LOCATION LOFOTEN AS

8310 KABELVÅG

Finances

Share Ownership

Return on Equity

18 %

Current Ratio

2,04

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	127 000	103 000	61 000	57 000
Net Income	18 000	54 000	−25 000	23 000
Total Assets	169 000	96 000	39 000	65 000
Total Equity	100 000	82 000	27 000	52 000

Income (NOK)	2022	2021	2020	2019
Revenue	127 000	103 000	61 000	57 000
Expenditure	104 000	34 000	93 000	34 000
Operating Profit	23 000	70 000	−32 000	23 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	23 000	70 000	−32 000	23 000
Tax	5 000	15 000	−7 000	−1 000
Net Income	18 000	54 000	−25 000	23 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 000	35 000	8 000	1 000
Total Current Assets	141 000	61 000	32 000	65 000
Total Assets	169 000	96 000	39 000	65 000
Total Retained Equity	70 000	52 000	−3 000	22 000
Total Equity	100 000	82 000	27 000	52 000
Total Long-Term Debt	1 000	1 000	0	0
Total Current Debt	69 000	14 000	12 000	13 000
Total Equity and Debt	169 000	96 000	39 000	65 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	127 000	103 000	61 000	57 000
Other Income	0	0	0	0
Revenue	127 000	103 000	61 000	57 000
Cost of Goods Sold	52 000	2 000	35 000	21 000
Salary Costs	0	0	0	0
Depreciation	8 000	4 000	0	0
Impairment	0	0	0	0
Expenditure	104 000	34 000	93 000	34 000
Operating Profit	23 000	70 000	−32 000	23 000
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	18 000	54 000	−25 000	23 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	8 000	1 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	27 000	35 000	0	0
Total Tangible Assets	27 000	35 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	27 000	35 000	8 000	1 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	116 000	61 000	32 000	49 000
Total Current Assets	141 000	61 000	32 000	65 000
Total Assets	169 000	96 000	39 000	65 000
Total Equity	100 000	82 000	27 000	52 000
Short-Term Group Debt	31 000	0	0	0
Total Long-Term Debt	1 000	1 000	0	0
Creditors	12 000	−1 000	2 000	1 000
Unpaid Taxes	20 000	1 000	4 000	6 000
Dividends	0	0	0	0
Other Current Debt	0	6 000	6 000	6 000
Total Current Debt	69 000	14 000	12 000	13 000
Total Equity and Debt	169 000	96 000	39 000	65 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18 %	65,85 %	−92,59 %	44,23 %
Debt-to-Equity Ratio	0,01	0,01	0	0
Operating Profit Margin	18,11 %	67,96 %	−52,46 %	40,35 %
Current Ratio	2,04	4,36	2,67	5
Quick Ratio	2,04	4,36	2,67	5
Equity Ratio	0,59	0,85	0,69	0,8
Gross Profit Margin	59,06 %	98,06 %	42,62 %	63,16 %