LILLESAND-FLAKSVANDBANEN AS

4760 BIRKELAND

Finances

Share Ownership

Return on Equity

27,09 %

Current Ratio

46,33

Debt-to-Equity Ratio

0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	257 000	342 000	97 000	98 000
Net Income	94 000	143 000	19 000	41 000
Total Assets	445 000	361 000	407 000	377 000
Total Equity	347 000	253 000	109 000	81 000

Income (NOK)	2022	2021	2020	2019
Revenue	257 000	342 000	97 000	98 000
Expenditure	158 000	187 000	67 000	44 000
Operating Profit	99 000	155 000	31 000	53 000
Financial Income	0	0	0	0
Financial Costs	5 000	12 000	12 000	13 000
Financial Balance	−5 000	−12 000	−12 000	−13 000
Earnings Before Tax	94 000	143 000	19 000	41 000
Tax	0	0	0	0
Net Income	94 000	143 000	19 000	41 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	306 000	306 000	311 000	303 000
Total Current Assets	139 000	55 000	96 000	74 000
Total Assets	445 000	361 000	407 000	377 000
Total Retained Equity	307 000	213 000	69 000	51 000
Total Equity	347 000	253 000	109 000	81 000
Total Long-Term Debt	95 000	95 000	291 000	291 000
Total Current Debt	3 000	13 000	6 000	5 000
Total Equity and Debt	445 000	361 000	407 000	377 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 000	0	0	0
Other Income	256 000	342 000	97 000	98 000
Revenue	257 000	342 000	97 000	98 000
Cost of Goods Sold	5 000	0	4 000	0
Salary Costs	0	8 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	158 000	187 000	67 000	44 000
Operating Profit	99 000	155 000	31 000	53 000
Financial Income	0	0	0	0
Financial Costs	5 000	12 000	12 000	13 000
Financial Balance	−5 000	−12 000	−12 000	−13 000
Dividends	0	0	0	0
Net Income	94 000	143 000	19 000	41 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	291 000	291 000	291 000	291 000
Machinery and Plant Facilities	15 000	15 000	20 000	13 000
Fixtures	0	0	0	0
Total Tangible Assets	306 000	306 000	311 000	303 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	306 000	306 000	311 000	303 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	132 000	46 000	74 000	55 000
Total Current Assets	139 000	55 000	96 000	74 000
Total Assets	445 000	361 000	407 000	377 000
Total Equity	347 000	253 000	109 000	81 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	95 000	95 000	291 000	291 000
Creditors	1 000	11 000	6 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 000	1 000	0	5 000
Total Current Debt	3 000	13 000	6 000	5 000
Total Equity and Debt	445 000	361 000	407 000	377 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,09 %	56,52 %	17,43 %	50,62 %
Debt-to-Equity Ratio	0,27	0,38	2,67	3,59
Operating Profit Margin	38,52 %	45,32 %	31,96 %	54,08 %
Current Ratio	46,33	4,23	16	14,8
Quick Ratio	46,33	4,23	16	14,8
Equity Ratio	0,78	0,7	0,27	0,21
Gross Profit Margin	98,05 %	100 %	95,88 %	100 %