LOFOTEN DESIGN AS

8382 NAPP

Finances

Share Ownership

Return on Equity

−11,51 %

Current Ratio

2,19

Debt-to-Equity Ratio

−2,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	447 000	420 000	420 000	420 000
Net Income	89 000	−161 000	17 000	−58 000
Total Assets	1 633 000	1 686 000	1 827 000	1 883 000
Total Equity	−773 000	−861 000	−700 000	−718 000

Income (NOK)	2022	2021	2020	2019
Revenue	447 000	420 000	420 000	420 000
Expenditure	211 000	447 000	259 000	337 000
Operating Profit	236 000	−27 000	161 000	84 000
Financial Income	8 000	7 000	1 000	8 000
Financial Costs	155 000	141 000	144 000	150 000
Financial Balance	−147 000	−134 000	−143 000	−142 000
Earnings Before Tax	89 000	−161 000	17 000	−58 000
Tax	0	0	0	0
Net Income	89 000	−161 000	17 000	−58 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 396 000	1 409 000	1 422 000	1 363 000
Total Current Assets	237 000	277 000	405 000	520 000
Total Assets	1 633 000	1 686 000	1 827 000	1 883 000
Total Retained Equity	−1 454 000	−1 542 000	−1 381 000	−1 399 000
Total Equity	−773 000	−861 000	−700 000	−718 000
Total Long-Term Debt	2 298 000	2 419 000	2 419 000	2 419 000
Total Current Debt	108 000	129 000	109 000	181 000
Total Equity and Debt	1 633 000	1 686 000	1 827 000	1 883 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 000	0	0	0
Other Income	420 000	420 000	420 000	420 000
Revenue	447 000	420 000	420 000	420 000
Cost of Goods Sold	0	0	0	20 000
Salary Costs	0	0	21 000	0
Depreciation	13 000	13 000	6 000	5 000
Impairment	0	0	0	0
Expenditure	211 000	447 000	259 000	337 000
Operating Profit	236 000	−27 000	161 000	84 000
Financial Income	8 000	7 000	1 000	8 000
Financial Costs	155 000	141 000	144 000	150 000
Financial Balance	−147 000	−134 000	−143 000	−142 000
Dividends	0	0	0	0
Net Income	89 000	−161 000	17 000	−58 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 328 000	1 328 000	1 328 000	1 328 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	65 000	78 000	91 000	32 000
Total Tangible Assets	1 393 000	1 406 000	1 419 000	1 360 000
Total Fiancial Fixed Assets	3 000	3 000	3 000	3 000
Total Fixed Assets	1 396 000	1 409 000	1 422 000	1 363 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	153 000	230 000	236 000	263 000
Total Current Assets	237 000	277 000	405 000	520 000
Total Assets	1 633 000	1 686 000	1 827 000	1 883 000
Total Equity	−773 000	−861 000	−700 000	−718 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 298 000	2 419 000	2 419 000	2 419 000
Creditors	16 000	46 000	27 000	44 000
Unpaid Taxes	47 000	46 000	45 000	83 000
Dividends	0	0	0	0
Other Current Debt	45 000	36 000	36 000	55 000
Total Current Debt	108 000	129 000	109 000	181 000
Total Equity and Debt	1 633 000	1 686 000	1 827 000	1 883 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,51 %	18,7 %	−2,43 %	8,08 %
Debt-to-Equity Ratio	−2,97	−2,81	−3,46	−3,37
Operating Profit Margin	52,8 %	−6,43 %	38,33 %	20 %
Current Ratio	2,19	2,15	3,72	2,87
Quick Ratio	2,19	2,15	3,72	2,87
Equity Ratio	−0,47	−0,51	−0,38	−0,38
Gross Profit Margin	100 %	100 %	100 %	95,24 %