LOFOTEN EIENDOMSUTVIKLING AS

8373 BALLSTAD

Finances

Share Ownership

Return on Equity

74,53 %

Current Ratio

0,01

Debt-to-Equity Ratio

−1,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 479 000	3 570 000	261 000	853 000
Net Income	−4 196 000	3 020 000	−2 055 000	−624 000
Total Assets	9 231 000	15 294 000	5 566 000	6 296 000
Total Equity	−5 630 000	−1 434 000	−4 454 000	−2 399 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 479 000	3 570 000	261 000	853 000
Expenditure	5 003 000	134 000	2 053 000	1 218 000
Operating Profit	−3 524 000	3 436 000	−1 791 000	−365 000
Financial Income	0	21 000	1 000	0
Financial Costs	671 000	437 000	265 000	259 000
Financial Balance	−671 000	−416 000	−264 000	−259 000
Earnings Before Tax	−4 196 000	3 020 000	−2 055 000	−624 000
Tax	0	0	0	0
Net Income	−4 196 000	3 020 000	−2 055 000	−624 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 193 000	15 274 000	5 524 000	5 848 000
Total Current Assets	37 000	20 000	43 000	448 000
Total Assets	9 231 000	15 294 000	5 566 000	6 296 000
Total Retained Equity	−5 690 000	−1 494 000	−4 514 000	−2 459 000
Total Equity	−5 630 000	−1 434 000	−4 454 000	−2 399 000
Total Long-Term Debt	10 807 000	10 354 000	3 975 000	3 459 000
Total Current Debt	4 054 000	6 374 000	6 045 000	5 236 000
Total Equity and Debt	9 231 000	15 294 000	5 566 000	6 296 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 000	10 000	5 000	18 000
Other Income	1 460 000	3 559 000	256 000	835 000
Revenue	1 479 000	3 570 000	261 000	853 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	20 000
Depreciation	27 000	25 000	74 000	74 000
Impairment	0	0	0	0
Expenditure	5 003 000	134 000	2 053 000	1 218 000
Operating Profit	−3 524 000	3 436 000	−1 791 000	−365 000
Financial Income	0	21 000	1 000	0
Financial Costs	671 000	437 000	265 000	259 000
Financial Balance	−671 000	−416 000	−264 000	−259 000
Dividends	0	0	0	0
Net Income	−4 196 000	3 020 000	−2 055 000	−624 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 141 000	15 225 000	5 450 000	5 749 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	52 000	49 000	74 000	99 000
Total Tangible Assets	9 193 000	15 274 000	5 524 000	5 848 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 193 000	15 274 000	5 524 000	5 848 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 000	3 000	20 000	41 000
Total Current Assets	37 000	20 000	43 000	448 000
Total Assets	9 231 000	15 294 000	5 566 000	6 296 000
Total Equity	−5 630 000	−1 434 000	−4 454 000	−2 399 000
Short-Term Group Debt	215 000	203 000	0	0
Total Long-Term Debt	10 807 000	10 354 000	3 975 000	3 459 000
Creditors	871 000	512 000	637 000	786 000
Unpaid Taxes	0	0	0	3 000
Dividends	0	0	0	0
Other Current Debt	2 967 000	5 659 000	5 407 000	4 447 000
Total Current Debt	4 054 000	6 374 000	6 045 000	5 236 000
Total Equity and Debt	9 231 000	15 294 000	5 566 000	6 296 000

Financial indicators	2022	2021	2020	2019
Return on Equity	74,53 %	−210,6 %	46,14 %	26,01 %
Debt-to-Equity Ratio	−1,92	−7,22	−0,89	−1,44
Operating Profit Margin	−238,27 %	96,25 %	−686,21 %	−42,79 %
Current Ratio	0,01	0	0,01	0,09
Quick Ratio	0,01	0	0,01	0,09
Equity Ratio	−0,61	−0,09	−0,8	−0,38
Gross Profit Margin	100 %	100 %	100 %	100 %