LUNDANES EIENDOM AS

6013 ÅLESUND

Finances

Share Ownership

Return on Equity

6,38 %

Current Ratio

4,07

Debt-to-Equity Ratio

1,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	357 000	329 000	241 000	241 000
Net Income	60 000	97 000	111 000	131 000
Total Assets	2 750 000	2 829 000	2 877 000	1 056 000
Total Equity	941 000	881 000	784 000	673 000

Income (NOK)	2022	2021	2020	2019
Revenue	357 000	329 000	241 000	241 000
Expenditure	189 000	152 000	72 000	58 000
Operating Profit	167 000	177 000	169 000	183 000
Financial Income	0	0	0	0
Financial Costs	90 000	72 000	27 000	14 000
Financial Balance	−90 000	−72 000	−27 000	−14 000
Earnings Before Tax	77 000	105 000	142 000	169 000
Tax	17 000	8 000	31 000	37 000
Net Income	60 000	97 000	111 000	131 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 580 000	2 641 000	2 704 000	1 054 000
Total Current Assets	171 000	188 000	173 000	2 000
Total Assets	2 750 000	2 829 000	2 877 000	1 056 000
Total Retained Equity	841 000	781 000	684 000	573 000
Total Equity	941 000	881 000	784 000	673 000
Total Long-Term Debt	1 767 000	1 872 000	2 000 000	0
Total Current Debt	42 000	75 000	93 000	383 000
Total Equity and Debt	2 750 000	2 829 000	2 877 000	1 056 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	357 000	329 000	241 000	241 000
Revenue	357 000	329 000	241 000	241 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	61 000	63 000	42 000	33 000
Impairment	0	0	0	0
Expenditure	189 000	152 000	72 000	58 000
Operating Profit	167 000	177 000	169 000	183 000
Financial Income	0	0	0	0
Financial Costs	90 000	72 000	27 000	14 000
Financial Balance	−90 000	−72 000	−27 000	−14 000
Dividends	0	0	0	0
Net Income	60 000	97 000	111 000	131 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 569 000	2 628 000	2 688 000	1 034 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	10 000	13 000	16 000	20 000
Total Tangible Assets	2 580 000	2 641 000	2 704 000	1 054 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 580 000	2 641 000	2 704 000	1 054 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	60 000	68 000	103 000	2 000
Total Current Assets	171 000	188 000	173 000	2 000
Total Assets	2 750 000	2 829 000	2 877 000	1 056 000
Total Equity	941 000	881 000	784 000	673 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 767 000	1 872 000	2 000 000	0
Creditors	−14 000	8 000	5 000	256 000
Unpaid Taxes	46 000	52 000	51 000	57 000
Dividends	0	0	0	0
Other Current Debt	32 000	32 000	32 000	32 000
Total Current Debt	42 000	75 000	93 000	383 000
Total Equity and Debt	2 750 000	2 829 000	2 877 000	1 056 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,38 %	11,01 %	14,16 %	19,47 %
Debt-to-Equity Ratio	1,88	2,12	2,55	0
Operating Profit Margin	46,78 %	53,8 %	70,12 %	75,93 %
Current Ratio	4,07	2,51	1,86	0,01
Quick Ratio	4,07	2,51	1,86	0,01
Equity Ratio	0,34	0,31	0,27	0,64
Gross Profit Margin	100 %	100 %	100 %	100 %