LOFOTEN EXTREME AS

1339 VØYENENGA

Finances

Share Ownership

Return on Equity

20,74 %

Current Ratio

37,33

Debt-to-Equity Ratio

−1,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−163 000	−160 000	−172 000	−150 000
Total Assets	349 000	512 000	674 000	848 000
Total Equity	−786 000	−623 000	−463 000	−291 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	161 000	160 000	171 000	147 000
Operating Profit	−161 000	−160 000	−171 000	−147 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	1 000	3 000
Financial Balance	−2 000	0	−1 000	−3 000
Earnings Before Tax	−163 000	−160 000	−172 000	−150 000
Tax	0	0	0	0
Net Income	−163 000	−160 000	−172 000	−150 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	237 000	370 000	502 000	650 000
Total Current Assets	112 000	142 000	172 000	198 000
Total Assets	349 000	512 000	674 000	848 000
Total Retained Equity	−886 000	−723 000	−563 000	−391 000
Total Equity	−786 000	−623 000	−463 000	−291 000
Total Long-Term Debt	1 132 000	1 132 000	1 132 000	1 132 000
Total Current Debt	3 000	2 000	4 000	7 000
Total Equity and Debt	349 000	512 000	674 000	848 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	132 000	132 000	148 000	126 000
Impairment	0	0	0	0
Expenditure	161 000	160 000	171 000	147 000
Operating Profit	−161 000	−160 000	−171 000	−147 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	1 000	3 000
Financial Balance	−2 000	0	−1 000	−3 000
Dividends	0	0	0	0
Net Income	−163 000	−160 000	−172 000	−150 000

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	70 000	149 000	228 000	322 000
Total Tangible Assets	237 000	370 000	502 000	650 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	237 000	370 000	502 000	650 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	3 000	0	13 000
Total Current Assets	112 000	142 000	172 000	198 000
Total Assets	349 000	512 000	674 000	848 000
Total Equity	−786 000	−623 000	−463 000	−291 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 132 000	1 132 000	1 132 000	1 132 000
Creditors	3 000	2 000	4 000	7 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	3 000	2 000	4 000	7 000
Total Equity and Debt	349 000	512 000	674 000	848 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,74 %	25,68 %	37,15 %	51,55 %
Debt-to-Equity Ratio	−1,44	−1,82	−2,44	−3,89
Operating Profit Margin	-	-	-	-
Current Ratio	37,33	71	43	28,29
Quick Ratio	37,33	71	43	28,29
Equity Ratio	−2,25	−1,22	−0,69	−0,34
Gross Profit Margin	-	-	-	-