LOFOTEN FILM COLLECTIVE AS

8310 KABELVÅG

Finances

Share Ownership

Return on Equity

102,06 %

Current Ratio

−1,36

Debt-to-Equity Ratio

−1,8

Key figures (NOK)	2022	2021	2020
Revenue	5 830 000	4 937 000	1 170 000
Net Income	−1 090 000	36 000	−46 000
Total Assets	2 491 000	565 000	294 000
Total Equity	−1 068 000	22 000	−14 000

Income (NOK)	2022	2021	2020
Revenue	5 830 000	4 937 000	1 170 000
Expenditure	6 900 000	4 894 000	1 216 000
Operating Profit	−1 071 000	42 000	−46 000
Financial Income	9 000	2 000	0
Financial Costs	28 000	9 000	0
Financial Balance	−19 000	−7 000	0
Earnings Before Tax	−1 090 000	36 000	−46 000
Tax	0	0	0
Net Income	−1 090 000	36 000	−46 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	4 722 000	214 000	113 000
Total Current Assets	−2 230 000	351 000	182 000
Total Assets	2 491 000	565 000	294 000
Total Retained Equity	−1 100 000	−10 000	−46 000
Total Equity	−1 068 000	22 000	−14 000
Total Long-Term Debt	1 919 000	0	0
Total Current Debt	1 640 000	543 000	308 000
Total Equity and Debt	2 491 000	565 000	294 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 894 000	3 966 000	1 170 000
Other Income	1 936 000	971 000	0
Revenue	5 830 000	4 937 000	1 170 000
Cost of Goods Sold	1 726 000	1 885 000	899 000
Salary Costs	3 286 000	1 697 000	0
Depreciation	220 000	41 000	0
Impairment	60 000	0	0
Expenditure	6 900 000	4 894 000	1 216 000
Operating Profit	−1 071 000	42 000	−46 000
Financial Income	9 000	2 000	0
Financial Costs	28 000	9 000	0
Financial Balance	−19 000	−7 000	0
Dividends	0	0	0
Net Income	−1 090 000	36 000	−46 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	3 370 000	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	1 352 000	214 000	0
Fixtures	0	0	113 000
Total Tangible Assets	1 352 000	214 000	113 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	4 722 000	214 000	113 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	−185 000	343 000	167 000
Total Current Assets	−2 230 000	351 000	182 000
Total Assets	2 491 000	565 000	294 000
Total Equity	−1 068 000	22 000	−14 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 919 000	0	0
Creditors	1 324 000	125 000	71 000
Unpaid Taxes	−89 000	99 000	−15 000
Dividends	0	0	0
Other Current Debt	405 000	319 000	252 000
Total Current Debt	1 640 000	543 000	308 000
Total Equity and Debt	2 491 000	565 000	294 000

Financial indicators	2022	2021	2020
Return on Equity	102,06 %	163,64 %	328,57 %
Debt-to-Equity Ratio	−1,8	0	−0
Operating Profit Margin	−18,37 %	0,85 %	−3,93 %
Current Ratio	−1,36	0,65	0,59
Quick Ratio	−1,36	0,65	0,59
Equity Ratio	−0,43	0,04	−0,05
Gross Profit Margin	70,39 %	61,82 %	23,16 %