LIFE FINNMARK AS

9900 KIRKENES

Finances

Share Ownership

Return on Equity

192,35 %

Current Ratio

1,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 567 000	6 904 000	6 772 000	6 497 000
Net Income	377 000	460 000	490 000	108 000
Total Assets	1 939 000	1 611 000	1 916 000	1 953 000
Total Equity	196 000	119 000	109 000	369 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 567 000	6 904 000	6 772 000	6 497 000
Expenditure	6 091 000	6 324 000	6 142 000	6 321 000
Operating Profit	476 000	579 000	629 000	175 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	1 000	5 000
Financial Balance	0	−1 000	−1 000	−5 000
Earnings Before Tax	476 000	579 000	628 000	170 000
Tax	99 000	119 000	138 000	63 000
Net Income	377 000	460 000	490 000	108 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	1 000	7 000	65 000
Total Current Assets	1 939 000	1 610 000	1 909 000	1 888 000
Total Assets	1 939 000	1 611 000	1 916 000	1 953 000
Total Retained Equity	87 000	10 000	0	0
Total Equity	196 000	119 000	109 000	369 000
Total Long-Term Debt	0	0	0	33 000
Total Current Debt	1 743 000	1 492 000	1 807 000	1 550 000
Total Equity and Debt	1 939 000	1 611 000	1 916 000	1 953 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 566 000	6 902 000	6 771 000	6 513 000
Other Income	2 000	2 000	1 000	−16 000
Revenue	6 567 000	6 904 000	6 772 000	6 497 000
Cost of Goods Sold	3 719 000	3 877 000	3 786 000	3 730 000
Salary Costs	1 336 000	1 412 000	1 297 000	1 412 000
Depreciation	1 000	6 000	58 000	158 000
Impairment	0	0	0	0
Expenditure	6 091 000	6 324 000	6 142 000	6 321 000
Operating Profit	476 000	579 000	629 000	175 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	1 000	5 000
Financial Balance	0	−1 000	−1 000	−5 000
Dividends	300 000	450 000	750 000	900 000
Net Income	377 000	460 000	490 000	108 000

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	7 000	65 000
Total Tangible Assets	0	1 000	7 000	65 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	1 000	7 000	65 000
Stock	885 000	929 000	885 000	924 000
Total Investments	0	0	0	0
Cash, Bank	1 012 000	650 000	1 021 000	906 000
Total Current Assets	1 939 000	1 610 000	1 909 000	1 888 000
Total Assets	1 939 000	1 611 000	1 916 000	1 953 000
Total Equity	196 000	119 000	109 000	369 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	33 000
Creditors	256 000	274 000	264 000	297 000
Unpaid Taxes	202 000	204 000	222 000	165 000
Dividends	300 000	450 000	750 000	900 000
Other Current Debt	886 000	445 000	433 000	125 000
Total Current Debt	1 743 000	1 492 000	1 807 000	1 550 000
Total Equity and Debt	1 939 000	1 611 000	1 916 000	1 953 000

Financial indicators	2022	2021	2020	2019
Return on Equity	192,35 %	386,55 %	449,54 %	29,27 %
Debt-to-Equity Ratio	0	0	0	0,09
Operating Profit Margin	7,25 %	8,39 %	9,29 %	2,69 %
Current Ratio	1,11	1,08	1,06	1,22
Quick Ratio	2,26	2,86	2,07	3,02
Equity Ratio	0,1	0,07	0,06	0,19
Gross Profit Margin	43,37 %	43,84 %	44,09 %	42,59 %