XXLOFOTEN AS

8300 SVOLVÆR

Finances

Return on Equity

25,53 %

Current Ratio

7,35

Debt-to-Equity Ratio

0,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 982 000	18 013 000	10 075 000	13 413 000
Net Income	4 240 000	4 369 000	−601 000	1 064 000
Total Assets	25 979 000	22 053 000	17 490 000	13 338 000
Total Equity	16 610 000	12 371 000	8 001 000	3 722 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 982 000	18 013 000	10 075 000	13 413 000
Expenditure	19 166 000	13 296 000	10 242 000	11 865 000
Operating Profit	4 815 000	4 717 000	−167 000	1 548 000
Financial Income	117 000	55 000	8 000	8 000
Financial Costs	317 000	403 000	442 000	492 000
Financial Balance	−200 000	−348 000	−434 000	−484 000
Earnings Before Tax	4 615 000	4 369 000	−601 000	1 064 000
Tax	375 000	0	0	0
Net Income	4 240 000	4 369 000	−601 000	1 064 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 104 000	11 865 000	12 148 000	12 560 000
Total Current Assets	12 875 000	10 188 000	5 342 000	778 000
Total Assets	25 979 000	22 053 000	17 490 000	13 338 000
Total Retained Equity	8 828 000	4 589 000	219 000	940 000
Total Equity	16 610 000	12 371 000	8 001 000	3 722 000
Total Long-Term Debt	7 617 000	7 833 000	8 129 000	8 572 000
Total Current Debt	1 751 000	1 849 000	1 360 000	1 043 000
Total Equity and Debt	25 979 000	22 053 000	17 490 000	13 338 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 982 000	15 632 000	9 319 000	13 413 000
Other Income	0	2 381 000	756 000	0
Revenue	23 982 000	18 013 000	10 075 000	13 413 000
Cost of Goods Sold	10 145 000	6 913 000	1 913 000	3 309 000
Salary Costs	4 446 000	2 987 000	4 050 000	4 427 000
Depreciation	1 039 000	824 000	955 000	1 383 000
Impairment	0	0	0	0
Expenditure	19 166 000	13 296 000	10 242 000	11 865 000
Operating Profit	4 815 000	4 717 000	−167 000	1 548 000
Financial Income	117 000	55 000	8 000	8 000
Financial Costs	317 000	403 000	442 000	492 000
Financial Balance	−200 000	−348 000	−434 000	−484 000
Dividends	0	0	0	0
Net Income	4 240 000	4 369 000	−601 000	1 064 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	97 000	145 000	0	1 000 000
Real Eastate	5 135 000	5 259 000	5 383 000	5 507 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 903 000	523 000	637 000	1 658 000
Total Tangible Assets	9 180 000	8 007 000	8 693 000	9 530 000
Total Fiancial Fixed Assets	3 827 000	3 713 000	3 455 000	2 030 000
Total Fixed Assets	13 104 000	11 865 000	12 148 000	12 560 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 955 000	7 401 000	4 695 000	391 000
Total Current Assets	12 875 000	10 188 000	5 342 000	778 000
Total Assets	25 979 000	22 053 000	17 490 000	13 338 000
Total Equity	16 610 000	12 371 000	8 001 000	3 722 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 617 000	7 833 000	8 129 000	8 572 000
Creditors	479 000	1 017 000	91 000	317 000
Unpaid Taxes	297 000	205 000	342 000	185 000
Dividends	0	0	0	0
Other Current Debt	975 000	626 000	926 000	541 000
Total Current Debt	1 751 000	1 849 000	1 360 000	1 043 000
Total Equity and Debt	25 979 000	22 053 000	17 490 000	13 338 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,53 %	35,32 %	−7,51 %	28,59 %
Debt-to-Equity Ratio	0,46	0,63	1,02	2,3
Operating Profit Margin	20,08 %	26,19 %	−1,66 %	11,54 %
Current Ratio	7,35	5,51	3,93	0,75
Quick Ratio	7,35	5,51	3,93	0,75
Equity Ratio	0,64	0,56	0,46	0,28
Gross Profit Margin	57,7 %	61,62 %	81,01 %	75,33 %