LOFOTEN TRANSLATION AS

8310 KABELVÅG

Finances

Return on Equity

133,33 %

Current Ratio

2,24

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	363 000	0	386 000	552 000
Net Income	192 000	−1 000	−22 000	−199 000
Total Assets	260 000	0	26 000	53 000
Total Equity	144 000	−1 000	−151 000	−130 000

Income (NOK)	2022	2021	2020	2019
Revenue	363 000	0	386 000	552 000
Expenditure	129 000	1 000	396 000	752 000
Operating Profit	233 000	−1 000	−11 000	−199 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	233 000	−1 000	−11 000	−199 000
Tax	41 000	0	12 000	0
Net Income	192 000	−1 000	−22 000	−199 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 000	0	−25 000	15 000
Total Current Assets	258 000	0	51 000	38 000
Total Assets	260 000	0	26 000	53 000
Total Retained Equity	144 000	−1 000	−181 000	−160 000
Total Equity	144 000	−1 000	−151 000	−130 000
Total Long-Term Debt	1 000	0	43 000	85 000
Total Current Debt	115 000	1 000	134 000	97 000
Total Equity and Debt	260 000	0	26 000	53 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	363 000	0	386 000	552 000
Other Income	0	0	0	0
Revenue	363 000	0	386 000	552 000
Cost of Goods Sold	0	0	0	0
Salary Costs	129 000	0	347 000	507 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	129 000	1 000	396 000	752 000
Operating Profit	233 000	−1 000	−11 000	−199 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	192 000	−1 000	−22 000	−199 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	3 000	0	−25 000	15 000
Total Fixed Assets	3 000	0	−25 000	15 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	255 000	0	51 000	38 000
Total Current Assets	258 000	0	51 000	38 000
Total Assets	260 000	0	26 000	53 000
Total Equity	144 000	−1 000	−151 000	−130 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	43 000	85 000
Creditors	19 000	2 000	−11 000	−6 000
Unpaid Taxes	42 000	0	92 000	25 000
Dividends	0	0	0	0
Other Current Debt	13 000	0	52 000	79 000
Total Current Debt	115 000	1 000	134 000	97 000
Total Equity and Debt	260 000	0	26 000	53 000

Financial indicators	2022	2021	2020	2019
Return on Equity	133,33 %	100 %	14,57 %	153,08 %
Debt-to-Equity Ratio	0,01	−0	−0,28	−0,65
Operating Profit Margin	64,19 %	-	−2,85 %	−36,05 %
Current Ratio	2,24	0	0,38	0,39
Quick Ratio	2,24	0	0,38	0,39
Equity Ratio	0,55	-	−5,81	−2,45
Gross Profit Margin	100 %	-	100 %	100 %