LOFOTEN AS

9409 HARSTAD

Finances

Return on Equity

20,91 %

Current Ratio

2,55

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	248 000	235 000	232 000	227 000
Net Income	1 383 000	1 348 000	2 623 000	1 104 000
Total Assets	7 949 000	8 919 000	9 204 000	6 837 000
Total Equity	6 615 000	6 431 000	7 083 000	4 460 000

Income (NOK)	2022	2021	2020	2019
Revenue	248 000	235 000	232 000	227 000
Expenditure	61 000	42 000	44 000	32 000
Operating Profit	187 000	193 000	187 000	195 000
Financial Income	1 257 000	1 218 000	2 533 000	1 003 000
Financial Costs	9 000	21 000	62 000	64 000
Financial Balance	1 248 000	1 197 000	2 471 000	939 000
Earnings Before Tax	1 435 000	1 390 000	2 658 000	1 134 000
Tax	52 000	42 000	35 000	29 000
Net Income	1 383 000	1 348 000	2 623 000	1 104 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 714 000	4 696 000	4 676 000	4 543 000
Total Current Assets	3 235 000	4 223 000	4 528 000	2 294 000
Total Assets	7 949 000	8 919 000	9 204 000	6 837 000
Total Retained Equity	5 615 000	5 431 000	6 083 000	3 460 000
Total Equity	6 615 000	6 431 000	7 083 000	4 460 000
Total Long-Term Debt	63 000	442 000	1 258 000	1 348 000
Total Current Debt	1 271 000	2 045 000	863 000	1 030 000
Total Equity and Debt	7 949 000	8 919 000	9 204 000	6 837 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	248 000	235 000	232 000	227 000
Other Income	0	0	0	0
Revenue	248 000	235 000	232 000	227 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	61 000	42 000	44 000	32 000
Operating Profit	187 000	193 000	187 000	195 000
Financial Income	1 257 000	1 218 000	2 533 000	1 003 000
Financial Costs	9 000	21 000	62 000	64 000
Financial Balance	1 248 000	1 197 000	2 471 000	939 000
Dividends	1 200 000	2 000 000	0	0
Net Income	1 383 000	1 348 000	2 623 000	1 104 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 911 000	1 893 000	1 873 000	1 740 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 911 000	1 893 000	1 873 000	1 740 000
Total Fiancial Fixed Assets	2 803 000	2 803 000	2 803 000	2 803 000
Total Fixed Assets	4 714 000	4 696 000	4 676 000	4 543 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 035 000	3 023 000	1 507 000	294 000
Total Current Assets	3 235 000	4 223 000	4 528 000	2 294 000
Total Assets	7 949 000	8 919 000	9 204 000	6 837 000
Total Equity	6 615 000	6 431 000	7 083 000	4 460 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	63 000	442 000	1 258 000	1 348 000
Creditors	18 000	2 000	133 000	0
Unpaid Taxes	0	0	0	0
Dividends	1 200 000	2 000 000	0	0
Other Current Debt	1 000	1 000	695 000	1 000 000
Total Current Debt	1 271 000	2 045 000	863 000	1 030 000
Total Equity and Debt	7 949 000	8 919 000	9 204 000	6 837 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,91 %	20,96 %	37,03 %	24,75 %
Debt-to-Equity Ratio	0,01	0,07	0,18	0,3
Operating Profit Margin	75,4 %	82,13 %	80,6 %	85,9 %
Current Ratio	2,55	2,07	5,25	2,23
Quick Ratio	2,55	2,07	5,25	2,23
Equity Ratio	0,83	0,72	0,77	0,65
Gross Profit Margin	100 %	100 %	100 %	100 %