LØITEN LYS AS

2340 LØTEN

Finances

Return on Equity

30,02 %

Current Ratio

0,35

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 670 000	5 129 000	6 682 000	8 883 000
Net Income	−1 470 000	−1 393 000	−1 017 000	−1 811 000
Total Assets	2 659 000	3 102 000	3 560 000	4 613 000
Total Equity	−4 896 000	−3 426 000	−2 033 000	−1 016 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 670 000	5 129 000	6 682 000	8 883 000
Expenditure	5 966 000	6 375 000	7 536 000	10 272 000
Operating Profit	−1 296 000	−1 246 000	−853 000	−1 388 000
Financial Income	1 000	0	4 000	1 000
Financial Costs	175 000	147 000	167 000	423 000
Financial Balance	−174 000	−147 000	−163 000	−422 000
Earnings Before Tax	−1 470 000	−1 393 000	−1 017 000	−1 811 000
Tax	0	0	0	0
Net Income	−1 470 000	−1 393 000	−1 017 000	−1 811 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	1 000	19 000	57 000
Total Current Assets	2 659 000	3 101 000	3 540 000	4 556 000
Total Assets	2 659 000	3 102 000	3 560 000	4 613 000
Total Retained Equity	−13 496 000	−12 026 000	−10 633 000	−9 616 000
Total Equity	−4 896 000	−3 426 000	−2 033 000	−1 016 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 555 000	6 528 000	5 592 000	5 629 000
Total Equity and Debt	2 659 000	3 102 000	3 560 000	4 613 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 486 000	4 905 000	6 475 000	8 676 000
Other Income	184 000	224 000	207 000	207 000
Revenue	4 670 000	5 129 000	6 682 000	8 883 000
Cost of Goods Sold	1 077 000	1 450 000	2 142 000	2 879 000
Salary Costs	2 915 000	3 113 000	3 480 000	5 030 000
Depreciation	1 000	18 000	38 000	63 000
Impairment	0	0	0	0
Expenditure	5 966 000	6 375 000	7 536 000	10 272 000
Operating Profit	−1 296 000	−1 246 000	−853 000	−1 388 000
Financial Income	1 000	0	4 000	1 000
Financial Costs	175 000	147 000	167 000	423 000
Financial Balance	−174 000	−147 000	−163 000	−422 000
Dividends	0	0	0	0
Net Income	−1 470 000	−1 393 000	−1 017 000	−1 811 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	1 000	19 000	57 000
Total Tangible Assets	0	1 000	19 000	57 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	1 000	19 000	57 000
Stock	2 532 000	2 847 000	3 316 000	4 250 000
Total Investments	0	0	0	0
Cash, Bank	118 000	136 000	188 000	237 000
Total Current Assets	2 659 000	3 101 000	3 540 000	4 556 000
Total Assets	2 659 000	3 102 000	3 560 000	4 613 000
Total Equity	−4 896 000	−3 426 000	−2 033 000	−1 016 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 694 000	2 935 000	2 857 000	2 595 000
Unpaid Taxes	483 000	624 000	942 000	1 246 000
Dividends	0	0	0	0
Other Current Debt	1 360 000	1 326 000	1 439 000	1 406 000
Total Current Debt	7 555 000	6 528 000	5 592 000	5 629 000
Total Equity and Debt	2 659 000	3 102 000	3 560 000	4 613 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,02 %	40,66 %	50,02 %	178,25 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−27,75 %	−24,29 %	−12,77 %	−15,63 %
Current Ratio	0,35	0,48	0,63	0,81
Quick Ratio	0,53	0,84	1,56	3,3
Equity Ratio	−1,84	−1,1	−0,57	−0,22
Gross Profit Margin	76,94 %	71,73 %	67,94 %	67,59 %