LOFOTEN HYDRAULIKK AS

8300 SVOLVÆR

Finances

Share Ownership

Return on Equity

22,56 %

Current Ratio

1,64

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 500 000	28 923 000	29 399 000	22 282 000
Net Income	1 458 000	3 068 000	99 000	490 000
Total Assets	17 945 000	12 192 000	9 939 000	11 683 000
Total Equity	6 463 000	5 605 000	5 037 000	5 537 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 500 000	28 923 000	29 399 000	22 282 000
Expenditure	23 592 000	25 019 000	29 339 000	21 631 000
Operating Profit	1 909 000	3 904 000	60 000	650 000
Financial Income	26 000	37 000	69 000	29 000
Financial Costs	104 000	28 000	37 000	45 000
Financial Balance	−78 000	9 000	32 000	−16 000
Earnings Before Tax	1 831 000	3 914 000	93 000	635 000
Tax	373 000	846 000	−7 000	145 000
Net Income	1 458 000	3 068 000	99 000	490 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 058 000	1 470 000	1 670 000	1 991 000
Total Current Assets	15 887 000	10 722 000	8 269 000	9 692 000
Total Assets	17 945 000	12 192 000	9 939 000	11 683 000
Total Retained Equity	5 863 000	5 005 000	4 437 000	4 937 000
Total Equity	6 463 000	5 605 000	5 037 000	5 537 000
Total Long-Term Debt	1 810 000	0	0	0
Total Current Debt	9 673 000	6 588 000	4 903 000	6 146 000
Total Equity and Debt	17 945 000	12 192 000	9 939 000	11 683 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 211 000	28 923 000	29 399 000	22 282 000
Other Income	289 000	0	0	0
Revenue	25 500 000	28 923 000	29 399 000	22 282 000
Cost of Goods Sold	12 291 000	16 363 000	20 198 000	13 408 000
Salary Costs	6 668 000	5 119 000	5 063 000	4 758 000
Depreciation	396 000	330 000	314 000	315 000
Impairment	0	0	0	0
Expenditure	23 592 000	25 019 000	29 339 000	21 631 000
Operating Profit	1 909 000	3 904 000	60 000	650 000
Financial Income	26 000	37 000	69 000	29 000
Financial Costs	104 000	28 000	37 000	45 000
Financial Balance	−78 000	9 000	32 000	−16 000
Dividends	0	0	0	0
Net Income	1 458 000	3 068 000	99 000	490 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	63 000	106 000	101 000	54 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 821 000	1 137 000	1 289 000	1 603 000
Fixtures	0	0	0	0
Total Tangible Assets	1 821 000	1 137 000	1 289 000	1 603 000
Total Fiancial Fixed Assets	174 000	227 000	281 000	334 000
Total Fixed Assets	2 058 000	1 470 000	1 670 000	1 991 000
Stock	11 215 000	4 277 000	3 769 000	5 023 000
Total Investments	0	0	0	0
Cash, Bank	2 784 000	5 844 000	1 832 000	2 222 000
Total Current Assets	15 887 000	10 722 000	8 269 000	9 692 000
Total Assets	17 945 000	12 192 000	9 939 000	11 683 000
Total Equity	6 463 000	5 605 000	5 037 000	5 537 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 810 000	0	0	0
Creditors	4 133 000	1 677 000	1 463 000	2 510 000
Unpaid Taxes	1 091 000	630 000	1 676 000	199 000
Dividends	0	0	0	0
Other Current Debt	1 053 000	2 524 000	948 000	572 000
Total Current Debt	9 673 000	6 588 000	4 903 000	6 146 000
Total Equity and Debt	17 945 000	12 192 000	9 939 000	11 683 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,56 %	54,74 %	1,97 %	8,85 %
Debt-to-Equity Ratio	0,28	0	0	0
Operating Profit Margin	7,49 %	13,5 %	0,2 %	2,92 %
Current Ratio	1,64	1,63	1,69	1,58
Quick Ratio	−10,3	4,64	7,29	8,63
Equity Ratio	0,36	0,46	0,51	0,47
Gross Profit Margin	51,8 %	43,43 %	31,3 %	39,83 %