LINGEN GRUNNBORING AS

6416 MOLDE

Finances

Share Ownership

Return on Equity

15,43 %

Current Ratio

1,66

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 058 000	18 380 000	12 689 000	9 546 000
Net Income	814 000	1 986 000	1 646 000	1 397 000
Total Assets	8 939 000	9 178 000	6 193 000	4 401 000
Total Equity	5 276 000	4 861 000	2 875 000	1 730 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 058 000	18 380 000	12 689 000	9 546 000
Expenditure	21 059 000	15 801 000	10 537 000	7 742 000
Operating Profit	1 001 000	2 579 000	2 152 000	1 804 000
Financial Income	64 000	2 000	1 000	1 000
Financial Costs	17 000	21 000	38 000	12 000
Financial Balance	47 000	−19 000	−37 000	−11 000
Earnings Before Tax	1 048 000	2 560 000	2 116 000	1 792 000
Tax	234 000	574 000	470 000	395 000
Net Income	814 000	1 986 000	1 646 000	1 397 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 268 000	3 520 000	2 107 000	1 348 000
Total Current Assets	5 670 000	5 658 000	4 086 000	3 053 000
Total Assets	8 939 000	9 178 000	6 193 000	4 401 000
Total Retained Equity	5 176 000	4 761 000	2 775 000	1 630 000
Total Equity	5 276 000	4 861 000	2 875 000	1 730 000
Total Long-Term Debt	252 000	417 000	589 000	250 000
Total Current Debt	3 411 000	3 900 000	2 729 000	2 421 000
Total Equity and Debt	8 939 000	9 178 000	6 193 000	4 401 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 049 000	18 304 000	12 686 000	9 546 000
Other Income	9 000	76 000	3 000	0
Revenue	22 058 000	18 380 000	12 689 000	9 546 000
Cost of Goods Sold	4 577 000	2 132 000	1 503 000	1 327 000
Salary Costs	9 012 000	7 283 000	4 626 000	3 368 000
Depreciation	814 000	642 000	360 000	205 000
Impairment	0	0	0	0
Expenditure	21 059 000	15 801 000	10 537 000	7 742 000
Operating Profit	1 001 000	2 579 000	2 152 000	1 804 000
Financial Income	64 000	2 000	1 000	1 000
Financial Costs	17 000	21 000	38 000	12 000
Financial Balance	47 000	−19 000	−37 000	−11 000
Dividends	0	0	500 000	300 000
Net Income	814 000	1 986 000	1 646 000	1 397 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	39 000	0	0	0
Real Eastate	53 000	0	0	0
Machinery and Plant Facilities	618 000	612 000	283 000	216 000
Fixtures	1 324 000	1 608 000	1 414 000	766 000
Total Tangible Assets	1 995 000	2 220 000	1 697 000	982 000
Total Fiancial Fixed Assets	1 235 000	1 300 000	410 000	367 000
Total Fixed Assets	3 268 000	3 520 000	2 107 000	1 348 000
Stock	189 000	175 000	171 000	56 000
Total Investments	0	0	0	0
Cash, Bank	3 076 000	3 120 000	2 626 000	1 847 000
Total Current Assets	5 670 000	5 658 000	4 086 000	3 053 000
Total Assets	8 939 000	9 178 000	6 193 000	4 401 000
Total Equity	5 276 000	4 861 000	2 875 000	1 730 000
Short-Term Group Debt	215 000	0	0	0
Total Long-Term Debt	252 000	417 000	589 000	250 000
Creditors	1 107 000	1 154 000	580 000	491 000
Unpaid Taxes	998 000	923 000	667 000	558 000
Dividends	0	0	500 000	300 000
Other Current Debt	791 000	1 214 000	543 000	682 000
Total Current Debt	3 411 000	3 900 000	2 729 000	2 421 000
Total Equity and Debt	8 939 000	9 178 000	6 193 000	4 401 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,43 %	40,86 %	57,25 %	80,75 %
Debt-to-Equity Ratio	0,05	0,09	0,2	0,14
Operating Profit Margin	4,54 %	14,03 %	16,96 %	18,9 %
Current Ratio	1,66	1,45	1,5	1,26
Quick Ratio	1,76	1,52	1,6	1,29
Equity Ratio	0,59	0,53	0,46	0,39
Gross Profit Margin	79,25 %	88,4 %	88,16 %	86,1 %