LUSTRABAATANE DRIFT AS

6879 SOLVORN

Finances

Share Ownership

Return on Equity

76,33 %

Current Ratio

0,62

Debt-to-Equity Ratio

−0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 766 000	0	0	215 000
Net Income	−761 000	−20 000	−47 000	−148 000
Total Assets	1 367 000	140 000	249 000	380 000
Total Equity	−997 000	−237 000	−217 000	−170 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 766 000	0	0	215 000
Expenditure	6 518 000	9 000	35 000	339 000
Operating Profit	−751 000	−9 000	−35 000	−123 000
Financial Income	0	0	0	0
Financial Costs	9 000	11 000	12 000	25 000
Financial Balance	−9 000	−11 000	−12 000	−25 000
Earnings Before Tax	−761 000	−20 000	−47 000	−148 000
Tax	0	0	0	0
Net Income	−761 000	−20 000	−47 000	−148 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	11 000
Total Current Assets	1 367 000	140 000	249 000	368 000
Total Assets	1 367 000	140 000	249 000	380 000
Total Retained Equity	−1 015 000	−255 000	−235 000	−188 000
Total Equity	−997 000	−237 000	−217 000	−170 000
Total Long-Term Debt	157 000	212 000	225 000	312 000
Total Current Debt	2 207 000	165 000	240 000	238 000
Total Equity and Debt	1 367 000	140 000	249 000	380 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 750 000	0	0	215 000
Other Income	3 016 000	0	0	0
Revenue	5 766 000	0	0	215 000
Cost of Goods Sold	5 544 000	0	0	80 000
Salary Costs	−94 000	−63 000	0	0
Depreciation	0	0	11 000	42 000
Impairment	0	0	0	0
Expenditure	6 518 000	9 000	35 000	339 000
Operating Profit	−751 000	−9 000	−35 000	−123 000
Financial Income	0	0	0	0
Financial Costs	9 000	11 000	12 000	25 000
Financial Balance	−9 000	−11 000	−12 000	−25 000
Dividends	0	0	0	0
Net Income	−761 000	−20 000	−47 000	−148 000

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	11 000
Total Tangible Assets	0	0	0	11 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	11 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	888 000	2 000	31 000	129 000
Total Current Assets	1 367 000	140 000	249 000	368 000
Total Assets	1 367 000	140 000	249 000	380 000
Total Equity	−997 000	−237 000	−217 000	−170 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	157 000	212 000	225 000	312 000
Creditors	2 127 000	0	10 000	9 000
Unpaid Taxes	0	9 000	15 000	15 000
Dividends	0	0	0	0
Other Current Debt	80 000	156 000	215 000	213 000
Total Current Debt	2 207 000	165 000	240 000	238 000
Total Equity and Debt	1 367 000	140 000	249 000	380 000

Financial indicators	2022	2021	2020	2019
Return on Equity	76,33 %	8,44 %	21,66 %	87,06 %
Debt-to-Equity Ratio	−0,16	−0,89	−1,04	−1,84
Operating Profit Margin	−13,02 %	-	-	−57,21 %
Current Ratio	0,62	0,85	1,04	1,55
Quick Ratio	0,62	0,85	1,04	1,55
Equity Ratio	−0,73	−1,69	−0,87	−0,45
Gross Profit Margin	3,85 %	-	-	62,79 %