LOTUS IMPORT & EXPORT AS

2016 FROGNER

Finances

Return on Equity

16,11 %

Current Ratio

0,18

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 044 000	2 326 000	936 000	1 256 000
Net Income	−91 000	−778 000	74 000	188 000
Total Assets	3 968 000	4 003 000	558 000	605 000
Total Equity	−565 000	−474 000	303 000	229 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 044 000	2 326 000	936 000	1 256 000
Expenditure	12 131 000	3 104 000	841 000	1 034 000
Operating Profit	−87 000	−778 000	95 000	222 000
Financial Income	0	0	0	1 000
Financial Costs	3 000	0	0	0
Financial Balance	−3 000	0	0	1 000
Earnings Before Tax	−91 000	−778 000	95 000	223 000
Tax	0	0	21 000	35 000
Net Income	−91 000	−778 000	74 000	188 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 145 000	1 443 000	0	0
Total Current Assets	823 000	2 560 000	558 000	605 000
Total Assets	3 968 000	4 003 000	558 000	605 000
Total Retained Equity	−665 000	−574 000	203 000	129 000
Total Equity	−565 000	−474 000	303 000	229 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 533 000	4 478 000	255 000	376 000
Total Equity and Debt	3 968 000	4 003 000	558 000	605 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 766 000	2 326 000	936 000	1 256 000
Other Income	278 000	0	0	0
Revenue	12 044 000	2 326 000	936 000	1 256 000
Cost of Goods Sold	8 308 000	1 987 000	746 000	863 000
Salary Costs	1 485 000	293 000	0	86 000
Depreciation	361 000	361 000	0	0
Impairment	0	0	0	0
Expenditure	12 131 000	3 104 000	841 000	1 034 000
Operating Profit	−87 000	−778 000	95 000	222 000
Financial Income	0	0	0	1 000
Financial Costs	3 000	0	0	0
Financial Balance	−3 000	0	0	1 000
Dividends	0	0	0	0
Net Income	−91 000	−778 000	74 000	188 000

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	1 082 000	1 443 000	0	0
Total Tangible Assets	1 082 000	1 443 000	0	0
Total Fiancial Fixed Assets	2 063 000	0	0	0
Total Fixed Assets	3 145 000	1 443 000	0	0
Stock	0	1 524 000	131 000	44 000
Total Investments	0	0	0	0
Cash, Bank	808 000	795 000	408 000	481 000
Total Current Assets	823 000	2 560 000	558 000	605 000
Total Assets	3 968 000	4 003 000	558 000	605 000
Total Equity	−565 000	−474 000	303 000	229 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 420 000	2 943 000	1 000	95 000
Unpaid Taxes	443 000	45 000	16 000	47 000
Dividends	0	0	0	0
Other Current Debt	1 671 000	1 490 000	217 000	199 000
Total Current Debt	4 533 000	4 478 000	255 000	376 000
Total Equity and Debt	3 968 000	4 003 000	558 000	605 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,11 %	164,14 %	24,42 %	82,1 %
Debt-to-Equity Ratio	−0	−0	0	0
Operating Profit Margin	−0,72 %	−33,45 %	10,15 %	17,68 %
Current Ratio	0,18	0,57	2,19	1,61
Quick Ratio	0,18	0,87	4,5	1,82
Equity Ratio	−0,14	−0,12	0,54	0,38
Gross Profit Margin	31,02 %	14,57 %	20,3 %	31,29 %