LINE GARD AS

4346 BRYNE

Finances

Share Ownership

Return on Equity

39,54 %

Current Ratio

1,51

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	2 562 000	2 286 000	248 000
Net Income	138 000	221 000	−30 000
Total Assets	869 000	784 000	189 000
Total Equity	349 000	211 000	−10 000

Income (NOK)	2022	2021	2020
Revenue	2 562 000	2 286 000	248 000
Expenditure	2 385 000	2 002 000	290 000
Operating Profit	177 000	284 000	−42 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	177 000	284 000	−42 000
Tax	39 000	62 000	−11 000
Net Income	138 000	221 000	−30 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	83 000	123 000	18 000
Total Current Assets	786 000	661 000	172 000
Total Assets	869 000	784 000	189 000
Total Retained Equity	319 000	191 000	−30 000
Total Equity	349 000	211 000	−10 000
Total Long-Term Debt	0	3 000	0
Total Current Debt	519 000	570 000	199 000
Total Equity and Debt	869 000	784 000	189 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 562 000	2 286 000	248 000
Other Income	0	0	0
Revenue	2 562 000	2 286 000	248 000
Cost of Goods Sold	2 017 000	1 716 000	205 000
Salary Costs	73 000	78 000	43 000
Depreciation	41 000	17 000	0
Impairment	0	0	0
Expenditure	2 385 000	2 002 000	290 000
Operating Profit	177 000	284 000	−42 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	138 000	221 000	−30 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	1 000	0	11 000
Real Eastate	6 000	6 000	6 000
Machinery and Plant Facilities	57 000	93 000	0
Fixtures	18 000	24 000	0
Total Tangible Assets	82 000	123 000	6 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	83 000	123 000	18 000
Stock	296 000	248 000	0
Total Investments	0	0	0
Cash, Bank	402 000	307 000	1 000
Total Current Assets	786 000	661 000	172 000
Total Assets	869 000	784 000	189 000
Total Equity	349 000	211 000	−10 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	3 000	0
Creditors	97 000	235 000	48 000
Unpaid Taxes	86 000	41 000	21 000
Dividends	0	0	0
Other Current Debt	294 000	246 000	131 000
Total Current Debt	519 000	570 000	199 000
Total Equity and Debt	869 000	784 000	189 000

Financial indicators	2022	2021	2020
Return on Equity	39,54 %	104,74 %	300 %
Debt-to-Equity Ratio	0	0,01	−0
Operating Profit Margin	6,91 %	12,42 %	−16,94 %
Current Ratio	1,51	1,16	0,86
Quick Ratio	3,52	2,05	0,86
Equity Ratio	0,4	0,27	−0,05
Gross Profit Margin	21,27 %	24,93 %	17,34 %