LUNDAL SERVICE AS

5131 NYBORG

Finances

Share Ownership

Return on Equity

8,92 %

Current Ratio

1,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 488 000	3 586 000	4 211 000	2 658 000
Net Income	60 000	82 000	203 000	222 000
Total Assets	1 428 000	1 039 000	1 287 000	704 000
Total Equity	673 000	613 000	628 000	424 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 488 000	3 586 000	4 211 000	2 658 000
Expenditure	5 424 000	3 489 000	3 950 000	2 437 000
Operating Profit	64 000	97 000	262 000	221 000
Financial Income	13 000	12 000	0	0
Financial Costs	0	3 000	1 000	0
Financial Balance	13 000	9 000	−1 000	0
Earnings Before Tax	77 000	105 000	261 000	222 000
Tax	17 000	23 000	57 000	0
Net Income	60 000	82 000	203 000	222 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	252 000	225 000	108 000	96 000
Total Current Assets	1 176 000	814 000	1 180 000	608 000
Total Assets	1 428 000	1 039 000	1 287 000	704 000
Total Retained Equity	643 000	583 000	598 000	394 000
Total Equity	673 000	613 000	628 000	424 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	755 000	426 000	660 000	280 000
Total Equity and Debt	1 428 000	1 039 000	1 287 000	704 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 317 000	3 586 000	4 211 000	2 653 000
Other Income	172 000	0	0	5 000
Revenue	5 488 000	3 586 000	4 211 000	2 658 000
Cost of Goods Sold	2 070 000	1 358 000	1 474 000	173 000
Salary Costs	1 967 000	1 195 000	1 806 000	1 735 000
Depreciation	7 000	15 000	43 000	43 000
Impairment	0	0	0	0
Expenditure	5 424 000	3 489 000	3 950 000	2 437 000
Operating Profit	64 000	97 000	262 000	221 000
Financial Income	13 000	12 000	0	0
Financial Costs	0	3 000	1 000	0
Financial Balance	13 000	9 000	−1 000	0
Dividends	0	0	0	0
Net Income	60 000	82 000	203 000	222 000

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	21 000	12 000	28 000	71 000
Total Tangible Assets	21 000	12 000	28 000	71 000
Total Fiancial Fixed Assets	231 000	213 000	80 000	25 000
Total Fixed Assets	252 000	225 000	108 000	96 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	132 000	609 000	485 000	573 000
Total Current Assets	1 176 000	814 000	1 180 000	608 000
Total Assets	1 428 000	1 039 000	1 287 000	704 000
Total Equity	673 000	613 000	628 000	424 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	186 000	147 000	−101 000	−368 000
Unpaid Taxes	349 000	178 000	647 000	542 000
Dividends	0	0	0	0
Other Current Debt	203 000	78 000	149 000	145 000
Total Current Debt	755 000	426 000	660 000	280 000
Total Equity and Debt	1 428 000	1 039 000	1 287 000	704 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,92 %	13,38 %	32,32 %	52,36 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,17 %	2,7 %	6,22 %	8,31 %
Current Ratio	1,56	1,91	1,79	2,17
Quick Ratio	1,56	1,91	1,79	2,17
Equity Ratio	0,47	0,59	0,49	0,6
Gross Profit Margin	62,28 %	62,13 %	65 %	93,49 %