LOFOTEN MOUNTAIN VIEW AS

8370 LEKNES

Finances

Share Ownership

Return on Equity

90,4 %

Current Ratio

−2,1

Debt-to-Equity Ratio

−5,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	287 000	646 000	258 000	870 000
Net Income	−593 000	−121 000	−379 000	−164 000
Total Assets	2 803 000	3 334 000	3 298 000	3 362 000
Total Equity	−656 000	−64 000	57 000	−1 863 000

Income (NOK)	2022	2021	2020	2019
Revenue	287 000	646 000	258 000	870 000
Expenditure	720 000	635 000	451 000	811 000
Operating Profit	−433 000	11 000	−193 000	59 000
Financial Income	−2 000	2 000	0	0
Financial Costs	158 000	134 000	187 000	223 000
Financial Balance	−160 000	−132 000	−187 000	−223 000
Earnings Before Tax	−593 000	−121 000	−379 000	−164 000
Tax	0	0	0	0
Net Income	−593 000	−121 000	−379 000	−164 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 931 000	3 041 000	3 153 000	3 267 000
Total Current Assets	−128 000	294 000	145 000	95 000
Total Assets	2 803 000	3 334 000	3 298 000	3 362 000
Total Retained Equity	−3 156 000	−2 564 000	−2 443 000	−2 063 000
Total Equity	−656 000	−64 000	57 000	−1 863 000
Total Long-Term Debt	3 399 000	3 335 000	3 240 000	5 060 000
Total Current Debt	61 000	63 000	1 000	165 000
Total Equity and Debt	2 803 000	3 334 000	3 298 000	3 362 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	287 000	646 000	258 000	870 000
Other Income	0	0	0	0
Revenue	287 000	646 000	258 000	870 000
Cost of Goods Sold	10 000	26 000	6 000	26 000
Salary Costs	2 000	0	0	0
Depreciation	109 000	112 000	114 000	113 000
Impairment	0	0	0	0
Expenditure	720 000	635 000	451 000	811 000
Operating Profit	−433 000	11 000	−193 000	59 000
Financial Income	−2 000	2 000	0	0
Financial Costs	158 000	134 000	187 000	223 000
Financial Balance	−160 000	−132 000	−187 000	−223 000
Dividends	0	0	0	0
Net Income	−593 000	−121 000	−379 000	−164 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 909 000	3 005 000	3 101 000	3 197 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 000	16 000	32 000	50 000
Total Tangible Assets	2 911 000	3 021 000	3 133 000	3 247 000
Total Fiancial Fixed Assets	20 000	20 000	20 000	20 000
Total Fixed Assets	2 931 000	3 041 000	3 153 000	3 267 000
Stock	27 000	33 000	44 000	47 000
Total Investments	0	0	0	0
Cash, Bank	−257 000	203 000	49 000	45 000
Total Current Assets	−128 000	294 000	145 000	95 000
Total Assets	2 803 000	3 334 000	3 298 000	3 362 000
Total Equity	−656 000	−64 000	57 000	−1 863 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 399 000	3 335 000	3 240 000	5 060 000
Creditors	61 000	43 000	1 000	159 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	20 000	0	6 000
Total Current Debt	61 000	63 000	1 000	165 000
Total Equity and Debt	2 803 000	3 334 000	3 298 000	3 362 000

Financial indicators	2022	2021	2020	2019
Return on Equity	90,4 %	189,06 %	−664,91 %	8,8 %
Debt-to-Equity Ratio	−5,18	−52,11	56,84	−2,72
Operating Profit Margin	−150,87 %	1,7 %	−74,81 %	6,78 %
Current Ratio	−2,1	4,67	145	0,58
Quick Ratio	−3,76	9,8	−3,37	0,81
Equity Ratio	−0,23	−0,02	0,02	−0,55
Gross Profit Margin	96,52 %	95,98 %	97,67 %	97,01 %