LØKJANE II BORETTSLAG

6884 ØVRE ÅRDAL

Finances

Share Ownership

Return on Equity

−7,4 %

Current Ratio

5,89

Debt-to-Equity Ratio

−2,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	623 000	608 000	608 000	560 000
Net Income	90 000	135 000	150 000	−637 000
Total Assets	1 467 000	1 477 000	1 456 000	1 375 000
Total Equity	−1 216 000	−1 306 000	−1 442 000	−1 592 000

Income (NOK)	2022	2021	2020	2019
Revenue	623 000	608 000	608 000	560 000
Expenditure	470 000	433 000	399 000	1 127 000
Operating Profit	153 000	175 000	209 000	−566 000
Financial Income	11 000	3 000	5 000	9 000
Financial Costs	73 000	43 000	64 000	80 000
Financial Balance	−62 000	−40 000	−59 000	−71 000
Earnings Before Tax	90 000	135 000	150 000	−637 000
Tax	0	0	0	0
Net Income	90 000	135 000	150 000	−637 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	878 000	878 000	878 000	878 000
Total Current Assets	589 000	599 000	578 000	496 000
Total Assets	1 467 000	1 477 000	1 456 000	1 375 000
Total Retained Equity	−1 218 000	−1 308 000	−1 443 000	−1 593 000
Total Equity	−1 216 000	−1 306 000	−1 442 000	−1 592 000
Total Long-Term Debt	2 583 000	2 707 000	2 838 000	2 954 000
Total Current Debt	100 000	77 000	59 000	12 000
Total Equity and Debt	1 467 000	1 477 000	1 456 000	1 375 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	623 000	608 000	608 000	560 000
Revenue	623 000	608 000	608 000	560 000
Cost of Goods Sold	0	0	0	0
Salary Costs	11 000	11 000	11 000	10 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	470 000	433 000	399 000	1 127 000
Operating Profit	153 000	175 000	209 000	−566 000
Financial Income	11 000	3 000	5 000	9 000
Financial Costs	73 000	43 000	64 000	80 000
Financial Balance	−62 000	−40 000	−59 000	−71 000
Dividends	0	0	0	0
Net Income	90 000	135 000	150 000	−637 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	878 000	878 000	878 000	878 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	878 000	878 000	878 000	878 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	878 000	878 000	878 000	878 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	485 000	537 000	514 000	488 000
Total Current Assets	589 000	599 000	578 000	496 000
Total Assets	1 467 000	1 477 000	1 456 000	1 375 000
Total Equity	−1 216 000	−1 306 000	−1 442 000	−1 592 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 583 000	2 707 000	2 838 000	2 954 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	100 000	77 000	59 000	12 000
Total Current Debt	100 000	77 000	59 000	12 000
Total Equity and Debt	1 467 000	1 477 000	1 456 000	1 375 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,4 %	−10,34 %	−10,4 %	40,01 %
Debt-to-Equity Ratio	−2,12	−2,07	−1,97	−1,86
Operating Profit Margin	24,56 %	28,78 %	34,38 %	−101,07 %
Current Ratio	5,89	7,78	9,8	41,33
Quick Ratio	5,89	7,78	9,8	41,33
Equity Ratio	−0,83	−0,88	−0,99	−1,16
Gross Profit Margin	100 %	100 %	100 %	100 %