LOFOTPRODUKT AS

8370 LEKNES

Finances

Return on Equity

17,9 %

Current Ratio

1,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	655 393 000	585 761 000	598 917 000	619 014 000
Net Income	10 461 000	5 819 000	4 266 000	1 207 000
Total Assets	149 440 000	126 749 000	116 145 000	112 821 000
Total Equity	58 447 000	47 986 000	46 067 000	46 434 000

Income (NOK)	2022	2021	2020	2019
Revenue	655 393 000	585 761 000	598 917 000	619 014 000
Expenditure	642 176 000	577 817 000	594 081 000	617 654 000
Operating Profit	13 218 000	7 943 000	5 870 000	670 000
Financial Income	1 725 000	179 000	141 000	3 292 000
Financial Costs	1 964 000	1 002 000	641 000	2 583 000
Financial Balance	−239 000	−823 000	−500 000	709 000
Earnings Before Tax	12 979 000	7 121 000	5 371 000	1 379 000
Tax	2 518 000	1 302 000	1 104 000	171 000
Net Income	10 461 000	5 819 000	4 266 000	1 207 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 033 000	8 721 000	9 834 000	16 112 000
Total Current Assets	144 407 000	118 028 000	106 311 000	96 709 000
Total Assets	149 440 000	126 749 000	116 145 000	112 821 000
Total Retained Equity	47 368 000	36 907 000	34 988 000	35 355 000
Total Equity	58 447 000	47 986 000	46 067 000	46 434 000
Total Long-Term Debt	212 000	314 000	410 000	0
Total Current Debt	90 781 000	78 449 000	69 668 000	66 387 000
Total Equity and Debt	149 440 000	126 749 000	116 145 000	112 821 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	655 393 000	585 761 000	598 631 000	619 614 000
Other Income	0	0	285 000	−600 000
Revenue	655 393 000	585 761 000	598 917 000	619 014 000
Cost of Goods Sold	587 118 000	516 666 000	533 862 000	564 890 000
Salary Costs	24 593 000	25 666 000	22 159 000	19 801 000
Depreciation	885 000	1 119 000	1 373 000	1 182 000
Impairment	270 000	0	0	0
Expenditure	642 176 000	577 817 000	594 081 000	617 654 000
Operating Profit	13 218 000	7 943 000	5 870 000	670 000
Financial Income	1 725 000	179 000	141 000	3 292 000
Financial Costs	1 964 000	1 002 000	641 000	2 583 000
Financial Balance	−239 000	−823 000	−500 000	709 000
Dividends	0	0	0	0
Net Income	10 461 000	5 819 000	4 266 000	1 207 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	224 000	449 000	673 000
Total Intangible Assets	2 353 000	5 217 000	5 764 000	7 213 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 117 000	1 621 000	2 024 000	2 573 000
Total Tangible Assets	1 117 000	1 927 000	2 431 000	2 573 000
Total Fiancial Fixed Assets	1 563 000	1 577 000	1 640 000	6 327 000
Total Fixed Assets	5 033 000	8 721 000	9 834 000	16 112 000
Stock	3 902 000	3 961 000	3 537 000	2 502 000
Total Investments	0	0	0	0
Cash, Bank	846 000	1 245 000	879 000	14 075 000
Total Current Assets	144 407 000	118 028 000	106 311 000	96 709 000
Total Assets	149 440 000	126 749 000	116 145 000	112 821 000
Total Equity	58 447 000	47 986 000	46 067 000	46 434 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	212 000	314 000	410 000	0
Creditors	74 389 000	65 362 000	58 370 000	50 683 000
Unpaid Taxes	1 903 000	2 071 000	2 148 000	3 683 000
Dividends	0	0	0	0
Other Current Debt	14 488 000	11 016 000	9 150 000	12 021 000
Total Current Debt	90 781 000	78 449 000	69 668 000	66 387 000
Total Equity and Debt	149 440 000	126 749 000	116 145 000	112 821 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,9 %	12,13 %	9,26 %	2,6 %
Debt-to-Equity Ratio	0	0,01	0,01	0
Operating Profit Margin	2,02 %	1,36 %	0,98 %	0,11 %
Current Ratio	1,59	1,5	1,53	1,46
Quick Ratio	1,66	1,58	1,61	1,51
Equity Ratio	0,39	0,38	0,4	0,41
Gross Profit Margin	10,42 %	11,8 %	10,86 %	8,74 %