LOFOTEN APARTMENTS UTVIKLING AS

8310 KABELVÅG

Finances

Share Ownership

Return on Equity

−32,23 %

Current Ratio

1,32

Debt-to-Equity Ratio

−35,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	420 000	300 000	300 000	25 000
Net Income	68 000	−18 000	−7 000	−344 000
Total Assets	7 499 000	7 545 000	7 600 000	7 634 000
Total Equity	−211 000	−280 000	−262 000	−255 000

Income (NOK)	2022	2021	2020	2019
Revenue	420 000	300 000	300 000	25 000
Expenditure	269 000	252 000	233 000	350 000
Operating Profit	151 000	48 000	67 000	−325 000
Financial Income	3 000	3 000	0	0
Financial Costs	86 000	69 000	74 000	19 000
Financial Balance	−83 000	−66 000	−74 000	−19 000
Earnings Before Tax	68 000	−18 000	−7 000	−344 000
Tax	0	0	0	0
Net Income	68 000	−18 000	−7 000	−344 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 289 000	7 412 000	7 449 000	7 570 000
Total Current Assets	210 000	133 000	150 000	64 000
Total Assets	7 499 000	7 545 000	7 600 000	7 634 000
Total Retained Equity	−311 000	−380 000	−362 000	−355 000
Total Equity	−211 000	−280 000	−262 000	−255 000
Total Long-Term Debt	7 552 000	7 671 000	7 605 000	7 575 000
Total Current Debt	159 000	154 000	257 000	313 000
Total Equity and Debt	7 499 000	7 545 000	7 600 000	7 634 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	420 000	300 000	300 000	25 000
Revenue	420 000	300 000	300 000	25 000
Cost of Goods Sold	0	0	0	308 000
Salary Costs	0	0	0	0
Depreciation	164 000	164 000	164 000	20 000
Impairment	0	0	0	0
Expenditure	269 000	252 000	233 000	350 000
Operating Profit	151 000	48 000	67 000	−325 000
Financial Income	3 000	3 000	0	0
Financial Costs	86 000	69 000	74 000	19 000
Financial Balance	−83 000	−66 000	−74 000	−19 000
Dividends	0	0	0	0
Net Income	68 000	−18 000	−7 000	−344 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 289 000	7 412 000	7 449 000	7 570 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	7 289 000	7 412 000	7 449 000	7 570 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 289 000	7 412 000	7 449 000	7 570 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	187 000	110 000	125 000	40 000
Total Current Assets	210 000	133 000	150 000	64 000
Total Assets	7 499 000	7 545 000	7 600 000	7 634 000
Total Equity	−211 000	−280 000	−262 000	−255 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 552 000	7 671 000	7 605 000	7 575 000
Creditors	94 000	87 000	52 000	140 000
Unpaid Taxes	6 000	0	7 000	0
Dividends	0	0	0	0
Other Current Debt	59 000	67 000	198 000	173 000
Total Current Debt	159 000	154 000	257 000	313 000
Total Equity and Debt	7 499 000	7 545 000	7 600 000	7 634 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−32,23 %	6,43 %	2,67 %	134,9 %
Debt-to-Equity Ratio	−35,79	−27,4	−29,03	−29,71
Operating Profit Margin	35,95 %	16 %	22,33 %	−1 300 %
Current Ratio	1,32	0,86	0,58	0,2
Quick Ratio	1,32	0,86	0,58	0,2
Equity Ratio	−0,03	−0,04	−0,03	−0,03
Gross Profit Margin	100 %	100 %	100 %	−1 132 %