OLE LUNDE AS

4790 LILLESAND

Finances

Return on Equity

−30,94 %

Current Ratio

0,95

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 000	229 000	331 000	460 000
Net Income	−43 000	−68 000	−38 000	14 000
Total Assets	2 123 000	2 076 000	4 665 000	4 758 000
Total Equity	139 000	109 000	2 383 000	4 421 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 000	229 000	331 000	460 000
Expenditure	111 000	317 000	383 000	448 000
Operating Profit	−81 000	−88 000	−53 000	12 000
Financial Income	17 000	4 000	4 000	8 000
Financial Costs	0	0	0	1 000
Financial Balance	17 000	4 000	4 000	7 000
Earnings Before Tax	−64 000	−84 000	−49 000	18 000
Tax	−21 000	−16 000	−11 000	4 000
Net Income	−43 000	−68 000	−38 000	14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	244 000	244 000	4 122 000	4 201 000
Total Current Assets	1 879 000	1 832 000	542 000	557 000
Total Assets	2 123 000	2 076 000	4 665 000	4 758 000
Total Retained Equity	−121 000	−78 000	149 000	2 188 000
Total Equity	139 000	109 000	2 383 000	4 421 000
Total Long-Term Debt	0	0	250 000	288 000
Total Current Debt	1 983 000	1 967 000	2 032 000	48 000
Total Equity and Debt	2 123 000	2 076 000	4 665 000	4 758 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	30 000	229 000	331 000	460 000
Revenue	30 000	229 000	331 000	460 000
Cost of Goods Sold	30 000	6 000	9 000	13 000
Salary Costs	0	0	0	0
Depreciation	0	0	78 000	74 000
Impairment	0	0	0	0
Expenditure	111 000	317 000	383 000	448 000
Operating Profit	−81 000	−88 000	−53 000	12 000
Financial Income	17 000	4 000	4 000	8 000
Financial Costs	0	0	0	1 000
Financial Balance	17 000	4 000	4 000	7 000
Dividends	0	0	2 000 000	0
Net Income	−43 000	−68 000	−38 000	14 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	3 879 000	3 957 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	241 000	241 000	241 000	241 000
Total Tangible Assets	241 000	241 000	4 120 000	4 198 000
Total Fiancial Fixed Assets	3 000	3 000	3 000	3 000
Total Fixed Assets	244 000	244 000	4 122 000	4 201 000
Stock	0	30 000	30 000	30 000
Total Investments	0	0	0	0
Cash, Bank	1 632 000	1 707 000	452 000	440 000
Total Current Assets	1 879 000	1 832 000	542 000	557 000
Total Assets	2 123 000	2 076 000	4 665 000	4 758 000
Total Equity	139 000	109 000	2 383 000	4 421 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	250 000	288 000
Creditors	56 000	0	1 000	2 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	2 000 000	0
Other Current Debt	1 927 000	1 967 000	2 004 000	0
Total Current Debt	1 983 000	1 967 000	2 032 000	48 000
Total Equity and Debt	2 123 000	2 076 000	4 665 000	4 758 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−30,94 %	−62,39 %	−1,59 %	0,32 %
Debt-to-Equity Ratio	0	0	0,1	0,07
Operating Profit Margin	−270 %	−38,43 %	−16,01 %	2,61 %
Current Ratio	0,95	0,93	0,27	11,6
Quick Ratio	0,95	0,95	0,27	30,94
Equity Ratio	0,07	0,05	0,51	0,93
Gross Profit Margin	0 %	97,38 %	97,28 %	97,17 %