LUNDENESET VGS AS

5582 ØLENSVÅG

Finances

Return on Equity

−0,37 %

Current Ratio

0,79

Debt-to-Equity Ratio

0,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	44 951 000	44 697 000	42 291 000	43 540 000
Net Income	−106 000	122 000	2 805 000	2 573 000
Total Assets	58 942 000	60 436 000	62 815 000	59 946 000
Total Equity	28 319 000	28 425 000	28 303 000	25 498 000

Income (NOK)	2022	2021	2020	2019
Revenue	44 951 000	44 697 000	42 291 000	43 540 000
Expenditure	44 256 000	43 880 000	38 595 000	40 080 000
Operating Profit	695 000	817 000	3 695 000	3 459 000
Financial Income	97 000	90 000	38 000	66 000
Financial Costs	898 000	785 000	929 000	952 000
Financial Balance	−801 000	−695 000	−891 000	−886 000
Earnings Before Tax	−106 000	122 000	2 805 000	2 573 000
Tax	0	0	0	0
Net Income	−106 000	122 000	2 805 000	2 573 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	53 132 000	54 066 000	55 681 000	50 877 000
Total Current Assets	5 810 000	6 370 000	7 133 000	9 069 000
Total Assets	58 942 000	60 436 000	62 815 000	59 946 000
Total Retained Equity	28 215 000	28 321 000	28 199 000	25 394 000
Total Equity	28 319 000	28 425 000	28 303 000	25 498 000
Total Long-Term Debt	23 279 000	24 648 000	26 119 000	27 447 000
Total Current Debt	7 344 000	7 363 000	8 393 000	7 001 000
Total Equity and Debt	58 942 000	60 436 000	62 815 000	59 946 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	44 951 000	44 697 000	42 291 000	43 540 000
Other Income	0	0	0	0
Revenue	44 951 000	44 697 000	42 291 000	43 540 000
Cost of Goods Sold	2 205 000	2 118 000	1 695 000	1 976 000
Salary Costs	30 571 000	29 753 000	28 064 000	28 467 000
Depreciation	2 775 000	2 623 000	2 526 000	2 944 000
Impairment	8 705 000	0	0	0
Expenditure	44 256 000	43 880 000	38 595 000	40 080 000
Operating Profit	695 000	817 000	3 695 000	3 459 000
Financial Income	97 000	90 000	38 000	66 000
Financial Costs	898 000	785 000	929 000	952 000
Financial Balance	−801 000	−695 000	−891 000	−886 000
Dividends	0	0	0	0
Net Income	−106 000	122 000	2 805 000	2 573 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	51 231 000	53 648 000	55 236 000	50 213 000
Machinery and Plant Facilities	107 000	107 000	107 000	107 000
Fixtures	1 791 000	308 000	336 000	555 000
Total Tangible Assets	53 129 000	54 063 000	55 679 000	50 874 000
Total Fiancial Fixed Assets	3 000	3 000	3 000	3 000
Total Fixed Assets	53 132 000	54 066 000	55 681 000	50 877 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 340 000	4 870 000	4 787 000	7 811 000
Total Current Assets	5 810 000	6 370 000	7 133 000	9 069 000
Total Assets	58 942 000	60 436 000	62 815 000	59 946 000
Total Equity	28 319 000	28 425 000	28 303 000	25 498 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	23 279 000	24 648 000	26 119 000	27 447 000
Creditors	1 624 000	1 928 000	2 842 000	1 648 000
Unpaid Taxes	2 075 000	2 021 000	1 876 000	1 776 000
Dividends	0	0	0	0
Other Current Debt	3 644 000	3 414 000	3 675 000	3 577 000
Total Current Debt	7 344 000	7 363 000	8 393 000	7 001 000
Total Equity and Debt	58 942 000	60 436 000	62 815 000	59 946 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,37 %	0,43 %	9,91 %	10,09 %
Debt-to-Equity Ratio	0,82	0,87	0,92	1,08
Operating Profit Margin	1,55 %	1,83 %	8,74 %	7,94 %
Current Ratio	0,79	0,87	0,85	1,3
Quick Ratio	0,79	0,87	0,85	1,3
Equity Ratio	0,48	0,47	0,45	0,43
Gross Profit Margin	95,09 %	95,26 %	95,99 %	95,46 %