LINDESNES RØR AS

4520 LINDESNES

Finances

Return on Equity

1,19 %

Current Ratio

1,56

Debt-to-Equity Ratio

1,11

Key figures (NOK)	2022	2021	2020
Revenue	4 047 000	5 178 000	2 375 000
Net Income	8 000	372 000	238 000
Total Assets	1 907 000	2 192 000	799 000
Total Equity	670 000	662 000	289 000

Income (NOK)	2022	2021	2020
Revenue	4 047 000	5 178 000	2 375 000
Expenditure	3 969 000	4 672 000	2 070 000
Operating Profit	77 000	507 000	305 000
Financial Income	0	0	0
Financial Costs	46 000	21 000	0
Financial Balance	−46 000	−21 000	0
Earnings Before Tax	31 000	486 000	305 000
Tax	23 000	113 000	67 000
Net Income	8 000	372 000	238 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 141 000	1 248 000	0
Total Current Assets	766 000	945 000	799 000
Total Assets	1 907 000	2 192 000	799 000
Total Retained Equity	618 000	610 000	238 000
Total Equity	670 000	662 000	289 000
Total Long-Term Debt	747 000	802 000	0
Total Current Debt	491 000	728 000	509 000
Total Equity and Debt	1 907 000	2 192 000	799 000

Cash flow (NOK)	2022	2021	2020
Sales Income	4 047 000	5 178 000	2 375 000
Other Income	0	0	0
Revenue	4 047 000	5 178 000	2 375 000
Cost of Goods Sold	2 064 000	2 316 000	980 000
Salary Costs	1 171 000	1 684 000	759 000
Depreciation	134 000	80 000	0
Impairment	0	0	0
Expenditure	3 969 000	4 672 000	2 070 000
Operating Profit	77 000	507 000	305 000
Financial Income	0	0	0
Financial Costs	46 000	21 000	0
Financial Balance	−46 000	−21 000	0
Dividends	0	0	0
Net Income	8 000	372 000	238 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	1 036 000	1 159 000	0
Machinery and Plant Facilities	50 000	33 000	0
Fixtures	0	0	0
Total Tangible Assets	1 086 000	1 193 000	0
Total Fiancial Fixed Assets	55 000	55 000	0
Total Fixed Assets	1 141 000	1 248 000	0
Stock	100 000	100 000	67 000
Total Investments	0	0	0
Cash, Bank	30 000	391 000	403 000
Total Current Assets	766 000	945 000	799 000
Total Assets	1 907 000	2 192 000	799 000
Total Equity	670 000	662 000	289 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	747 000	802 000	0
Creditors	164 000	226 000	145 000
Unpaid Taxes	187 000	244 000	144 000
Dividends	0	0	0
Other Current Debt	92 000	144 000	154 000
Total Current Debt	491 000	728 000	509 000
Total Equity and Debt	1 907 000	2 192 000	799 000

Financial indicators	2022	2021	2020
Return on Equity	1,19 %	56,19 %	82,35 %
Debt-to-Equity Ratio	1,11	1,21	0
Operating Profit Margin	1,9 %	9,79 %	12,84 %
Current Ratio	1,56	1,3	1,57
Quick Ratio	1,96	1,5	1,81
Equity Ratio	0,35	0,3	0,36
Gross Profit Margin	49 %	55,27 %	58,74 %