LOFOTHAVN AS

8300 SVOLVÆR

Finances

Return on Equity

6,28 %

Current Ratio

5,32

Debt-to-Equity Ratio

4,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 414 000	5 260 000	5 969 000	6 810 000
Net Income	616 000	−455 000	274 000	902 000
Total Assets	52 085 000	53 469 000	55 654 000	57 240 000
Total Equity	9 805 000	9 889 000	10 344 000	10 569 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 414 000	5 260 000	5 969 000	6 810 000
Expenditure	4 309 000	4 444 000	4 342 000	4 357 000
Operating Profit	2 105 000	815 000	1 626 000	2 453 000
Financial Income	43 000	17 000	68 000	23 000
Financial Costs	1 532 000	1 287 000	1 419 000	1 574 000
Financial Balance	−1 489 000	−1 270 000	−1 351 000	−1 551 000
Earnings Before Tax	616 000	−455 000	274 000	902 000
Tax	0	0	0	0
Net Income	616 000	−455 000	274 000	902 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	44 607 000	46 186 000	48 091 000	47 835 000
Total Current Assets	7 478 000	7 283 000	7 564 000	9 406 000
Total Assets	52 085 000	53 469 000	55 654 000	57 240 000
Total Retained Equity	305 000	389 000	844 000	1 069 000
Total Equity	9 805 000	9 889 000	10 344 000	10 569 000
Total Long-Term Debt	40 875 000	42 375 000	43 875 000	44 625 000
Total Current Debt	1 405 000	1 205 000	1 436 000	2 046 000
Total Equity and Debt	52 085 000	53 469 000	55 654 000	57 240 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 327 000	5 260 000	5 969 000	5 953 000
Other Income	87 000	0	0	857 000
Revenue	6 414 000	5 260 000	5 969 000	6 810 000
Cost of Goods Sold	627 000	358 000	639 000	1 102 000
Salary Costs	189 000	195 000	279 000	104 000
Depreciation	1 637 000	1 616 000	1 625 000	1 574 000
Impairment	0	0	0	0
Expenditure	4 309 000	4 444 000	4 342 000	4 357 000
Operating Profit	2 105 000	815 000	1 626 000	2 453 000
Financial Income	43 000	17 000	68 000	23 000
Financial Costs	1 532 000	1 287 000	1 419 000	1 574 000
Financial Balance	−1 489 000	−1 270 000	−1 351 000	−1 551 000
Dividends	700 000	0	300 000	0
Net Income	616 000	−455 000	274 000	902 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	867 000	872 000	739 000	599 000
Real Eastate	43 295 000	44 846 000	46 850 000	46 654 000
Machinery and Plant Facilities	146 000	146 000	146 000	146 000
Fixtures	201 000	203 000	237 000	317 000
Total Tangible Assets	43 642 000	45 195 000	47 233 000	47 117 000
Total Fiancial Fixed Assets	98 000	119 000	119 000	119 000
Total Fixed Assets	44 607 000	46 186 000	48 091 000	47 835 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 728 000	5 227 000	3 652 000	4 734 000
Total Current Assets	7 478 000	7 283 000	7 564 000	9 406 000
Total Assets	52 085 000	53 469 000	55 654 000	57 240 000
Total Equity	9 805 000	9 889 000	10 344 000	10 569 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	40 875 000	42 375 000	43 875 000	44 625 000
Creditors	373 000	936 000	844 000	1 524 000
Unpaid Taxes	135 000	2 000	2 000	52 000
Dividends	700 000	0	300 000	0
Other Current Debt	197 000	267 000	290 000	469 000
Total Current Debt	1 405 000	1 205 000	1 436 000	2 046 000
Total Equity and Debt	52 085 000	53 469 000	55 654 000	57 240 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,28 %	−4,6 %	2,65 %	8,53 %
Debt-to-Equity Ratio	4,17	4,29	4,24	4,22
Operating Profit Margin	32,82 %	15,49 %	27,24 %	36,02 %
Current Ratio	5,32	6,04	5,27	4,6
Quick Ratio	5,32	6,04	5,27	4,6
Equity Ratio	0,19	0,18	0,19	0,18
Gross Profit Margin	90,22 %	93,19 %	89,29 %	83,82 %