LOFOTKRAFT BREDBÅND AS

8300 SVOLVÆR

Finances

Return on Equity

16,43 %

Current Ratio

0,79

Debt-to-Equity Ratio

1,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	96 869 000	93 369 000	80 191 000	71 177 000
Net Income	14 813 000	16 321 000	11 424 000	8 779 000
Total Assets	250 642 000	254 545 000	255 789 000	201 174 000
Total Equity	90 135 000	81 494 000	69 471 000	62 915 000

Income (NOK)	2022	2021	2020	2019
Revenue	96 869 000	93 369 000	80 191 000	71 177 000
Expenditure	74 475 000	70 406 000	63 915 000	57 446 000
Operating Profit	22 394 000	22 963 000	16 276 000	13 731 000
Financial Income	307 000	110 000	49 000	104 000
Financial Costs	3 690 000	2 139 000	1 674 000	2 575 000
Financial Balance	−3 383 000	−2 029 000	−1 625 000	−2 471 000
Earnings Before Tax	19 012 000	20 935 000	14 652 000	11 260 000
Tax	4 199 000	4 614 000	3 228 000	2 481 000
Net Income	14 813 000	16 321 000	11 424 000	8 779 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	231 856 000	224 560 000	217 527 000	197 137 000
Total Current Assets	18 786 000	29 986 000	38 262 000	4 036 000
Total Assets	250 642 000	254 545 000	255 789 000	201 174 000
Total Retained Equity	41 644 000	40 441 000	28 418 000	29 898 000
Total Equity	90 135 000	81 494 000	69 471 000	62 915 000
Total Long-Term Debt	136 591 000	144 952 000	153 282 000	108 301 000
Total Current Debt	23 916 000	28 099 000	33 036 000	29 958 000
Total Equity and Debt	250 642 000	254 545 000	255 789 000	201 174 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	95 813 000	92 481 000	79 331 000	69 757 000
Other Income	1 056 000	889 000	859 000	1 420 000
Revenue	96 869 000	93 369 000	80 191 000	71 177 000
Cost of Goods Sold	35 624 000	34 144 000	29 025 000	26 456 000
Salary Costs	4 791 000	4 252 000	3 541 000	2 797 000
Depreciation	18 209 000	17 870 000	15 882 000	13 885 000
Impairment	0	0	0	0
Expenditure	74 475 000	70 406 000	63 915 000	57 446 000
Operating Profit	22 394 000	22 963 000	16 276 000	13 731 000
Financial Income	307 000	110 000	49 000	104 000
Financial Costs	3 690 000	2 139 000	1 674 000	2 575 000
Financial Balance	−3 383 000	−2 029 000	−1 625 000	−2 471 000
Dividends	0	0	0	0
Net Income	14 813 000	16 321 000	11 424 000	8 779 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	151 598 000	145 170 000	0	125 979 000
Machinery and Plant Facilities	74 844 000	76 443 000	214 738 000	0
Fixtures	3 033 000	361 000	0	68 165 000
Total Tangible Assets	229 476 000	221 975 000	214 738 000	194 144 000
Total Fiancial Fixed Assets	2 380 000	2 585 000	2 789 000	2 993 000
Total Fixed Assets	231 856 000	224 560 000	217 527 000	197 137 000
Stock	4 867 000	2 982 000	2 986 000	1 694 000
Total Investments	500 000	0	0	0
Cash, Bank	687 000	687 000	687 000	694 000
Total Current Assets	18 786 000	29 986 000	38 262 000	4 036 000
Total Assets	250 642 000	254 545 000	255 789 000	201 174 000
Total Equity	90 135 000	81 494 000	69 471 000	62 915 000
Short-Term Group Debt	10 437 000	8 402 000	15 749 000	14 004 000
Total Long-Term Debt	136 591 000	144 952 000	153 282 000	108 301 000
Creditors	11 277 000	12 477 000	11 644 000	11 978 000
Unpaid Taxes	679 000	622 000	227 000	224 000
Dividends	0	0	0	0
Other Current Debt	1 522 000	3 587 000	4 207 000	3 752 000
Total Current Debt	23 916 000	28 099 000	33 036 000	29 958 000
Total Equity and Debt	250 642 000	254 545 000	255 789 000	201 174 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,43 %	20,03 %	16,44 %	13,95 %
Debt-to-Equity Ratio	1,52	1,78	2,21	1,72
Operating Profit Margin	23,12 %	24,59 %	20,3 %	19,29 %
Current Ratio	0,79	1,07	1,16	0,13
Quick Ratio	0,99	1,19	1,27	0,14
Equity Ratio	0,36	0,32	0,27	0,31
Gross Profit Margin	63,22 %	63,43 %	63,81 %	62,83 %