THE NORTHERN LIGHTS AS

2003 LILLESTRØM

Finances

Share Ownership

Return on Equity

111,53 %

Current Ratio

3,59

Debt-to-Equity Ratio

−6,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 017 000	2 549 000	1 752 000	2 304 000
Net Income	−329 000	36 000	−420 000	0
Total Assets	2 247 000	2 364 000	2 227 000	2 394 000
Total Equity	−295 000	34 000	−2 000	418 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 017 000	2 549 000	1 752 000	2 304 000
Expenditure	2 437 000	2 481 000	2 288 000	2 303 000
Operating Profit	−421 000	68 000	−536 000	1 000
Financial Income	0	0	1 000	0
Financial Costs	1 000	6 000	3 000	1 000
Financial Balance	−1 000	−6 000	−2 000	−1 000
Earnings Before Tax	−422 000	63 000	−538 000	0
Tax	−93 000	26 000	−118 000	0
Net Income	−329 000	36 000	−420 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	264 000	171 000	185 000	79 000
Total Current Assets	1 983 000	2 193 000	2 042 000	2 315 000
Total Assets	2 247 000	2 364 000	2 227 000	2 394 000
Total Retained Equity	−395 000	−66 000	−102 000	318 000
Total Equity	−295 000	34 000	−2 000	418 000
Total Long-Term Debt	1 990 000	1 792 000	1 682 000	1 521 000
Total Current Debt	552 000	538 000	547 000	455 000
Total Equity and Debt	2 247 000	2 364 000	2 227 000	2 394 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 898 000	2 400 000	1 527 000	2 202 000
Other Income	119 000	149 000	225 000	102 000
Revenue	2 017 000	2 549 000	1 752 000	2 304 000
Cost of Goods Sold	56 000	56 000	82 000	53 000
Salary Costs	1 541 000	1 618 000	1 337 000	1 426 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 437 000	2 481 000	2 288 000	2 303 000
Operating Profit	−421 000	68 000	−536 000	1 000
Financial Income	0	0	1 000	0
Financial Costs	1 000	6 000	3 000	1 000
Financial Balance	−1 000	−6 000	−2 000	−1 000
Dividends	0	0	0	0
Net Income	−329 000	36 000	−420 000	0

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	226 000	133 000	147 000	41 000
Real Eastate	38 000	38 000	38 000	38 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	38 000	38 000	38 000	38 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	264 000	171 000	185 000	79 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	88 000	260 000	95 000	471 000
Total Current Assets	1 983 000	2 193 000	2 042 000	2 315 000
Total Assets	2 247 000	2 364 000	2 227 000	2 394 000
Total Equity	−295 000	34 000	−2 000	418 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 990 000	1 792 000	1 682 000	1 521 000
Creditors	93 000	60 000	26 000	17 000
Unpaid Taxes	76 000	92 000	148 000	68 000
Dividends	0	0	0	0
Other Current Debt	383 000	387 000	373 000	370 000
Total Current Debt	552 000	538 000	547 000	455 000
Total Equity and Debt	2 247 000	2 364 000	2 227 000	2 394 000

Financial indicators	2022	2021	2020	2019
Return on Equity	111,53 %	105,88 %	21 000 %	0 %
Debt-to-Equity Ratio	−6,75	52,71	−841	3,64
Operating Profit Margin	−20,87 %	2,67 %	−30,59 %	0,04 %
Current Ratio	3,59	4,08	3,73	5,09
Quick Ratio	3,59	4,08	3,73	5,09
Equity Ratio	−0,13	0,01	−0	0,17
Gross Profit Margin	97,22 %	97,8 %	95,32 %	97,7 %