DESTINATION LOFOTEN AS

8300 SVOLVÆR

Finances

Return on Equity

12,1 %

Current Ratio

1,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 574 000	11 652 000	13 739 000	16 181 000
Net Income	378 000	−80 000	340 000	165 000
Total Assets	8 612 000	6 953 000	4 001 000	3 978 000
Total Equity	3 124 000	2 746 000	2 826 000	2 486 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 574 000	11 652 000	13 739 000	16 181 000
Expenditure	20 200 000	11 745 000	13 420 000	16 026 000
Operating Profit	375 000	−93 000	319 000	155 000
Financial Income	11 000	16 000	30 000	20 000
Financial Costs	8 000	3 000	9 000	11 000
Financial Balance	3 000	13 000	21 000	9 000
Earnings Before Tax	378 000	−80 000	340 000	165 000
Tax	0	0	0	0
Net Income	378 000	−80 000	340 000	165 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	59 000	144 000	240 000	356 000
Total Current Assets	8 553 000	6 809 000	3 761 000	3 622 000
Total Assets	8 612 000	6 953 000	4 001 000	3 978 000
Total Retained Equity	2 537 000	2 159 000	2 239 000	1 899 000
Total Equity	3 124 000	2 746 000	2 826 000	2 486 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 488 000	4 207 000	1 175 000	1 493 000
Total Equity and Debt	8 612 000	6 953 000	4 001 000	3 978 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 743 000	7 920 000	11 065 000	12 666 000
Other Income	10 831 000	3 731 000	2 674 000	3 515 000
Revenue	20 574 000	11 652 000	13 739 000	16 181 000
Cost of Goods Sold	7 925 000	3 234 000	4 981 000	6 695 000
Salary Costs	3 914 000	3 653 000	3 324 000	4 280 000
Depreciation	85 000	95 000	117 000	108 000
Impairment	0	0	0	0
Expenditure	20 200 000	11 745 000	13 420 000	16 026 000
Operating Profit	375 000	−93 000	319 000	155 000
Financial Income	11 000	16 000	30 000	20 000
Financial Costs	8 000	3 000	9 000	11 000
Financial Balance	3 000	13 000	21 000	9 000
Dividends	0	0	0	0
Net Income	378 000	−80 000	340 000	165 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	13 000	74 000	135 000	196 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	9 000	33 000	66 000	122 000
Total Tangible Assets	9 000	33 000	66 000	122 000
Total Fiancial Fixed Assets	38 000	38 000	39 000	39 000
Total Fixed Assets	59 000	144 000	240 000	356 000
Stock	224 000	335 000	513 000	603 000
Total Investments	0	0	0	0
Cash, Bank	3 307 000	5 395 000	2 352 000	1 454 000
Total Current Assets	8 553 000	6 809 000	3 761 000	3 622 000
Total Assets	8 612 000	6 953 000	4 001 000	3 978 000
Total Equity	3 124 000	2 746 000	2 826 000	2 486 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 559 000	1 583 000	527 000	582 000
Unpaid Taxes	136 000	167 000	149 000	207 000
Dividends	0	0	0	0
Other Current Debt	1 793 000	2 457 000	499 000	704 000
Total Current Debt	5 488 000	4 207 000	1 175 000	1 493 000
Total Equity and Debt	8 612 000	6 953 000	4 001 000	3 978 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,1 %	−2,91 %	12,03 %	6,64 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,82 %	−0,8 %	2,32 %	0,96 %
Current Ratio	1,56	1,62	3,2	2,43
Quick Ratio	1,62	1,76	5,68	4,07
Equity Ratio	0,36	0,39	0,71	0,62
Gross Profit Margin	61,48 %	72,25 %	63,75 %	58,62 %