VISIT LOFOTEN AS

8310 KABELVÅG

Finances

Return on Equity

2 %

Current Ratio

3,82

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	200 000	200 000	200 000	200 000
Net Income	319 000	437 000	178 000	2 579 000
Total Assets	16 666 000	16 697 000	16 578 000	16 816 000
Total Equity	15 972 000	16 053 000	16 015 000	16 237 000

Income (NOK)	2022	2021	2020	2019
Revenue	200 000	200 000	200 000	200 000
Expenditure	22 000	15 000	26 000	20 000
Operating Profit	178 000	185 000	174 000	180 000
Financial Income	234 000	410 000	55 000	2 449 000
Financial Costs	3 000	27 000	0	0
Financial Balance	231 000	383 000	55 000	2 449 000
Earnings Before Tax	410 000	568 000	228 000	2 629 000
Tax	90 000	130 000	50 000	50 000
Net Income	319 000	437 000	178 000	2 579 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 145 000	13 897 000	13 955 000	13 915 000
Total Current Assets	2 521 000	2 800 000	2 622 000	2 901 000
Total Assets	16 666 000	16 697 000	16 578 000	16 816 000
Total Retained Equity	15 658 000	15 738 000	15 701 000	15 923 000
Total Equity	15 972 000	16 053 000	16 015 000	16 237 000
Total Long-Term Debt	34 000	43 000	53 000	67 000
Total Current Debt	660 000	601 000	509 000	512 000
Total Equity and Debt	16 666 000	16 697 000	16 578 000	16 816 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	200 000	200 000	200 000	200 000
Other Income	0	0	0	0
Revenue	200 000	200 000	200 000	200 000
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	22 000	15 000	26 000	20 000
Operating Profit	178 000	185 000	174 000	180 000
Financial Income	234 000	410 000	55 000	2 449 000
Financial Costs	3 000	27 000	0	0
Financial Balance	231 000	383 000	55 000	2 449 000
Dividends	400 000	400 000	400 000	400 000
Net Income	319 000	437 000	178 000	2 579 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	14 145 000	13 897 000	13 955 000	13 915 000
Total Fixed Assets	14 145 000	13 897 000	13 955 000	13 915 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 840 000	2 071 000	2 285 000	2 565 000
Total Current Assets	2 521 000	2 800 000	2 622 000	2 901 000
Total Assets	16 666 000	16 697 000	16 578 000	16 816 000
Total Equity	15 972 000	16 053 000	16 015 000	16 237 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	34 000	43 000	53 000	67 000
Creditors	2 000	13 000	0	0
Unpaid Taxes	45 000	47 000	45 000	45 000
Dividends	400 000	400 000	400 000	400 000
Other Current Debt	514 000	400 000	400 000	400 000
Total Current Debt	660 000	601 000	509 000	512 000
Total Equity and Debt	16 666 000	16 697 000	16 578 000	16 816 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2 %	2,72 %	1,11 %	15,88 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	89 %	92,5 %	87 %	90 %
Current Ratio	3,82	4,66	5,15	5,67
Quick Ratio	3,82	4,66	5,15	5,67
Equity Ratio	0,96	0,96	0,97	0,97
Gross Profit Margin	100 %	100 %	100 %	100 %