LOFOTEN FISH EXPORT AS

8373 BALLSTAD

Finances

Return on Equity

38,28 %

Current Ratio

1,12

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	52 022 000	26 856 000	46 447 000	55 931 000
Net Income	1 433 000	852 000	110 000	448 000
Total Assets	18 438 000	9 278 000	21 430 000	15 416 000
Total Equity	3 743 000	2 311 000	1 459 000	1 349 000

Income (NOK)	2022	2021	2020	2019
Revenue	52 022 000	26 856 000	46 447 000	55 931 000
Expenditure	56 451 000	26 677 000	48 409 000	55 127 000
Operating Profit	2 157 000	982 000	−1 008 000	605 000
Financial Income	666 000	627 000	2 090 000	322 000
Financial Costs	965 000	828 000	1 489 000	833 000
Financial Balance	−299 000	−201 000	601 000	−511 000
Earnings Before Tax	1 858 000	781 000	−407 000	94 000
Tax	426 000	−71 000	−517 000	−354 000
Net Income	1 433 000	852 000	110 000	448 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 495 000	2 561 000	2 783 000	2 913 000
Total Current Assets	15 943 000	6 717 000	18 647 000	12 503 000
Total Assets	18 438 000	9 278 000	21 430 000	15 416 000
Total Retained Equity	3 643 000	2 211 000	1 359 000	1 249 000
Total Equity	3 743 000	2 311 000	1 459 000	1 349 000
Total Long-Term Debt	466 000	40 000	0	0
Total Current Debt	14 228 000	6 927 000	19 971 000	14 067 000
Total Equity and Debt	18 438 000	9 278 000	21 430 000	15 416 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	46 517 000	24 751 000	45 298 000	55 379 000
Other Income	5 505 000	2 105 000	1 149 000	552 000
Revenue	52 022 000	26 856 000	46 447 000	55 931 000
Cost of Goods Sold	44 751 000	16 540 000	36 270 000	38 355 000
Salary Costs	5 723 000	5 322 000	6 794 000	7 009 000
Depreciation	385 000	526 000	638 000	993 000
Impairment	0	−1 167 000	0	0
Expenditure	56 451 000	26 677 000	48 409 000	55 127 000
Operating Profit	2 157 000	982 000	−1 008 000	605 000
Financial Income	666 000	627 000	2 090 000	322 000
Financial Costs	965 000	828 000	1 489 000	833 000
Financial Balance	−299 000	−201 000	601 000	−511 000
Dividends	0	0	0	0
Net Income	1 433 000	852 000	110 000	448 000

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	2 027 000	2 034 000	1 108 000	934 000
Fixtures	230 000	80 000	1 505 000	1 639 000
Total Tangible Assets	2 256 000	2 114 000	2 613 000	2 573 000
Total Fiancial Fixed Assets	239 000	447 000	170 000	340 000
Total Fixed Assets	2 495 000	2 561 000	2 783 000	2 913 000
Stock	9 891 000	3 305 000	2 503 000	1 548 000
Total Investments	0	0	0	0
Cash, Bank	108 000	47 000	331 000	2 206 000
Total Current Assets	15 943 000	6 717 000	18 647 000	12 503 000
Total Assets	18 438 000	9 278 000	21 430 000	15 416 000
Total Equity	3 743 000	2 311 000	1 459 000	1 349 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	466 000	40 000	0	0
Creditors	715 000	1 062 000	5 550 000	3 881 000
Unpaid Taxes	160 000	1 482 000	713 000	889 000
Dividends	0	0	0	0
Other Current Debt	7 398 000	4 038 000	2 452 000	3 413 000
Total Current Debt	14 228 000	6 927 000	19 971 000	14 067 000
Total Equity and Debt	18 438 000	9 278 000	21 430 000	15 416 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,28 %	36,87 %	7,54 %	33,21 %
Debt-to-Equity Ratio	0,12	0,02	0	0
Operating Profit Margin	4,15 %	3,66 %	−2,17 %	1,08 %
Current Ratio	1,12	0,97	0,93	0,89
Quick Ratio	3,68	1,85	1,07	1
Equity Ratio	0,2	0,25	0,07	0,09
Gross Profit Margin	13,98 %	38,41 %	21,91 %	31,42 %