LOFOTEN BIL AS

8300 SVOLVÆR

Finances

Share Ownership

Return on Equity

49,52 %

Current Ratio

1,01

Debt-to-Equity Ratio

0,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	31 699 000	34 959 000	32 054 000	32 309 000
Net Income	1 916 000	291 000	−22 000	1 122 000
Total Assets	11 964 000	11 760 000	12 126 000	12 954 000
Total Equity	3 869 000	2 498 000	2 605 000	2 626 000

Income (NOK)	2022	2021	2020	2019
Revenue	31 699 000	34 959 000	32 054 000	32 309 000
Expenditure	28 965 000	34 357 000	31 751 000	30 636 000
Operating Profit	2 734 000	603 000	303 000	1 674 000
Financial Income	9 000	17 000	19 000	8 000
Financial Costs	275 000	246 000	348 000	241 000
Financial Balance	−266 000	−229 000	−329 000	−233 000
Earnings Before Tax	2 468 000	374 000	−26 000	1 440 000
Tax	551 000	83 000	−4 000	318 000
Net Income	1 916 000	291 000	−22 000	1 122 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 197 000	5 529 000	6 458 000	4 517 000
Total Current Assets	6 767 000	6 231 000	5 667 000	8 437 000
Total Assets	11 964 000	11 760 000	12 126 000	12 954 000
Total Retained Equity	2 510 000	1 139 000	1 245 000	1 267 000
Total Equity	3 869 000	2 498 000	2 605 000	2 626 000
Total Long-Term Debt	1 399 000	1 993 000	227 000	487 000
Total Current Debt	6 696 000	7 268 000	9 294 000	9 841 000
Total Equity and Debt	11 964 000	11 760 000	12 126 000	12 954 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 014 000	34 531 000	28 898 000	27 294 000
Other Income	686 000	428 000	3 156 000	5 015 000
Revenue	31 699 000	34 959 000	32 054 000	32 309 000
Cost of Goods Sold	15 795 000	23 036 000	21 566 000	21 023 000
Salary Costs	7 456 000	6 541 000	5 713 000	5 119 000
Depreciation	1 507 000	1 416 000	1 028 000	798 000
Impairment	0	0	0	−210 000
Expenditure	28 965 000	34 357 000	31 751 000	30 636 000
Operating Profit	2 734 000	603 000	303 000	1 674 000
Financial Income	9 000	17 000	19 000	8 000
Financial Costs	275 000	246 000	348 000	241 000
Financial Balance	−266 000	−229 000	−329 000	−233 000
Dividends	545 000	398 000	0	0
Net Income	1 916 000	291 000	−22 000	1 122 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	805 000	805 000	818 000	768 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	4 178 000	4 485 000	5 409 000	3 504 000
Fixtures	0	0	0	0
Total Tangible Assets	4 178 000	4 485 000	5 409 000	3 504 000
Total Fiancial Fixed Assets	214 000	238 000	231 000	245 000
Total Fixed Assets	5 197 000	5 529 000	6 458 000	4 517 000
Stock	5 442 000	3 822 000	4 442 000	7 287 000
Total Investments	0	0	0	0
Cash, Bank	250 000	239 000	169 000	229 000
Total Current Assets	6 767 000	6 231 000	5 667 000	8 437 000
Total Assets	11 964 000	11 760 000	12 126 000	12 954 000
Total Equity	3 869 000	2 498 000	2 605 000	2 626 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 399 000	1 993 000	227 000	487 000
Creditors	1 745 000	1 117 000	2 177 000	1 080 000
Unpaid Taxes	335 000	429 000	219 000	290 000
Dividends	545 000	398 000	0	0
Other Current Debt	925 000	1 208 000	874 000	879 000
Total Current Debt	6 696 000	7 268 000	9 294 000	9 841 000
Total Equity and Debt	11 964 000	11 760 000	12 126 000	12 954 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,52 %	11,65 %	−0,84 %	42,73 %
Debt-to-Equity Ratio	0,36	0,8	0,09	0,19
Operating Profit Margin	8,62 %	1,72 %	0,95 %	5,18 %
Current Ratio	1,01	0,86	0,61	0,86
Quick Ratio	5,4	1,81	1,17	3,3
Equity Ratio	0,32	0,21	0,21	0,2
Gross Profit Margin	50,17 %	34,11 %	32,72 %	34,93 %