LOFOTEN ESCAPE & ADVENTURES AS

8300 SVOLVÆR

Finances

Share Ownership

Return on Equity

8,74 %

Current Ratio

3,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	468 000	541 000	303 000	157 000
Net Income	16 000	105 000	89 000	−52 000
Total Assets	251 000	245 000	156 000	144 000
Total Equity	183 000	167 000	62 000	−28 000

Income (NOK)	2022	2021	2020	2019
Revenue	468 000	541 000	303 000	157 000
Expenditure	448 000	397 000	214 000	208 000
Operating Profit	21 000	144 000	89 000	−52 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	21 000	144 000	89 000	−52 000
Tax	5 000	39 000	0	0
Net Income	16 000	105 000	89 000	−52 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 000	0	0	0
Total Current Assets	248 000	245 000	156 000	144 000
Total Assets	251 000	245 000	156 000	144 000
Total Retained Equity	153 000	142 000	37 000	−52 000
Total Equity	183 000	167 000	62 000	−28 000
Total Long-Term Debt	0	−3 000	28 000	40 000
Total Current Debt	69 000	81 000	66 000	131 000
Total Equity and Debt	251 000	245 000	156 000	144 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	416 000	516 000	279 000	117 000
Other Income	52 000	25 000	23 000	40 000
Revenue	468 000	541 000	303 000	157 000
Cost of Goods Sold	16 000	16 000	0	0
Salary Costs	175 000	199 000	48 000	18 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	448 000	397 000	214 000	208 000
Operating Profit	21 000	144 000	89 000	−52 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	16 000	105 000	89 000	−52 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	3 000	0	0	0
Total Fixed Assets	3 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	237 000	229 000	157 000	142 000
Total Current Assets	248 000	245 000	156 000	144 000
Total Assets	251 000	245 000	156 000	144 000
Total Equity	183 000	167 000	62 000	−28 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	−3 000	28 000	40 000
Creditors	0	5 000	6 000	21 000
Unpaid Taxes	11 000	5 000	−3 000	2 000
Dividends	0	0	0	0
Other Current Debt	46 000	39 000	63 000	109 000
Total Current Debt	69 000	81 000	66 000	131 000
Total Equity and Debt	251 000	245 000	156 000	144 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,74 %	62,87 %	143,55 %	185,71 %
Debt-to-Equity Ratio	0	−0,02	0,45	−1,43
Operating Profit Margin	4,49 %	26,62 %	29,37 %	−33,12 %
Current Ratio	3,59	3,02	2,36	1,1
Quick Ratio	3,59	3,02	2,36	1,1
Equity Ratio	0,73	0,68	0,4	−0,19
Gross Profit Margin	96,58 %	97,04 %	100 %	100 %