LOFOTEN REALESTATE AS

8370 LEKNES

Finances

Share Ownership

Return on Equity

33,37 %

Current Ratio

0,19

Debt-to-Equity Ratio

1,9

Key figures (NOK)	2021	2020	2019	2018
Revenue	486 000	280 000	642 000	715 000
Net Income	1 173 000	489 000	1 057 000	108 000
Total Assets	11 249 000	9 003 000	4 482 000	1 529 000
Total Equity	3 515 000	2 342 000	1 320 000	−283 000

Income (NOK)	2021	2020	2019	2018
Revenue	486 000	280 000	642 000	715 000
Expenditure	1 175 000	652 000	352 000	453 000
Operating Profit	−690 000	−373 000	291 000	263 000
Financial Income	0	1 000	0	0
Financial Costs	228 000	312 000	122 000	98 000
Financial Balance	−228 000	−311 000	−122 000	−98 000
Earnings Before Tax	−918 000	−684 000	169 000	165 000
Tax	0	0	0	57 000
Net Income	1 173 000	489 000	1 057 000	108 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	11 052 000	8 825 000	4 185 000	1 357 000
Total Current Assets	198 000	178 000	297 000	172 000
Total Assets	11 249 000	9 003 000	4 482 000	1 529 000
Total Retained Equity	2 369 000	1 196 000	674 000	−383 000
Total Equity	3 515 000	2 342 000	1 320 000	−283 000
Total Long-Term Debt	6 690 000	6 036 000	2 941 000	1 687 000
Total Current Debt	1 045 000	625 000	221 000	125 000
Total Equity and Debt	11 249 000	9 003 000	4 482 000	1 529 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	127 000	55 000	555 000	644 000
Other Income	358 000	225 000	87 000	71 000
Revenue	486 000	280 000	642 000	715 000
Cost of Goods Sold	12 000	5 000	70 000	3 000
Salary Costs	575 000	221 000	404 000	172 000
Depreciation	94 000	109 000	−448 000	103 000
Impairment	0	0	0	0
Expenditure	1 175 000	652 000	352 000	453 000
Operating Profit	−690 000	−373 000	291 000	263 000
Financial Income	0	1 000	0	0
Financial Costs	228 000	312 000	122 000	98 000
Financial Balance	−228 000	−311 000	−122 000	−98 000
Dividends	0	0	0	0
Net Income	1 173 000	489 000	1 057 000	108 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 918 000	8 711 000	4 018 000	1 137 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	134 000	114 000	167 000	219 000
Total Tangible Assets	11 052 000	8 825 000	4 185 000	1 357 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 052 000	8 825 000	4 185 000	1 357 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	189 000	41 000	87 000	130 000
Total Current Assets	198 000	178 000	297 000	172 000
Total Assets	11 249 000	9 003 000	4 482 000	1 529 000
Total Equity	3 515 000	2 342 000	1 320 000	−283 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 690 000	6 036 000	2 941 000	1 687 000
Creditors	69 000	305 000	156 000	18 000
Unpaid Taxes	52 000	40 000	24 000	50 000
Dividends	0	0	0	0
Other Current Debt	924 000	280 000	41 000	0
Total Current Debt	1 045 000	625 000	221 000	125 000
Total Equity and Debt	11 249 000	9 003 000	4 482 000	1 529 000

Financial indicators	2021	2020	2019	2018
Return on Equity	33,37 %	20,88 %	80,08 %	−38,16 %
Debt-to-Equity Ratio	1,9	2,58	2,23	−5,96
Operating Profit Margin	−141,98 %	−133,21 %	45,33 %	36,78 %
Current Ratio	0,19	0,28	1,34	1,38
Quick Ratio	0,19	0,28	1,34	1,38
Equity Ratio	0,31	0,26	0,29	−0,19
Gross Profit Margin	97,53 %	98,21 %	89,1 %	99,58 %