KENNETH LYNNE AS

0552 OSLO

Finances

Return on Equity

160,92 %

Current Ratio

1,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 055 000	2 200 000	2 861 000	740 000
Net Income	1 717 000	487 000	979 000	324 000
Total Assets	2 605 000	1 557 000	1 718 000	701 000
Total Equity	1 067 000	1 030 000	543 000	204 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 055 000	2 200 000	2 861 000	740 000
Expenditure	2 846 000	1 580 000	1 642 000	325 000
Operating Profit	2 211 000	620 000	1 218 000	415 000
Financial Income	5 000	0	51 000	1 000
Financial Costs	16 000	2 000	14 000	0
Financial Balance	−11 000	−2 000	37 000	1 000
Earnings Before Tax	2 200 000	618 000	1 255 000	416 000
Tax	484 000	131 000	276 000	91 000
Net Income	1 717 000	487 000	979 000	324 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	220 000	197 000	30 000	0
Total Current Assets	2 385 000	1 360 000	1 688 000	701 000
Total Assets	2 605 000	1 557 000	1 718 000	701 000
Total Retained Equity	1 037 000	1 000 000	513 000	174 000
Total Equity	1 067 000	1 030 000	543 000	204 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 538 000	527 000	1 175 000	497 000
Total Equity and Debt	2 605 000	1 557 000	1 718 000	701 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 055 000	2 200 000	2 861 000	740 000
Other Income	0	0	0	0
Revenue	5 055 000	2 200 000	2 861 000	740 000
Cost of Goods Sold	404 000	0	36 000	9 000
Salary Costs	867 000	1 473 000	1 403 000	269 000
Depreciation	23 000	7 000	0	0
Impairment	0	0	0	0
Expenditure	2 846 000	1 580 000	1 642 000	325 000
Operating Profit	2 211 000	620 000	1 218 000	415 000
Financial Income	5 000	0	51 000	1 000
Financial Costs	16 000	2 000	14 000	0
Financial Balance	−11 000	−2 000	37 000	1 000
Dividends	1 680 000	0	500 000	150 000
Net Income	1 717 000	487 000	979 000	324 000

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	43 000	30 000	17 000	0
Total Tangible Assets	43 000	30 000	17 000	0
Total Fiancial Fixed Assets	177 000	167 000	13 000	0
Total Fixed Assets	220 000	197 000	30 000	0
Stock	0	0	0	0
Total Investments	820 000	0	0	0
Cash, Bank	971 000	1 009 000	1 529 000	434 000
Total Current Assets	2 385 000	1 360 000	1 688 000	701 000
Total Assets	2 605 000	1 557 000	1 718 000	701 000
Total Equity	1 067 000	1 030 000	543 000	204 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	215 000	0	7 000	11 000
Unpaid Taxes	154 000	249 000	243 000	219 000
Dividends	1 680 000	0	500 000	150 000
Other Current Debt	85 000	142 000	149 000	25 000
Total Current Debt	1 538 000	527 000	1 175 000	497 000
Total Equity and Debt	2 605 000	1 557 000	1 718 000	701 000

Financial indicators	2022	2021	2020	2019
Return on Equity	160,92 %	47,28 %	180,29 %	158,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	43,74 %	28,18 %	42,57 %	56,08 %
Current Ratio	1,55	2,58	1,44	1,41
Quick Ratio	1,55	2,58	1,44	1,41
Equity Ratio	0,41	0,66	0,32	0,29
Gross Profit Margin	92,01 %	100 %	98,74 %	98,78 %