LOTOS EXPLORATION AND PRODUCTION NORGE AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

26,59 %

Current Ratio

1,34

Debt-to-Equity Ratio

1,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 612 228 000	3 063 251 000	1 576 136 000	2 032 317 000
Net Income	789 131 000	557 525 000	−337 179 000	206 721 000
Total Assets	9 663 188 000	6 904 340 000	4 374 971 000	5 051 337 000
Total Equity	2 967 336 000	2 178 205 000	1 620 680 000	1 957 859 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 612 228 000	3 063 251 000	1 576 136 000	2 032 317 000
Expenditure	2 312 174 000	1 088 640 000	2 853 065 000	971 591 000
Operating Profit	3 300 054 000	1 974 611 000	−1 276 929 000	1 060 726 000
Financial Income	109 259 000	364 000	27 053 000	13 142 000
Financial Costs	157 787 000	154 456 000	100 741 000	189 598 000
Financial Balance	−48 528 000	−154 092 000	−73 688 000	−176 456 000
Earnings Before Tax	3 251 525 000	1 820 519 000	−1 350 617 000	884 270 000
Tax	2 462 394 000	1 262 994 000	−1 013 437 000	677 549 000
Net Income	789 131 000	557 525 000	−337 179 000	206 721 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 688 901 000	4 278 327 000	3 711 921 000	4 480 653 000
Total Current Assets	3 974 286 000	2 626 012 000	663 050 000	570 684 000
Total Assets	9 663 188 000	6 904 340 000	4 374 971 000	5 051 337 000
Total Retained Equity	−1 464 554 000	−2 253 685 000	−2 811 210 000	−2 474 031 000
Total Equity	2 967 336 000	2 178 205 000	1 620 680 000	1 957 859 000
Total Long-Term Debt	3 739 517 000	3 223 323 000	2 234 959 000	2 406 892 000
Total Current Debt	2 956 335 000	1 502 811 000	519 332 000	686 586 000
Total Equity and Debt	9 663 188 000	6 904 340 000	4 374 971 000	5 051 337 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 609 865 000	2 912 134 000	1 522 592 000	1 646 932 000
Other Income	2 363 000	151 117 000	53 545 000	385 386 000
Revenue	5 612 228 000	3 063 251 000	1 576 136 000	2 032 317 000
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	2 312 174 000	1 088 640 000	2 853 065 000	971 591 000
Operating Profit	3 300 054 000	1 974 611 000	−1 276 929 000	1 060 726 000
Financial Income	109 259 000	364 000	27 053 000	13 142 000
Financial Costs	157 787 000	154 456 000	100 741 000	189 598 000
Financial Balance	−48 528 000	−154 092 000	−73 688 000	−176 456 000
Dividends	0	0	0	0
Net Income	789 131 000	557 525 000	−337 179 000	206 721 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	381 001 000	820 064 000	627 200 000	604 667 000
Real Eastate	3 956 336 000	3 305 256 000	2 374 886 000	3 778 986 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 956 336 000	3 305 256 000	2 374 886 000	3 778 986 000
Total Fiancial Fixed Assets	1 351 564 000	153 007 000	709 835 000	97 000 000
Total Fixed Assets	5 688 901 000	4 278 327 000	3 711 921 000	4 480 653 000
Stock	225 836 000	190 511 000	178 258 000	186 475 000
Total Investments	0	0	0	0
Cash, Bank	3 166 629 000	1 948 108 000	357 603 000	262 332 000
Total Current Assets	3 974 286 000	2 626 012 000	663 050 000	570 684 000
Total Assets	9 663 188 000	6 904 340 000	4 374 971 000	5 051 337 000
Total Equity	2 967 336 000	2 178 205 000	1 620 680 000	1 957 859 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 739 517 000	3 223 323 000	2 234 959 000	2 406 892 000
Creditors	16 507 000	14 511 000	11 192 000	21 200 000
Unpaid Taxes	9 375 000	6 589 000	8 044 000	6 370 000
Dividends	0	0	0	0
Other Current Debt	627 968 000	434 642 000	313 590 000	256 255 000
Total Current Debt	2 956 335 000	1 502 811 000	519 332 000	686 586 000
Total Equity and Debt	9 663 188 000	6 904 340 000	4 374 971 000	5 051 337 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,59 %	25,6 %	−20,8 %	10,56 %
Debt-to-Equity Ratio	1,26	1,48	1,38	1,23
Operating Profit Margin	58,8 %	64,46 %	−81,02 %	52,19 %
Current Ratio	1,34	1,75	1,28	0,83
Quick Ratio	1,46	2	1,94	1,14
Equity Ratio	0,31	0,32	0,37	0,39
Gross Profit Margin	100 %	100 %	100 %	100 %