LUNDE INITIATIVE AS

2668 LESJASKOG

Finances

Return on Equity

−142,86 %

Current Ratio

0,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 000	396 000	154 000	107 000
Net Income	−50 000	−3 000	0	70 000
Total Assets	88 000	196 000	206 000	108 000
Total Equity	35 000	86 000	89 000	89 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 000	396 000	154 000	107 000
Expenditure	62 000	398 000	153 000	20 000
Operating Profit	−50 000	−1 000	0	86 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	0	0
Financial Balance	0	−2 000	0	0
Earnings Before Tax	−50 000	−3 000	0	86 000
Tax	0	0	0	17 000
Net Income	−50 000	−3 000	0	70 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	72 000	75 000	54 000	0
Total Current Assets	17 000	121 000	152 000	108 000
Total Assets	88 000	196 000	206 000	108 000
Total Retained Equity	11 000	61 000	64 000	64 000
Total Equity	35 000	86 000	89 000	89 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	53 000	111 000	117 000	19 000
Total Equity and Debt	88 000	196 000	206 000	108 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 000	326 000	97 000	19 000
Other Income	12 000	71 000	57 000	88 000
Revenue	12 000	396 000	154 000	107 000
Cost of Goods Sold	0	264 000	0	0
Salary Costs	0	0	27 000	0
Depreciation	3 000	3 000	1 000	0
Impairment	0	0	0	0
Expenditure	62 000	398 000	153 000	20 000
Operating Profit	−50 000	−1 000	0	86 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	0	0
Financial Balance	0	−2 000	0	0
Dividends	0	0	0	0
Net Income	−50 000	−3 000	0	70 000

Balance details (NOK)	2022	2021	2020	2019
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	24 000	27 000	30 000	0
Total Tangible Assets	24 000	27 000	30 000	0
Total Fiancial Fixed Assets	48 000	48 000	24 000	0
Total Fixed Assets	72 000	75 000	54 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	15 000	114 000	55 000	108 000
Total Current Assets	17 000	121 000	152 000	108 000
Total Assets	88 000	196 000	206 000	108 000
Total Equity	35 000	86 000	89 000	89 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 000	41 000	82 000	3 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	46 000	69 000	35 000	0
Total Current Debt	53 000	111 000	117 000	19 000
Total Equity and Debt	88 000	196 000	206 000	108 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−142,86 %	−3,49 %	0 %	78,65 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−416,67 %	−0,25 %	0 %	80,37 %
Current Ratio	0,32	1,09	1,3	5,68
Quick Ratio	0,32	1,09	1,3	5,68
Equity Ratio	0,4	0,44	0,43	0,82
Gross Profit Margin	100 %	33,33 %	100 %	100 %