LOKE MARINE MINERALS AS

4005 STAVANGER

Finances

Share Ownership

Return on Equity

−24,92 %

Current Ratio

3,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	0	1 750 000	798 000
Net Income	−13 343 000	−12 589 000	−1 034 000
Total Assets	70 794 000	63 290 000	1 937 000
Total Equity	53 542 000	60 805 000	450 000

Income (NOK)	2022	2021	2020
Revenue	0	1 750 000	798 000
Expenditure	13 656 000	14 047 000	2 121 000
Operating Profit	−13 656 000	−12 297 000	−1 323 000
Financial Income	340 000	4 000	0
Financial Costs	27 000	5 000	3 000
Financial Balance	313 000	−1 000	−3 000
Earnings Before Tax	−13 343 000	−12 298 000	−1 326 000
Tax	0	292 000	−292 000
Net Income	−13 343 000	−12 589 000	−1 034 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	13 680 000	0	292 000
Total Current Assets	57 114 000	63 290 000	1 645 000
Total Assets	70 794 000	63 290 000	1 937 000
Total Retained Equity	0	−13 624 000	−1 034 000
Total Equity	53 542 000	60 805 000	450 000
Total Long-Term Debt	0	0	0
Total Current Debt	17 252 000	2 485 000	1 487 000
Total Equity and Debt	70 794 000	63 290 000	1 937 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	70 000	78 000
Other Income	0	1 680 000	720 000
Revenue	0	1 750 000	798 000
Cost of Goods Sold	0	0	1 153 000
Salary Costs	6 505 000	1 804 000	34 000
Depreciation	35 000	0	0
Impairment	0	0	0
Expenditure	13 656 000	14 047 000	2 121 000
Operating Profit	−13 656 000	−12 297 000	−1 323 000
Financial Income	340 000	4 000	0
Financial Costs	27 000	5 000	3 000
Financial Balance	313 000	−1 000	−3 000
Dividends	0	0	0
Net Income	−13 343 000	−12 589 000	−1 034 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	13 537 000	0	292 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	142 000	0	0
Total Tangible Assets	142 000	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	13 680 000	0	292 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	47 725 000	62 644 000	1 197 000
Total Current Assets	57 114 000	63 290 000	1 645 000
Total Assets	70 794 000	63 290 000	1 937 000
Total Equity	53 542 000	60 805 000	450 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	16 014 000	1 913 000	1 427 000
Unpaid Taxes	545 000	355 000	7 000
Dividends	0	0	0
Other Current Debt	692 000	217 000	52 000
Total Current Debt	17 252 000	2 485 000	1 487 000
Total Equity and Debt	70 794 000	63 290 000	1 937 000

Financial indicators	2022	2021	2020
Return on Equity	−24,92 %	−20,7 %	−229,78 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	-	−702,69 %	−165,79 %
Current Ratio	3,31	25,47	1,11
Quick Ratio	3,31	25,47	1,11
Equity Ratio	0,76	0,96	0,23
Gross Profit Margin	-	100 %	−44,49 %