LOFOTEN ISLAND LODGE AS

0286 OSLO

Finances

Share Ownership

Return on Equity

−29,82 %

Current Ratio

14,56

Debt-to-Equity Ratio

2,4

Key figures (NOK)	2022	2021	2020
Revenue	240 000	334 000	304 000
Net Income	−1 043 000	−1 158 000	−1 323 000
Total Assets	11 933 000	12 606 000	15 563 000
Total Equity	3 498 000	4 541 000	698 000

Income (NOK)	2022	2021	2020
Revenue	240 000	334 000	304 000
Expenditure	1 549 000	1 492 000	1 634 000
Operating Profit	−1 309 000	−1 158 000	−1 331 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	−1 309 000	−1 158 000	−1 331 000
Tax	−266 000	0	−7 000
Net Income	−1 043 000	−1 158 000	−1 323 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	11 467 000	12 348 000	13 309 000
Total Current Assets	466 000	258 000	2 254 000
Total Assets	11 933 000	12 606 000	15 563 000
Total Retained Equity	−1 043 000	0	0
Total Equity	3 498 000	4 541 000	698 000
Total Long-Term Debt	8 404 000	8 033 000	13 794 000
Total Current Debt	32 000	32 000	1 071 000
Total Equity and Debt	11 933 000	12 606 000	15 563 000

Cash flow (NOK)	2022	2021	2020
Sales Income	240 000	334 000	304 000
Other Income	0	0	0
Revenue	240 000	334 000	304 000
Cost of Goods Sold	0	0	0
Salary Costs	21 000	19 000	2 000
Depreciation	982 000	977 000	980 000
Impairment	0	0	0
Expenditure	1 549 000	1 492 000	1 634 000
Operating Profit	−1 309 000	−1 158 000	−1 331 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	−1 043 000	−1 158 000	−1 323 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	8 047 000	8 392 000	8 817 000
Machinery and Plant Facilities	0	0	0
Fixtures	152 000	221 000	290 000
Total Tangible Assets	11 467 000	12 348 000	13 309 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	11 467 000	12 348 000	13 309 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	184 000	134 000	65 000
Total Current Assets	466 000	258 000	2 254 000
Total Assets	11 933 000	12 606 000	15 563 000
Total Equity	3 498 000	4 541 000	698 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	8 404 000	8 033 000	13 794 000
Creditors	1 000	2 000	1 000
Unpaid Taxes	0	0	1 000
Dividends	0	0	0
Other Current Debt	31 000	30 000	1 070 000
Total Current Debt	32 000	32 000	1 071 000
Total Equity and Debt	11 933 000	12 606 000	15 563 000

Financial indicators	2022	2021	2020
Return on Equity	−29,82 %	−25,5 %	−189,54 %
Debt-to-Equity Ratio	2,4	1,77	19,76
Operating Profit Margin	−545,42 %	−346,71 %	−437,83 %
Current Ratio	14,56	8,06	2,1
Quick Ratio	14,56	8,06	2,1
Equity Ratio	0,29	0,36	0,04
Gross Profit Margin	100 %	100 %	100 %