LIFA HÅNDTVERK AS

2100 SKARNES

Finances

Share Ownership

Return on Equity

34,89 %

Current Ratio

0,58

Debt-to-Equity Ratio

−0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 262 000	4 179 000	3 516 000	2 141 000
Net Income	−157 000	35 000	−217 000	−229 000
Total Assets	743 000	618 000	518 000	242 000
Total Equity	−450 000	−293 000	−328 000	−110 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 262 000	4 179 000	3 516 000	2 141 000
Expenditure	4 415 000	4 138 000	3 690 000	2 436 000
Operating Profit	−153 000	42 000	−174 000	−294 000
Financial Income	1 000	0	0	0
Financial Costs	5 000	7 000	4 000	0
Financial Balance	−4 000	−7 000	−4 000	0
Earnings Before Tax	−157 000	35 000	−178 000	−294 000
Tax	0	0	39 000	−65 000
Net Income	−157 000	35 000	−217 000	−229 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	87 000	126 000	72 000	168 000
Total Current Assets	657 000	491 000	446 000	74 000
Total Assets	743 000	618 000	518 000	242 000
Total Retained Equity	−480 000	−323 000	−358 000	−140 000
Total Equity	−450 000	−293 000	−328 000	−110 000
Total Long-Term Debt	56 000	167 000	246 000	0
Total Current Debt	1 138 000	744 000	600 000	353 000
Total Equity and Debt	743 000	618 000	518 000	242 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 256 000	4 034 000	3 516 000	2 141 000
Other Income	6 000	145 000	0	0
Revenue	4 262 000	4 179 000	3 516 000	2 141 000
Cost of Goods Sold	991 000	1 366 000	1 333 000	674 000
Salary Costs	2 765 000	2 159 000	1 851 000	1 348 000
Depreciation	34 000	23 000	16 000	14 000
Impairment	0	0	0	0
Expenditure	4 415 000	4 138 000	3 690 000	2 436 000
Operating Profit	−153 000	42 000	−174 000	−294 000
Financial Income	1 000	0	0	0
Financial Costs	5 000	7 000	4 000	0
Financial Balance	−4 000	−7 000	−4 000	0
Dividends	0	0	0	0
Net Income	−157 000	35 000	−217 000	−229 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	63 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	87 000	118 000	48 000	63 000
Total Tangible Assets	87 000	118 000	48 000	63 000
Total Fiancial Fixed Assets	0	8 000	25 000	41 000
Total Fixed Assets	87 000	126 000	72 000	168 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	378 000	322 000	297 000	62 000
Total Current Assets	657 000	491 000	446 000	74 000
Total Assets	743 000	618 000	518 000	242 000
Total Equity	−450 000	−293 000	−328 000	−110 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	56 000	167 000	246 000	0
Creditors	121 000	237 000	245 000	105 000
Unpaid Taxes	335 000	231 000	223 000	134 000
Dividends	0	0	0	0
Other Current Debt	682 000	276 000	132 000	114 000
Total Current Debt	1 138 000	744 000	600 000	353 000
Total Equity and Debt	743 000	618 000	518 000	242 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,89 %	−11,95 %	66,16 %	208,18 %
Debt-to-Equity Ratio	−0,12	−0,57	−0,75	−0
Operating Profit Margin	−3,59 %	1,01 %	−4,95 %	−13,73 %
Current Ratio	0,58	0,66	0,74	0,21
Quick Ratio	0,58	0,66	0,74	0,21
Equity Ratio	−0,61	−0,47	−0,63	−0,45
Gross Profit Margin	76,75 %	67,31 %	62,09 %	68,52 %