LYNGEN TANK AS

9060 LYNGSEIDET

Finances

Return on Equity

43,36 %

Current Ratio

2,49

Debt-to-Equity Ratio

0,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 205 000	23 631 000	19 264 000	19 175 000
Net Income	1 863 000	−270 000	−158 000	295 000
Total Assets	11 353 000	10 958 000	12 965 000	12 293 000
Total Equity	4 297 000	2 433 000	2 703 000	2 861 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 205 000	23 631 000	19 264 000	19 175 000
Expenditure	26 974 000	24 311 000	16 715 000	19 449 000
Operating Profit	2 628 000	−131 000	186 000	796 000
Financial Income	35 000	39 000	29 000	0
Financial Costs	268 000	246 000	403 000	395 000
Financial Balance	−233 000	−207 000	−374 000	−395 000
Earnings Before Tax	2 394 000	−338 000	−188 000	401 000
Tax	531 000	−68 000	−30 000	106 000
Net Income	1 863 000	−270 000	−158 000	295 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	162 000	316 000	5 163 000	4 985 000
Total Current Assets	11 191 000	10 641 000	7 802 000	7 308 000
Total Assets	11 353 000	10 958 000	12 965 000	12 293 000
Total Retained Equity	3 445 000	1 581 000	1 851 000	2 009 000
Total Equity	4 297 000	2 433 000	2 703 000	2 861 000
Total Long-Term Debt	2 560 000	2 560 000	2 560 000	2 566 000
Total Current Debt	4 496 000	5 964 000	7 702 000	6 866 000
Total Equity and Debt	11 353 000	10 958 000	12 965 000	12 293 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 205 000	23 631 000	18 994 000	19 175 000
Other Income	0	0	270 000	0
Revenue	27 205 000	23 631 000	19 264 000	19 175 000
Cost of Goods Sold	14 283 000	12 593 000	6 413 000	8 528 000
Salary Costs	7 822 000	7 599 000	6 371 000	6 701 000
Depreciation	75 000	75 000	62 000	36 000
Impairment	0	0	0	0
Expenditure	26 974 000	24 311 000	16 715 000	19 449 000
Operating Profit	2 628 000	−131 000	186 000	796 000
Financial Income	35 000	39 000	29 000	0
Financial Costs	268 000	246 000	403 000	395 000
Financial Balance	−233 000	−207 000	−374 000	−395 000
Dividends	0	0	0	0
Net Income	1 863 000	−270 000	−158 000	295 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	13 000	92 000	24 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	135 000	210 000	285 000	230 000
Total Tangible Assets	135 000	210 000	285 000	230 000
Total Fiancial Fixed Assets	15 000	15 000	4 855 000	4 755 000
Total Fixed Assets	162 000	316 000	5 163 000	4 985 000
Stock	6 750 000	4 719 000	2 758 000	4 862 000
Total Investments	0	0	0	0
Cash, Bank	441 000	413 000	374 000	289 000
Total Current Assets	11 191 000	10 641 000	7 802 000	7 308 000
Total Assets	11 353 000	10 958 000	12 965 000	12 293 000
Total Equity	4 297 000	2 433 000	2 703 000	2 861 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 560 000	2 560 000	2 560 000	2 566 000
Creditors	1 309 000	1 701 000	2 804 000	1 843 000
Unpaid Taxes	441 000	412 000	374 000	288 000
Dividends	0	0	0	0
Other Current Debt	826 000	777 000	631 000	717 000
Total Current Debt	4 496 000	5 964 000	7 702 000	6 866 000
Total Equity and Debt	11 353 000	10 958 000	12 965 000	12 293 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,36 %	−11,1 %	−5,85 %	10,31 %
Debt-to-Equity Ratio	0,6	1,05	0,95	0,9
Operating Profit Margin	9,66 %	−0,55 %	0,97 %	4,15 %
Current Ratio	2,49	1,78	1,01	1,06
Quick Ratio	−4,96	8,55	1,58	3,65
Equity Ratio	0,38	0,22	0,21	0,23
Gross Profit Margin	47,5 %	46,71 %	66,71 %	55,53 %