ASIA MAT LOFOTEN AS

8370 LEKNES

Finances

Share Ownership

Return on Equity

−9,28 %

Current Ratio

1,47

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	1 057 000	1 509 000	1 203 000	1 450 000
Net Income	−22 000	−45 000	−218 000	−187 000
Total Assets	732 000	706 000	566 000	774 000
Total Equity	237 000	259 000	−1 281 000	−1 064 000

Income (NOK)	2021	2020	2019	2018
Revenue	1 057 000	1 509 000	1 203 000	1 450 000
Expenditure	1 077 000	1 554 000	1 420 000	1 634 000
Operating Profit	−20 000	−45 000	−218 000	−184 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	3 000
Financial Balance	−2 000	0	0	−3 000
Earnings Before Tax	−22 000	−45 000	−218 000	−187 000
Tax	0	0	0	0
Net Income	−22 000	−45 000	−218 000	−187 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	5 000	18 000	31 000	43 000
Total Current Assets	727 000	688 000	535 000	731 000
Total Assets	732 000	706 000	566 000	774 000
Total Retained Equity	−1 748 000	−1 726 000	−1 681 000	−1 464 000
Total Equity	237 000	259 000	−1 281 000	−1 064 000
Total Long-Term Debt	0	0	16 000	141 000
Total Current Debt	495 000	447 000	1 831 000	1 696 000
Total Equity and Debt	732 000	706 000	566 000	774 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	1 056 000	1 507 000	1 200 000	1 438 000
Other Income	1 000	2 000	4 000	12 000
Revenue	1 057 000	1 509 000	1 203 000	1 450 000
Cost of Goods Sold	497 000	865 000	799 000	619 000
Salary Costs	87 000	194 000	25 000	377 000
Depreciation	13 000	13 000	13 000	13 000
Impairment	0	0	0	0
Expenditure	1 077 000	1 554 000	1 420 000	1 634 000
Operating Profit	−20 000	−45 000	−218 000	−184 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	3 000
Financial Balance	−2 000	0	0	−3 000
Dividends	0	0	0	0
Net Income	−22 000	−45 000	−218 000	−187 000

Balance details (NOK)	2021	2020	2019	2018
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	3 000	17 000	30 000	43 000
Total Tangible Assets	3 000	17 000	30 000	43 000
Total Fiancial Fixed Assets	2 000	2 000	2 000	0
Total Fixed Assets	5 000	18 000	31 000	43 000
Stock	590 000	584 000	466 000	645 000
Total Investments	0	0	0	0
Cash, Bank	52 000	31 000	14 000	22 000
Total Current Assets	727 000	688 000	535 000	731 000
Total Assets	732 000	706 000	566 000	774 000
Total Equity	237 000	259 000	−1 281 000	−1 064 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	16 000	141 000
Creditors	75 000	94 000	113 000	166 000
Unpaid Taxes	28 000	17 000	0	42 000
Dividends	0	0	0	0
Other Current Debt	391 000	336 000	1 718 000	1 488 000
Total Current Debt	495 000	447 000	1 831 000	1 696 000
Total Equity and Debt	732 000	706 000	566 000	774 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−9,28 %	−17,37 %	17,02 %	17,58 %
Debt-to-Equity Ratio	0	0	−0,01	−0,13
Operating Profit Margin	−1,89 %	−2,98 %	−18,12 %	−12,69 %
Current Ratio	1,47	1,54	0,29	0,43
Quick Ratio	−7,65	−5,02	0,39	0,7
Equity Ratio	0,32	0,37	−2,26	−1,37
Gross Profit Margin	52,98 %	42,68 %	33,58 %	57,31 %