LOFOT AGRO AS

8370 LEKNES

Finances

Return on Equity

7,16 %

Current Ratio

12,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	308 000	313 000	321 000	272 000
Net Income	82 000	68 000	117 000	46 000
Total Assets	1 232 000	1 147 000	1 152 000	1 001 000
Total Equity	1 145 000	1 063 000	995 000	878 000

Income (NOK)	2022	2021	2020	2019
Revenue	308 000	313 000	321 000	272 000
Expenditure	213 000	229 000	171 000	213 000
Operating Profit	95 000	84 000	150 000	58 000
Financial Income	5 000	0	1 000	1 000
Financial Costs	1 000	0	0	0
Financial Balance	4 000	0	1 000	1 000
Earnings Before Tax	99 000	85 000	150 000	59 000
Tax	18 000	17 000	33 000	13 000
Net Income	82 000	68 000	117 000	46 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	128 000	130 000	144 000	166 000
Total Current Assets	1 104 000	1 017 000	1 008 000	836 000
Total Assets	1 232 000	1 147 000	1 152 000	1 001 000
Total Retained Equity	375 000	293 000	225 000	108 000
Total Equity	1 145 000	1 063 000	995 000	878 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	88 000	84 000	157 000	124 000
Total Equity and Debt	1 232 000	1 147 000	1 152 000	1 001 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	308 000	313 000	321 000	272 000
Other Income	0	0	0	0
Revenue	308 000	313 000	321 000	272 000
Cost of Goods Sold	0	0	7 000	0
Salary Costs	56 000	55 000	52 000	51 000
Depreciation	1 000	15 000	21 000	32 000
Impairment	0	0	0	0
Expenditure	213 000	229 000	171 000	213 000
Operating Profit	95 000	84 000	150 000	58 000
Financial Income	5 000	0	1 000	1 000
Financial Costs	1 000	0	0	0
Financial Balance	4 000	0	1 000	1 000
Dividends	0	0	0	0
Net Income	82 000	68 000	117 000	46 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	98 000	100 000	114 000	134 000
Machinery and Plant Facilities	0	0	0	2 000
Fixtures	0	0	0	0
Total Tangible Assets	98 000	100 000	114 000	136 000
Total Fiancial Fixed Assets	30 000	30 000	30 000	30 000
Total Fixed Assets	128 000	130 000	144 000	166 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	968 000	892 000	901 000	692 000
Total Current Assets	1 104 000	1 017 000	1 008 000	836 000
Total Assets	1 232 000	1 147 000	1 152 000	1 001 000
Total Equity	1 145 000	1 063 000	995 000	878 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	14 000	0	3 000
Unpaid Taxes	65 000	49 000	85 000	70 000
Dividends	0	0	0	0
Other Current Debt	5 000	4 000	39 000	38 000
Total Current Debt	88 000	84 000	157 000	124 000
Total Equity and Debt	1 232 000	1 147 000	1 152 000	1 001 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,16 %	6,4 %	11,76 %	5,24 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	30,84 %	26,84 %	46,73 %	21,32 %
Current Ratio	12,55	12,11	6,42	6,74
Quick Ratio	12,55	12,11	6,42	6,74
Equity Ratio	0,93	0,93	0,86	0,88
Gross Profit Margin	100 %	100 %	97,82 %	100 %