LUTELANDET UTVIKLING AS

6964 KORSSUND

Finances

Return on Equity

0,03 %

Current Ratio

2,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 150 000	300 000	323 000	399 000
Net Income	10 000	−172 000	−124 000	1 469 000
Total Assets	35 804 000	35 519 000	35 593 000	36 313 000
Total Equity	35 366 000	35 356 000	35 528 000	35 652 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 150 000	300 000	323 000	399 000
Expenditure	1 140 000	471 000	431 000	477 000
Operating Profit	10 000	−170 000	−108 000	−78 000
Financial Income	0	0	0	1 617 000
Financial Costs	0	2 000	16 000	71 000
Financial Balance	0	−2 000	−16 000	1 546 000
Earnings Before Tax	10 000	−172 000	−124 000	1 469 000
Tax	0	0	0	0
Net Income	10 000	−172 000	−124 000	1 469 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 818 000	34 818 000	34 818 000	34 818 000
Total Current Assets	986 000	701 000	775 000	1 495 000
Total Assets	35 804 000	35 519 000	35 593 000	36 313 000
Total Retained Equity	33 766 000	33 756 000	33 928 000	34 052 000
Total Equity	35 366 000	35 356 000	35 528 000	35 652 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	438 000	162 000	65 000	660 000
Total Equity and Debt	35 804 000	35 519 000	35 593 000	36 313 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	700 000	300 000	0	0
Other Income	450 000	0	323 000	399 000
Revenue	1 150 000	300 000	323 000	399 000
Cost of Goods Sold	0	0	0	0
Salary Costs	252 000	123 000	94 000	114 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 140 000	471 000	431 000	477 000
Operating Profit	10 000	−170 000	−108 000	−78 000
Financial Income	0	0	0	1 617 000
Financial Costs	0	2 000	16 000	71 000
Financial Balance	0	−2 000	−16 000	1 546 000
Dividends	0	0	0	0
Net Income	10 000	−172 000	−124 000	1 469 000

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	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	34 818 000	34 818 000	34 818 000	34 818 000
Total Fixed Assets	34 818 000	34 818 000	34 818 000	34 818 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	230 000	276 000	769 000	5 000
Total Current Assets	986 000	701 000	775 000	1 495 000
Total Assets	35 804 000	35 519 000	35 593 000	36 313 000
Total Equity	35 366 000	35 356 000	35 528 000	35 652 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	393 000	23 000	19 000	34 000
Unpaid Taxes	28 000	120 000	0	0
Dividends	0	0	0	0
Other Current Debt	16 000	19 000	46 000	0
Total Current Debt	438 000	162 000	65 000	660 000
Total Equity and Debt	35 804 000	35 519 000	35 593 000	36 313 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,03 %	−0,49 %	−0,35 %	4,12 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,87 %	−56,67 %	−33,44 %	−19,55 %
Current Ratio	2,25	4,33	11,92	2,27
Quick Ratio	2,25	4,33	11,92	2,27
Equity Ratio	0,99	1	1	0,98
Gross Profit Margin	100 %	100 %	100 %	100 %