LINNESTAD AS

3810 GVARV

Finances

Return on Equity

−13,56 %

Current Ratio

15,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	92 000	93 000	53 000	401 000
Net Income	−890 000	4 552 000	1 518 000	266 000
Total Assets	6 909 000	8 064 000	4 427 000	4 245 000
Total Equity	6 565 000	7 704 000	4 052 000	3 534 000

Income (NOK)	2022	2021	2020	2019
Revenue	92 000	93 000	53 000	401 000
Expenditure	768 000	588 000	408 000	357 000
Operating Profit	−676 000	−495 000	−355 000	38 000
Financial Income	330 000	5 047 000	1 879 000	228 000
Financial Costs	544 000	0	6 000	0
Financial Balance	−214 000	5 047 000	1 873 000	228 000
Earnings Before Tax	−890 000	4 552 000	1 518 000	266 000
Tax	0	0	0	0
Net Income	−890 000	4 552 000	1 518 000	266 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 746 000	1 985 000	1 119 000	1 180 000
Total Current Assets	5 163 000	6 079 000	3 308 000	3 065 000
Total Assets	6 909 000	8 064 000	4 427 000	4 245 000
Total Retained Equity	6 465 000	7 604 000	3 952 000	3 434 000
Total Equity	6 565 000	7 704 000	4 052 000	3 534 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	344 000	360 000	375 000	711 000
Total Equity and Debt	6 909 000	8 064 000	4 427 000	4 245 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	92 000	93 000	53 000	105 000
Other Income	0	0	0	296 000
Revenue	92 000	93 000	53 000	401 000
Cost of Goods Sold	0	37 000	0	0
Salary Costs	0	1 000	2 000	0
Depreciation	239 000	173 000	61 000	138 000
Impairment	0	0	0	0
Expenditure	768 000	588 000	408 000	357 000
Operating Profit	−676 000	−495 000	−355 000	38 000
Financial Income	330 000	5 047 000	1 879 000	228 000
Financial Costs	544 000	0	6 000	0
Financial Balance	−214 000	5 047 000	1 873 000	228 000
Dividends	0	0	0	0
Net Income	−890 000	4 552 000	1 518 000	266 000

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	710 000	948 000	82 000	143 000
Total Tangible Assets	710 000	948 000	82 000	143 000
Total Fiancial Fixed Assets	1 037 000	1 037 000	1 037 000	1 037 000
Total Fixed Assets	1 746 000	1 985 000	1 119 000	1 180 000
Stock	0	0	0	0
Total Investments	1 719 000	2 000 000	0	0
Cash, Bank	3 420 000	3 935 000	3 232 000	2 897 000
Total Current Assets	5 163 000	6 079 000	3 308 000	3 065 000
Total Assets	6 909 000	8 064 000	4 427 000	4 245 000
Total Equity	6 565 000	7 704 000	4 052 000	3 534 000
Short-Term Group Debt	70 000	70 000	70 000	70 000
Total Long-Term Debt	0	0	0	0
Creditors	4 000	1 000	0	3 000
Unpaid Taxes	4 000	0	0	332 000
Dividends	0	0	0	0
Other Current Debt	266 000	288 000	304 000	306 000
Total Current Debt	344 000	360 000	375 000	711 000
Total Equity and Debt	6 909 000	8 064 000	4 427 000	4 245 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,56 %	59,09 %	37,46 %	7,53 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−734,78 %	−532,26 %	−669,81 %	9,48 %
Current Ratio	15,01	16,89	8,82	4,31
Quick Ratio	15,01	16,89	8,82	4,31
Equity Ratio	0,95	0,96	0,92	0,83
Gross Profit Margin	100 %	60,22 %	100 %	100 %