LÖFT AS

5004 BERGEN

Finances

Share Ownership

Return on Equity

41,25 %

Current Ratio

1,88

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 955 000	1 379 000	1 705 000
Net Income	99 000	1 000	116 000
Total Assets	422 000	269 000	281 000
Total Equity	240 000	141 000	140 000

Income (NOK)	2022	2021	2020
Revenue	1 955 000	1 379 000	1 705 000
Expenditure	1 826 000	1 378 000	1 558 000
Operating Profit	130 000	1 000	148 000
Financial Income	1 000	0	0
Financial Costs	0	0	0
Financial Balance	1 000	0	0
Earnings Before Tax	130 000	1 000	148 000
Tax	31 000	0	32 000
Net Income	99 000	1 000	116 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	80 000	119 000	117 000
Total Current Assets	343 000	149 000	164 000
Total Assets	422 000	269 000	281 000
Total Retained Equity	216 000	116 000	116 000
Total Equity	240 000	141 000	140 000
Total Long-Term Debt	0	1 000	3 000
Total Current Debt	182 000	127 000	138 000
Total Equity and Debt	422 000	269 000	281 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 842 000	1 198 000	1 394 000
Other Income	113 000	181 000	311 000
Revenue	1 955 000	1 379 000	1 705 000
Cost of Goods Sold	170 000	94 000	367 000
Salary Costs	1 063 000	822 000	670 000
Depreciation	40 000	34 000	16 000
Impairment	0	0	0
Expenditure	1 826 000	1 378 000	1 558 000
Operating Profit	130 000	1 000	148 000
Financial Income	1 000	0	0
Financial Costs	0	0	0
Financial Balance	1 000	0	0
Dividends	0	0	0
Net Income	99 000	1 000	116 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	80 000	119 000	117 000
Total Tangible Assets	80 000	119 000	117 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	80 000	119 000	117 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	234 000	96 000	96 000
Total Current Assets	343 000	149 000	164 000
Total Assets	422 000	269 000	281 000
Total Equity	240 000	141 000	140 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	1 000	3 000
Creditors	14 000	0	1 000
Unpaid Taxes	38 000	49 000	46 000
Dividends	0	0	0
Other Current Debt	98 000	76 000	63 000
Total Current Debt	182 000	127 000	138 000
Total Equity and Debt	422 000	269 000	281 000

Financial indicators	2022	2021	2020
Return on Equity	41,25 %	0,71 %	82,86 %
Debt-to-Equity Ratio	0	0,01	0,02
Operating Profit Margin	6,65 %	0,07 %	8,68 %
Current Ratio	1,88	1,17	1,19
Quick Ratio	1,88	1,17	1,19
Equity Ratio	0,57	0,52	0,5
Gross Profit Margin	91,3 %	93,18 %	78,48 %