LOFOTEN TRAFIKKSKOLESENTER AS

8370 LEKNES

Finances

Share Ownership

Return on Equity

27,55 %

Current Ratio

0,84

Debt-to-Equity Ratio

4,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 216 000	5 056 000	4 938 000	4 800 000
Net Income	73 000	81 000	2 000	31 000
Total Assets	2 287 000	2 391 000	1 889 000	1 525 000
Total Equity	265 000	192 000	470 000	468 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 216 000	5 056 000	4 938 000	4 800 000
Expenditure	5 053 000	4 889 000	4 940 000	4 765 000
Operating Profit	163 000	167 000	−2 000	34 000
Financial Income	1 000	4 000	6 000	8 000
Financial Costs	69 000	67 000	1 000	1 000
Financial Balance	−68 000	−63 000	5 000	7 000
Earnings Before Tax	95 000	104 000	3 000	42 000
Tax	22 000	23 000	1 000	11 000
Net Income	73 000	81 000	2 000	31 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 547 000	1 547 000	107 000	141 000
Total Current Assets	740 000	844 000	1 783 000	1 384 000
Total Assets	2 287 000	2 391 000	1 889 000	1 525 000
Total Retained Equity	154 000	81 000	359 000	357 000
Total Equity	265 000	192 000	470 000	468 000
Total Long-Term Debt	1 138 000	1 378 000	8 000	11 000
Total Current Debt	884 000	821 000	1 411 000	1 046 000
Total Equity and Debt	2 287 000	2 391 000	1 889 000	1 525 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 188 000	5 056 000	4 801 000	4 783 000
Other Income	28 000	0	137 000	17 000
Revenue	5 216 000	5 056 000	4 938 000	4 800 000
Cost of Goods Sold	6 000	4 000	3 000	7 000
Salary Costs	3 431 000	3 380 000	3 389 000	3 281 000
Depreciation	240 000	221 000	34 000	28 000
Impairment	0	0	0	0
Expenditure	5 053 000	4 889 000	4 940 000	4 765 000
Operating Profit	163 000	167 000	−2 000	34 000
Financial Income	1 000	4 000	6 000	8 000
Financial Costs	69 000	67 000	1 000	1 000
Financial Balance	−68 000	−63 000	5 000	7 000
Dividends	0	0	0	0
Net Income	73 000	81 000	2 000	31 000

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	1 242 000	1 226 000	76 000	92 000
Fixtures	305 000	321 000	31 000	49 000
Total Tangible Assets	1 547 000	1 547 000	107 000	141 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 547 000	1 547 000	107 000	141 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	433 000	341 000	1 431 000	897 000
Total Current Assets	740 000	844 000	1 783 000	1 384 000
Total Assets	2 287 000	2 391 000	1 889 000	1 525 000
Total Equity	265 000	192 000	470 000	468 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 138 000	1 378 000	8 000	11 000
Creditors	136 000	116 000	94 000	157 000
Unpaid Taxes	96 000	156 000	167 000	153 000
Dividends	0	0	0	0
Other Current Debt	632 000	550 000	1 146 000	729 000
Total Current Debt	884 000	821 000	1 411 000	1 046 000
Total Equity and Debt	2 287 000	2 391 000	1 889 000	1 525 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,55 %	42,19 %	0,43 %	6,62 %
Debt-to-Equity Ratio	4,29	7,18	0,02	0,02
Operating Profit Margin	3,13 %	3,3 %	−0,04 %	0,71 %
Current Ratio	0,84	1,03	1,26	1,32
Quick Ratio	0,84	1,03	1,26	1,32
Equity Ratio	0,12	0,08	0,25	0,31
Gross Profit Margin	99,88 %	99,92 %	99,94 %	99,85 %