LOFOTEN GOLFBANE AS

8314 GIMSØYSAND

Finances

Share Ownership

Return on Equity

16,87 %

Current Ratio

4,3

Debt-to-Equity Ratio

7,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	989 000	988 000	988 000	1 282 000
Net Income	574 000	1 255 000	417 000	214 000
Total Assets	28 552 000	27 408 000	28 216 000	27 625 000
Total Equity	3 402 000	2 828 000	1 979 000	1 561 000

Income (NOK)	2022	2021	2020	2019
Revenue	989 000	988 000	988 000	1 282 000
Expenditure	316 000	−386 000	568 000	1 053 000
Operating Profit	673 000	1 374 000	420 000	229 000
Financial Income	0	0	0	0
Financial Costs	0	5 000	2 000	15 000
Financial Balance	0	−5 000	−2 000	−15 000
Earnings Before Tax	673 000	1 369 000	417 000	214 000
Tax	99 000	114 000	0	0
Net Income	574 000	1 255 000	417 000	214 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 350 000	27 290 000	27 244 000	27 359 000
Total Current Assets	1 203 000	119 000	972 000	267 000
Total Assets	28 552 000	27 408 000	28 216 000	27 625 000
Total Retained Equity	2 074 000	1 500 000	651 000	234 000
Total Equity	3 402 000	2 828 000	1 979 000	1 561 000
Total Long-Term Debt	24 870 000	0	0	0
Total Current Debt	280 000	24 581 000	26 237 000	26 064 000
Total Equity and Debt	28 552 000	27 408 000	28 216 000	27 625 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	989 000	988 000	988 000	1 282 000
Other Income	0	0	0	0
Revenue	989 000	988 000	988 000	1 282 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	13 000
Depreciation	24 000	77 000	115 000	375 000
Impairment	0	0	0	0
Expenditure	316 000	−386 000	568 000	1 053 000
Operating Profit	673 000	1 374 000	420 000	229 000
Financial Income	0	0	0	0
Financial Costs	0	5 000	2 000	15 000
Financial Balance	0	−5 000	−2 000	−15 000
Dividends	0	0	0	0
Net Income	574 000	1 255 000	417 000	214 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 794 000	1 722 000	1 796 000	1 882 000
Machinery and Plant Facilities	108 000	120 000	0	29 000
Fixtures	25 448 000	25 448 000	25 448 000	25 448 000
Total Tangible Assets	27 350 000	27 290 000	27 244 000	27 359 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	27 350 000	27 290 000	27 244 000	27 359 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	16 000	112 000	16 000	8 000
Total Current Assets	1 203 000	119 000	972 000	267 000
Total Assets	28 552 000	27 408 000	28 216 000	27 625 000
Total Equity	3 402 000	2 828 000	1 979 000	1 561 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	24 870 000	0	0	0
Creditors	176 000	72 000	1 691 000	1 556 000
Unpaid Taxes	5 000	30 000	24 000	24 000
Dividends	0	0	0	0
Other Current Debt	0	24 478 000	24 522 000	24 484 000
Total Current Debt	280 000	24 581 000	26 237 000	26 064 000
Total Equity and Debt	28 552 000	27 408 000	28 216 000	27 625 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,87 %	44,38 %	21,07 %	13,71 %
Debt-to-Equity Ratio	7,31	0	0	0
Operating Profit Margin	68,05 %	139,07 %	42,51 %	17,86 %
Current Ratio	4,3	0	0,04	0,01
Quick Ratio	4,3	0	0,04	0,01
Equity Ratio	0,12	0,1	0,07	0,06
Gross Profit Margin	100 %	100 %	100 %	100 %