LINNEGRØVAN EIENDOM AS

4640 SØGNE

Finances

Share Ownership

Return on Equity

5,57 %

Current Ratio

0,97

Debt-to-Equity Ratio

1,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 134 000	1 823 000	1 580 000	1 565 000
Net Income	336 000	690 000	488 000	−231 000
Total Assets	15 662 000	14 998 000	15 251 000	15 507 000
Total Equity	6 032 000	6 736 000	8 546 000	8 558 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 134 000	1 823 000	1 580 000	1 565 000
Expenditure	1 454 000	920 000	905 000	1 760 000
Operating Profit	680 000	903 000	675 000	−196 000
Financial Income	0	0	0	0
Financial Costs	248 000	19 000	50 000	101 000
Financial Balance	−248 000	−19 000	−50 000	−101 000
Earnings Before Tax	431 000	885 000	625 000	−296 000
Tax	95 000	195 000	138 000	−65 000
Net Income	336 000	690 000	488 000	−231 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 982 000	14 459 000	14 953 000	15 448 000
Total Current Assets	1 680 000	539 000	298 000	60 000
Total Assets	15 662 000	14 998 000	15 251 000	15 507 000
Total Retained Equity	570 000	1 274 000	584 000	596 000
Total Equity	6 032 000	6 736 000	8 546 000	8 558 000
Total Long-Term Debt	7 904 000	7 962 000	6 020 000	6 957 000
Total Current Debt	1 726 000	301 000	686 000	−7 000
Total Equity and Debt	15 662 000	14 998 000	15 251 000	15 507 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 134 000	1 823 000	1 580 000	1 565 000
Revenue	2 134 000	1 823 000	1 580 000	1 565 000
Cost of Goods Sold	0	0	0	55 000
Salary Costs	0	0	0	0
Depreciation	477 000	494 000	494 000	499 000
Impairment	0	0	0	0
Expenditure	1 454 000	920 000	905 000	1 760 000
Operating Profit	680 000	903 000	675 000	−196 000
Financial Income	0	0	0	0
Financial Costs	248 000	19 000	50 000	101 000
Financial Balance	−248 000	−19 000	−50 000	−101 000
Dividends	500 000	0	500 000	0
Net Income	336 000	690 000	488 000	−231 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	13 982 000	14 459 000	14 953 000	15 448 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	13 982 000	14 459 000	14 953 000	15 448 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 982 000	14 459 000	14 953 000	15 448 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	200 000	528 000	270 000	60 000
Total Current Assets	1 680 000	539 000	298 000	60 000
Total Assets	15 662 000	14 998 000	15 251 000	15 507 000
Total Equity	6 032 000	6 736 000	8 546 000	8 558 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 904 000	7 962 000	6 020 000	6 957 000
Creditors	18 000	0	7 000	0
Unpaid Taxes	62 000	0	0	−7 000
Dividends	500 000	0	500 000	0
Other Current Debt	1 645 000	48 000	0	0
Total Current Debt	1 726 000	301 000	686 000	−7 000
Total Equity and Debt	15 662 000	14 998 000	15 251 000	15 507 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,57 %	10,24 %	5,71 %	−2,7 %
Debt-to-Equity Ratio	1,31	1,18	0,7	0,81
Operating Profit Margin	31,87 %	49,53 %	42,72 %	−12,52 %
Current Ratio	0,97	1,79	0,43	−8,57
Quick Ratio	0,97	1,79	0,43	−8,57
Equity Ratio	0,39	0,45	0,56	0,55
Gross Profit Margin	100 %	100 %	100 %	96,49 %