LIVE LOCAL AS

8387 FREDVANG

Finances

Share Ownership

Return on Equity

−58,48 %

Current Ratio

0,09

Debt-to-Equity Ratio

11,97

Key figures (NOK)	2022	2021	2020
Revenue	241 000	52 000	22 000
Net Income	−169 000	−52 000	−21 000
Total Assets	4 098 000	1 558 000	10 000
Total Equity	289 000	457 000	9 000

Income (NOK)	2022	2021	2020
Revenue	241 000	52 000	22 000
Expenditure	255 000	104 000	43 000
Operating Profit	−14 000	−52 000	−21 000
Financial Income	1 000	0	0
Financial Costs	155 000	0	0
Financial Balance	−154 000	0	0
Earnings Before Tax	−169 000	−52 000	−21 000
Tax	0	0	0
Net Income	−169 000	−52 000	−21 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	4 067 000	1 538 000	0
Total Current Assets	31 000	20 000	10 000
Total Assets	4 098 000	1 558 000	10 000
Total Retained Equity	−241 000	−73 000	−21 000
Total Equity	289 000	457 000	9 000
Total Long-Term Debt	3 459 000	1 000 000	0
Total Current Debt	350 000	101 000	1 000
Total Equity and Debt	4 098 000	1 558 000	10 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	22 000
Other Income	241 000	52 000	0
Revenue	241 000	52 000	22 000
Cost of Goods Sold	96 000	46 000	37 000
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	255 000	104 000	43 000
Operating Profit	−14 000	−52 000	−21 000
Financial Income	1 000	0	0
Financial Costs	155 000	0	0
Financial Balance	−154 000	0	0
Dividends	0	0	0
Net Income	−169 000	−52 000	−21 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	4 067 000	1 538 000	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	4 067 000	1 538 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	4 067 000	1 538 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	31 000	20 000	10 000
Total Current Assets	31 000	20 000	10 000
Total Assets	4 098 000	1 558 000	10 000
Total Equity	289 000	457 000	9 000
Short-Term Group Debt	185 000	60 000	0
Total Long-Term Debt	3 459 000	1 000 000	0
Creditors	9 000	3 000	1 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	155 000	38 000	0
Total Current Debt	350 000	101 000	1 000
Total Equity and Debt	4 098 000	1 558 000	10 000

Financial indicators	2022	2021	2020
Return on Equity	−58,48 %	−11,38 %	−233,33 %
Debt-to-Equity Ratio	11,97	2,19	0
Operating Profit Margin	−5,81 %	−100 %	−95,45 %
Current Ratio	0,09	0,2	10
Quick Ratio	0,09	0,2	10
Equity Ratio	0,07	0,29	0,9
Gross Profit Margin	60,17 %	11,54 %	−68,18 %