LIFE NORGE AS

0954 OSLO

Finances

Share Ownership

Return on Equity

69,03 %

Current Ratio

1,11

Debt-to-Equity Ratio

2,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	80 784 000	29 654 000	33 115 000	15 881 000
Net Income	867 000	−322 000	967 000	−683 000
Total Assets	22 024 000	13 029 000	11 211 000	6 150 000
Total Equity	1 256 000	388 000	710 000	−95 000

Income (NOK)	2022	2021	2020	2019
Revenue	80 784 000	29 654 000	33 115 000	15 881 000
Expenditure	79 478 000	29 700 000	31 490 000	16 559 000
Operating Profit	1 306 000	−46 000	1 625 000	−678 000
Financial Income	532 000	141 000	115 000	12 000
Financial Costs	714 000	508 000	645 000	205 000
Financial Balance	−182 000	−367 000	−530 000	−193 000
Earnings Before Tax	1 124 000	−413 000	1 096 000	−870 000
Tax	257 000	−91 000	128 000	−188 000
Net Income	867 000	−322 000	967 000	−683 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 454 000	1 412 000	1 065 000	745 000
Total Current Assets	19 571 000	11 616 000	10 145 000	5 405 000
Total Assets	22 024 000	13 029 000	11 211 000	6 150 000
Total Retained Equity	464 000	−403 000	−81 000	−683 000
Total Equity	1 256 000	388 000	710 000	−95 000
Total Long-Term Debt	3 164 000	3 585 000	4 284 000	767 000
Total Current Debt	17 605 000	9 055 000	6 216 000	5 479 000
Total Equity and Debt	22 024 000	13 029 000	11 211 000	6 150 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	80 252 000	28 826 000	32 725 000	15 730 000
Other Income	533 000	828 000	390 000	151 000
Revenue	80 784 000	29 654 000	33 115 000	15 881 000
Cost of Goods Sold	65 114 000	18 975 000	20 826 000	9 463 000
Salary Costs	7 907 000	5 272 000	6 565 000	4 498 000
Depreciation	529 000	361 000	199 000	41 000
Impairment	0	0	0	0
Expenditure	79 478 000	29 700 000	31 490 000	16 559 000
Operating Profit	1 306 000	−46 000	1 625 000	−678 000
Financial Income	532 000	141 000	115 000	12 000
Financial Costs	714 000	508 000	645 000	205 000
Financial Balance	−182 000	−367 000	−530 000	−193 000
Dividends	0	0	0	0
Net Income	867 000	−322 000	967 000	−683 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 341 000	1 016 000	761 000	673 000
Real Eastate	0	0	48 000	73 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 113 000	397 000	257 000	0
Total Tangible Assets	1 113 000	397 000	305 000	73 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 454 000	1 412 000	1 065 000	745 000
Stock	11 008 000	5 819 000	5 773 000	3 672 000
Total Investments	0	0	0	0
Cash, Bank	2 643 000	246 000	459 000	144 000
Total Current Assets	19 571 000	11 616 000	10 145 000	5 405 000
Total Assets	22 024 000	13 029 000	11 211 000	6 150 000
Total Equity	1 256 000	388 000	710 000	−95 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 164 000	3 585 000	4 284 000	767 000
Creditors	14 130 000	5 246 000	2 155 000	2 454 000
Unpaid Taxes	411 000	564 000	1 188 000	495 000
Dividends	0	0	0	0
Other Current Debt	482 000	402 000	966 000	1 335 000
Total Current Debt	17 605 000	9 055 000	6 216 000	5 479 000
Total Equity and Debt	22 024 000	13 029 000	11 211 000	6 150 000

Financial indicators	2022	2021	2020	2019
Return on Equity	69,03 %	−82,99 %	136,2 %	718,95 %
Debt-to-Equity Ratio	2,52	9,24	6,03	−8,07
Operating Profit Margin	1,62 %	−0,16 %	4,91 %	−4,27 %
Current Ratio	1,11	1,28	1,63	0,99
Quick Ratio	2,97	3,59	22,9	2,99
Equity Ratio	0,06	0,03	0,06	−0,02
Gross Profit Margin	19,4 %	36,01 %	37,11 %	40,41 %