LOFOTEN VACATION AS

8360 BØSTAD

Finances

Share Ownership

Return on Equity

74,78 %

Current Ratio

0,34

Debt-to-Equity Ratio

−0,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 865 000	1 378 000	783 000	1 188 000
Net Income	−433 000	95 000	−207 000	24 000
Total Assets	230 000	417 000	416 000	267 000
Total Equity	−579 000	−146 000	−232 000	−25 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 865 000	1 378 000	783 000	1 188 000
Expenditure	3 288 000	1 267 000	971 000	1 181 000
Operating Profit	−422 000	111 000	−188 000	38 000
Financial Income	3 000	3 000	4 000	0
Financial Costs	15 000	19 000	22 000	14 000
Financial Balance	−12 000	−16 000	−18 000	−14 000
Earnings Before Tax	−433 000	95 000	−207 000	24 000
Tax	0	0	0	0
Net Income	−433 000	95 000	−207 000	24 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 000	46 000	114 000	152 000
Total Current Assets	199 000	372 000	301 000	114 000
Total Assets	230 000	417 000	416 000	267 000
Total Retained Equity	−603 000	−170 000	−256 000	−50 000
Total Equity	−579 000	−146 000	−232 000	−25 000
Total Long-Term Debt	227 000	365 000	543 000	162 000
Total Current Debt	582 000	198 000	105 000	130 000
Total Equity and Debt	230 000	417 000	416 000	267 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	92 000	112 000	109 000	104 000
Other Income	2 773 000	1 266 000	673 000	1 084 000
Revenue	2 865 000	1 378 000	783 000	1 188 000
Cost of Goods Sold	690 000	74 000	35 000	76 000
Salary Costs	1 390 000	632 000	513 000	497 000
Depreciation	15 000	10 000	38 000	38 000
Impairment	0	0	0	0
Expenditure	3 288 000	1 267 000	971 000	1 181 000
Operating Profit	−422 000	111 000	−188 000	38 000
Financial Income	3 000	3 000	4 000	0
Financial Costs	15 000	19 000	22 000	14 000
Financial Balance	−12 000	−16 000	−18 000	−14 000
Dividends	0	0	0	0
Net Income	−433 000	95 000	−207 000	24 000

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	31 000	46 000	114 000	152 000
Total Tangible Assets	31 000	46 000	114 000	152 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	31 000	46 000	114 000	152 000
Stock	19 000	14 000	27 000	32 000
Total Investments	0	0	0	0
Cash, Bank	32 000	317 000	260 000	50 000
Total Current Assets	199 000	372 000	301 000	114 000
Total Assets	230 000	417 000	416 000	267 000
Total Equity	−579 000	−146 000	−232 000	−25 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	227 000	365 000	543 000	162 000
Creditors	154 000	98 000	37 000	27 000
Unpaid Taxes	10 000	8 000	3 000	43 000
Dividends	0	0	0	0
Other Current Debt	418 000	92 000	64 000	60 000
Total Current Debt	582 000	198 000	105 000	130 000
Total Equity and Debt	230 000	417 000	416 000	267 000

Financial indicators	2022	2021	2020	2019
Return on Equity	74,78 %	−65,07 %	89,22 %	−96 %
Debt-to-Equity Ratio	−0,39	−2,5	−2,34	−6,48
Operating Profit Margin	−14,73 %	8,06 %	−24,01 %	3,2 %
Current Ratio	0,34	1,88	2,87	0,88
Quick Ratio	0,35	2,02	3,86	1,16
Equity Ratio	−2,52	−0,35	−0,56	−0,09
Gross Profit Margin	75,92 %	94,63 %	95,53 %	93,6 %