LINNVÆR AS

1405 LANGHUS

Finances

Share Ownership

Return on Equity

40 %

Current Ratio

0,97

Debt-to-Equity Ratio

10,5

Key figures (NOK)	2022	2021	2020
Revenue	3 537 000	1 557 000	1 385 000
Net Income	20 000	−8 000	72 000
Total Assets	1 134 000	338 000	397 000
Total Equity	50 000	30 000	90 000

Income (NOK)	2022	2021	2020
Revenue	3 537 000	1 557 000	1 385 000
Expenditure	3 449 000	1 561 000	1 286 000
Operating Profit	89 000	−4 000	99 000
Financial Income	0	0	0
Financial Costs	63 000	7 000	10 000
Financial Balance	−63 000	−7 000	−10 000
Earnings Before Tax	26 000	−10 000	89 000
Tax	6 000	−2 000	17 000
Net Income	20 000	−8 000	72 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	591 000	35 000	46 000
Total Current Assets	544 000	303 000	352 000
Total Assets	1 134 000	338 000	397 000
Total Retained Equity	20 000	0	60 000
Total Equity	50 000	30 000	90 000
Total Long-Term Debt	525 000	0	1 000
Total Current Debt	559 000	308 000	306 000
Total Equity and Debt	1 134 000	338 000	397 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 537 000	1 540 000	1 385 000
Other Income	0	17 000	0
Revenue	3 537 000	1 557 000	1 385 000
Cost of Goods Sold	504 000	423 000	149 000
Salary Costs	2 151 000	815 000	845 000
Depreciation	126 000	14 000	11 000
Impairment	0	0	0
Expenditure	3 449 000	1 561 000	1 286 000
Operating Profit	89 000	−4 000	99 000
Financial Income	0	0	0
Financial Costs	63 000	7 000	10 000
Financial Balance	−63 000	−7 000	−10 000
Dividends	0	0	0
Net Income	20 000	−8 000	72 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	4 000	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	527 000	32 000	46 000
Total Tangible Assets	527 000	32 000	46 000
Total Fiancial Fixed Assets	64 000	0	0
Total Fixed Assets	591 000	35 000	46 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	368 000	34 000	154 000
Total Current Assets	544 000	303 000	352 000
Total Assets	1 134 000	338 000	397 000
Total Equity	50 000	30 000	90 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	525 000	0	1 000
Creditors	139 000	144 000	29 000
Unpaid Taxes	263 000	99 000	128 000
Dividends	0	0	0
Other Current Debt	157 000	62 000	133 000
Total Current Debt	559 000	308 000	306 000
Total Equity and Debt	1 134 000	338 000	397 000

Financial indicators	2022	2021	2020
Return on Equity	40 %	−26,67 %	80 %
Debt-to-Equity Ratio	10,5	0	0,01
Operating Profit Margin	2,52 %	−0,26 %	7,15 %
Current Ratio	0,97	0,98	1,15
Quick Ratio	0,97	0,98	1,15
Equity Ratio	0,04	0,09	0,23
Gross Profit Margin	85,75 %	72,83 %	89,24 %