LIFE NORDIC AS

0962 OSLO

Finances

Share Ownership

Return on Equity

−1,15 %

Current Ratio

3,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 757 000	1 369 000	4 996 000	1 998 000
Net Income	−15 000	1 911 000	−135 000	−172 000
Total Assets	1 924 000	3 191 000	1 248 000	1 511 000
Total Equity	1 307 000	1 181 000	771 000	864 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 757 000	1 369 000	4 996 000	1 998 000
Expenditure	1 779 000	448 000	5 115 000	1 902 000
Operating Profit	−22 000	922 000	−119 000	96 000
Financial Income	10 000	1 129 000	0	44 000
Financial Costs	2 000	0	17 000	312 000
Financial Balance	8 000	1 129 000	−17 000	−268 000
Earnings Before Tax	−15 000	2 051 000	−135 000	−172 000
Tax	0	140 000	0	0
Net Income	−15 000	1 911 000	−135 000	−172 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 000	1 047 000	712 000	519 000
Total Current Assets	1 906 000	2 144 000	536 000	992 000
Total Assets	1 924 000	3 191 000	1 248 000	1 511 000
Total Retained Equity	1 193 000	1 067 000	656 000	749 000
Total Equity	1 307 000	1 181 000	771 000	864 000
Total Long-Term Debt	0	0	0	597 000
Total Current Debt	617 000	2 010 000	478 000	51 000
Total Equity and Debt	1 924 000	3 191 000	1 248 000	1 511 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 757 000	1 369 000	4 996 000	1 998 000
Other Income	0	0	0	0
Revenue	1 757 000	1 369 000	4 996 000	1 998 000
Cost of Goods Sold	285 000	118 000	4 735 000	1 448 000
Salary Costs	877 000	20 000	12 000	135 000
Depreciation	9 000	33 000	0	59 000
Impairment	0	27 000	0	0
Expenditure	1 779 000	448 000	5 115 000	1 902 000
Operating Profit	−22 000	922 000	−119 000	96 000
Financial Income	10 000	1 129 000	0	44 000
Financial Costs	2 000	0	17 000	312 000
Financial Balance	8 000	1 129 000	−17 000	−268 000
Dividends	0	1 500 000	0	0
Net Income	−15 000	1 911 000	−135 000	−172 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	27 000	27 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	17 000	27 000	33 000	492 000
Total Tangible Assets	17 000	27 000	33 000	492 000
Total Fiancial Fixed Assets	0	1 021 000	653 000	0
Total Fixed Assets	17 000	1 047 000	712 000	519 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	287 000	1 851 000	190 000	20 000
Total Current Assets	1 906 000	2 144 000	536 000	992 000
Total Assets	1 924 000	3 191 000	1 248 000	1 511 000
Total Equity	1 307 000	1 181 000	771 000	864 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	597 000
Creditors	349 000	317 000	457 000	9 000
Unpaid Taxes	85 000	75 000	0	35 000
Dividends	0	1 500 000	0	0
Other Current Debt	217 000	0	21 000	7 000
Total Current Debt	617 000	2 010 000	478 000	51 000
Total Equity and Debt	1 924 000	3 191 000	1 248 000	1 511 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,15 %	161,81 %	−17,51 %	−19,91 %
Debt-to-Equity Ratio	0	0	0	0,69
Operating Profit Margin	−1,25 %	67,35 %	−2,38 %	4,8 %
Current Ratio	3,09	1,07	1,12	19,45
Quick Ratio	3,09	1,07	1,12	19,45
Equity Ratio	0,68	0,37	0,62	0,57
Gross Profit Margin	83,78 %	91,38 %	5,22 %	27,53 %