LYNGEN SEAFOOD AS

9064 SVENSBY

Finances

Return on Equity

−45,55 %

Current Ratio

0,8

Debt-to-Equity Ratio

0,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 315 000	2 787 000	1 869 000	2 874 000
Net Income	−3 044 000	979 000	1 053 000	1 220 000
Total Assets	11 361 000	15 581 000	15 861 000	16 024 000
Total Equity	6 683 000	10 699 000	10 770 000	12 505 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 315 000	2 787 000	1 869 000	2 874 000
Expenditure	971 000	1 393 000	610 000	907 000
Operating Profit	1 344 000	1 394 000	1 259 000	1 966 000
Financial Income	0	0	714 000	34 000
Financial Costs	4 122 000	143 000	831 000	816 000
Financial Balance	−4 122 000	−143 000	−117 000	−782 000
Earnings Before Tax	−2 778 000	1 252 000	1 143 000	1 185 000
Tax	266 000	273 000	90 000	−35 000
Net Income	−3 044 000	979 000	1 053 000	1 220 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 731 000	15 504 000	15 028 000	13 654 000
Total Current Assets	1 630 000	77 000	832 000	2 370 000
Total Assets	11 361 000	15 581 000	15 861 000	16 024 000
Total Retained Equity	5 183 000	9 199 000	9 270 000	11 005 000
Total Equity	6 683 000	10 699 000	10 770 000	12 505 000
Total Long-Term Debt	2 649 000	2 585 000	3 498 000	2 311 000
Total Current Debt	2 029 000	2 297 000	1 592 000	1 208 000
Total Equity and Debt	11 361 000	15 581 000	15 861 000	16 024 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	666 000	951 000	25 000	99 000
Other Income	1 649 000	1 836 000	1 844 000	2 775 000
Revenue	2 315 000	2 787 000	1 869 000	2 874 000
Cost of Goods Sold	280 000	334 000	215 000	316 000
Salary Costs	0	0	−60 000	0
Depreciation	147 000	171 000	204 000	207 000
Impairment	0	0	0	0
Expenditure	971 000	1 393 000	610 000	907 000
Operating Profit	1 344 000	1 394 000	1 259 000	1 966 000
Financial Income	0	0	714 000	34 000
Financial Costs	4 122 000	143 000	831 000	816 000
Financial Balance	−4 122 000	−143 000	−117 000	−782 000
Dividends	0	0	0	0
Net Income	−3 044 000	979 000	1 053 000	1 220 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	432 000	424 000	400 000	338 000
Real Eastate	1 357 000	1 357 000	669 000	669 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	498 000	645 000	816 000	1 114 000
Total Tangible Assets	1 855 000	2 002 000	1 485 000	1 783 000
Total Fiancial Fixed Assets	7 444 000	13 078 000	13 143 000	11 532 000
Total Fixed Assets	9 731 000	15 504 000	15 028 000	13 654 000
Stock	0	0	0	0
Total Investments	0	0	0	651 000
Cash, Bank	361 000	77 000	250 000	125 000
Total Current Assets	1 630 000	77 000	832 000	2 370 000
Total Assets	11 361 000	15 581 000	15 861 000	16 024 000
Total Equity	6 683 000	10 699 000	10 770 000	12 505 000
Short-Term Group Debt	1 380 000	1 346 000	689 000	0
Total Long-Term Debt	2 649 000	2 585 000	3 498 000	2 311 000
Creditors	512 000	745 000	776 000	560 000
Unpaid Taxes	121 000	139 000	52 000	257 000
Dividends	0	0	0	0
Other Current Debt	17 000	67 000	76 000	87 000
Total Current Debt	2 029 000	2 297 000	1 592 000	1 208 000
Total Equity and Debt	11 361 000	15 581 000	15 861 000	16 024 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−45,55 %	9,15 %	9,78 %	9,76 %
Debt-to-Equity Ratio	0,4	0,24	0,32	0,18
Operating Profit Margin	58,06 %	50,02 %	67,36 %	68,41 %
Current Ratio	0,8	0,03	0,52	1,96
Quick Ratio	0,8	0,03	0,52	1,96
Equity Ratio	0,59	0,69	0,68	0,78
Gross Profit Margin	87,9 %	88,02 %	88,5 %	89 %