LOFOTEN DIVING AS

8373 BALLSTAD

Finances

Share Ownership

Return on Equity

4,98 %

Current Ratio

1,95

Debt-to-Equity Ratio

0,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 231 000	2 213 000	2 175 000	2 342 000
Net Income	33 000	218 000	143 000	22 000
Total Assets	1 653 000	1 345 000	1 218 000	1 006 000
Total Equity	663 000	630 000	412 000	269 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 231 000	2 213 000	2 175 000	2 342 000
Expenditure	2 166 000	1 928 000	1 987 000	2 313 000
Operating Profit	65 000	284 000	189 000	29 000
Financial Income	0	2 000	0	1 000
Financial Costs	23 000	6 000	5 000	3 000
Financial Balance	−23 000	−4 000	−5 000	−2 000
Earnings Before Tax	42 000	280 000	184 000	27 000
Tax	9 000	62 000	40 000	5 000
Net Income	33 000	218 000	143 000	22 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	562 000	90 000	53 000	109 000
Total Current Assets	1 091 000	1 255 000	1 165 000	897 000
Total Assets	1 653 000	1 345 000	1 218 000	1 006 000
Total Retained Equity	563 000	530 000	312 000	169 000
Total Equity	663 000	630 000	412 000	269 000
Total Long-Term Debt	430 000	80 000	222 000	222 000
Total Current Debt	560 000	635 000	584 000	516 000
Total Equity and Debt	1 653 000	1 345 000	1 218 000	1 006 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 462 000	1 597 000	1 589 000	1 455 000
Other Income	769 000	617 000	587 000	887 000
Revenue	2 231 000	2 213 000	2 175 000	2 342 000
Cost of Goods Sold	58 000	54 000	144 000	121 000
Salary Costs	933 000	728 000	489 000	655 000
Depreciation	43 000	−58 000	44 000	50 000
Impairment	0	0	0	0
Expenditure	2 166 000	1 928 000	1 987 000	2 313 000
Operating Profit	65 000	284 000	189 000	29 000
Financial Income	0	2 000	0	1 000
Financial Costs	23 000	6 000	5 000	3 000
Financial Balance	−23 000	−4 000	−5 000	−2 000
Dividends	0	0	0	0
Net Income	33 000	218 000	143 000	22 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	11 000	6 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	551 000	77 000	32 000	76 000
Total Tangible Assets	562 000	90 000	32 000	76 000
Total Fiancial Fixed Assets	0	0	10 000	28 000
Total Fixed Assets	562 000	90 000	53 000	109 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	960 000	858 000	1 066 000	822 000
Total Current Assets	1 091 000	1 255 000	1 165 000	897 000
Total Assets	1 653 000	1 345 000	1 218 000	1 006 000
Total Equity	663 000	630 000	412 000	269 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	430 000	80 000	222 000	222 000
Creditors	95 000	152 000	86 000	250 000
Unpaid Taxes	76 000	31 000	6 000	27 000
Dividends	0	0	0	0
Other Current Debt	389 000	402 000	446 000	228 000
Total Current Debt	560 000	635 000	584 000	516 000
Total Equity and Debt	1 653 000	1 345 000	1 218 000	1 006 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,98 %	34,6 %	34,71 %	8,18 %
Debt-to-Equity Ratio	0,65	0,13	0,54	0,83
Operating Profit Margin	2,91 %	12,83 %	8,69 %	1,24 %
Current Ratio	1,95	1,98	1,99	1,74
Quick Ratio	1,95	1,98	1,99	1,74
Equity Ratio	0,4	0,47	0,34	0,27
Gross Profit Margin	97,4 %	97,56 %	93,38 %	94,83 %