LYNGEN BRØYTESERVICE AS

9060 LYNGSEIDET

Finances

Share Ownership

Return on Equity

−3 283,33 %

Current Ratio

1,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	0	2 167 000	920 000
Net Income	−197 000	−235 000	404 000
Total Assets	96 000	489 000	1 046 000
Total Equity	6 000	204 000	439 000

Income (NOK)	2022	2021	2020
Revenue	0	2 167 000	920 000
Expenditure	192 000	2 443 000	399 000
Operating Profit	−192 000	−276 000	521 000
Financial Income	0	0	0
Financial Costs	13 000	21 000	3 000
Financial Balance	−13 000	−21 000	−3 000
Earnings Before Tax	−205 000	−297 000	518 000
Tax	−7 000	−62 000	115 000
Net Income	−197 000	−235 000	404 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	55 000	497 000
Total Current Assets	96 000	434 000	549 000
Total Assets	96 000	489 000	1 046 000
Total Retained Equity	−29 000	168 000	404 000
Total Equity	6 000	204 000	439 000
Total Long-Term Debt	0	7 000	463 000
Total Current Debt	89 000	278 000	143 000
Total Equity and Debt	96 000	489 000	1 046 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	1 804 000	620 000
Other Income	0	363 000	300 000
Revenue	0	2 167 000	920 000
Cost of Goods Sold	0	20 000	36 000
Salary Costs	2 000	1 420 000	16 000
Depreciation	7 000	90 000	13 000
Impairment	0	0	0
Expenditure	192 000	2 443 000	399 000
Operating Profit	−192 000	−276 000	521 000
Financial Income	0	0	0
Financial Costs	13 000	21 000	3 000
Financial Balance	−13 000	−21 000	−3 000
Dividends	0	0	0
Net Income	−197 000	−235 000	404 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	55 000	497 000
Total Tangible Assets	0	55 000	497 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	55 000	497 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	21 000	245 000	219 000
Total Current Assets	96 000	434 000	549 000
Total Assets	96 000	489 000	1 046 000
Total Equity	6 000	204 000	439 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	7 000	463 000
Creditors	65 000	115 000	32 000
Unpaid Taxes	0	14 000	60 000
Dividends	0	0	0
Other Current Debt	24 000	144 000	10 000
Total Current Debt	89 000	278 000	143 000
Total Equity and Debt	96 000	489 000	1 046 000

Financial indicators	2022	2021	2020
Return on Equity	−3 283,33 %	−115,2 %	92,03 %
Debt-to-Equity Ratio	0	0,03	1,05
Operating Profit Margin	-	−12,74 %	56,63 %
Current Ratio	1,08	1,56	3,84
Quick Ratio	1,08	1,56	3,84
Equity Ratio	0,06	0,42	0,42
Gross Profit Margin	-	99,08 %	96,09 %