LYGNA HYTTESERVICE AS

2770 JAREN

Finances

Share Ownership

Return on Equity

7,72 %

Current Ratio

1,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 363 000	17 412 000	12 258 000	6 390 000
Net Income	184 000	737 000	43 000	754 000
Total Assets	6 760 000	6 337 000	6 275 000	4 376 000
Total Equity	2 382 000	2 798 000	2 061 000	2 019 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 363 000	17 412 000	12 258 000	6 390 000
Expenditure	12 893 000	16 361 000	12 068 000	5 214 000
Operating Profit	470 000	1 023 000	190 000	1 206 000
Financial Income	5 000	2 000	1 000	3 000
Financial Costs	167 000	80 000	107 000	238 000
Financial Balance	−162 000	−78 000	−106 000	−235 000
Earnings Before Tax	308 000	944 000	83 000	971 000
Tax	124 000	208 000	41 000	217 000
Net Income	184 000	737 000	43 000	754 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 000	19 000	24 000	1 826 000
Total Current Assets	6 745 000	6 318 000	6 252 000	2 550 000
Total Assets	6 760 000	6 337 000	6 275 000	4 376 000
Total Retained Equity	1 582 000	1 398 000	661 000	619 000
Total Equity	2 382 000	2 798 000	2 061 000	2 019 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 379 000	3 539 000	4 214 000	2 357 000
Total Equity and Debt	6 760 000	6 337 000	6 275 000	4 376 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 363 000	17 412 000	12 258 000	5 190 000
Other Income	0	0	0	1 201 000
Revenue	13 363 000	17 412 000	12 258 000	6 390 000
Cost of Goods Sold	12 260 000	16 003 000	11 548 000	4 920 000
Salary Costs	0	0	0	0
Depreciation	4 000	5 000	6 000	0
Impairment	0	0	0	0
Expenditure	12 893 000	16 361 000	12 068 000	5 214 000
Operating Profit	470 000	1 023 000	190 000	1 206 000
Financial Income	5 000	2 000	1 000	3 000
Financial Costs	167 000	80 000	107 000	238 000
Financial Balance	−162 000	−78 000	−106 000	−235 000
Dividends	0	0	0	0
Net Income	184 000	737 000	43 000	754 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	1 826 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	15 000	19 000	24 000	0
Total Tangible Assets	15 000	19 000	24 000	1 826 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 000	19 000	24 000	1 826 000
Stock	4 850 000	3 178 000	5 282 000	30 000
Total Investments	0	0	0	0
Cash, Bank	1 679 000	1 893 000	597 000	1 783 000
Total Current Assets	6 745 000	6 318 000	6 252 000	2 550 000
Total Assets	6 760 000	6 337 000	6 275 000	4 376 000
Total Equity	2 382 000	2 798 000	2 061 000	2 019 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	531 000	3 128 000	1 357 000	876 000
Unpaid Taxes	328 000	95 000	29 000	27 000
Dividends	0	0	0	0
Other Current Debt	1 008 000	100 000	493 000	393 000
Total Current Debt	4 379 000	3 539 000	4 214 000	2 357 000
Total Equity and Debt	6 760 000	6 337 000	6 275 000	4 376 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,72 %	26,34 %	2,09 %	37,35 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,52 %	5,88 %	1,55 %	18,87 %
Current Ratio	1,54	1,79	1,48	1,08
Quick Ratio	−14,32	17,5	−5,85	1,1
Equity Ratio	0,35	0,44	0,33	0,46
Gross Profit Margin	8,25 %	8,09 %	5,79 %	23 %