LØKELAND EIENDOM AS

1606 FREDRIKSTAD

Finances

Return on Equity

−71,02 %

Current Ratio

0,54

Debt-to-Equity Ratio

3,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	512 000	425 000	314 000	8 507 000
Net Income	−1 154 000	−818 000	418 000	4 466 000
Total Assets	10 484 000	12 636 000	8 037 000	7 835 000
Total Equity	1 625 000	2 779 000	3 596 000	3 178 000

Income (NOK)	2022	2021	2020	2019
Revenue	512 000	425 000	314 000	8 507 000
Expenditure	865 000	2 016 000	558 000	2 812 000
Operating Profit	−353 000	−1 590 000	−245 000	5 695 000
Financial Income	24 000	180 000	993 000	57 000
Financial Costs	825 000	−593 000	314 000	117 000
Financial Balance	−801 000	773 000	679 000	−60 000
Earnings Before Tax	−1 154 000	−818 000	435 000	5 635 000
Tax	0	0	16 000	1 169 000
Net Income	−1 154 000	−818 000	418 000	4 466 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 119 000	9 115 000	4 438 000	4 026 000
Total Current Assets	1 366 000	3 521 000	3 600 000	3 808 000
Total Assets	10 484 000	12 636 000	8 037 000	7 835 000
Total Retained Equity	−1 295 000	−141 000	677 000	258 000
Total Equity	1 625 000	2 779 000	3 596 000	3 178 000
Total Long-Term Debt	6 320 000	6 650 000	2 415 000	2 723 000
Total Current Debt	2 540 000	3 207 000	2 026 000	1 934 000
Total Equity and Debt	10 484 000	12 636 000	8 037 000	7 835 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	512 000	425 000	314 000	8 507 000
Revenue	512 000	425 000	314 000	8 507 000
Cost of Goods Sold	0	0	0	0
Salary Costs	46 000	1 000	29 000	542 000
Depreciation	0	0	0	29 000
Impairment	0	0	0	0
Expenditure	865 000	2 016 000	558 000	2 812 000
Operating Profit	−353 000	−1 590 000	−245 000	5 695 000
Financial Income	24 000	180 000	993 000	57 000
Financial Costs	825 000	−593 000	314 000	117 000
Financial Balance	−801 000	773 000	679 000	−60 000
Dividends	0	0	0	0
Net Income	−1 154 000	−818 000	418 000	4 466 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	16 000
Real Eastate	8 624 000	8 624 000	4 010 000	4 010 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	8 624 000	8 624 000	4 010 000	4 010 000
Total Fiancial Fixed Assets	495 000	491 000	428 000	0
Total Fixed Assets	9 119 000	9 115 000	4 438 000	4 026 000
Stock	0	0	0	0
Total Investments	1 189 000	3 471 000	3 388 000	3 175 000
Cash, Bank	153 000	48 000	212 000	428 000
Total Current Assets	1 366 000	3 521 000	3 600 000	3 808 000
Total Assets	10 484 000	12 636 000	8 037 000	7 835 000
Total Equity	1 625 000	2 779 000	3 596 000	3 178 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 320 000	6 650 000	2 415 000	2 723 000
Creditors	704 000	1 199 000	68 000	101 000
Unpaid Taxes	152 000	1 000	32 000	0
Dividends	0	0	0	0
Other Current Debt	1 684 000	2 007 000	1 926 000	1 833 000
Total Current Debt	2 540 000	3 207 000	2 026 000	1 934 000
Total Equity and Debt	10 484 000	12 636 000	8 037 000	7 835 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−71,02 %	−29,44 %	11,62 %	140,53 %
Debt-to-Equity Ratio	3,89	2,39	0,67	0,86
Operating Profit Margin	−68,95 %	−374,12 %	−78,03 %	66,94 %
Current Ratio	0,54	1,1	1,78	1,97
Quick Ratio	0,54	1,1	1,78	1,97
Equity Ratio	0,15	0,22	0,45	0,41
Gross Profit Margin	100 %	100 %	100 %	100 %