LOFOTKRAFT MULIGHETER AS

8300 SVOLVÆR

Finances

Return on Equity

−49,09 %

Current Ratio

2,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	989 000	399 000	189 000	12 000
Net Income	−1 107 000	−663 000	−1 173 000	−280 000
Total Assets	3 129 000	2 332 000	2 706 000	2 647 000
Total Equity	2 255 000	2 171 000	2 268 000	2 274 000

Income (NOK)	2022	2021	2020	2019
Revenue	989 000	399 000	189 000	12 000
Expenditure	2 412 000	1 250 000	1 692 000	371 000
Operating Profit	−1 424 000	−850 000	−1 503 000	−359 000
Financial Income	5 000	2 000	2 000	2 000
Financial Costs	0	1 000	3 000	1 000
Financial Balance	5 000	1 000	−1 000	1 000
Earnings Before Tax	−1 419 000	−849 000	−1 504 000	−359 000
Tax	−312 000	−187 000	−331 000	−79 000
Net Income	−1 107 000	−663 000	−1 173 000	−280 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	659 000	233 000	251 000	193 000
Total Current Assets	2 470 000	2 100 000	2 455 000	2 454 000
Total Assets	3 129 000	2 332 000	2 706 000	2 647 000
Total Retained Equity	0	0	0	244 000
Total Equity	2 255 000	2 171 000	2 268 000	2 274 000
Total Long-Term Debt	0	0	4 000	5 000
Total Current Debt	874 000	161 000	435 000	367 000
Total Equity and Debt	3 129 000	2 332 000	2 706 000	2 647 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	70 000	399 000	189 000	12 000
Other Income	919 000	0	0	0
Revenue	989 000	399 000	189 000	12 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 229 000	826 000	1 076 000	300 000
Depreciation	0	0	42 000	18 000
Impairment	0	0	0	0
Expenditure	2 412 000	1 250 000	1 692 000	371 000
Operating Profit	−1 424 000	−850 000	−1 503 000	−359 000
Financial Income	5 000	2 000	2 000	2 000
Financial Costs	0	1 000	3 000	1 000
Financial Balance	5 000	1 000	−1 000	1 000
Dividends	0	0	0	0
Net Income	−1 107 000	−663 000	−1 173 000	−280 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	24 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	193 000
Fixtures	0	0	151 000	0
Total Tangible Assets	0	0	151 000	193 000
Total Fiancial Fixed Assets	659 000	209 000	100 000	0
Total Fixed Assets	659 000	233 000	251 000	193 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	131 000	50 000	50 000	2 050 000
Total Current Assets	2 470 000	2 100 000	2 455 000	2 454 000
Total Assets	3 129 000	2 332 000	2 706 000	2 647 000
Total Equity	2 255 000	2 171 000	2 268 000	2 274 000
Short-Term Group Debt	111 000	0	0	246 000
Total Long-Term Debt	0	0	4 000	5 000
Creditors	554 000	43 000	285 000	57 000
Unpaid Taxes	84 000	42 000	55 000	36 000
Dividends	0	0	0	0
Other Current Debt	125 000	76 000	95 000	27 000
Total Current Debt	874 000	161 000	435 000	367 000
Total Equity and Debt	3 129 000	2 332 000	2 706 000	2 647 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−49,09 %	−30,54 %	−51,72 %	−12,31 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−143,98 %	−213,03 %	−795,24 %	−2 991,67 %
Current Ratio	2,83	13,04	5,64	6,69
Quick Ratio	2,83	13,04	5,64	6,69
Equity Ratio	0,72	0,93	0,84	0,86
Gross Profit Margin	100 %	100 %	100 %	100 %