LINDSET ENGINEERING AS

6391 TRESFJORD

Finances

Return on Equity

19,31 %

Current Ratio

2,93

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	553 000	469 000	169 000	361 000
Net Income	90 000	143 000	−13 000	137 000
Total Assets	559 000	528 000	492 000	492 000
Total Equity	466 000	376 000	233 000	245 000

Income (NOK)	2022	2021	2020	2019
Revenue	553 000	469 000	169 000	361 000
Expenditure	423 000	273 000	171 000	171 000
Operating Profit	130 000	196 000	−2 000	190 000
Financial Income	0	0	0	0
Financial Costs	7 000	9 000	14 000	14 000
Financial Balance	−7 000	−9 000	−14 000	−14 000
Earnings Before Tax	123 000	187 000	−16 000	176 000
Tax	33 000	44 000	−4 000	39 000
Net Income	90 000	143 000	−13 000	137 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	357 000	335 000	374 000	345 000
Total Current Assets	202 000	193 000	119 000	148 000
Total Assets	559 000	528 000	492 000	492 000
Total Retained Equity	436 000	346 000	203 000	215 000
Total Equity	466 000	376 000	233 000	245 000
Total Long-Term Debt	24 000	89 000	231 000	155 000
Total Current Debt	69 000	64 000	29 000	92 000
Total Equity and Debt	559 000	528 000	492 000	492 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	422 000	469 000	169 000	361 000
Other Income	131 000	0	0	0
Revenue	553 000	469 000	169 000	361 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	109 000	101 000	91 000	54 000
Impairment	0	0	0	0
Expenditure	423 000	273 000	171 000	171 000
Operating Profit	130 000	196 000	−2 000	190 000
Financial Income	0	0	0	0
Financial Costs	7 000	9 000	14 000	14 000
Financial Balance	−7 000	−9 000	−14 000	−14 000
Dividends	0	0	0	0
Net Income	90 000	143 000	−13 000	137 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	18 000	21 000	24 000	28 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	278 000	252 000	349 000	317 000
Total Tangible Assets	296 000	273 000	374 000	345 000
Total Fiancial Fixed Assets	62 000	62 000	0	0
Total Fixed Assets	357 000	335 000	374 000	345 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	20 000	37 000	3 000	148 000
Total Current Assets	202 000	193 000	119 000	148 000
Total Assets	559 000	528 000	492 000	492 000
Total Equity	466 000	376 000	233 000	245 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	24 000	89 000	231 000	155 000
Creditors	16 000	15 000	4 000	31 000
Unpaid Taxes	3 000	4 000	25 000	27 000
Dividends	0	0	0	0
Other Current Debt	18 000	−1 000	0	0
Total Current Debt	69 000	64 000	29 000	92 000
Total Equity and Debt	559 000	528 000	492 000	492 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,31 %	38,03 %	−5,58 %	55,92 %
Debt-to-Equity Ratio	0,05	0,24	0,99	0,63
Operating Profit Margin	23,51 %	41,79 %	−1,18 %	52,63 %
Current Ratio	2,93	3,02	4,1	1,61
Quick Ratio	2,93	3,02	4,1	1,61
Equity Ratio	0,83	0,71	0,47	0,5
Gross Profit Margin	100 %	100 %	100 %	100 %