LOFOTEN NORWAY AS

8315 LAUKVIK

Finances

Share Ownership

Return on Equity

−7,41 %

Current Ratio

0,21

Debt-to-Equity Ratio

−17,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	88 000	37 000	0	0
Net Income	2 000	−44 000	−149 000	−43 000
Total Assets	645 000	683 000	767 000	986 000
Total Equity	−27 000	−29 000	15 000	164 000

Income (NOK)	2022	2021	2020	2019
Revenue	88 000	37 000	0	0
Expenditure	61 000	60 000	123 000	20 000
Operating Profit	27 000	−23 000	−124 000	−20 000
Financial Income	0	0	0	0
Financial Costs	25 000	22 000	25 000	22 000
Financial Balance	−25 000	−22 000	−25 000	−22 000
Earnings Before Tax	2 000	−44 000	−149 000	−43 000
Tax	0	0	0	0
Net Income	2 000	−44 000	−149 000	−43 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	601 000	622 000	643 000	481 000
Total Current Assets	43 000	61 000	124 000	505 000
Total Assets	645 000	683 000	767 000	986 000
Total Retained Equity	−267 000	−269 000	−225 000	−76 000
Total Equity	−27 000	−29 000	15 000	164 000
Total Long-Term Debt	463 000	503 000	543 000	583 000
Total Current Debt	209 000	209 000	209 000	239 000
Total Equity and Debt	645 000	683 000	767 000	986 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	88 000	37 000	0	0
Revenue	88 000	37 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	21 000	21 000	12 000	0
Impairment	0	0	0	0
Expenditure	61 000	60 000	123 000	20 000
Operating Profit	27 000	−23 000	−124 000	−20 000
Financial Income	0	0	0	0
Financial Costs	25 000	22 000	25 000	22 000
Financial Balance	−25 000	−22 000	−25 000	−22 000
Dividends	0	0	0	0
Net Income	2 000	−44 000	−149 000	−43 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	493 000	496 000	498 000	481 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	23 000	30 000	36 000	0
Total Tangible Assets	601 000	622 000	643 000	481 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	601 000	622 000	643 000	481 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	38 000	55 000	109 000	500 000
Total Current Assets	43 000	61 000	124 000	505 000
Total Assets	645 000	683 000	767 000	986 000
Total Equity	−27 000	−29 000	15 000	164 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	463 000	503 000	543 000	583 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	209 000	209 000	209 000	239 000
Total Current Debt	209 000	209 000	209 000	239 000
Total Equity and Debt	645 000	683 000	767 000	986 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,41 %	151,72 %	−993,33 %	−26,22 %
Debt-to-Equity Ratio	−17,15	−17,34	36,2	3,55
Operating Profit Margin	30,68 %	−62,16 %	-	-
Current Ratio	0,21	0,29	0,59	2,11
Quick Ratio	0,21	0,29	0,59	2,11
Equity Ratio	−0,04	−0,04	0,02	0,17
Gross Profit Margin	100 %	100 %	-	-