LOFOTEN NORTHERN LIGHT AS

8064 RØST

Finances

Return on Equity

19,92 %

Current Ratio

1,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	837 000	0	1 778 000	2 865 000
Net Income	190 000	−126 000	−879 000	−78 000
Total Assets	2 826 000	1 695 000	1 432 000	3 635 000
Total Equity	954 000	765 000	891 000	1 771 000

Income (NOK)	2022	2021	2020	2019
Revenue	837 000	0	1 778 000	2 865 000
Expenditure	1 890 000	957 000	449 000	2 036 000
Operating Profit	242 000	−121 000	−448 000	−124 000
Financial Income	0	0	458 000	420 000
Financial Costs	53 000	6 000	889 000	374 000
Financial Balance	−53 000	−6 000	−431 000	46 000
Earnings Before Tax	190 000	−126 000	−879 000	−78 000
Tax	0	0	0	0
Net Income	190 000	−126 000	−879 000	−78 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	656 000	817 000	1 024 000	1 247 000
Total Current Assets	2 170 000	878 000	408 000	2 388 000
Total Assets	2 826 000	1 695 000	1 432 000	3 635 000
Total Retained Equity	854 000	665 000	791 000	1 670 000
Total Equity	954 000	765 000	891 000	1 771 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 872 000	930 000	541 000	1 864 000
Total Equity and Debt	2 826 000	1 695 000	1 432 000	3 635 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	837 000	0	1 778 000	2 865 000
Other Income	0	0	0	0
Revenue	837 000	0	1 778 000	2 865 000
Cost of Goods Sold	1 548 000	567 000	0	1 499 000
Salary Costs	0	0	0	3 000
Depreciation	162 000	206 000	224 000	225 000
Impairment	0	0	0	0
Expenditure	1 890 000	957 000	449 000	2 036 000
Operating Profit	242 000	−121 000	−448 000	−124 000
Financial Income	0	0	458 000	420 000
Financial Costs	53 000	6 000	889 000	374 000
Financial Balance	−53 000	−6 000	−431 000	46 000
Dividends	0	0	0	0
Net Income	190 000	−126 000	−879 000	−78 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	462 000	548 000	633 000	719 000
Machinery and Plant Facilities	180 000	249 000	317 000	386 000
Fixtures	0	8 000	60 000	130 000
Total Tangible Assets	642 000	804 000	1 010 000	1 234 000
Total Fiancial Fixed Assets	14 000	14 000	14 000	14 000
Total Fixed Assets	656 000	817 000	1 024 000	1 247 000
Stock	2 132 000	837 000	0	1 778 000
Total Investments	0	0	0	173 000
Cash, Bank	0	0	370 000	340 000
Total Current Assets	2 170 000	878 000	408 000	2 388 000
Total Assets	2 826 000	1 695 000	1 432 000	3 635 000
Total Equity	954 000	765 000	891 000	1 771 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	146 000	5 000	12 000	122 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	570 000	546 000	529 000	518 000
Total Current Debt	1 872 000	930 000	541 000	1 864 000
Total Equity and Debt	2 826 000	1 695 000	1 432 000	3 635 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,92 %	−16,47 %	−98,65 %	−4,4 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	28,91 %	-	−25,2 %	−4,33 %
Current Ratio	1,16	0,94	0,75	1,28
Quick Ratio	−8,35	9,44	0,75	27,77
Equity Ratio	0,34	0,45	0,62	0,49
Gross Profit Margin	−84,95 %	-	100 %	47,68 %