LØKEN FARVE AS

1960 LØKEN

Finances

Share Ownership

Return on Equity

67,86 %

Current Ratio

0,46

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	751 000	698 000	333 000
Net Income	−247 000	281 000	−422 000
Total Assets	509 000	466 000	163 000
Total Equity	−364 000	−117 000	−398 000

Income (NOK)	2022	2021	2020
Revenue	751 000	698 000	333 000
Expenditure	1 069 000	338 000	873 000
Operating Profit	−317 000	360 000	−540 000
Financial Income	1 000	0	0
Financial Costs	0	0	3 000
Financial Balance	1 000	0	−3 000
Earnings Before Tax	−316 000	360 000	−543 000
Tax	−70 000	79 000	−121 000
Net Income	−247 000	281 000	−422 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	111 000	41 000	121 000
Total Current Assets	398 000	424 000	42 000
Total Assets	509 000	466 000	163 000
Total Retained Equity	−389 000	−142 000	−422 000
Total Equity	−364 000	−117 000	−398 000
Total Long-Term Debt	0	0	0
Total Current Debt	873 000	583 000	561 000
Total Equity and Debt	509 000	466 000	163 000

Cash flow (NOK)	2022	2021	2020
Sales Income	751 000	698 000	332 000
Other Income	1 000	0	0
Revenue	751 000	698 000	333 000
Cost of Goods Sold	421 000	79 000	534 000
Salary Costs	204 000	104 000	155 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 069 000	338 000	873 000
Operating Profit	−317 000	360 000	−540 000
Financial Income	1 000	0	0
Financial Costs	0	0	3 000
Financial Balance	1 000	0	−3 000
Dividends	0	0	0
Net Income	−247 000	281 000	−422 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	111 000	41 000	121 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	111 000	41 000	121 000
Stock	289 000	289 000	0
Total Investments	0	0	0
Cash, Bank	29 000	99 000	20 000
Total Current Assets	398 000	424 000	42 000
Total Assets	509 000	466 000	163 000
Total Equity	−364 000	−117 000	−398 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	324 000	7 000	14 000
Unpaid Taxes	2 000	24 000	20 000
Dividends	0	0	0
Other Current Debt	547 000	553 000	570 000
Total Current Debt	873 000	583 000	561 000
Total Equity and Debt	509 000	466 000	163 000

Financial indicators	2022	2021	2020
Return on Equity	67,86 %	−240,17 %	106,03 %
Debt-to-Equity Ratio	−0	−0	−0
Operating Profit Margin	−42,21 %	51,58 %	−162,16 %
Current Ratio	0,46	0,73	0,07
Quick Ratio	0,68	1,44	0,07
Equity Ratio	−0,72	−0,25	−2,44
Gross Profit Margin	43,94 %	88,68 %	−60,36 %