LIFJELL HYTTESERVICE AS

3111 TØNSBERG

Finances

Return on Equity

242,86 %

Current Ratio

0,51

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	764 000	130 000	168 000	536 000
Net Income	34 000	66 000	81 000	−182 000
Total Assets	153 000	110 000	0	0
Total Equity	14 000	−20 000	−86 000	−167 000

Income (NOK)	2021	2020	2019	2018
Revenue	764 000	130 000	168 000	536 000
Expenditure	731 000	60 000	82 000	712 000
Operating Profit	34 000	69 000	86 000	−176 000
Financial Income	0	0	0	0
Financial Costs	0	3 000	5 000	6 000
Financial Balance	0	−3 000	−5 000	−6 000
Earnings Before Tax	34 000	66 000	81 000	−182 000
Tax	0	0	0	0
Net Income	34 000	66 000	81 000	−182 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	82 000	82 000	0	0
Total Current Assets	72 000	28 000	0	0
Total Assets	153 000	110 000	0	0
Total Retained Equity	−16 000	−50 000	−116 000	−197 000
Total Equity	14 000	−20 000	−86 000	−167 000
Total Long-Term Debt	0	14 000	0	0
Total Current Debt	140 000	115 000	86 000	167 000
Total Equity and Debt	153 000	110 000	0	0

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	764 000	130 000	168 000	536 000
Other Income	0	0	0	0
Revenue	764 000	130 000	168 000	536 000
Cost of Goods Sold	7 000	5 000	0	16 000
Salary Costs	578 000	8 000	9 000	470 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	731 000	60 000	82 000	712 000
Operating Profit	34 000	69 000	86 000	−176 000
Financial Income	0	0	0	0
Financial Costs	0	3 000	5 000	6 000
Financial Balance	0	−3 000	−5 000	−6 000
Dividends	0	0	0	0
Net Income	34 000	66 000	81 000	−182 000

Balance details (NOK)	2021	2020	2019	2018
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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	82 000	82 000	0	0
Total Fixed Assets	82 000	82 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	68 000	28 000	0	0
Total Current Assets	72 000	28 000	0	0
Total Assets	153 000	110 000	0	0
Total Equity	14 000	−20 000	−86 000	−167 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	14 000	0	0
Creditors	8 000	5 000	17 000	38 000
Unpaid Taxes	86 000	29 000	7 000	33 000
Dividends	0	0	0	0
Other Current Debt	46 000	82 000	12 000	46 000
Total Current Debt	140 000	115 000	86 000	167 000
Total Equity and Debt	153 000	110 000	0	0

Financial indicators	2021	2020	2019	2018
Return on Equity	242,86 %	−330 %	−94,19 %	108,98 %
Debt-to-Equity Ratio	0	−0,7	−0	−0
Operating Profit Margin	4,45 %	53,08 %	51,19 %	−32,84 %
Current Ratio	0,51	0,24	0	0
Quick Ratio	0,51	0,24	0	0
Equity Ratio	0,09	−0,18	-	-
Gross Profit Margin	99,08 %	96,15 %	100 %	97,01 %