LMC GLOBAL DRIFT AS

0653 OSLO

Finances

Share Ownership

Return on Equity

22,7 %

Current Ratio

Debt-to-Equity Ratio

−0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	96 000	852 000	208 000
Net Income	−116 000	−446 000	−81 000	28 000
Total Assets	420 000	642 000	686 000	274 000
Total Equity	−511 000	−396 000	50 000	131 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	96 000	852 000	208 000
Expenditure	116 000	538 000	933 000	172 000
Operating Profit	−116 000	−441 000	−81 000	36 000
Financial Income	0	0	0	0
Financial Costs	0	5 000	0	0
Financial Balance	0	−5 000	0	0
Earnings Before Tax	−116 000	−446 000	−81 000	36 000
Tax	0	0	0	8 000
Net Income	−116 000	−446 000	−81 000	28 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	420 000	525 000	656 000	0
Total Current Assets	0	118 000	30 000	274 000
Total Assets	420 000	642 000	686 000	274 000
Total Retained Equity	−541 000	−426 000	20 000	101 000
Total Equity	−511 000	−396 000	50 000	131 000
Total Long-Term Debt	82 000	116 000	177 000	104 000
Total Current Debt	850 000	922 000	459 000	38 000
Total Equity and Debt	420 000	642 000	686 000	274 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	96 000	852 000	208 000
Revenue	0	96 000	852 000	208 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	105 000	131 000	164 000	0
Impairment	0	0	0	0
Expenditure	116 000	538 000	933 000	172 000
Operating Profit	−116 000	−441 000	−81 000	36 000
Financial Income	0	0	0	0
Financial Costs	0	5 000	0	0
Financial Balance	0	−5 000	0	0
Dividends	0	0	0	0
Net Income	−116 000	−446 000	−81 000	28 000

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	420 000	525 000	656 000	0
Total Tangible Assets	420 000	525 000	656 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	420 000	525 000	656 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	44 000	0	0
Total Current Assets	0	118 000	30 000	274 000
Total Assets	420 000	642 000	686 000	274 000
Total Equity	−511 000	−396 000	50 000	131 000
Short-Term Group Debt	0	0	0	36 000
Total Long-Term Debt	82 000	116 000	177 000	104 000
Creditors	851 000	922 000	451 000	0
Unpaid Taxes	−2 000	0	8 000	3 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	850 000	922 000	459 000	38 000
Total Equity and Debt	420 000	642 000	686 000	274 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,7 %	112,63 %	−162 %	21,37 %
Debt-to-Equity Ratio	−0,16	−0,29	3,54	0,79
Operating Profit Margin	-	−459,38 %	−9,51 %	17,31 %
Current Ratio	0	0,13	0,07	7,21
Quick Ratio	0	0,13	0,07	7,21
Equity Ratio	−1,22	−0,62	0,07	0,48
Gross Profit Margin	-	100 %	100 %	100 %