MIDT-LOFOTEN EIENDOM AS

8370 LEKNES

Finances

Share Ownership

Return on Equity

−40,78 %

Current Ratio

1,65

Debt-to-Equity Ratio

−9,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	789 000	1 320 000	911 000	702 000
Net Income	427 000	909 000	−528 000	−615 000
Total Assets	9 357 000	9 293 000	7 556 000	7 437 000
Total Equity	−1 047 000	−1 603 000	−2 610 000	−2 221 000

Income (NOK)	2022	2021	2020	2019
Revenue	789 000	1 320 000	911 000	702 000
Expenditure	301 000	362 000	1 335 000	1 060 000
Operating Profit	489 000	957 000	−425 000	−358 000
Financial Income	0	0	0	0
Financial Costs	62 000	48 000	103 000	257 000
Financial Balance	−62 000	−48 000	−103 000	−257 000
Earnings Before Tax	427 000	909 000	−528 000	−615 000
Tax	0	0	0	0
Net Income	427 000	909 000	−528 000	−615 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 195 000	9 195 000	7 333 000	7 333 000
Total Current Assets	162 000	98 000	223 000	104 000
Total Assets	9 357 000	9 293 000	7 556 000	7 437 000
Total Retained Equity	−1 077 000	−1 633 000	−2 640 000	−2 251 000
Total Equity	−1 047 000	−1 603 000	−2 610 000	−2 221 000
Total Long-Term Debt	10 305 000	10 817 000	9 878 000	9 308 000
Total Current Debt	98 000	80 000	289 000	350 000
Total Equity and Debt	9 357 000	9 293 000	7 556 000	7 437 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	789 000	1 320 000	911 000	702 000
Revenue	789 000	1 320 000	911 000	702 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	97 000	496 000	372 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	301 000	362 000	1 335 000	1 060 000
Operating Profit	489 000	957 000	−425 000	−358 000
Financial Income	0	0	0	0
Financial Costs	62 000	48 000	103 000	257 000
Financial Balance	−62 000	−48 000	−103 000	−257 000
Dividends	0	0	0	0
Net Income	427 000	909 000	−528 000	−615 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 195 000	9 195 000	7 333 000	7 333 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	9 195 000	9 195 000	7 333 000	7 333 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 195 000	9 195 000	7 333 000	7 333 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	31 000	0	78 000	17 000
Total Current Assets	162 000	98 000	223 000	104 000
Total Assets	9 357 000	9 293 000	7 556 000	7 437 000
Total Equity	−1 047 000	−1 603 000	−2 610 000	−2 221 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 305 000	10 817 000	9 878 000	9 308 000
Creditors	0	0	0	0
Unpaid Taxes	40 000	52 000	144 000	71 000
Dividends	0	0	0	0
Other Current Debt	58 000	28 000	145 000	279 000
Total Current Debt	98 000	80 000	289 000	350 000
Total Equity and Debt	9 357 000	9 293 000	7 556 000	7 437 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−40,78 %	−56,71 %	20,23 %	27,69 %
Debt-to-Equity Ratio	−9,84	−6,75	−3,78	−4,19
Operating Profit Margin	61,98 %	72,5 %	−46,65 %	−51 %
Current Ratio	1,65	1,23	0,77	0,3
Quick Ratio	1,65	1,23	0,77	0,3
Equity Ratio	−0,11	−0,17	−0,35	−0,3
Gross Profit Margin	100 %	100 %	100 %	100 %