LOFOTPILS AS

8300 SVOLVÆR

Finances

Return on Equity

−2,37 %

Current Ratio

4,13

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 897 000	12 785 000	9 923 000	9 203 000
Net Income	−559 000	317 000	−1 830 000	−1 434 000
Total Assets	27 203 000	26 151 000	21 375 000	22 555 000
Total Equity	23 605 000	24 164 000	6 430 000	8 260 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 897 000	12 785 000	9 923 000	9 203 000
Expenditure	13 352 000	12 320 000	11 336 000	7 803 000
Operating Profit	−455 000	465 000	−1 412 000	−979 000
Financial Income	4 000	3 000	8 000	6 000
Financial Costs	107 000	152 000	426 000	461 000
Financial Balance	−103 000	−149 000	−418 000	−455 000
Earnings Before Tax	−559 000	317 000	−1 830 000	−1 434 000
Tax	0	0	0	0
Net Income	−559 000	317 000	−1 830 000	−1 434 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 728 000	16 315 000	16 190 000	16 642 000
Total Current Assets	7 475 000	9 836 000	5 185 000	5 913 000
Total Assets	27 203 000	26 151 000	21 375 000	22 555 000
Total Retained Equity	−7 280 000	−6 721 000	−11 453 000	−9 623 000
Total Equity	23 605 000	24 164 000	6 430 000	8 260 000
Total Long-Term Debt	1 786 000	0	7 436 000	8 227 000
Total Current Debt	1 812 000	1 988 000	7 509 000	6 067 000
Total Equity and Debt	27 203 000	26 151 000	21 375 000	22 555 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 602 000	12 394 000	9 761 000	9 019 000
Other Income	296 000	391 000	163 000	183 000
Revenue	12 897 000	12 785 000	9 923 000	9 203 000
Cost of Goods Sold	6 004 000	5 336 000	4 912 000	215 000
Salary Costs	3 455 000	2 991 000	2 038 000	3 048 000
Depreciation	560 000	528 000	510 000	522 000
Impairment	0	0	0	0
Expenditure	13 352 000	12 320 000	11 336 000	7 803 000
Operating Profit	−455 000	465 000	−1 412 000	−979 000
Financial Income	4 000	3 000	8 000	6 000
Financial Costs	107 000	152 000	426 000	461 000
Financial Balance	−103 000	−149 000	−418 000	−455 000
Dividends	0	0	0	0
Net Income	−559 000	317 000	−1 830 000	−1 434 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	6 000
Real Eastate	185 000	0	0	0
Machinery and Plant Facilities	18 299 000	15 353 000	15 128 000	15 478 000
Fixtures	1 185 000	900 000	1 002 000	1 099 000
Total Tangible Assets	19 669 000	16 253 000	16 131 000	16 576 000
Total Fiancial Fixed Assets	60 000	62 000	60 000	60 000
Total Fixed Assets	19 728 000	16 315 000	16 190 000	16 642 000
Stock	4 698 000	3 758 000	3 739 000	4 614 000
Total Investments	0	0	0	0
Cash, Bank	758 000	4 303 000	266 000	121 000
Total Current Assets	7 475 000	9 836 000	5 185 000	5 913 000
Total Assets	27 203 000	26 151 000	21 375 000	22 555 000
Total Equity	23 605 000	24 164 000	6 430 000	8 260 000
Short-Term Group Debt	344 000	344 000	0	0
Total Long-Term Debt	1 786 000	0	7 436 000	8 227 000
Creditors	445 000	919 000	1 298 000	1 240 000
Unpaid Taxes	666 000	445 000	2 547 000	977 000
Dividends	0	0	0	0
Other Current Debt	358 000	280 000	3 663 000	2 841 000
Total Current Debt	1 812 000	1 988 000	7 509 000	6 067 000
Total Equity and Debt	27 203 000	26 151 000	21 375 000	22 555 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,37 %	1,31 %	−28,46 %	−17,36 %
Debt-to-Equity Ratio	0,08	0	1,16	1
Operating Profit Margin	−3,53 %	3,64 %	−14,23 %	−10,64 %
Current Ratio	4,13	4,95	0,69	0,97
Quick Ratio	−2,59	−5,56	1,38	4,07
Equity Ratio	0,87	0,92	0,3	0,37
Gross Profit Margin	53,45 %	58,26 %	50,5 %	97,66 %