LUNDEGEILEN 16 AS

4323 SANDNES

Finances

Share Ownership

Return on Equity

−62,53 %

Current Ratio

0,24

Debt-to-Equity Ratio

20,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 655 000	1 271 000	858 000	984 000
Net Income	−292 000	−256 000	−1 065 000	−560 000
Total Assets	14 143 000	14 109 000	14 196 000	15 263 000
Total Equity	467 000	759 000	1 015 000	2 080 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 655 000	1 271 000	858 000	984 000
Expenditure	1 414 000	1 166 000	948 000	1 190 000
Operating Profit	241 000	105 000	−90 000	−206 000
Financial Income	0	0	1 000	25 000
Financial Costs	533 000	361 000	434 000	537 000
Financial Balance	−533 000	−361 000	−433 000	−512 000
Earnings Before Tax	−292 000	−256 000	−523 000	−718 000
Tax	0	0	542 000	−158 000
Net Income	−292 000	−256 000	−1 065 000	−560 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 183 000	13 627 000	14 088 000	15 092 000
Total Current Assets	960 000	483 000	108 000	171 000
Total Assets	14 143 000	14 109 000	14 196 000	15 263 000
Total Retained Equity	−533 000	−241 000	0	0
Total Equity	467 000	759 000	1 015 000	2 080 000
Total Long-Term Debt	9 625 000	10 175 000	10 725 000	11 000 000
Total Current Debt	4 050 000	3 175 000	2 456 000	2 183 000
Total Equity and Debt	14 143 000	14 109 000	14 196 000	15 263 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 655 000	1 271 000	858 000	984 000
Revenue	1 655 000	1 271 000	858 000	984 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	462 000	462 000	462 000	462 000
Impairment	0	0	0	0
Expenditure	1 414 000	1 166 000	948 000	1 190 000
Operating Profit	241 000	105 000	−90 000	−206 000
Financial Income	0	0	1 000	25 000
Financial Costs	533 000	361 000	434 000	537 000
Financial Balance	−533 000	−361 000	−433 000	−512 000
Dividends	0	0	0	0
Net Income	−292 000	−256 000	−1 065 000	−560 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	542 000
Real Eastate	13 183 000	13 627 000	14 088 000	14 550 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	13 183 000	13 627 000	14 088 000	14 550 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 183 000	13 627 000	14 088 000	15 092 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	297 000	73 000	68 000	83 000
Total Current Assets	960 000	483 000	108 000	171 000
Total Assets	14 143 000	14 109 000	14 196 000	15 263 000
Total Equity	467 000	759 000	1 015 000	2 080 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 625 000	10 175 000	10 725 000	11 000 000
Creditors	117 000	96 000	100 000	153 000
Unpaid Taxes	4 000	20 000	0	0
Dividends	0	0	0	0
Other Current Debt	3 930 000	3 059 000	2 356 000	2 029 000
Total Current Debt	4 050 000	3 175 000	2 456 000	2 183 000
Total Equity and Debt	14 143 000	14 109 000	14 196 000	15 263 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−62,53 %	−33,73 %	−104,93 %	−26,92 %
Debt-to-Equity Ratio	20,61	13,41	10,57	5,29
Operating Profit Margin	14,56 %	8,26 %	−10,49 %	−20,93 %
Current Ratio	0,24	0,15	0,04	0,08
Quick Ratio	0,24	0,15	0,04	0,08
Equity Ratio	0,03	0,05	0,07	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %