LOFOTEN ISLANDS AS

8370 LEKNES

Finances

Return on Equity

102,34 %

Current Ratio

0,11

Debt-to-Equity Ratio

18,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 246 000	207 000	484 000	85 000
Net Income	1 529 000	−237 000	49 000	−66 000
Total Assets	31 386 000	24 658 000	8 160 000	3 102 000
Total Equity	1 494 000	−35 000	202 000	153 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 246 000	207 000	484 000	85 000
Expenditure	571 000	135 000	287 000	109 000
Operating Profit	3 675 000	72 000	198 000	−24 000
Financial Income	0	131 000	0	0
Financial Costs	1 754 000	439 000	149 000	41 000
Financial Balance	−1 754 000	−308 000	−149 000	−41 000
Earnings Before Tax	1 920 000	−237 000	49 000	−66 000
Tax	391 000	0	0	0
Net Income	1 529 000	−237 000	49 000	−66 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 150 000	14 848 000	5 000 000	3 063 000
Total Current Assets	236 000	9 810 000	3 160 000	39 000
Total Assets	31 386 000	24 658 000	8 160 000	3 102 000
Total Retained Equity	1 264 000	−265 000	−28 000	−77 000
Total Equity	1 494 000	−35 000	202 000	153 000
Total Long-Term Debt	27 708 000	17 979 000	7 775 000	2 905 000
Total Current Debt	2 183 000	6 713 000	183 000	43 000
Total Equity and Debt	31 386 000	24 658 000	8 160 000	3 102 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	842 000	207 000	315 000	0
Other Income	3 404 000	0	170 000	85 000
Revenue	4 246 000	207 000	484 000	85 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	129 000	0	78 000	33 000
Impairment	0	0	0	0
Expenditure	571 000	135 000	287 000	109 000
Operating Profit	3 675 000	72 000	198 000	−24 000
Financial Income	0	131 000	0	0
Financial Costs	1 754 000	439 000	149 000	41 000
Financial Balance	−1 754 000	−308 000	−149 000	−41 000
Dividends	0	0	0	0
Net Income	1 529 000	−237 000	49 000	−66 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	15 330 000	0	0	3 063 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	15 330 000	0	0	3 063 000
Total Fiancial Fixed Assets	15 820 000	14 848 000	5 000 000	0
Total Fixed Assets	31 150 000	14 848 000	5 000 000	3 063 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	102 000	0	23 000	35 000
Total Current Assets	236 000	9 810 000	3 160 000	39 000
Total Assets	31 386 000	24 658 000	8 160 000	3 102 000
Total Equity	1 494 000	−35 000	202 000	153 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	27 708 000	17 979 000	7 775 000	2 905 000
Creditors	291 000	15 000	22 000	23 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 892 000	6 698 000	161 000	21 000
Total Current Debt	2 183 000	6 713 000	183 000	43 000
Total Equity and Debt	31 386 000	24 658 000	8 160 000	3 102 000

Financial indicators	2022	2021	2020	2019
Return on Equity	102,34 %	677,14 %	24,26 %	−43,14 %
Debt-to-Equity Ratio	18,55	−513,69	38,49	18,99
Operating Profit Margin	86,55 %	34,78 %	40,91 %	−28,24 %
Current Ratio	0,11	1,46	17,27	0,91
Quick Ratio	0,11	1,46	17,27	0,91
Equity Ratio	0,05	−0	0,02	0,05
Gross Profit Margin	100 %	100 %	100 %	100 %