LOFOTØY AS

8300 SVOLVÆR

Finances

Return on Equity

1,85 %

Current Ratio

1,4

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	877 000	590 000	550 000	446 000
Net Income	108 000	3 194 000	353 000	231 000
Total Assets	11 774 000	11 601 000	8 153 000	6 436 000
Total Equity	5 826 000	5 718 000	2 524 000	2 471 000

Income (NOK)	2022	2021	2020	2019
Revenue	877 000	590 000	550 000	446 000
Expenditure	505 000	317 000	316 000	417 000
Operating Profit	372 000	274 000	234 000	29 000
Financial Income	0	3 119 000	320 000	323 000
Financial Costs	232 000	170 000	190 000	143 000
Financial Balance	−232 000	2 949 000	130 000	180 000
Earnings Before Tax	139 000	3 223 000	365 000	209 000
Tax	31 000	29 000	12 000	−22 000
Net Income	108 000	3 194 000	353 000	231 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 582 000	11 411 000	7 965 000	6 210 000
Total Current Assets	192 000	190 000	188 000	226 000
Total Assets	11 774 000	11 601 000	8 153 000	6 436 000
Total Retained Equity	5 726 000	5 618 000	2 424 000	2 371 000
Total Equity	5 826 000	5 718 000	2 524 000	2 471 000
Total Long-Term Debt	5 811 000	4 888 000	5 097 000	3 676 000
Total Current Debt	137 000	995 000	533 000	289 000
Total Equity and Debt	11 774 000	11 601 000	8 153 000	6 436 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 000	13 000	0	3 000
Other Income	848 000	577 000	550 000	443 000
Revenue	877 000	590 000	550 000	446 000
Cost of Goods Sold	0	0	−86 000	0
Salary Costs	0	39 000	100 000	0
Depreciation	52 000	62 000	49 000	33 000
Impairment	0	0	0	0
Expenditure	505 000	317 000	316 000	417 000
Operating Profit	372 000	274 000	234 000	29 000
Financial Income	0	3 119 000	320 000	323 000
Financial Costs	232 000	170 000	190 000	143 000
Financial Balance	−232 000	2 949 000	130 000	180 000
Dividends	0	0	0	0
Net Income	108 000	3 194 000	353 000	231 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 317 000	11 362 000	7 812 000	6 109 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	35 000	49 000	73 000	21 000
Total Tangible Assets	11 352 000	11 411 000	7 885 000	6 130 000
Total Fiancial Fixed Assets	230 000	0	80 000	80 000
Total Fixed Assets	11 582 000	11 411 000	7 965 000	6 210 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	19 000	30 000	72 000	23 000
Total Current Assets	192 000	190 000	188 000	226 000
Total Assets	11 774 000	11 601 000	8 153 000	6 436 000
Total Equity	5 826 000	5 718 000	2 524 000	2 471 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 811 000	4 888 000	5 097 000	3 676 000
Creditors	23 000	14 000	24 000	4 000
Unpaid Taxes	44 000	39 000	0	0
Dividends	0	0	0	0
Other Current Debt	25 000	895 000	478 000	282 000
Total Current Debt	137 000	995 000	533 000	289 000
Total Equity and Debt	11 774 000	11 601 000	8 153 000	6 436 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,85 %	55,86 %	13,99 %	9,35 %
Debt-to-Equity Ratio	1	0,85	2,02	1,49
Operating Profit Margin	42,42 %	46,44 %	42,55 %	6,5 %
Current Ratio	1,4	0,19	0,35	0,78
Quick Ratio	1,4	0,19	0,35	0,78
Equity Ratio	0,49	0,49	0,31	0,38
Gross Profit Margin	100 %	100 %	115,64 %	100 %