Current Debt	71 225 000	42 910 000	20 138 000	16 830 000
Total Current Debt	72 449 000	43 701 000	20 293 000	17 236 000
Total Equity and Debt	83 141 000	50 665 000	24 933 000	21 904 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,87 %	33,37 %	−15,13 %	5,49 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,53 %	10,99 %	−11,21 %	0 %
Current Ratio	1,12	1,11	1,14	1
Quick Ratio	1,12	1,11	1,14	1
Equity Ratio	0,13	0,14	0,19	0,21
Gross Profit Margin	7,43 %	17,15 %	−3,64 %	5,27 %