GALLERI LOFOTEN AS

8312 HENNINGSVÆR

Finances

Return on Equity

−74,97 %

Current Ratio

28,11

Debt-to-Equity Ratio

5,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 367 000	1 641 000	1 394 000	1 617 000
Net Income	−560 000	−592 000	−896 000	−686 000
Total Assets	4 835 000	4 839 000	5 703 000	5 055 000
Total Equity	747 000	762 000	788 000	1 684 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 367 000	1 641 000	1 394 000	1 617 000
Expenditure	2 063 000	2 384 000	2 510 000	2 426 000
Operating Profit	−695 000	−744 000	−1 116 000	−809 000
Financial Income	1 000	0	0	1 000
Financial Costs	23 000	15 000	30 000	62 000
Financial Balance	−22 000	−15 000	−30 000	−61 000
Earnings Before Tax	−717 000	−759 000	−1 146 000	−870 000
Tax	−157 000	−167 000	−249 000	−185 000
Net Income	−560 000	−592 000	−896 000	−686 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	4 835 000	4 839 000	5 703 000	5 055 000
Total Assets	4 835 000	4 839 000	5 703 000	5 055 000
Total Retained Equity	0	0	0	1 627 000
Total Equity	747 000	762 000	788 000	1 684 000
Total Long-Term Debt	3 916 000	3 919 000	3 926 000	2 480 000
Total Current Debt	172 000	159 000	990 000	891 000
Total Equity and Debt	4 835 000	4 839 000	5 703 000	5 055 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	859 000	1 133 000	894 000	1 112 000
Other Income	509 000	508 000	500 000	505 000
Revenue	1 367 000	1 641 000	1 394 000	1 617 000
Cost of Goods Sold	107 000	483 000	269 000	450 000
Salary Costs	630 000	535 000	457 000	713 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 063 000	2 384 000	2 510 000	2 426 000
Operating Profit	−695 000	−744 000	−1 116 000	−809 000
Financial Income	1 000	0	0	1 000
Financial Costs	23 000	15 000	30 000	62 000
Financial Balance	−22 000	−15 000	−30 000	−61 000
Dividends	0	0	0	0
Net Income	−560 000	−592 000	−896 000	−686 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	817 000	765 000	1 001 000	888 000
Total Investments	0	0	0	0
Cash, Bank	3 221 000	3 256 000	3 420 000	1 644 000
Total Current Assets	4 835 000	4 839 000	5 703 000	5 055 000
Total Assets	4 835 000	4 839 000	5 703 000	5 055 000
Total Equity	747 000	762 000	788 000	1 684 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 916 000	3 919 000	3 926 000	2 480 000
Creditors	76 000	86 000	36 000	711 000
Unpaid Taxes	23 000	17 000	32 000	29 000
Dividends	0	0	0	0
Other Current Debt	72 000	56 000	922 000	151 000
Total Current Debt	172 000	159 000	990 000	891 000
Total Equity and Debt	4 835 000	4 839 000	5 703 000	5 055 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−74,97 %	−77,69 %	−113,71 %	−40,74 %
Debt-to-Equity Ratio	5,24	5,14	4,98	1,47
Operating Profit Margin	−50,84 %	−45,34 %	−80,06 %	−50,03 %
Current Ratio	28,11	30,43	5,76	5,67
Quick Ratio	−7,5	−7,99	−518,45	1 685
Equity Ratio	0,15	0,16	0,14	0,33
Gross Profit Margin	92,17 %	70,57 %	80,7 %	72,17 %