LYNGEN EXPERIENCE DRIFT AS

9068 NORD-LENANGEN

Finances

Share Ownership

Return on Equity

−34,3 %

Current Ratio

0,39

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 245 000	3 249 000	3 319 000	5 408 000
Net Income	368 000	−2 056 000	−2 034 000	−528 000
Total Assets	3 960 000	3 006 000	3 214 000	2 809 000
Total Equity	−1 073 000	−1 440 000	−2 384 000	−1 649 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 245 000	3 249 000	3 319 000	5 408 000
Expenditure	7 775 000	5 067 000	4 679 000	6 036 000
Operating Profit	471 000	−1 818 000	−1 360 000	−628 000
Financial Income	0	0	13 000	7 000
Financial Costs	103 000	238 000	215 000	51 000
Financial Balance	−103 000	−238 000	−202 000	−44 000
Earnings Before Tax	368 000	−2 056 000	−1 562 000	−672 000
Tax	0	0	472 000	−144 000
Net Income	368 000	−2 056 000	−2 034 000	−528 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 979 000	2 008 000	2 248 000	1 250 000
Total Current Assets	1 981 000	998 000	966 000	1 559 000
Total Assets	3 960 000	3 006 000	3 214 000	2 809 000
Total Retained Equity	−5 401 000	−5 769 000	−3 713 000	−1 679 000
Total Equity	−1 073 000	−1 440 000	−2 384 000	−1 649 000
Total Long-Term Debt	0	426 000	3 263 000	675 000
Total Current Debt	5 033 000	4 021 000	2 336 000	3 783 000
Total Equity and Debt	3 960 000	3 006 000	3 214 000	2 809 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 109 000	2 597 000	2 823 000	5 408 000
Other Income	1 136 000	652 000	495 000	0
Revenue	8 245 000	3 249 000	3 319 000	5 408 000
Cost of Goods Sold	3 565 000	987 000	1 114 000	1 500 000
Salary Costs	2 033 000	1 321 000	1 539 000	2 313 000
Depreciation	161 000	158 000	84 000	48 000
Impairment	0	0	0	0
Expenditure	7 775 000	5 067 000	4 679 000	6 036 000
Operating Profit	471 000	−1 818 000	−1 360 000	−628 000
Financial Income	0	0	13 000	7 000
Financial Costs	103 000	238 000	215 000	51 000
Financial Balance	−103 000	−238 000	−202 000	−44 000
Dividends	0	0	0	0
Net Income	368 000	−2 056 000	−2 034 000	−528 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	472 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	861 000	933 000	1 174 000	294 000
Total Tangible Assets	861 000	933 000	1 174 000	294 000
Total Fiancial Fixed Assets	1 118 000	1 074 000	1 074 000	484 000
Total Fixed Assets	1 979 000	2 008 000	2 248 000	1 250 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	513 000	168 000	104 000	126 000
Total Current Assets	1 981 000	998 000	966 000	1 559 000
Total Assets	3 960 000	3 006 000	3 214 000	2 809 000
Total Equity	−1 073 000	−1 440 000	−2 384 000	−1 649 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	426 000	3 263 000	675 000
Creditors	1 967 000	2 005 000	564 000	371 000
Unpaid Taxes	258 000	59 000	9 000	215 000
Dividends	0	0	0	0
Other Current Debt	2 808 000	1 790 000	676 000	2 245 000
Total Current Debt	5 033 000	4 021 000	2 336 000	3 783 000
Total Equity and Debt	3 960 000	3 006 000	3 214 000	2 809 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−34,3 %	142,78 %	85,32 %	32,02 %
Debt-to-Equity Ratio	−0	−0,3	−1,37	−0,41
Operating Profit Margin	5,71 %	−55,96 %	−40,98 %	−11,61 %
Current Ratio	0,39	0,25	0,41	0,41
Quick Ratio	0,39	0,25	0,41	0,41
Equity Ratio	−0,27	−0,48	−0,74	−0,59
Gross Profit Margin	56,76 %	69,62 %	66,44 %	72,26 %