LINDVALL TURBO & TUNING AS

3941 PORSGRUNN

Finances

Share Ownership

Return on Equity

83,33 %

Current Ratio

2,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	333 000	236 000	374 000	620 000
Net Income	40 000	−55 000	−49 000	58 000
Total Assets	56 000	75 000	178 000	177 000
Total Equity	48 000	8 000	63 000	112 000

Income (NOK)	2022	2021	2020	2019
Revenue	333 000	236 000	374 000	620 000
Expenditure	293 000	291 000	434 000	564 000
Operating Profit	40 000	−55 000	−63 000	72 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	40 000	−55 000	−63 000	72 000
Tax	0	−1 000	−14 000	15 000
Net Income	40 000	−55 000	−49 000	58 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	36 000	55 000	74 000	93 000
Total Current Assets	20 000	20 000	104 000	83 000
Total Assets	56 000	75 000	178 000	177 000
Total Retained Equity	−12 000	−52 000	3 000	52 000
Total Equity	48 000	8 000	63 000	112 000
Total Long-Term Debt	0	0	1 000	4 000
Total Current Debt	8 000	67 000	115 000	61 000
Total Equity and Debt	56 000	75 000	178 000	177 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	333 000	236 000	374 000	620 000
Other Income	0	0	0	0
Revenue	333 000	236 000	374 000	620 000
Cost of Goods Sold	101 000	79 000	84 000	71 000
Salary Costs	0	110 000	126 000	251 000
Depreciation	19 000	19 000	19 000	2 000
Impairment	0	0	0	0
Expenditure	293 000	291 000	434 000	564 000
Operating Profit	40 000	−55 000	−63 000	72 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	40 000	−55 000	−49 000	58 000

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	36 000	55 000	74 000	93 000
Fixtures	0	0	0	0
Total Tangible Assets	36 000	55 000	74 000	93 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	36 000	55 000	74 000	93 000
Stock	13 000	13 000	13 000	16 000
Total Investments	0	0	0	0
Cash, Bank	7 000	7 000	80 000	67 000
Total Current Assets	20 000	20 000	104 000	83 000
Total Assets	56 000	75 000	178 000	177 000
Total Equity	48 000	8 000	63 000	112 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 000	4 000
Creditors	0	4 000	4 000	13 000
Unpaid Taxes	3 000	23 000	75 000	17 000
Dividends	0	0	0	0
Other Current Debt	5 000	40 000	36 000	20 000
Total Current Debt	8 000	67 000	115 000	61 000
Total Equity and Debt	56 000	75 000	178 000	177 000

Financial indicators	2022	2021	2020	2019
Return on Equity	83,33 %	−687,5 %	−77,78 %	51,79 %
Debt-to-Equity Ratio	0	0	0,02	0,04
Operating Profit Margin	12,01 %	−23,31 %	−16,84 %	11,61 %
Current Ratio	2,5	0,3	0,9	1,36
Quick Ratio	−4	0,37	1,02	1,84
Equity Ratio	0,86	0,11	0,35	0,63
Gross Profit Margin	69,67 %	66,53 %	77,54 %	88,55 %