LYNGDAL FORSIKRING AS

4580 LYNGDAL

Finances

Share Ownership

Return on Equity

95,19 %

Current Ratio

1,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 913 000	5 808 000	5 081 000	3 633 000
Net Income	633 000	364 000	421 000	13 000
Total Assets	3 008 000	2 340 000	1 725 000	980 000
Total Equity	665 000	532 000	668 000	247 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 913 000	5 808 000	5 081 000	3 633 000
Expenditure	7 065 000	5 322 000	4 518 000	3 612 000
Operating Profit	848 000	486 000	562 000	20 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	0
Financial Balance	−2 000	0	0	0
Earnings Before Tax	846 000	486 000	562 000	20 000
Tax	213 000	122 000	141 000	7 000
Net Income	633 000	364 000	421 000	13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	44 000	56 000	47 000	16 000
Total Current Assets	2 964 000	2 284 000	1 678 000	964 000
Total Assets	3 008 000	2 340 000	1 725 000	980 000
Total Retained Equity	565 000	432 000	568 000	147 000
Total Equity	665 000	532 000	668 000	247 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 343 000	1 808 000	1 057 000	734 000
Total Equity and Debt	3 008 000	2 340 000	1 725 000	980 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 913 000	5 808 000	5 081 000	3 633 000
Other Income	0	0	0	0
Revenue	7 913 000	5 808 000	5 081 000	3 633 000
Cost of Goods Sold	0	0	0	0
Salary Costs	6 592 000	4 868 000	4 200 000	3 219 000
Depreciation	27 000	26 000	15 000	15 000
Impairment	0	0	0	0
Expenditure	7 065 000	5 322 000	4 518 000	3 612 000
Operating Profit	848 000	486 000	562 000	20 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	0
Financial Balance	−2 000	0	0	0
Dividends	500 000	500 000	0	0
Net Income	633 000	364 000	421 000	13 000

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	44 000	56 000	47 000	16 000
Total Tangible Assets	44 000	56 000	47 000	16 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	44 000	56 000	47 000	16 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 205 000	1 935 000	1 334 000	638 000
Total Current Assets	2 964 000	2 284 000	1 678 000	964 000
Total Assets	3 008 000	2 340 000	1 725 000	980 000
Total Equity	665 000	532 000	668 000	247 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	141 000	81 000	54 000	80 000
Unpaid Taxes	580 000	465 000	345 000	240 000
Dividends	500 000	500 000	0	0
Other Current Debt	909 000	640 000	518 000	406 000
Total Current Debt	2 343 000	1 808 000	1 057 000	734 000
Total Equity and Debt	3 008 000	2 340 000	1 725 000	980 000

Financial indicators	2022	2021	2020	2019
Return on Equity	95,19 %	68,42 %	63,02 %	5,26 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,72 %	8,37 %	11,06 %	0,55 %
Current Ratio	1,27	1,26	1,59	1,31
Quick Ratio	1,27	1,26	1,59	1,31
Equity Ratio	0,22	0,23	0,39	0,25
Gross Profit Margin	100 %	100 %	100 %	100 %