LYNGEN EXPERIENCE APARTMENTS AS

9068 NORD-LENANGEN

Finances

Share Ownership

Return on Equity

−38,51 %

Current Ratio

0,43

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 541 000	1 193 000	1 200 000	699 000
Net Income	377 000	−134 000	0	−490 000
Total Assets	751 000	794 000	528 000	1 415 000
Total Equity	−979 000	−1 356 000	−1 222 000	−851 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 541 000	1 193 000	1 200 000	699 000
Expenditure	2 177 000	1 302 000	1 176 000	1 175 000
Operating Profit	364 000	−110 000	24 000	−475 000
Financial Income	15 000	0	0	0
Financial Costs	1 000	25 000	25 000	15 000
Financial Balance	14 000	−25 000	−25 000	−15 000
Earnings Before Tax	377 000	−134 000	0	−490 000
Tax	0	0	0	0
Net Income	377 000	−134 000	0	−490 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 000	24 000	43 000	515 000
Total Current Assets	744 000	771 000	485 000	900 000
Total Assets	751 000	794 000	528 000	1 415 000
Total Retained Equity	−1 009 000	−1 386 000	−1 252 000	−881 000
Total Equity	−979 000	−1 356 000	−1 222 000	−851 000
Total Long-Term Debt	0	514 000	490 000	475 000
Total Current Debt	1 730 000	1 636 000	1 260 000	1 791 000
Total Equity and Debt	751 000	794 000	528 000	1 415 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 436 000	1 160 000	1 050 000	699 000
Other Income	105 000	33 000	150 000	0
Revenue	2 541 000	1 193 000	1 200 000	699 000
Cost of Goods Sold	975 000	248 000	339 000	255 000
Salary Costs	707 000	323 000	145 000	292 000
Depreciation	17 000	19 000	22 000	22 000
Impairment	0	0	0	0
Expenditure	2 177 000	1 302 000	1 176 000	1 175 000
Operating Profit	364 000	−110 000	24 000	−475 000
Financial Income	15 000	0	0	0
Financial Costs	1 000	25 000	25 000	15 000
Financial Balance	14 000	−25 000	−25 000	−15 000
Dividends	0	0	0	0
Net Income	377 000	−134 000	0	−490 000

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	7 000	24 000	43 000	65 000
Total Tangible Assets	7 000	24 000	43 000	65 000
Total Fiancial Fixed Assets	0	0	0	450 000
Total Fixed Assets	7 000	24 000	43 000	515 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	176 000	346 000	102 000	203 000
Total Current Assets	744 000	771 000	485 000	900 000
Total Assets	751 000	794 000	528 000	1 415 000
Total Equity	−979 000	−1 356 000	−1 222 000	−851 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	514 000	490 000	475 000
Creditors	405 000	735 000	463 000	972 000
Unpaid Taxes	112 000	5 000	6 000	12 000
Dividends	0	0	0	0
Other Current Debt	1 213 000	897 000	791 000	808 000
Total Current Debt	1 730 000	1 636 000	1 260 000	1 791 000
Total Equity and Debt	751 000	794 000	528 000	1 415 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−38,51 %	9,88 %	−0 %	57,58 %
Debt-to-Equity Ratio	−0	−0,38	−0,4	−0,56
Operating Profit Margin	14,33 %	−9,22 %	2 %	−67,95 %
Current Ratio	0,43	0,47	0,38	0,5
Quick Ratio	0,43	0,47	0,38	0,5
Equity Ratio	−1,3	−1,71	−2,31	−0,6
Gross Profit Margin	61,63 %	79,21 %	71,75 %	63,52 %