ØKORÅD VEST LOFOTEN AS

8373 BALLSTAD

Finances

Share Ownership

Return on Equity

−2,11 %

Current Ratio

N/A

Debt-to-Equity Ratio

2,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	38 000	20 000	20 000	27 000
Net Income	−16 000	−8 000	−2 000	7 000
Total Assets	2 488 000	2 466 000	2 496 000	2 580 000
Total Equity	757 000	773 000	781 000	762 000

Income (NOK)	2022	2021	2020	2019
Revenue	38 000	20 000	20 000	27 000
Expenditure	58 000	30 000	22 000	17 000
Operating Profit	−20 000	−10 000	−2 000	10 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−20 000	−10 000	−2 000	10 000
Tax	−4 000	−2 000	0	2 000
Net Income	−16 000	−8 000	−2 000	7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 463 000	2 459 000	2 456 000	2 462 000
Total Current Assets	25 000	8 000	40 000	119 000
Total Assets	2 488 000	2 466 000	2 496 000	2 580 000
Total Retained Equity	382 000	397 000	405 000	407 000
Total Equity	757 000	773 000	781 000	762 000
Total Long-Term Debt	1 731 000	1 694 000	1 715 000	1 818 000
Total Current Debt	0	0	0	0
Total Equity and Debt	2 488 000	2 466 000	2 496 000	2 580 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	38 000	20 000	20 000	0
Other Income	0	0	0	27 000
Revenue	38 000	20 000	20 000	27 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	58 000	30 000	22 000	17 000
Operating Profit	−20 000	−10 000	−2 000	10 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−16 000	−8 000	−2 000	7 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	28 000	24 000	22 000	27 000
Real Eastate	2 434 000	2 434 000	2 434 000	2 434 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 434 000	2 434 000	2 434 000	2 434 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 463 000	2 459 000	2 456 000	2 462 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	25 000	8 000	14 000	14 000
Total Current Assets	25 000	8 000	40 000	119 000
Total Assets	2 488 000	2 466 000	2 496 000	2 580 000
Total Equity	757 000	773 000	781 000	762 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 731 000	1 694 000	1 715 000	1 818 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	0	0	0	0
Total Equity and Debt	2 488 000	2 466 000	2 496 000	2 580 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,11 %	−1,03 %	−0,26 %	0,92 %
Debt-to-Equity Ratio	2,29	2,19	2,2	2,39
Operating Profit Margin	−52,63 %	−50 %	−10 %	37,04 %
Current Ratio	-	-	-	-
Quick Ratio	-	-	-	-
Equity Ratio	0,3	0,31	0,31	0,3
Gross Profit Margin	100 %	100 %	100 %	100 %