LØFTEN SJØMAT AS

4260 TORVASTAD

Finances

Share Ownership

Return on Equity

2,14 %

Current Ratio

1,41

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 383 000	4 257 000	4 124 000	2 562 000
Net Income	11 000	186 000	489 000	1 000
Total Assets	1 074 000	978 000	686 000	494 000
Total Equity	513 000	502 000	316 000	−173 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 383 000	4 257 000	4 124 000	2 562 000
Expenditure	4 369 000	4 019 000	3 497 000	2 560 000
Operating Profit	14 000	238 000	627 000	2 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	14 000	238 000	627 000	2 000
Tax	3 000	52 000	138 000	0
Net Income	11 000	186 000	489 000	1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	339 000	337 000	61 000	246 000
Total Current Assets	735 000	642 000	625 000	249 000
Total Assets	1 074 000	978 000	686 000	494 000
Total Retained Equity	413 000	402 000	216 000	−273 000
Total Equity	513 000	502 000	316 000	−173 000
Total Long-Term Debt	40 000	44 000	11 000	0
Total Current Debt	521 000	432 000	358 000	667 000
Total Equity and Debt	1 074 000	978 000	686 000	494 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 383 000	4 257 000	3 930 000	2 562 000
Other Income	0	0	195 000	0
Revenue	4 383 000	4 257 000	4 124 000	2 562 000
Cost of Goods Sold	2 780 000	2 689 000	2 504 000	1 535 000
Salary Costs	954 000	795 000	585 000	577 000
Depreciation	64 000	41 000	54 000	75 000
Impairment	0	0	0	0
Expenditure	4 369 000	4 019 000	3 497 000	2 560 000
Operating Profit	14 000	238 000	627 000	2 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	11 000	186 000	489 000	1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	126 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	6 000	8 000	34 000
Fixtures	339 000	330 000	52 000	85 000
Total Tangible Assets	339 000	337 000	61 000	119 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	339 000	337 000	61 000	246 000
Stock	150 000	145 000	122 000	90 000
Total Investments	0	0	0	0
Cash, Bank	521 000	289 000	424 000	66 000
Total Current Assets	735 000	642 000	625 000	249 000
Total Assets	1 074 000	978 000	686 000	494 000
Total Equity	513 000	502 000	316 000	−173 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	40 000	44 000	11 000	0
Creditors	358 000	267 000	158 000	91 000
Unpaid Taxes	67 000	73 000	85 000	26 000
Dividends	0	0	0	0
Other Current Debt	88 000	73 000	115 000	550 000
Total Current Debt	521 000	432 000	358 000	667 000
Total Equity and Debt	1 074 000	978 000	686 000	494 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,14 %	37,05 %	154,75 %	−0,58 %
Debt-to-Equity Ratio	0,08	0,09	0,03	−0
Operating Profit Margin	0,32 %	5,59 %	15,2 %	0,08 %
Current Ratio	1,41	1,49	1,75	0,37
Quick Ratio	1,98	2,24	2,65	0,43
Equity Ratio	0,48	0,51	0,46	−0,35
Gross Profit Margin	36,57 %	36,83 %	39,28 %	40,09 %