K. LUND OFFSHORE AS

4050 SOLA

Finances

Return on Equity

19,41 %

Current Ratio

1,17

Debt-to-Equity Ratio

0,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	169 684 000	101 769 000	74 856 000	73 082 000
Net Income	7 084 000	7 199 000	−333 000	−5 498 000
Total Assets	100 863 000	89 526 000	64 694 000	67 793 000
Total Equity	36 501 000	29 417 000	19 828 000	20 161 000

Income (NOK)	2022	2021	2020	2019
Revenue	169 684 000	101 769 000	74 856 000	73 082 000
Expenditure	157 114 000	91 320 000	72 114 000	79 404 000
Operating Profit	12 570 000	10 448 000	2 741 000	−6 322 000
Financial Income	13 000	1 684 000	9 504 000	1 556 000
Financial Costs	3 474 000	2 879 000	10 327 000	2 263 000
Financial Balance	−3 461 000	−1 195 000	−823 000	−707 000
Earnings Before Tax	9 108 000	9 253 000	1 918 000	−7 029 000
Tax	2 024 000	2 055 000	2 251 000	−1 532 000
Net Income	7 084 000	7 199 000	−333 000	−5 498 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	38 111 000	37 886 000	37 615 000	39 880 000
Total Current Assets	62 753 000	51 641 000	27 078 000	27 913 000
Total Assets	100 863 000	89 526 000	64 694 000	67 793 000
Total Retained Equity	7 084 000	0	−8 756 000	−8 422 000
Total Equity	36 501 000	29 417 000	19 828 000	20 161 000
Total Long-Term Debt	10 578 000	10 891 000	11 762 000	11 628 000
Total Current Debt	53 785 000	49 218 000	33 103 000	36 004 000
Total Equity and Debt	100 863 000	89 526 000	64 694 000	67 793 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	168 244 000	100 306 000	74 856 000	73 082 000
Other Income	1 440 000	1 463 000	0	0
Revenue	169 684 000	101 769 000	74 856 000	73 082 000
Cost of Goods Sold	108 241 000	53 234 000	37 597 000	38 764 000
Salary Costs	34 902 000	26 254 000	23 746 000	28 663 000
Depreciation	941 000	1 345 000	1 510 000	2 266 000
Impairment	0	0	0	0
Expenditure	157 114 000	91 320 000	72 114 000	79 404 000
Operating Profit	12 570 000	10 448 000	2 741 000	−6 322 000
Financial Income	13 000	1 684 000	9 504 000	1 556 000
Financial Costs	3 474 000	2 879 000	10 327 000	2 263 000
Financial Balance	−3 461 000	−1 195 000	−823 000	−707 000
Dividends	0	0	0	0
Net Income	7 084 000	7 199 000	−333 000	−5 498 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	1 518 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	166 000	206 000	0	0
Fixtures	665 000	1 443 000	2 754 000	3 501 000
Total Tangible Assets	830 000	1 649 000	2 754 000	3 501 000
Total Fiancial Fixed Assets	37 280 000	36 237 000	34 861 000	34 861 000
Total Fixed Assets	38 111 000	37 886 000	37 615 000	39 880 000
Stock	26 599 000	5 432 000	6 520 000	7 746 000
Total Investments	0	0	0	0
Cash, Bank	1 281 000	969 000	867 000	921 000
Total Current Assets	62 753 000	51 641 000	27 078 000	27 913 000
Total Assets	100 863 000	89 526 000	64 694 000	67 793 000
Total Equity	36 501 000	29 417 000	19 828 000	20 161 000
Short-Term Group Debt	2 841 000	11 519 000	0	0
Total Long-Term Debt	10 578 000	10 891 000	11 762 000	11 628 000
Creditors	29 568 000	10 974 000	9 554 000	14 331 000
Unpaid Taxes	2 286 000	4 465 000	1 644 000	1 738 000
Dividends	0	0	0	0
Other Current Debt	6 476 000	10 417 000	2 948 000	2 416 000
Total Current Debt	53 785 000	49 218 000	33 103 000	36 004 000
Total Equity and Debt	100 863 000	89 526 000	64 694 000	67 793 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,41 %	24,47 %	−1,68 %	−27,27 %
Debt-to-Equity Ratio	0,29	0,37	0,59	0,58
Operating Profit Margin	7,41 %	10,27 %	3,66 %	−8,65 %
Current Ratio	1,17	1,05	0,82	0,78
Quick Ratio	2,31	1,18	1,02	0,99
Equity Ratio	0,36	0,33	0,31	0,3
Gross Profit Margin	36,21 %	47,69 %	49,77 %	46,96 %