LOFOTEN TRUCKSERVICE AS

8370 LEKNES

Finances

Share Ownership

Return on Equity

4,94 %

Current Ratio

1,54

Debt-to-Equity Ratio

0,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 287 000	11 675 000	18 299 000	17 265 000
Net Income	78 000	−475 000	218 000	231 000
Total Assets	6 768 000	5 224 000	6 402 000	6 590 000
Total Equity	1 579 000	1 501 000	1 636 000	1 778 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 287 000	11 675 000	18 299 000	17 265 000
Expenditure	17 089 000	12 232 000	17 873 000	16 894 000
Operating Profit	198 000	−557 000	426 000	370 000
Financial Income	32 000	39 000	68 000	4 000
Financial Costs	123 000	91 000	243 000	69 000
Financial Balance	−91 000	−52 000	−175 000	−65 000
Earnings Before Tax	107 000	−609 000	251 000	305 000
Tax	30 000	−134 000	33 000	74 000
Net Income	78 000	−475 000	218 000	231 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	234 000	272 000	380 000	512 000
Total Current Assets	6 534 000	4 953 000	6 023 000	6 078 000
Total Assets	6 768 000	5 224 000	6 402 000	6 590 000
Total Retained Equity	1 138 000	1 061 000	1 536 000	1 678 000
Total Equity	1 579 000	1 501 000	1 636 000	1 778 000
Total Long-Term Debt	950 000	653 000	558 000	0
Total Current Debt	4 238 000	3 069 000	4 209 000	4 812 000
Total Equity and Debt	6 768 000	5 224 000	6 402 000	6 590 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 188 000	11 193 000	17 884 000	16 718 000
Other Income	98 000	482 000	415 000	547 000
Revenue	17 287 000	11 675 000	18 299 000	17 265 000
Cost of Goods Sold	10 375 000	5 909 000	11 372 000	11 417 000
Salary Costs	4 032 000	3 787 000	3 913 000	2 801 000
Depreciation	27 000	47 000	99 000	150 000
Impairment	0	0	0	0
Expenditure	17 089 000	12 232 000	17 873 000	16 894 000
Operating Profit	198 000	−557 000	426 000	370 000
Financial Income	32 000	39 000	68 000	4 000
Financial Costs	123 000	91 000	243 000	69 000
Financial Balance	−91 000	−52 000	−175 000	−65 000
Dividends	0	0	360 000	600 000
Net Income	78 000	−475 000	218 000	231 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	75 000	86 000	48 000	81 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	53 000	81 000	227 000	326 000
Total Tangible Assets	53 000	81 000	227 000	326 000
Total Fiancial Fixed Assets	105 000	105 000	105 000	105 000
Total Fixed Assets	234 000	272 000	380 000	512 000
Stock	2 900 000	2 286 000	2 618 000	3 061 000
Total Investments	0	0	0	0
Cash, Bank	713 000	133 000	663 000	326 000
Total Current Assets	6 534 000	4 953 000	6 023 000	6 078 000
Total Assets	6 768 000	5 224 000	6 402 000	6 590 000
Total Equity	1 579 000	1 501 000	1 636 000	1 778 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	950 000	653 000	558 000	0
Creditors	2 702 000	1 655 000	1 847 000	3 332 000
Unpaid Taxes	774 000	404 000	1 168 000	136 000
Dividends	0	0	360 000	600 000
Other Current Debt	744 000	599 000	834 000	742 000
Total Current Debt	4 238 000	3 069 000	4 209 000	4 812 000
Total Equity and Debt	6 768 000	5 224 000	6 402 000	6 590 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,94 %	−31,65 %	13,33 %	12,99 %
Debt-to-Equity Ratio	0,6	0,44	0,34	0
Operating Profit Margin	1,15 %	−4,77 %	2,33 %	2,14 %
Current Ratio	1,54	1,61	1,43	1,26
Quick Ratio	4,88	6,33	3,79	3,47
Equity Ratio	0,23	0,29	0,26	0,27
Gross Profit Margin	39,98 %	49,39 %	37,85 %	33,87 %