LUNGA SOLUTIONS AS

9603 HAMMERFEST

Finances

Share Ownership

Return on Equity

56,92 %

Current Ratio

2,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	93 000	272 000	520 000	120 000
Net Income	37 000	30 000	−14 000	14 000
Total Assets	102 000	101 000	205 000	46 000
Total Equity	65 000	28 000	−3 000	12 000

Income (NOK)	2022	2021	2020	2019
Revenue	93 000	272 000	520 000	120 000
Expenditure	47 000	233 000	531 000	106 000
Operating Profit	46 000	39 000	−12 000	14 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	46 000	39 000	−11 000	14 000
Tax	9 000	9 000	3 000	1 000
Net Income	37 000	30 000	−14 000	14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 000	0	0	0
Total Current Assets	81 000	101 000	205 000	46 000
Total Assets	102 000	101 000	205 000	46 000
Total Retained Equity	35 000	−2 000	−33 000	−18 000
Total Equity	65 000	28 000	−3 000	12 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	37 000	73 000	207 000	35 000
Total Equity and Debt	102 000	101 000	205 000	46 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	93 000	272 000	520 000	120 000
Other Income	0	0	0	0
Revenue	93 000	272 000	520 000	120 000
Cost of Goods Sold	0	0	0	0
Salary Costs	28 000	169 000	383 000	68 000
Depreciation	1 000	0	0	0
Impairment	0	0	0	0
Expenditure	47 000	233 000	531 000	106 000
Operating Profit	46 000	39 000	−12 000	14 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	37 000	30 000	−14 000	14 000

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	21 000	0	0	0
Total Tangible Assets	21 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	21 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	64 000	101 000	205 000	46 000
Total Current Assets	81 000	101 000	205 000	46 000
Total Assets	102 000	101 000	205 000	46 000
Total Equity	65 000	28 000	−3 000	12 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	27 000	63 000	162 000	24 000
Dividends	0	0	0	0
Other Current Debt	0	2 000	45 000	8 000
Total Current Debt	37 000	73 000	207 000	35 000
Total Equity and Debt	102 000	101 000	205 000	46 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,92 %	107,14 %	466,67 %	116,67 %
Debt-to-Equity Ratio	0	0	−0	0
Operating Profit Margin	49,46 %	14,34 %	−2,31 %	11,67 %
Current Ratio	2,19	1,38	0,99	1,31
Quick Ratio	2,19	1,38	0,99	1,31
Equity Ratio	0,64	0,28	−0,01	0,26
Gross Profit Margin	100 %	100 %	100 %	100 %