ELLEN & AXEL LUNDS STIFTELSE

4022 STAVANGER

Finances

Return on Equity

0,88 %

Current Ratio

138,49

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	586 000	423 000	88 013 000	87 675 000
Net Income	191 000	−874 000	11 312 000	2 918 000
Total Assets	23 144 000	23 081 000	32 587 000	170 639 000
Total Equity	21 637 000	21 447 000	22 322 000	11 010 000

Income (NOK)	2022	2021	2020	2019
Revenue	586 000	423 000	88 013 000	87 675 000
Expenditure	682 000	1 433 000	64 313 000	77 074 000
Operating Profit	−96 000	−1 009 000	23 699 000	10 602 000
Financial Income	636 000	303 000	128 000	150 000
Financial Costs	188 000	186 000	10 555 000	7 835 000
Financial Balance	448 000	117 000	−10 427 000	−7 685 000
Earnings Before Tax	352 000	−893 000	13 273 000	2 918 000
Tax	161 000	−18 000	1 961 000	0
Net Income	191 000	−874 000	11 312 000	2 918 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	569 000	569 000	738 000	144 980 000
Total Current Assets	22 574 000	22 512 000	31 849 000	25 659 000
Total Assets	23 144 000	23 081 000	32 587 000	170 639 000
Total Retained Equity	20 637 000	20 447 000	21 322 000	10 010 000
Total Equity	21 637 000	21 447 000	22 322 000	11 010 000
Total Long-Term Debt	1 343 000	1 407 000	1 814 000	143 573 000
Total Current Debt	163 000	227 000	8 451 000	16 056 000
Total Equity and Debt	23 144 000	23 081 000	32 587 000	170 639 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	586 000	450 000	58 588 000	87 675 000
Other Income	0	−26 000	29 425 000	0
Revenue	586 000	423 000	88 013 000	87 675 000
Cost of Goods Sold	0	−6 000	11 227 000	14 968 000
Salary Costs	80 000	69 000	29 411 000	38 690 000
Depreciation	0	0	6 549 000	6 581 000
Impairment	0	0	0	0
Expenditure	682 000	1 433 000	64 313 000	77 074 000
Operating Profit	−96 000	−1 009 000	23 699 000	10 602 000
Financial Income	636 000	303 000	128 000	150 000
Financial Costs	188 000	186 000	10 555 000	7 835 000
Financial Balance	448 000	117 000	−10 427 000	−7 685 000
Dividends	0	0	0	0
Net Income	191 000	−874 000	11 312 000	2 918 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	584 000
Real Eastate	569 000	569 000	569 000	140 853 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	3 409 000
Total Tangible Assets	569 000	569 000	569 000	144 262 000
Total Fiancial Fixed Assets	0	0	168 000	133 000
Total Fixed Assets	569 000	569 000	738 000	144 980 000
Stock	0	0	0	1 698 000
Total Investments	22 253 000	21 831 000	256 000	256 000
Cash, Bank	311 000	673 000	23 478 000	18 957 000
Total Current Assets	22 574 000	22 512 000	31 849 000	25 659 000
Total Assets	23 144 000	23 081 000	32 587 000	170 639 000
Total Equity	21 637 000	21 447 000	22 322 000	11 010 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 343 000	1 407 000	1 814 000	143 573 000
Creditors	61 000	78 000	5 609 000	4 251 000
Unpaid Taxes	12 000	15 000	2 115 000	4 504 000
Dividends	0	0	0	0
Other Current Debt	7 000	83 000	727 000	7 301 000
Total Current Debt	163 000	227 000	8 451 000	16 056 000
Total Equity and Debt	23 144 000	23 081 000	32 587 000	170 639 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,88 %	−4,08 %	50,68 %	26,5 %
Debt-to-Equity Ratio	0,06	0,07	0,08	13,04
Operating Profit Margin	−16,38 %	−238,53 %	26,93 %	12,09 %
Current Ratio	138,49	99,17	3,77	1,6
Quick Ratio	138,49	99,17	3,77	1,79
Equity Ratio	0,93	0,93	0,68	0,06
Gross Profit Margin	100 %	101,42 %	87,24 %	82,93 %