LOFOTEN GAVER OG BRUKSKUNST AS

8370 LEKNES

Finances

Return on Equity

6,43 %

Current Ratio

2,02

Debt-to-Equity Ratio

0,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 850 000	4 271 000	4 188 000	7 276 000
Net Income	68 000	77 000	21 000	397 000
Total Assets	3 822 000	3 889 000	3 771 000	3 729 000
Total Equity	1 058 000	989 000	950 000	933 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 850 000	4 271 000	4 188 000	7 276 000
Expenditure	7 691 000	4 110 000	4 061 000	6 702 000
Operating Profit	159 000	162 000	127 000	575 000
Financial Income	1 000	6 000	−1 000	5 000
Financial Costs	72 000	70 000	99 000	70 000
Financial Balance	−71 000	−64 000	−100 000	−65 000
Earnings Before Tax	88 000	98 000	26 000	509 000
Tax	19 000	22 000	5 000	112 000
Net Income	68 000	77 000	21 000	397 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	177 000	158 000	189 000	113 000
Total Current Assets	3 644 000	3 730 000	3 582 000	3 616 000
Total Assets	3 822 000	3 889 000	3 771 000	3 729 000
Total Retained Equity	947 000	878 000	839 000	822 000
Total Equity	1 058 000	989 000	950 000	933 000
Total Long-Term Debt	964 000	1 095 000	1 350 000	240 000
Total Current Debt	1 800 000	1 804 000	1 471 000	2 556 000
Total Equity and Debt	3 822 000	3 889 000	3 771 000	3 729 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 641 000	4 041 000	4 063 000	7 276 000
Other Income	210 000	230 000	125 000	0
Revenue	7 850 000	4 271 000	4 188 000	7 276 000
Cost of Goods Sold	4 223 000	1 329 000	1 897 000	3 564 000
Salary Costs	1 861 000	1 654 000	1 308 000	1 707 000
Depreciation	16 000	31 000	20 000	23 000
Impairment	0	0	0	0
Expenditure	7 691 000	4 110 000	4 061 000	6 702 000
Operating Profit	159 000	162 000	127 000	575 000
Financial Income	1 000	6 000	−1 000	5 000
Financial Costs	72 000	70 000	99 000	70 000
Financial Balance	−71 000	−64 000	−100 000	−65 000
Dividends	0	0	0	0
Net Income	68 000	77 000	21 000	397 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	166 000	147 000	178 000	102 000
Total Tangible Assets	166 000	147 000	178 000	102 000
Total Fiancial Fixed Assets	11 000	11 000	11 000	11 000
Total Fixed Assets	177 000	158 000	189 000	113 000
Stock	2 709 000	3 444 000	3 053 000	2 862 000
Total Investments	0	0	0	0
Cash, Bank	652 000	140 000	295 000	290 000
Total Current Assets	3 644 000	3 730 000	3 582 000	3 616 000
Total Assets	3 822 000	3 889 000	3 771 000	3 729 000
Total Equity	1 058 000	989 000	950 000	933 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	964 000	1 095 000	1 350 000	240 000
Creditors	533 000	412 000	273 000	258 000
Unpaid Taxes	229 000	238 000	237 000	237 000
Dividends	0	0	0	0
Other Current Debt	1 022 000	1 053 000	771 000	916 000
Total Current Debt	1 800 000	1 804 000	1 471 000	2 556 000
Total Equity and Debt	3 822 000	3 889 000	3 771 000	3 729 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,43 %	7,79 %	2,21 %	42,55 %
Debt-to-Equity Ratio	0,91	1,11	1,42	0,26
Operating Profit Margin	2,03 %	3,79 %	3,03 %	7,9 %
Current Ratio	2,02	2,07	2,44	1,41
Quick Ratio	−4,01	−2,27	−2,26	−11,82
Equity Ratio	0,28	0,25	0,25	0,25
Gross Profit Margin	46,2 %	68,88 %	54,7 %	51,02 %