LIFEWARE AS

1400 SKI

Finances

Share Ownership

Return on Equity

0 %

Current Ratio

0,9

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	1 974 000	1 812 000
Net Income	0	−220 000	−74 000	190 000
Total Assets	59 000	72 000	597 000	421 000
Total Equity	30 000	30 000	101 000	175 000

Income (NOK)	2021	2020	2019
Revenue	0	1 974 000	1 812 000
Expenditure	220 000	2 096 000	1 574 000
Operating Profit	−220 000	−122 000	238 000
Financial Income	0	81 000	3 000
Financial Costs	0	67 000	5 000
Financial Balance	0	14 000	−2 000
Earnings Before Tax	−220 000	−108 000	236 000
Tax	0	−34 000	46 000
Net Income	−220 000	−74 000	190 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	33 000	38 000	38 000	12 000
Total Current Assets	26 000	34 000	559 000	409 000
Total Assets	59 000	72 000	597 000	421 000
Total Retained Equity	0	0	71 000	145 000
Total Equity	30 000	30 000	101 000	175 000
Total Long-Term Debt	0	0	1 000	3 000
Total Current Debt	29 000	42 000	495 000	243 000
Total Equity and Debt	59 000	72 000	597 000	421 000

Cash flow (NOK)	2021	2020	2019
Sales Income	0	1 974 000	1 805 000
Other Income	0	0	7 000
Revenue	0	1 974 000	1 812 000
Cost of Goods Sold	0	0	0
Salary Costs	155 000	1 973 000	1 449 000
Depreciation	0	15 000	12 000
Impairment	0	0	0
Expenditure	220 000	2 096 000	1 574 000
Operating Profit	−220 000	−122 000	238 000
Financial Income	0	81 000	3 000
Financial Costs	0	67 000	5 000
Financial Balance	0	14 000	−2 000
Dividends	0	0	0
Net Income	−220 000	−74 000	190 000

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	33 000	38 000	38 000	12 000
Total Tangible Assets	33 000	38 000	38 000	12 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	33 000	38 000	38 000	12 000
Stock	0	0	0	0
Total Investments	0	0	21 000	174 000
Cash, Bank	26 000	34 000	495 000	5 000
Total Current Assets	26 000	34 000	559 000	409 000
Total Assets	59 000	72 000	597 000	421 000
Total Equity	30 000	30 000	101 000	175 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 000	3 000
Creditors	0	0	8 000	3 000
Unpaid Taxes	0	0	287 000	46 000
Dividends	0	0	0	0
Other Current Debt	29 000	42 000	199 000	151 000
Total Current Debt	29 000	42 000	495 000	243 000
Total Equity and Debt	59 000	72 000	597 000	421 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0 %	−733,33 %	−73,27 %	108,57 %
Debt-to-Equity Ratio	0	0	0,01	0,02
Operating Profit Margin	-	-	−6,18 %	13,13 %
Current Ratio	0,9	0,81	1,13	1,68
Quick Ratio	0,9	0,81	1,13	1,68
Equity Ratio	0,51	0,42	0,17	0,42
Gross Profit Margin	-	-	100 %	100 %