LINNEGRØVAN 17 AS

4640 SØGNE

Finances

Return on Equity

−48,66 %

Current Ratio

5,75

Debt-to-Equity Ratio

−7,99

Key figures (NOK)	2022	2021	2020	2019
Revenue	519 000	506 000	476 000	451 000
Net Income	164 000	72 000	23 000	5 000
Total Assets	2 366 000	2 559 000	2 519 000	2 628 000
Total Equity	−337 000	−501 000	−573 000	−595 000

Income (NOK)	2022	2021	2020	2019
Revenue	519 000	506 000	476 000	451 000
Expenditure	207 000	305 000	310 000	293 000
Operating Profit	312 000	201 000	166 000	158 000
Financial Income	0	0	0	0
Financial Costs	148 000	129 000	143 000	153 000
Financial Balance	−148 000	−129 000	−143 000	−153 000
Earnings Before Tax	164 000	72 000	23 000	5 000
Tax	0	0	0	0
Net Income	164 000	72 000	23 000	5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 298 000	2 361 000	2 435 000	2 541 000
Total Current Assets	69 000	198 000	84 000	87 000
Total Assets	2 366 000	2 559 000	2 519 000	2 628 000
Total Retained Equity	−487 000	−651 000	−723 000	−745 000
Total Equity	−337 000	−501 000	−573 000	−595 000
Total Long-Term Debt	2 691 000	2 877 000	3 063 000	3 194 000
Total Current Debt	12 000	183 000	28 000	29 000
Total Equity and Debt	2 366 000	2 559 000	2 519 000	2 628 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	519 000	506 000	476 000	451 000
Revenue	519 000	506 000	476 000	451 000
Cost of Goods Sold	0	0	0	0
Salary Costs	14 000	102 000	38 000	51 000
Depreciation	63 000	74 000	165 000	154 000
Impairment	0	0	0	0
Expenditure	207 000	305 000	310 000	293 000
Operating Profit	312 000	201 000	166 000	158 000
Financial Income	0	0	0	0
Financial Costs	148 000	129 000	143 000	153 000
Financial Balance	−148 000	−129 000	−143 000	−153 000
Dividends	0	0	0	0
Net Income	164 000	72 000	23 000	5 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 273 000	2 319 000	2 364 000	2 501 000
Machinery and Plant Facilities	0	6 000	23 000	40 000
Fixtures	24 000	36 000	48 000	0
Total Tangible Assets	2 298 000	2 361 000	2 435 000	2 541 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 298 000	2 361 000	2 435 000	2 541 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	45 000	14 000	79 000	80 000
Total Current Assets	69 000	198 000	84 000	87 000
Total Assets	2 366 000	2 559 000	2 519 000	2 628 000
Total Equity	−337 000	−501 000	−573 000	−595 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 691 000	2 877 000	3 063 000	3 194 000
Creditors	5 000	1 000	1 000	0
Unpaid Taxes	5 000	40 000	23 000	23 000
Dividends	0	0	0	0
Other Current Debt	2 000	141 000	4 000	5 000
Total Current Debt	12 000	183 000	28 000	29 000
Total Equity and Debt	2 366 000	2 559 000	2 519 000	2 628 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−48,66 %	−14,37 %	−4,01 %	−0,84 %
Debt-to-Equity Ratio	−7,99	−5,74	−5,35	−5,37
Operating Profit Margin	60,12 %	39,72 %	34,87 %	35,03 %
Current Ratio	5,75	1,08	3	3
Quick Ratio	5,75	1,08	3	3
Equity Ratio	−0,14	−0,2	−0,23	−0,23
Gross Profit Margin	100 %	100 %	100 %	100 %