LNG ENTERPRISES AS

4480 KVINESDAL

Finances

Share Ownership

Return on Equity

27,14 %

Current Ratio

2,03

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	324 000	225 000	2 081 000	1 204 000
Net Income	114 000	−12 000	298 000	43 000
Total Assets	505 000	631 000	884 000	1 126 000
Total Equity	420 000	306 000	318 000	21 000

Income (NOK)	2022	2021	2020	2019
Revenue	324 000	225 000	2 081 000	1 204 000
Expenditure	174 000	240 000	1 704 000	1 155 000
Operating Profit	149 000	−15 000	376 000	49 000
Financial Income	0	0	78 000	1 000
Financial Costs	4 000	0	75 000	8 000
Financial Balance	−4 000	0	3 000	−7 000
Earnings Before Tax	146 000	−15 000	379 000	43 000
Tax	32 000	−3 000	81 000	0
Net Income	114 000	−12 000	298 000	43 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	438 000	555 000	636 000	717 000
Total Current Assets	67 000	75 000	248 000	409 000
Total Assets	505 000	631 000	884 000	1 126 000
Total Retained Equity	390 000	276 000	288 000	−9 000
Total Equity	420 000	306 000	318 000	21 000
Total Long-Term Debt	51 000	53 000	56 000	0
Total Current Debt	33 000	272 000	509 000	1 105 000
Total Equity and Debt	505 000	631 000	884 000	1 126 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	324 000	225 000	2 081 000	1 204 000
Other Income	0	0	0	0
Revenue	324 000	225 000	2 081 000	1 204 000
Cost of Goods Sold	3 000	2 000	37 000	138 000
Salary Costs	1 000	2 000	1 364 000	661 000
Depreciation	117 000	109 000	108 000	11 000
Impairment	0	0	0	0
Expenditure	174 000	240 000	1 704 000	1 155 000
Operating Profit	149 000	−15 000	376 000	49 000
Financial Income	0	0	78 000	1 000
Financial Costs	4 000	0	75 000	8 000
Financial Balance	−4 000	0	3 000	−7 000
Dividends	0	0	0	0
Net Income	114 000	−12 000	298 000	43 000

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	438 000	555 000	636 000	717 000
Total Tangible Assets	438 000	555 000	636 000	717 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	438 000	555 000	636 000	717 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	57 000	64 000	242 000	157 000
Total Current Assets	67 000	75 000	248 000	409 000
Total Assets	505 000	631 000	884 000	1 126 000
Total Equity	420 000	306 000	318 000	21 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	51 000	53 000	56 000	0
Creditors	0	0	6 000	1 000
Unpaid Taxes	0	0	15 000	92 000
Dividends	0	0	0	0
Other Current Debt	0	272 000	462 000	1 012 000
Total Current Debt	33 000	272 000	509 000	1 105 000
Total Equity and Debt	505 000	631 000	884 000	1 126 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,14 %	−3,92 %	93,71 %	204,76 %
Debt-to-Equity Ratio	0,12	0,17	0,18	0
Operating Profit Margin	45,99 %	−6,67 %	18,07 %	4,07 %
Current Ratio	2,03	0,28	0,49	0,37
Quick Ratio	2,03	0,28	0,49	0,37
Equity Ratio	0,83	0,48	0,36	0,02
Gross Profit Margin	99,07 %	99,11 %	98,22 %	88,54 %