NORTH OF LYNGEN APARTMENTS AS

9152 SØRKJOSEN

Finances

Share Ownership

Return on Equity

−92,96 %

Current Ratio

0,53

Debt-to-Equity Ratio

−0,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 641 000	1 833 000	1 108 000	1 626 000
Net Income	66 000	130 000	−364 000	−65 000
Total Assets	524 000	513 000	505 000	321 000
Total Equity	−71 000	−137 000	−267 000	97 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 641 000	1 833 000	1 108 000	1 626 000
Expenditure	1 556 000	1 664 000	1 571 000	1 707 000
Operating Profit	85 000	168 000	−464 000	−81 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	2 000	1 000
Financial Balance	0	−1 000	−2 000	−1 000
Earnings Before Tax	84 000	167 000	−466 000	−82 000
Tax	19 000	37 000	−102 000	−17 000
Net Income	66 000	130 000	−364 000	−65 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	244 000	183 000	243 000	124 000
Total Current Assets	280 000	330 000	262 000	197 000
Total Assets	524 000	513 000	505 000	321 000
Total Retained Equity	−113 000	−179 000	−309 000	55 000
Total Equity	−71 000	−137 000	−267 000	97 000
Total Long-Term Debt	65 000	65 000	65 000	0
Total Current Debt	530 000	585 000	707 000	224 000
Total Equity and Debt	524 000	513 000	505 000	321 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	95 000	88 000	99 000	104 000
Other Income	1 547 000	1 744 000	1 009 000	1 522 000
Revenue	1 641 000	1 833 000	1 108 000	1 626 000
Cost of Goods Sold	13 000	214 000	75 000	67 000
Salary Costs	302 000	324 000	282 000	363 000
Depreciation	23 000	23 000	15 000	8 000
Impairment	0	0	0	0
Expenditure	1 556 000	1 664 000	1 571 000	1 707 000
Operating Profit	85 000	168 000	−464 000	−81 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	2 000	1 000
Financial Balance	0	−1 000	−2 000	−1 000
Dividends	0	0	0	0
Net Income	66 000	130 000	−364 000	−65 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	29 000	47 000	85 000	17 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	47 000	70 000	93 000	44 000
Total Tangible Assets	47 000	70 000	93 000	44 000
Total Fiancial Fixed Assets	169 000	66 000	66 000	63 000
Total Fixed Assets	244 000	183 000	243 000	124 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	215 000	232 000	168 000	85 000
Total Current Assets	280 000	330 000	262 000	197 000
Total Assets	524 000	513 000	505 000	321 000
Total Equity	−71 000	−137 000	−267 000	97 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	65 000	65 000	65 000	0
Creditors	514 000	540 000	554 000	187 000
Unpaid Taxes	−29 000	2 000	1 000	8 000
Dividends	0	0	0	0
Other Current Debt	46 000	43 000	152 000	29 000
Total Current Debt	530 000	585 000	707 000	224 000
Total Equity and Debt	524 000	513 000	505 000	321 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−92,96 %	−94,89 %	136,33 %	−67,01 %
Debt-to-Equity Ratio	−0,92	−0,47	−0,24	0
Operating Profit Margin	5,18 %	9,17 %	−41,88 %	−4,98 %
Current Ratio	0,53	0,56	0,37	0,88
Quick Ratio	0,53	0,56	0,37	0,88
Equity Ratio	−0,14	−0,27	−0,53	0,3
Gross Profit Margin	99,21 %	88,33 %	93,23 %	95,88 %