LOFOTEN ELTJENESTE AS

8370 LEKNES

Finances

Return on Equity

27,43 %

Current Ratio

3,49

Debt-to-Equity Ratio

0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 618 000	3 272 000	4 425 000	4 357 000
Net Income	401 000	−229 000	365 000	287 000
Total Assets	2 486 000	2 517 000	2 915 000	2 725 000
Total Equity	1 462 000	1 061 000	1 290 000	1 198 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 618 000	3 272 000	4 425 000	4 357 000
Expenditure	3 153 000	3 486 000	3 943 000	3 968 000
Operating Profit	465 000	−212 000	482 000	389 000
Financial Income	4 000	0	0	1 000
Financial Costs	28 000	17 000	7 000	9 000
Financial Balance	−24 000	−17 000	−7 000	−8 000
Earnings Before Tax	441 000	−229 000	475 000	381 000
Tax	40 000	0	111 000	93 000
Net Income	401 000	−229 000	365 000	287 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	465 000	350 000	149 000	210 000
Total Current Assets	2 021 000	2 167 000	2 766 000	2 515 000
Total Assets	2 486 000	2 517 000	2 915 000	2 725 000
Total Retained Equity	1 362 000	961 000	1 190 000	1 098 000
Total Equity	1 462 000	1 061 000	1 290 000	1 198 000
Total Long-Term Debt	445 000	350 000	117 000	159 000
Total Current Debt	579 000	1 106 000	1 508 000	1 368 000
Total Equity and Debt	2 486 000	2 517 000	2 915 000	2 725 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 617 000	3 272 000	4 420 000	4 356 000
Other Income	1 000	1 000	5 000	1 000
Revenue	3 618 000	3 272 000	4 425 000	4 357 000
Cost of Goods Sold	1 346 000	1 256 000	1 370 000	1 482 000
Salary Costs	1 271 000	1 586 000	1 895 000	1 785 000
Depreciation	113 000	77 000	50 000	50 000
Impairment	0	0	0	0
Expenditure	3 153 000	3 486 000	3 943 000	3 968 000
Operating Profit	465 000	−212 000	482 000	389 000
Financial Income	4 000	0	0	1 000
Financial Costs	28 000	17 000	7 000	9 000
Financial Balance	−24 000	−17 000	−7 000	−8 000
Dividends	0	0	250 000	500 000
Net Income	401 000	−229 000	365 000	287 000

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	454 000	339 000	126 000	176 000
Total Tangible Assets	454 000	339 000	126 000	176 000
Total Fiancial Fixed Assets	11 000	11 000	22 000	34 000
Total Fixed Assets	465 000	350 000	149 000	210 000
Stock	90 000	173 000	166 000	191 000
Total Investments	0	0	0	0
Cash, Bank	892 000	1 219 000	950 000	994 000
Total Current Assets	2 021 000	2 167 000	2 766 000	2 515 000
Total Assets	2 486 000	2 517 000	2 915 000	2 725 000
Total Equity	1 462 000	1 061 000	1 290 000	1 198 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	445 000	350 000	117 000	159 000
Creditors	108 000	77 000	336 000	245 000
Unpaid Taxes	197 000	203 000	334 000	192 000
Dividends	0	0	250 000	500 000
Other Current Debt	234 000	825 000	477 000	338 000
Total Current Debt	579 000	1 106 000	1 508 000	1 368 000
Total Equity and Debt	2 486 000	2 517 000	2 915 000	2 725 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,43 %	−21,58 %	28,29 %	23,96 %
Debt-to-Equity Ratio	0,3	0,33	0,09	0,13
Operating Profit Margin	12,85 %	−6,48 %	10,89 %	8,93 %
Current Ratio	3,49	1,96	1,83	1,84
Quick Ratio	4,13	2,32	2,06	2,14
Equity Ratio	0,59	0,42	0,44	0,44
Gross Profit Margin	62,8 %	61,61 %	69,04 %	65,99 %