AREAL LOFOTEN AS

8373 BALLSTAD

Finances

Share Ownership

Return on Equity

13,92 %

Current Ratio

12,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	223 000	125 000	107 000	3 000
Net Income	165 000	1 000	34 000	−10 000
Total Assets	1 279 000	1 030 000	1 028 000	1 068 000
Total Equity	1 185 000	1 020 000	1 019 000	985 000

Income (NOK)	2022	2021	2020	2019
Revenue	223 000	125 000	107 000	3 000
Expenditure	11 000	125 000	67 000	14 000
Operating Profit	212 000	1 000	40 000	−10 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	212 000	1 000	40 000	−10 000
Tax	47 000	0	5 000	0
Net Income	165 000	1 000	34 000	−10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	140 000	242 000	932 000	755 000
Total Current Assets	1 139 000	788 000	96 000	313 000
Total Assets	1 279 000	1 030 000	1 028 000	1 068 000
Total Retained Equity	185 000	20 000	19 000	−15 000
Total Equity	1 185 000	1 020 000	1 019 000	985 000
Total Long-Term Debt	3 000	6 000	5 000	0
Total Current Debt	91 000	4 000	4 000	83 000
Total Equity and Debt	1 279 000	1 030 000	1 028 000	1 068 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	261 000	38 000	89 000	0
Other Income	−38 000	87 000	18 000	3 000
Revenue	223 000	125 000	107 000	3 000
Cost of Goods Sold	−48 000	32 000	0	0
Salary Costs	0	0	0	0
Depreciation	11 000	24 000	14 000	1 000
Impairment	0	0	0	0
Expenditure	11 000	125 000	67 000	14 000
Operating Profit	212 000	1 000	40 000	−10 000
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	165 000	1 000	34 000	−10 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	45 000	45 000	712 000	693 000
Machinery and Plant Facilities	63 000	71 000	80 000	62 000
Fixtures	32 000	0	0	0
Total Tangible Assets	140 000	242 000	932 000	755 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	140 000	242 000	932 000	755 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 119 000	787 000	86 000	313 000
Total Current Assets	1 139 000	788 000	96 000	313 000
Total Assets	1 279 000	1 030 000	1 028 000	1 068 000
Total Equity	1 185 000	1 020 000	1 019 000	985 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	6 000	5 000	0
Creditors	0	1 000	0	65 000
Unpaid Taxes	39 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 000	3 000	3 000	18 000
Total Current Debt	91 000	4 000	4 000	83 000
Total Equity and Debt	1 279 000	1 030 000	1 028 000	1 068 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,92 %	0,1 %	3,34 %	−1,02 %
Debt-to-Equity Ratio	0	0,01	0	0
Operating Profit Margin	95,07 %	0,8 %	37,38 %	−333,33 %
Current Ratio	12,52	197	24	3,77
Quick Ratio	12,52	197	24	3,77
Equity Ratio	0,93	0,99	0,99	0,92
Gross Profit Margin	121,52 %	74,4 %	100 %	100 %