LUNDEBY AS

1878 HÆRLAND

Finances

Return on Equity

28,06 %

Current Ratio

2,39

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 431 000	14 272 000	7 584 000	3 667 000
Net Income	1 921 000	1 472 000	1 069 000	597 000
Total Assets	10 904 000	7 848 000	5 172 000	3 629 000
Total Equity	6 846 000	4 925 000	3 453 000	2 384 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 431 000	14 272 000	7 584 000	3 667 000
Expenditure	17 969 000	12 382 000	6 222 000	2 908 000
Operating Profit	2 461 000	1 890 000	1 363 000	759 000
Financial Income	21 000	13 000	10 000	9 000
Financial Costs	19 000	16 000	2 000	3 000
Financial Balance	2 000	−3 000	8 000	6 000
Earnings Before Tax	2 463 000	1 887 000	1 371 000	766 000
Tax	542 000	415 000	302 000	169 000
Net Income	1 921 000	1 472 000	1 069 000	597 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 228 000	3 797 000	2 715 000	1 825 000
Total Current Assets	6 676 000	4 051 000	2 457 000	1 804 000
Total Assets	10 904 000	7 848 000	5 172 000	3 629 000
Total Retained Equity	6 711 000	4 790 000	3 318 000	2 249 000
Total Equity	6 846 000	4 925 000	3 453 000	2 384 000
Total Long-Term Debt	1 269 000	1 106 000	712 000	713 000
Total Current Debt	2 788 000	1 817 000	1 007 000	532 000
Total Equity and Debt	10 904 000	7 848 000	5 172 000	3 629 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 329 000	13 944 000	7 382 000	3 312 000
Other Income	102 000	328 000	202 000	355 000
Revenue	20 431 000	14 272 000	7 584 000	3 667 000
Cost of Goods Sold	9 320 000	6 604 000	2 944 000	354 000
Salary Costs	2 650 000	1 613 000	784 000	642 000
Depreciation	554 000	527 000	284 000	187 000
Impairment	0	0	0	0
Expenditure	17 969 000	12 382 000	6 222 000	2 908 000
Operating Profit	2 461 000	1 890 000	1 363 000	759 000
Financial Income	21 000	13 000	10 000	9 000
Financial Costs	19 000	16 000	2 000	3 000
Financial Balance	2 000	−3 000	8 000	6 000
Dividends	0	0	0	0
Net Income	1 921 000	1 472 000	1 069 000	597 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	323 000	64 000	0
Machinery and Plant Facilities	1 435 000	0	0	0
Fixtures	1 973 000	2 567 000	1 615 000	910 000
Total Tangible Assets	3 409 000	2 890 000	1 679 000	910 000
Total Fiancial Fixed Assets	819 000	907 000	1 036 000	915 000
Total Fixed Assets	4 228 000	3 797 000	2 715 000	1 825 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 209 000	3 149 000	1 769 000	1 466 000
Total Current Assets	6 676 000	4 051 000	2 457 000	1 804 000
Total Assets	10 904 000	7 848 000	5 172 000	3 629 000
Total Equity	6 846 000	4 925 000	3 453 000	2 384 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 269 000	1 106 000	712 000	713 000
Creditors	1 380 000	616 000	577 000	194 000
Unpaid Taxes	570 000	327 000	70 000	107 000
Dividends	0	0	0	0
Other Current Debt	322 000	495 000	64 000	85 000
Total Current Debt	2 788 000	1 817 000	1 007 000	532 000
Total Equity and Debt	10 904 000	7 848 000	5 172 000	3 629 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,06 %	29,89 %	30,96 %	25,04 %
Debt-to-Equity Ratio	0,19	0,22	0,21	0,3
Operating Profit Margin	12,05 %	13,24 %	17,97 %	20,7 %
Current Ratio	2,39	2,23	2,44	3,39
Quick Ratio	2,39	2,23	2,44	3,39
Equity Ratio	0,63	0,63	0,67	0,66
Gross Profit Margin	54,38 %	53,73 %	61,18 %	90,35 %