TENK LOFOTEN SA

8370 LEKNES

Finances

Return on Equity

2,81 %

Current Ratio

1,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 400 000	12 290 000	11 753 000	11 959 000
Net Income	73 000	450 000	359 000	−238 000
Total Assets	6 488 000	6 523 000	7 318 000	5 731 000
Total Equity	2 596 000	2 523 000	2 073 000	1 971 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 400 000	12 290 000	11 753 000	11 959 000
Expenditure	11 328 000	11 840 000	11 386 000	12 170 000
Operating Profit	72 000	449 000	367 000	−210 000
Financial Income	2 000	2 000	2 000	2 000
Financial Costs	0	1 000	9 000	30 000
Financial Balance	2 000	1 000	−7 000	−28 000
Earnings Before Tax	73 000	450 000	359 000	−238 000
Tax	0	0	0	0
Net Income	73 000	450 000	359 000	−238 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	325 000	286 000	191 000	539 000
Total Current Assets	6 164 000	6 237 000	7 127 000	5 192 000
Total Assets	6 488 000	6 523 000	7 318 000	5 731 000
Total Retained Equity	2 429 000	2 356 000	1 904 000	1 802 000
Total Equity	2 596 000	2 523 000	2 073 000	1 971 000
Total Long-Term Debt	0	0	0	361 000
Total Current Debt	3 892 000	4 000 000	5 245 000	3 399 000
Total Equity and Debt	6 488 000	6 523 000	7 318 000	5 731 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	612 000	1 534 000	2 189 000	2 331 000
Other Income	10 788 000	10 756 000	9 563 000	9 628 000
Revenue	11 400 000	12 290 000	11 753 000	11 959 000
Cost of Goods Sold	4 546 000	4 827 000	4 519 000	4 839 000
Salary Costs	4 379 000	4 579 000	4 889 000	5 458 000
Depreciation	32 000	65 000	70 000	120 000
Impairment	0	0	0	0
Expenditure	11 328 000	11 840 000	11 386 000	12 170 000
Operating Profit	72 000	449 000	367 000	−210 000
Financial Income	2 000	2 000	2 000	2 000
Financial Costs	0	1 000	9 000	30 000
Financial Balance	2 000	1 000	−7 000	−28 000
Dividends	0	0	0	0
Net Income	73 000	450 000	359 000	−238 000

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	46 000	60 000	125 000	475 000
Total Tangible Assets	46 000	60 000	125 000	475 000
Total Fiancial Fixed Assets	279 000	225 000	66 000	64 000
Total Fixed Assets	325 000	286 000	191 000	539 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 153 000	5 581 000	6 354 000	3 404 000
Total Current Assets	6 164 000	6 237 000	7 127 000	5 192 000
Total Assets	6 488 000	6 523 000	7 318 000	5 731 000
Total Equity	2 596 000	2 523 000	2 073 000	1 971 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	361 000
Creditors	220 000	247 000	281 000	251 000
Unpaid Taxes	209 000	230 000	273 000	300 000
Dividends	0	0	0	0
Other Current Debt	3 463 000	3 523 000	4 690 000	2 849 000
Total Current Debt	3 892 000	4 000 000	5 245 000	3 399 000
Total Equity and Debt	6 488 000	6 523 000	7 318 000	5 731 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,81 %	17,84 %	17,32 %	−12,08 %
Debt-to-Equity Ratio	0	0	0	0,18
Operating Profit Margin	0,63 %	3,65 %	3,12 %	−1,76 %
Current Ratio	1,58	1,56	1,36	1,53
Quick Ratio	1,58	1,56	1,36	1,53
Equity Ratio	0,4	0,39	0,28	0,34
Gross Profit Margin	60,12 %	60,72 %	61,55 %	59,54 %