LUND & RAANES AS

9775 GAMVIK

Finances

Share Ownership

Return on Equity

−180 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	776 000	425 000	670 000	343 000
Net Income	−27 000	−109 000	150 000	−29 000
Total Assets	128 000	78 000	305 000	201 000
Total Equity	15 000	42 000	151 000	1 000

Income (NOK)	2022	2021	2020	2019
Revenue	776 000	425 000	670 000	343 000
Expenditure	803 000	534 000	484 000	372 000
Operating Profit	−27 000	−109 000	186 000	−29 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Earnings Before Tax	−27 000	−109 000	185 000	−29 000
Tax	0	0	34 000	0
Net Income	−27 000	−109 000	150 000	−29 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	25 000
Total Current Assets	128 000	78 000	305 000	176 000
Total Assets	128 000	78 000	305 000	201 000
Total Retained Equity	−15 000	12 000	121 000	−29 000
Total Equity	15 000	42 000	151 000	1 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	113 000	36 000	154 000	200 000
Total Equity and Debt	128 000	78 000	305 000	201 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	619 000	425 000	670 000	343 000
Other Income	158 000	0	0	0
Revenue	776 000	425 000	670 000	343 000
Cost of Goods Sold	390 000	0	0	0
Salary Costs	206 000	322 000	254 000	277 000
Depreciation	0	0	19 000	2 000
Impairment	0	0	0	0
Expenditure	803 000	534 000	484 000	372 000
Operating Profit	−27 000	−109 000	186 000	−29 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Dividends	0	0	0	0
Net Income	−27 000	−109 000	150 000	−29 000

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	0	0	0	19 000
Total Tangible Assets	0	0	0	19 000
Total Fiancial Fixed Assets	0	0	0	6 000
Total Fixed Assets	0	0	0	25 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	52 000	8 000	197 000	169 000
Total Current Assets	128 000	78 000	305 000	176 000
Total Assets	128 000	78 000	305 000	201 000
Total Equity	15 000	42 000	151 000	1 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	39 000	1 000	18 000	5 000
Unpaid Taxes	48 000	7 000	75 000	165 000
Dividends	0	0	0	0
Other Current Debt	27 000	28 000	26 000	30 000
Total Current Debt	113 000	36 000	154 000	200 000
Total Equity and Debt	128 000	78 000	305 000	201 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−180 %	−259,52 %	99,34 %	−2 900 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−3,48 %	−25,65 %	27,76 %	−8,45 %
Current Ratio	1,13	2,17	1,98	0,88
Quick Ratio	1,13	2,17	1,98	0,88
Equity Ratio	0,12	0,54	0,5	0
Gross Profit Margin	49,74 %	100 %	100 %	100 %