LOFOTEN KULTURHUS EIENDOM AS

8300 SVOLVÆR

Finances

Return on Equity

0,3 %

Current Ratio

15,58

Debt-to-Equity Ratio

1,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 484 000	3 392 000	3 388 000	3 291 000
Net Income	49 000	683 000	757 000	689 000
Total Assets	45 292 000	46 284 000	46 975 000	47 419 000
Total Equity	16 082 000	16 032 000	15 350 000	14 593 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 484 000	3 392 000	3 388 000	3 291 000
Expenditure	2 356 000	1 530 000	1 383 000	1 378 000
Operating Profit	1 127 000	1 862 000	2 006 000	1 913 000
Financial Income	51 000	4 000	11 000	28 000
Financial Costs	1 130 000	1 183 000	1 260 000	1 252 000
Financial Balance	−1 079 000	−1 179 000	−1 249 000	−1 224 000
Earnings Before Tax	49 000	683 000	757 000	689 000
Tax	0	0	0	0
Net Income	49 000	683 000	757 000	689 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	42 020 000	42 871 000	43 722 000	44 853 000
Total Current Assets	3 272 000	3 413 000	3 253 000	2 566 000
Total Assets	45 292 000	46 284 000	46 975 000	47 419 000
Total Retained Equity	8 682 000	8 632 000	7 950 000	7 193 000
Total Equity	16 082 000	16 032 000	15 350 000	14 593 000
Total Long-Term Debt	29 000 000	30 000 000	31 400 000	32 400 000
Total Current Debt	210 000	252 000	225 000	427 000
Total Equity and Debt	45 292 000	46 284 000	46 975 000	47 419 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 484 000	3 392 000	3 388 000	3 291 000
Revenue	3 484 000	3 392 000	3 388 000	3 291 000
Cost of Goods Sold	0	0	0	0
Salary Costs	117 000	108 000	108 000	111 000
Depreciation	851 000	851 000	1 131 000	1 131 000
Impairment	0	0	0	0
Expenditure	2 356 000	1 530 000	1 383 000	1 378 000
Operating Profit	1 127 000	1 862 000	2 006 000	1 913 000
Financial Income	51 000	4 000	11 000	28 000
Financial Costs	1 130 000	1 183 000	1 260 000	1 252 000
Financial Balance	−1 079 000	−1 179 000	−1 249 000	−1 224 000
Dividends	0	0	0	0
Net Income	49 000	683 000	757 000	689 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	42 020 000	42 871 000	43 722 000	44 853 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	42 020 000	42 871 000	43 722 000	44 853 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	42 020 000	42 871 000	43 722 000	44 853 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 239 000	3 288 000	3 231 000	2 549 000
Total Current Assets	3 272 000	3 413 000	3 253 000	2 566 000
Total Assets	45 292 000	46 284 000	46 975 000	47 419 000
Total Equity	16 082 000	16 032 000	15 350 000	14 593 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	29 000 000	30 000 000	31 400 000	32 400 000
Creditors	13 000	54 000	10 000	10 000
Unpaid Taxes	28 000	24 000	25 000	225 000
Dividends	0	0	0	0
Other Current Debt	169 000	173 000	190 000	193 000
Total Current Debt	210 000	252 000	225 000	427 000
Total Equity and Debt	45 292 000	46 284 000	46 975 000	47 419 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,3 %	4,26 %	4,93 %	4,72 %
Debt-to-Equity Ratio	1,8	1,87	2,05	2,22
Operating Profit Margin	32,35 %	54,89 %	59,21 %	58,13 %
Current Ratio	15,58	13,54	14,46	6,01
Quick Ratio	15,58	13,54	14,46	6,01
Equity Ratio	0,36	0,35	0,33	0,31
Gross Profit Margin	100 %	100 %	100 %	100 %