LIVING FLAMES AS

7024 TRONDHEIM

Finances

Share Ownership

Return on Equity

95,21 %

Current Ratio

0,65

Debt-to-Equity Ratio

−0,3

Key figures (NOK)	2022	2021	2020
Revenue	1 655 000	2 867 000	383 000
Net Income	−854 000	191 000	−259 000
Total Assets	1 867 000	2 808 000	645 000
Total Equity	−897 000	−43 000	−234 000

Income (NOK)	2022	2021	2020
Revenue	1 655 000	2 867 000	383 000
Expenditure	2 322 000	2 581 000	619 000
Operating Profit	−667 000	286 000	−235 000
Financial Income	0	1 000	0
Financial Costs	187 000	96 000	23 000
Financial Balance	−187 000	−95 000	−23 000
Earnings Before Tax	−854 000	191 000	−259 000
Tax	0	0	0
Net Income	−854 000	191 000	−259 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	250 000	951 000	352 000
Total Current Assets	1 618 000	1 857 000	293 000
Total Assets	1 867 000	2 808 000	645 000
Total Retained Equity	−921 000	−67 000	−259 000
Total Equity	−897 000	−43 000	−234 000
Total Long-Term Debt	272 000	728 000	284 000
Total Current Debt	2 492 000	2 123 000	595 000
Total Equity and Debt	1 867 000	2 808 000	645 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 554 000	2 867 000	383 000
Other Income	101 000	0	0
Revenue	1 655 000	2 867 000	383 000
Cost of Goods Sold	1 225 000	814 000	340 000
Salary Costs	360 000	426 000	112 000
Depreciation	51 000	51 000	7 000
Impairment	0	0	0
Expenditure	2 322 000	2 581 000	619 000
Operating Profit	−667 000	286 000	−235 000
Financial Income	0	1 000	0
Financial Costs	187 000	96 000	23 000
Financial Balance	−187 000	−95 000	−23 000
Dividends	0	0	0
Net Income	−854 000	191 000	−259 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	250 000	951 000	352 000
Total Tangible Assets	250 000	951 000	352 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	250 000	951 000	352 000
Stock	563 000	563 000	0
Total Investments	0	0	0
Cash, Bank	−287 000	9 000	8 000
Total Current Assets	1 618 000	1 857 000	293 000
Total Assets	1 867 000	2 808 000	645 000
Total Equity	−897 000	−43 000	−234 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	272 000	728 000	284 000
Creditors	102 000	68 000	8 000
Unpaid Taxes	125 000	173 000	96 000
Dividends	0	0	0
Other Current Debt	74 000	81 000	27 000
Total Current Debt	2 492 000	2 123 000	595 000
Total Equity and Debt	1 867 000	2 808 000	645 000

Financial indicators	2022	2021	2020
Return on Equity	95,21 %	−444,19 %	110,68 %
Debt-to-Equity Ratio	−0,3	−16,93	−1,21
Operating Profit Margin	−40,3 %	9,98 %	−61,36 %
Current Ratio	0,65	0,87	0,49
Quick Ratio	0,84	1,19	0,49
Equity Ratio	−0,48	−0,02	−0,36
Gross Profit Margin	25,98 %	71,61 %	11,23 %