LINNE AS

4626 KRISTIANSAND S

Finances

Return on Equity

75,81 %

Current Ratio

0,4

Debt-to-Equity Ratio

8,63

Key figures (NOK)	2022	2021	2020
Revenue	27 000	290 000	993 000
Net Income	3 704 000	−519 000	−2 843 000
Total Assets	51 573 000	49 010 000	53 403 000
Total Equity	4 886 000	1 182 000	1 701 000

Income (NOK)	2022	2021	2020
Revenue	27 000	290 000	993 000
Expenditure	682 000	1 052 000	6 530 000
Operating Profit	−656 000	−762 000	−5 536 000
Financial Income	3 108 000	1 281 000	4 231 000
Financial Costs	−1 239 000	1 248 000	1 402 000
Financial Balance	4 347 000	33 000	2 829 000
Earnings Before Tax	3 691 000	−729 000	−2 707 000
Tax	−13 000	−210 000	136 000
Net Income	3 704 000	−519 000	−2 843 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	49 738 000	46 261 000	50 271 000
Total Current Assets	1 835 000	2 749 000	3 132 000
Total Assets	51 573 000	49 010 000	53 403 000
Total Retained Equity	342 000	−3 362 000	−2 843 000
Total Equity	4 886 000	1 182 000	1 701 000
Total Long-Term Debt	42 155 000	43 986 000	48 702 000
Total Current Debt	4 532 000	3 842 000	3 001 000
Total Equity and Debt	51 573 000	49 010 000	53 403 000

Cash flow (NOK)	2022	2021	2020
Sales Income	27 000	290 000	936 000
Other Income	0	0	57 000
Revenue	27 000	290 000	993 000
Cost of Goods Sold	30 000	370 000	399 000
Salary Costs	329 000	89 000	92 000
Depreciation	79 000	42 000	0
Impairment	0	0	0
Expenditure	682 000	1 052 000	6 530 000
Operating Profit	−656 000	−762 000	−5 536 000
Financial Income	3 108 000	1 281 000	4 231 000
Financial Costs	−1 239 000	1 248 000	1 402 000
Financial Balance	4 347 000	33 000	2 829 000
Dividends	0	0	0
Net Income	3 704 000	−519 000	−2 843 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	70 000	57 000	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	2 000
Fixtures	514 000	593 000	0
Total Tangible Assets	514 000	593 000	2 000
Total Fiancial Fixed Assets	49 154 000	45 611 000	50 269 000
Total Fixed Assets	49 738 000	46 261 000	50 271 000
Stock	0	0	370 000
Total Investments	493 000	457 000	27 000
Cash, Bank	78 000	259 000	173 000
Total Current Assets	1 835 000	2 749 000	3 132 000
Total Assets	51 573 000	49 010 000	53 403 000
Total Equity	4 886 000	1 182 000	1 701 000
Short-Term Group Debt	3 255 000	3 219 000	2 244 000
Total Long-Term Debt	42 155 000	43 986 000	48 702 000
Creditors	13 000	55 000	245 000
Unpaid Taxes	141 000	182 000	7 000
Dividends	0	0	0
Other Current Debt	512 000	386 000	505 000
Total Current Debt	4 532 000	3 842 000	3 001 000
Total Equity and Debt	51 573 000	49 010 000	53 403 000

Financial indicators	2022	2021	2020
Return on Equity	75,81 %	−43,91 %	−167,14 %
Debt-to-Equity Ratio	8,63	37,21	28,63
Operating Profit Margin	−2 429,63 %	−262,76 %	−557,5 %
Current Ratio	0,4	0,72	1,04
Quick Ratio	0,4	0,72	1,19
Equity Ratio	0,09	0,02	0,03
Gross Profit Margin	−11,11 %	−27,59 %	59,82 %