LUPINUS AS

4014 STAVANGER

Finances

Share Ownership

Return on Equity

10,65 %

Current Ratio

2,14

Debt-to-Equity Ratio

4,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	360 000	360 000	360 000	360 000
Net Income	69 000	90 000	77 000	89 000
Total Assets	3 814 000	3 898 000	3 954 000	4 018 000
Total Equity	648 000	580 000	490 000	412 000

Income (NOK)	2022	2021	2020	2019
Revenue	360 000	360 000	360 000	360 000
Expenditure	146 000	147 000	152 000	130 000
Operating Profit	214 000	213 000	208 000	230 000
Financial Income	5 000	5 000	4 000	0
Financial Costs	130 000	102 000	113 000	116 000
Financial Balance	−125 000	−97 000	−109 000	−116 000
Earnings Before Tax	88 000	115 000	99 000	114 000
Tax	19 000	25 000	22 000	25 000
Net Income	69 000	90 000	77 000	89 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 570 000	3 643 000	3 720 000	3 813 000
Total Current Assets	244 000	255 000	235 000	205 000
Total Assets	3 814 000	3 898 000	3 954 000	4 018 000
Total Retained Equity	618 000	550 000	460 000	382 000
Total Equity	648 000	580 000	490 000	412 000
Total Long-Term Debt	3 053 000	2 690 000	2 839 000	2 989 000
Total Current Debt	114 000	629 000	625 000	617 000
Total Equity and Debt	3 814 000	3 898 000	3 954 000	4 018 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	360 000	360 000	360 000	360 000
Revenue	360 000	360 000	360 000	360 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	78 000	78 000	103 000	84 000
Impairment	0	0	0	0
Expenditure	146 000	147 000	152 000	130 000
Operating Profit	214 000	213 000	208 000	230 000
Financial Income	5 000	5 000	4 000	0
Financial Costs	130 000	102 000	113 000	116 000
Financial Balance	−125 000	−97 000	−109 000	−116 000
Dividends	0	0	0	0
Net Income	69 000	90 000	77 000	89 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	17 000	11 000	10 000	0
Real Eastate	3 554 000	3 632 000	3 710 000	3 788 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	25 000
Total Tangible Assets	3 554 000	3 632 000	3 710 000	3 813 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 570 000	3 643 000	3 720 000	3 813 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	233 000	255 000	227 000	205 000
Total Current Assets	244 000	255 000	235 000	205 000
Total Assets	3 814 000	3 898 000	3 954 000	4 018 000
Total Equity	648 000	580 000	490 000	412 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 053 000	2 690 000	2 839 000	2 989 000
Creditors	0	5 000	0	−10 000
Unpaid Taxes	88 000	89 000	89 000	89 000
Dividends	0	0	0	0
Other Current Debt	1 000	508 000	505 000	508 000
Total Current Debt	114 000	629 000	625 000	617 000
Total Equity and Debt	3 814 000	3 898 000	3 954 000	4 018 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,65 %	15,52 %	15,71 %	21,6 %
Debt-to-Equity Ratio	4,71	4,64	5,79	7,25
Operating Profit Margin	59,44 %	59,17 %	57,78 %	63,89 %
Current Ratio	2,14	0,41	0,38	0,33
Quick Ratio	2,14	0,41	0,38	0,33
Equity Ratio	0,17	0,15	0,12	0,1
Gross Profit Margin	100 %	100 %	100 %	100 %