LOFOTYNGEL AS

8340 STAMSUND

Finances

Share Ownership

Return on Equity

−167,95 %

Current Ratio

0,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	3 452 000	10 689 000	10 619 000
Net Income	−9 939 000	−6 799 000	−8 514 000	−1 193 000
Total Assets	11 979 000	16 579 000	15 222 000	23 177 000
Total Equity	5 918 000	15 857 000	10 642 000	19 156 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	3 452 000	10 689 000	10 619 000
Expenditure	11 750 000	8 372 000	13 887 000	16 177 000
Operating Profit	−9 881 000	−6 676 000	−9 444 000	−1 482 000
Financial Income	2 000	1 000	1 000	1 000
Financial Costs	59 000	124 000	98 000	48 000
Financial Balance	−57 000	−123 000	−97 000	−47 000
Earnings Before Tax	−9 939 000	−6 799 000	−9 541 000	−1 529 000
Tax	0	0	−1 027 000	−336 000
Net Income	−9 939 000	−6 799 000	−8 514 000	−1 193 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 264 000	10 152 000	12 329 000	14 472 000
Total Current Assets	2 715 000	6 427 000	2 893 000	8 706 000
Total Assets	11 979 000	16 579 000	15 222 000	23 177 000
Total Retained Equity	−1 207 000	993 000	7 791 000	16 305 000
Total Equity	5 918 000	15 857 000	10 642 000	19 156 000
Total Long-Term Debt	0	0	0	1 027 000
Total Current Debt	6 061 000	722 000	4 579 000	2 994 000
Total Equity and Debt	11 979 000	16 579 000	15 222 000	23 177 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	3 452 000	10 689 000	10 619 000
Other Income	0	0	0	0
Revenue	0	3 452 000	10 689 000	10 619 000
Cost of Goods Sold	1 747 000	732 000	2 532 000	3 397 000
Salary Costs	3 990 000	2 844 000	5 565 000	5 523 000
Depreciation	2 216 000	2 177 000	2 210 000	2 141 000
Impairment	0	0	0	0
Expenditure	11 750 000	8 372 000	13 887 000	16 177 000
Operating Profit	−9 881 000	−6 676 000	−9 444 000	−1 482 000
Financial Income	2 000	1 000	1 000	1 000
Financial Costs	59 000	124 000	98 000	48 000
Financial Balance	−57 000	−123 000	−97 000	−47 000
Dividends	0	0	0	0
Net Income	−9 939 000	−6 799 000	−8 514 000	−1 193 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 166 000	3 636 000	4 252 000	4 899 000
Machinery and Plant Facilities	3 533 000	4 352 000	5 399 000	6 380 000
Fixtures	2 565 000	2 162 000	2 678 000	3 193 000
Total Tangible Assets	9 263 000	10 151 000	12 328 000	14 471 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	9 264 000	10 152 000	12 329 000	14 472 000
Stock	2 123 000	0	2 000 000	8 125 000
Total Investments	0	0	0	0
Cash, Bank	189 000	6 164 000	203 000	250 000
Total Current Assets	2 715 000	6 427 000	2 893 000	8 706 000
Total Assets	11 979 000	16 579 000	15 222 000	23 177 000
Total Equity	5 918 000	15 857 000	10 642 000	19 156 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	1 027 000
Creditors	823 000	310 000	728 000	1 080 000
Unpaid Taxes	204 000	134 000	544 000	591 000
Dividends	0	0	0	0
Other Current Debt	2 098 000	279 000	542 000	515 000
Total Current Debt	6 061 000	722 000	4 579 000	2 994 000
Total Equity and Debt	11 979 000	16 579 000	15 222 000	23 177 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−167,95 %	−42,88 %	−80 %	−6,23 %
Debt-to-Equity Ratio	0	0	0	0,05
Operating Profit Margin	-	−193,4 %	−88,35 %	−13,96 %
Current Ratio	0,45	8,9	0,63	2,91
Quick Ratio	0,69	8,9	1,12	−1,7
Equity Ratio	0,49	0,96	0,7	0,83
Gross Profit Margin	-	78,79 %	76,31 %	68,01 %