LØKKEN AS

2634 FÅVANG

Finances

Return on Equity

−56,44 %

Current Ratio

3,11

Debt-to-Equity Ratio

−11,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	192 000	182 000	65 000	157 000
Net Income	92 000	76 000	−29 000	−44 000
Total Assets	2 052 000	1 938 000	1 865 000	1 830 000
Total Equity	−163 000	−255 000	−331 000	−302 000

Income (NOK)	2022	2021	2020	2019
Revenue	192 000	182 000	65 000	157 000
Expenditure	74 000	84 000	102 000	214 000
Operating Profit	118 000	98 000	−38 000	−56 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	118 000	98 000	−38 000	−56 000
Tax	26 000	22 000	−8 000	−12 000
Net Income	92 000	76 000	−29 000	−44 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 204 000	1 270 000	1 336 000	1 418 000
Total Current Assets	847 000	668 000	529 000	411 000
Total Assets	2 052 000	1 938 000	1 865 000	1 830 000
Total Retained Equity	−193 000	−285 000	−361 000	−332 000
Total Equity	−163 000	−255 000	−331 000	−302 000
Total Long-Term Debt	1 943 000	1 943 000	1 943 000	1 943 000
Total Current Debt	272 000	250 000	253 000	189 000
Total Equity and Debt	2 052 000	1 938 000	1 865 000	1 830 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	47 000	157 000
Other Income	192 000	182 000	17 000	0
Revenue	192 000	182 000	65 000	157 000
Cost of Goods Sold	0	0	0	136 000
Salary Costs	0	0	0	0
Depreciation	40 000	44 000	45 000	45 000
Impairment	0	0	0	0
Expenditure	74 000	84 000	102 000	214 000
Operating Profit	118 000	98 000	−38 000	−56 000
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	92 000	76 000	−29 000	−44 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 000	35 000	57 000	48 000
Real Eastate	635 000	675 000	715 000	755 000
Machinery and Plant Facilities	0	0	4 000	9 000
Fixtures	0	0	0	0
Total Tangible Assets	635 000	675 000	719 000	764 000
Total Fiancial Fixed Assets	560 000	560 000	560 000	606 000
Total Fixed Assets	1 204 000	1 270 000	1 336 000	1 418 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	123 000	199 000	67 000	2 000
Total Current Assets	847 000	668 000	529 000	411 000
Total Assets	2 052 000	1 938 000	1 865 000	1 830 000
Total Equity	−163 000	−255 000	−331 000	−302 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 943 000	1 943 000	1 943 000	1 943 000
Creditors	15 000	8 000	10 000	−12 000
Unpaid Taxes	49 000	47 000	57 000	41 000
Dividends	0	0	0	0
Other Current Debt	208 000	195 000	186 000	160 000
Total Current Debt	272 000	250 000	253 000	189 000
Total Equity and Debt	2 052 000	1 938 000	1 865 000	1 830 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−56,44 %	−29,8 %	8,76 %	14,57 %
Debt-to-Equity Ratio	−11,92	−7,62	−5,87	−6,43
Operating Profit Margin	61,46 %	53,85 %	−58,46 %	−35,67 %
Current Ratio	3,11	2,67	2,09	2,17
Quick Ratio	3,11	2,67	2,09	2,17
Equity Ratio	−0,08	−0,13	−0,18	−0,17
Gross Profit Margin	100 %	100 %	100 %	13,38 %