FARGEHANDELEN LOFOTEN AS

8300 SVOLVÆR

Finances

Share Ownership

Return on Equity

1,64 %

Current Ratio

4,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 543 000	11 336 000	10 521 000	8 715 000
Net Income	64 000	763 000	682 000	157 000
Total Assets	5 060 000	5 218 000	4 547 000	3 578 000
Total Equity	3 900 000	3 837 000	3 073 000	2 391 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 543 000	11 336 000	10 521 000	8 715 000
Expenditure	10 470 000	10 357 000	9 642 000	8 513 000
Operating Profit	74 000	979 000	879 000	202 000
Financial Income	9 000	0	0	1 000
Financial Costs	0	0	1 000	1 000
Financial Balance	9 000	0	−1 000	0
Earnings Before Tax	82 000	979 000	878 000	201 000
Tax	18 000	215 000	196 000	44 000
Net Income	64 000	763 000	682 000	157 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	213 000	286 000	297 000	381 000
Total Current Assets	4 847 000	4 932 000	4 250 000	3 197 000
Total Assets	5 060 000	5 218 000	4 547 000	3 578 000
Total Retained Equity	3 600 000	3 537 000	2 773 000	2 091 000
Total Equity	3 900 000	3 837 000	3 073 000	2 391 000
Total Long-Term Debt	0	0	0	6 000
Total Current Debt	1 159 000	1 381 000	1 474 000	1 180 000
Total Equity and Debt	5 060 000	5 218 000	4 547 000	3 578 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 543 000	11 318 000	10 521 000	8 715 000
Other Income	1 000	18 000	0	0
Revenue	10 543 000	11 336 000	10 521 000	8 715 000
Cost of Goods Sold	5 647 000	5 511 000	5 110 000	4 747 000
Salary Costs	3 285 000	3 364 000	3 095 000	2 497 000
Depreciation	90 000	94 000	110 000	109 000
Impairment	0	0	0	0
Expenditure	10 470 000	10 357 000	9 642 000	8 513 000
Operating Profit	74 000	979 000	879 000	202 000
Financial Income	9 000	0	0	1 000
Financial Costs	0	0	1 000	1 000
Financial Balance	9 000	0	−1 000	0
Dividends	0	0	0	0
Net Income	64 000	763 000	682 000	157 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	50 000	34 000	26 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	163 000	252 000	271 000	381 000
Total Tangible Assets	163 000	252 000	271 000	381 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	213 000	286 000	297 000	381 000
Stock	2 111 000	2 009 000	1 628 000	1 587 000
Total Investments	0	0	0	0
Cash, Bank	1 837 000	1 806 000	1 856 000	964 000
Total Current Assets	4 847 000	4 932 000	4 250 000	3 197 000
Total Assets	5 060 000	5 218 000	4 547 000	3 578 000
Total Equity	3 900 000	3 837 000	3 073 000	2 391 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	6 000
Creditors	516 000	263 000	547 000	690 000
Unpaid Taxes	268 000	299 000	172 000	142 000
Dividends	0	0	0	0
Other Current Debt	341 000	596 000	528 000	294 000
Total Current Debt	1 159 000	1 381 000	1 474 000	1 180 000
Total Equity and Debt	5 060 000	5 218 000	4 547 000	3 578 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,64 %	19,89 %	22,19 %	6,57 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,7 %	8,64 %	8,35 %	2,32 %
Current Ratio	4,18	3,57	2,88	2,71
Quick Ratio	−5,09	−7,85	−27,6	−7,86
Equity Ratio	0,77	0,74	0,68	0,67
Gross Profit Margin	46,44 %	51,38 %	51,43 %	45,53 %