LOFOTEN GOLFDRIFT AS

8314 GIMSØYSAND

Finances

Share Ownership

Return on Equity

21,4 %

Current Ratio

1,17

Debt-to-Equity Ratio

1,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 265 000	10 016 000	6 832 000	7 098 000
Net Income	263 000	−1 039 000	105 000	−1 644 000
Total Assets	7 620 000	3 285 000	3 200 000	2 258 000
Total Equity	1 229 000	966 000	1 005 000	900 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 265 000	10 016 000	6 832 000	7 098 000
Expenditure	12 973 000	10 999 000	6 689 000	8 738 000
Operating Profit	292 000	−982 000	143 000	−1 639 000
Financial Income	21 000	3 000	11 000	20 000
Financial Costs	51 000	60 000	49 000	25 000
Financial Balance	−30 000	−57 000	−38 000	−5 000
Earnings Before Tax	263 000	−1 039 000	105 000	−1 644 000
Tax	0	0	0	0
Net Income	263 000	−1 039 000	105 000	−1 644 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 378 000	578 000	462 000	311 000
Total Current Assets	5 241 000	2 707 000	2 738 000	1 947 000
Total Assets	7 620 000	3 285 000	3 200 000	2 258 000
Total Retained Equity	263 000	0	105 000	0
Total Equity	1 229 000	966 000	1 005 000	900 000
Total Long-Term Debt	1 910 000	563 000	553 000	333 000
Total Current Debt	4 481 000	1 756 000	1 641 000	1 025 000
Total Equity and Debt	7 620 000	3 285 000	3 200 000	2 258 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 459 000	10 016 000	6 801 000	7 098 000
Other Income	2 805 000	0	31 000	0
Revenue	13 265 000	10 016 000	6 832 000	7 098 000
Cost of Goods Sold	1 916 000	1 809 000	978 000	1 892 000
Salary Costs	4 661 000	4 266 000	2 251 000	2 962 000
Depreciation	247 000	167 000	129 000	58 000
Impairment	0	0	0	0
Expenditure	12 973 000	10 999 000	6 689 000	8 738 000
Operating Profit	292 000	−982 000	143 000	−1 639 000
Financial Income	21 000	3 000	11 000	20 000
Financial Costs	51 000	60 000	49 000	25 000
Financial Balance	−30 000	−57 000	−38 000	−5 000
Dividends	0	0	0	0
Net Income	263 000	−1 039 000	105 000	−1 644 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	726 000	0	0	0
Real Eastate	241 000	0	0	0
Machinery and Plant Facilities	1 028 000	0	0	0
Fixtures	378 000	573 000	457 000	306 000
Total Tangible Assets	1 647 000	573 000	457 000	306 000
Total Fiancial Fixed Assets	5 000	5 000	5 000	5 000
Total Fixed Assets	2 378 000	578 000	462 000	311 000
Stock	508 000	462 000	356 000	334 000
Total Investments	0	0	0	0
Cash, Bank	434 000	1 536 000	838 000	37 000
Total Current Assets	5 241 000	2 707 000	2 738 000	1 947 000
Total Assets	7 620 000	3 285 000	3 200 000	2 258 000
Total Equity	1 229 000	966 000	1 005 000	900 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 910 000	563 000	553 000	333 000
Creditors	3 523 000	179 000	244 000	491 000
Unpaid Taxes	178 000	113 000	55 000	56 000
Dividends	0	0	0	0
Other Current Debt	780 000	1 463 000	1 327 000	477 000
Total Current Debt	4 481 000	1 756 000	1 641 000	1 025 000
Total Equity and Debt	7 620 000	3 285 000	3 200 000	2 258 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,4 %	−107,56 %	10,45 %	−182,67 %
Debt-to-Equity Ratio	1,55	0,58	0,55	0,37
Operating Profit Margin	2,2 %	−9,8 %	2,09 %	−23,09 %
Current Ratio	1,17	1,54	1,67	1,9
Quick Ratio	1,32	2,09	2,13	2,82
Equity Ratio	0,16	0,29	0,31	0,4
Gross Profit Margin	85,56 %	81,94 %	85,69 %	73,34 %