LUNDEVÅGEN EIENDOM 2 AS

4550 FARSUND

Finances

Share Ownership

Return on Equity

15,9 %

Current Ratio

1,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	724 000	687 000	677 000	875 000
Net Income	434 000	419 000	417 000	566 000
Total Assets	3 417 000	3 420 000	3 434 000	3 637 000
Total Equity	2 730 000	2 763 000	2 790 000	2 808 000

Income (NOK)	2022	2021	2020	2019
Revenue	724 000	687 000	677 000	875 000
Expenditure	167 000	151 000	145 000	150 000
Operating Profit	557 000	537 000	533 000	726 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	0
Earnings Before Tax	557 000	537 000	534 000	726 000
Tax	122 000	118 000	117 000	160 000
Net Income	434 000	419 000	417 000	566 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 693 000	2 801 000	2 913 000	3 030 000
Total Current Assets	724 000	619 000	521 000	607 000
Total Assets	3 417 000	3 420 000	3 434 000	3 637 000
Total Retained Equity	2 696 000	2 730 000	2 756 000	2 775 000
Total Equity	2 730 000	2 763 000	2 790 000	2 808 000
Total Long-Term Debt	0	0	1 000	7 000
Total Current Debt	687 000	657 000	642 000	822 000
Total Equity and Debt	3 417 000	3 420 000	3 434 000	3 637 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	724 000	687 000	677 000	875 000
Other Income	0	0	0	0
Revenue	724 000	687 000	677 000	875 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	118 000	118 000	118 000	118 000
Impairment	0	0	0	0
Expenditure	167 000	151 000	145 000	150 000
Operating Profit	557 000	537 000	533 000	726 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	0
Dividends	0	0	0	0
Net Income	434 000	419 000	417 000	566 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	16 000	6 000	0	0
Real Eastate	2 678 000	2 795 000	2 913 000	3 030 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 678 000	2 795 000	2 913 000	3 030 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 693 000	2 801 000	2 913 000	3 030 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	271 000	189 000	98 000	190 000
Total Current Assets	724 000	619 000	521 000	607 000
Total Assets	3 417 000	3 420 000	3 434 000	3 637 000
Total Equity	2 730 000	2 763 000	2 790 000	2 808 000
Short-Term Group Debt	600 000	571 000	558 000	739 000
Total Long-Term Debt	0	0	1 000	7 000
Creditors	0	0	0	0
Unpaid Taxes	88 000	86 000	85 000	84 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	687 000	657 000	642 000	822 000
Total Equity and Debt	3 417 000	3 420 000	3 434 000	3 637 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,9 %	15,16 %	14,95 %	20,16 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	76,93 %	78,17 %	78,73 %	82,97 %
Current Ratio	1,05	0,94	0,81	0,74
Quick Ratio	1,05	0,94	0,81	0,74
Equity Ratio	0,8	0,81	0,81	0,77
Gross Profit Margin	100 %	100 %	100 %	100 %