LOFOTEN ARCTIC EIENDOM AS

8006 BODØ

Finances

Share Ownership

Return on Equity

0,69 %

Current Ratio

17,64

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020
Revenue	1 320 000	1 276 000	1 077 000
Net Income	220 000	4 685 000	−195 000
Total Assets	32 540 000	33 792 000	17 845 000
Total Equity	31 775 000	30 579 000	14 222 000

Income (NOK)	2022	2021	2020
Revenue	1 320 000	1 276 000	1 077 000
Expenditure	1 486 000	1 164 000	1 203 000
Operating Profit	−166 000	111 000	−126 000
Financial Income	157 000	0	11 000
Financial Costs	4 000	47 000	80 000
Financial Balance	153 000	−47 000	−69 000
Earnings Before Tax	−13 000	65 000	−195 000
Tax	−233 000	−4 620 000	0
Net Income	220 000	4 685 000	−195 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	28 888 000	16 862 000	16 664 000
Total Current Assets	3 651 000	16 931 000	1 181 000
Total Assets	32 540 000	33 792 000	17 845 000
Total Retained Equity	5 092 000	4 671 000	−14 000
Total Equity	31 775 000	30 579 000	14 222 000
Total Long-Term Debt	557 000	3 200 000	2 141 000
Total Current Debt	207 000	13 000	1 482 000
Total Equity and Debt	32 540 000	33 792 000	17 845 000

Cash flow (NOK)	2022	2021	2020
Sales Income	887 000	0	149 000
Other Income	434 000	1 276 000	928 000
Revenue	1 320 000	1 276 000	1 077 000
Cost of Goods Sold	86 000	0	0
Salary Costs	0	0	0
Depreciation	750 000	652 000	642 000
Impairment	0	0	0
Expenditure	1 486 000	1 164 000	1 203 000
Operating Profit	−166 000	111 000	−126 000
Financial Income	157 000	0	11 000
Financial Costs	4 000	47 000	80 000
Financial Balance	153 000	−47 000	−69 000
Dividends	0	0	0
Net Income	220 000	4 685 000	−195 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	15 004 000	15 397 000	15 912 000
Machinery and Plant Facilities	0	0	0
Fixtures	565 000	504 000	641 000
Total Tangible Assets	15 569 000	15 901 000	16 553 000
Total Fiancial Fixed Assets	13 319 000	961 000	111 000
Total Fixed Assets	28 888 000	16 862 000	16 664 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	298 000	29 000	709 000
Total Current Assets	3 651 000	16 931 000	1 181 000
Total Assets	32 540 000	33 792 000	17 845 000
Total Equity	31 775 000	30 579 000	14 222 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	557 000	3 200 000	2 141 000
Creditors	168 000	9 000	326 000
Unpaid Taxes	27 000	3 000	0
Dividends	0	0	0
Other Current Debt	12 000	0	1 156 000
Total Current Debt	207 000	13 000	1 482 000
Total Equity and Debt	32 540 000	33 792 000	17 845 000

Financial indicators	2022	2021	2020
Return on Equity	0,69 %	15,32 %	−1,37 %
Debt-to-Equity Ratio	0,02	0,1	0,15
Operating Profit Margin	−12,58 %	8,7 %	−11,7 %
Current Ratio	17,64	1 302,38	0,8
Quick Ratio	17,64	1 302,38	0,8
Equity Ratio	0,98	0,9	0,8
Gross Profit Margin	93,48 %	100 %	100 %