LINNIE TECHNOLOGY AS

6037 EIDSNES

Finances

Share Ownership

Return on Equity

126,6 %

Current Ratio

3,18

Debt-to-Equity Ratio

−1,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	159 000	7 000	60 000	39 000
Net Income	−376 000	−9 000	32 000	26 000
Total Assets	155 000	574 000	355 000	301 000
Total Equity	−297 000	79 000	88 000	56 000

Income (NOK)	2022	2021	2020	2019
Revenue	159 000	7 000	60 000	39 000
Expenditure	35 000	12 000	13 000	2 000
Operating Profit	123 000	−5 000	47 000	37 000
Financial Income	0	0	0	0
Financial Costs	500 000	6 000	6 000	3 000
Financial Balance	−500 000	−6 000	−6 000	−3 000
Earnings Before Tax	−376 000	−11 000	41 000	34 000
Tax	0	−2 000	9 000	7 000
Net Income	−376 000	−9 000	32 000	26 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	531 000	252 000	252 000
Total Current Assets	124 000	44 000	104 000	49 000
Total Assets	155 000	574 000	355 000	301 000
Total Retained Equity	−327 000	49 000	58 000	26 000
Total Equity	−297 000	79 000	88 000	56 000
Total Long-Term Debt	413 000	492 000	252 000	236 000
Total Current Debt	39 000	3 000	15 000	8 000
Total Equity and Debt	155 000	574 000	355 000	301 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	159 000	7 000	60 000	39 000
Other Income	0	0	0	0
Revenue	159 000	7 000	60 000	39 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	5 000	3 000	0	0
Impairment	0	0	0	0
Expenditure	35 000	12 000	13 000	2 000
Operating Profit	123 000	−5 000	47 000	37 000
Financial Income	0	0	0	0
Financial Costs	500 000	6 000	6 000	3 000
Financial Balance	−500 000	−6 000	−6 000	−3 000
Dividends	0	0	0	0
Net Income	−376 000	−9 000	32 000	26 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	2 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	16 000	21 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	16 000	21 000	0	0
Total Fiancial Fixed Assets	12 000	507 000	252 000	252 000
Total Fixed Assets	30 000	531 000	252 000	252 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	44 000	44 000	78 000	44 000
Total Current Assets	124 000	44 000	104 000	49 000
Total Assets	155 000	574 000	355 000	301 000
Total Equity	−297 000	79 000	88 000	56 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	413 000	492 000	252 000	236 000
Creditors	0	0	0	0
Unpaid Taxes	36 000	0	6 000	0
Dividends	0	0	0	0
Other Current Debt	3 000	3 000	0	1 000
Total Current Debt	39 000	3 000	15 000	8 000
Total Equity and Debt	155 000	574 000	355 000	301 000

Financial indicators	2022	2021	2020	2019
Return on Equity	126,6 %	−11,39 %	36,36 %	46,43 %
Debt-to-Equity Ratio	−1,39	6,23	2,86	4,21
Operating Profit Margin	77,36 %	−71,43 %	78,33 %	94,87 %
Current Ratio	3,18	14,67	6,93	6,13
Quick Ratio	3,18	14,67	6,93	6,13
Equity Ratio	−1,92	0,14	0,25	0,19
Gross Profit Margin	100 %	100 %	100 %	100 %