LØNSETHAGEN CHIPTUNING AS

7353 BØRSA

Finances

Share Ownership

Return on Equity

63,64 %

Current Ratio

2,14

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	992 000	895 000	730 000	294 000
Net Income	56 000	32 000	17 000	34 000
Total Assets	182 000	178 000	171 000	173 000
Total Equity	88 000	57 000	50 000	58 000

Income (NOK)	2022	2021	2020	2019
Revenue	992 000	895 000	730 000	294 000
Expenditure	912 000	850 000	705 000	249 000
Operating Profit	80 000	44 000	25 000	45 000
Financial Income	1 000	0	0	0
Financial Costs	5 000	3 000	4 000	3 000
Financial Balance	−4 000	−3 000	−4 000	−3 000
Earnings Before Tax	75 000	41 000	21 000	41 000
Tax	19 000	9 000	5 000	8 000
Net Income	56 000	32 000	17 000	34 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 000	35 000	55 000	76 000
Total Current Assets	167 000	142 000	116 000	97 000
Total Assets	182 000	178 000	171 000	173 000
Total Retained Equity	58 000	27 000	20 000	28 000
Total Equity	88 000	57 000	50 000	58 000
Total Long-Term Debt	17 000	38 000	61 000	82 000
Total Current Debt	78 000	83 000	61 000	33 000
Total Equity and Debt	182 000	178 000	171 000	173 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	992 000	895 000	730 000	294 000
Other Income	0	0	0	0
Revenue	992 000	895 000	730 000	294 000
Cost of Goods Sold	602 000	629 000	471 000	136 000
Salary Costs	3 000	0	0	0
Depreciation	20 000	20 000	20 000	5 000
Impairment	0	0	0	0
Expenditure	912 000	850 000	705 000	249 000
Operating Profit	80 000	44 000	25 000	45 000
Financial Income	1 000	0	0	0
Financial Costs	5 000	3 000	4 000	3 000
Financial Balance	−4 000	−3 000	−4 000	−3 000
Dividends	25 000	25 000	25 000	0
Net Income	56 000	32 000	17 000	34 000

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	0	0	0	0
Fixtures	15 000	35 000	55 000	76 000
Total Tangible Assets	15 000	35 000	55 000	76 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 000	35 000	55 000	76 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	165 000	142 000	109 000	92 000
Total Current Assets	167 000	142 000	116 000	97 000
Total Assets	182 000	178 000	171 000	173 000
Total Equity	88 000	57 000	50 000	58 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 000	38 000	61 000	82 000
Creditors	4 000	−2 000	5 000	−1 000
Unpaid Taxes	30 000	25 000	26 000	15 000
Dividends	25 000	25 000	25 000	0
Other Current Debt	0	19 000	0	14 000
Total Current Debt	78 000	83 000	61 000	33 000
Total Equity and Debt	182 000	178 000	171 000	173 000

Financial indicators	2022	2021	2020	2019
Return on Equity	63,64 %	56,14 %	34 %	58,62 %
Debt-to-Equity Ratio	0,19	0,67	1,22	1,41
Operating Profit Margin	8,06 %	4,92 %	3,42 %	15,31 %
Current Ratio	2,14	1,71	1,9	2,94
Quick Ratio	2,14	1,71	1,9	2,94
Equity Ratio	0,48	0,32	0,29	0,34
Gross Profit Margin	39,31 %	29,72 %	35,48 %	53,74 %