LUND MARINE AND RENEWABLES AS

1390 VOLLEN

Finances

Share Ownership

Return on Equity

15,94 %

Current Ratio

26,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	458 000	908 000	1 062 000	1 325 000
Net Income	335 000	670 000	794 000	946 000
Total Assets	2 182 000	2 021 000	1 831 000	1 440 000
Total Equity	2 102 000	1 767 000	1 547 000	1 053 000

Income (NOK)	2022	2021	2020	2019
Revenue	458 000	908 000	1 062 000	1 325 000
Expenditure	86 000	104 000	44 000	112 000
Operating Profit	372 000	804 000	1 018 000	1 212 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Earnings Before Tax	372 000	804 000	1 019 000	1 212 000
Tax	38 000	134 000	224 000	267 000
Net Income	335 000	670 000	794 000	946 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	75 000	178 000	0
Total Current Assets	2 182 000	1 946 000	1 653 000	1 440 000
Total Assets	2 182 000	2 021 000	1 831 000	1 440 000
Total Retained Equity	2 072 000	1 737 000	1 517 000	1 023 000
Total Equity	2 102 000	1 767 000	1 547 000	1 053 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	81 000	254 000	284 000	388 000
Total Equity and Debt	2 182 000	2 021 000	1 831 000	1 440 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	458 000	908 000	1 062 000	1 325 000
Other Income	0	0	0	0
Revenue	458 000	908 000	1 062 000	1 325 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	86 000	104 000	44 000	112 000
Operating Profit	372 000	804 000	1 018 000	1 212 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Dividends	0	450 000	0	300 000
Net Income	335 000	670 000	794 000	946 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	75 000	178 000	0
Total Fixed Assets	0	75 000	178 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 182 000	1 946 000	1 653 000	1 208 000
Total Current Assets	2 182 000	1 946 000	1 653 000	1 440 000
Total Assets	2 182 000	2 021 000	1 831 000	1 440 000
Total Equity	2 102 000	1 767 000	1 547 000	1 053 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	77 000	60 000	88 000
Dividends	0	450 000	0	300 000
Other Current Debt	0	0	0	33 000
Total Current Debt	81 000	254 000	284 000	388 000
Total Equity and Debt	2 182 000	2 021 000	1 831 000	1 440 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,94 %	37,92 %	51,33 %	89,84 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	81,22 %	88,55 %	95,86 %	91,47 %
Current Ratio	26,94	7,66	5,82	3,71
Quick Ratio	26,94	7,66	5,82	3,71
Equity Ratio	0,96	0,87	0,84	0,73
Gross Profit Margin	100 %	100 %	100 %	100 %