BRØDRENE LUNN AS

2609 LILLEHAMMER

Finances

Return on Equity

−30,8 %

Current Ratio

0,93

Debt-to-Equity Ratio

1,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	89 304 000	55 811 000	118 931 000	195 828 000
Net Income	−2 630 000	−5 173 000	2 252 000	6 957 000
Total Assets	33 463 000	18 479 000	26 768 000	40 170 000
Total Equity	8 540 000	11 170 000	14 302 000	13 050 000

Income (NOK)	2022	2021	2020	2019
Revenue	89 304 000	55 811 000	118 931 000	195 828 000
Expenditure	92 207 000	62 384 000	115 998 000	186 895 000
Operating Profit	−2 902 000	−6 573 000	2 933 000	8 934 000
Financial Income	17 000	8 000	3 000	7 000
Financial Costs	486 000	66 000	47 000	12 000
Financial Balance	−469 000	−58 000	−44 000	−5 000
Earnings Before Tax	−3 371 000	−6 631 000	2 890 000	8 928 000
Tax	−741 000	−1 458 000	638 000	1 971 000
Net Income	−2 630 000	−5 173 000	2 252 000	6 957 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 443 000	6 361 000	9 413 000	5 740 000
Total Current Assets	12 019 000	12 118 000	17 355 000	34 430 000
Total Assets	33 463 000	18 479 000	26 768 000	40 170 000
Total Retained Equity	8 440 000	11 070 000	14 202 000	12 950 000
Total Equity	8 540 000	11 170 000	14 302 000	13 050 000
Total Long-Term Debt	12 040 000	0	2 837 000	129 000
Total Current Debt	12 882 000	7 309 000	9 629 000	26 991 000
Total Equity and Debt	33 463 000	18 479 000	26 768 000	40 170 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	86 575 000	52 781 000	117 612 000	194 842 000
Other Income	2 730 000	3 030 000	1 320 000	985 000
Revenue	89 304 000	55 811 000	118 931 000	195 828 000
Cost of Goods Sold	50 209 000	23 333 000	72 094 000	145 524 000
Salary Costs	14 919 000	15 035 000	20 550 000	18 782 000
Depreciation	2 188 000	1 876 000	1 513 000	596 000
Impairment	0	0	0	0
Expenditure	92 207 000	62 384 000	115 998 000	186 895 000
Operating Profit	−2 902 000	−6 573 000	2 933 000	8 934 000
Financial Income	17 000	8 000	3 000	7 000
Financial Costs	486 000	66 000	47 000	12 000
Financial Balance	−469 000	−58 000	−44 000	−5 000
Dividends	0	0	1 000 000	3 000 000
Net Income	−2 630 000	−5 173 000	2 252 000	6 957 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 816 000	1 075 000	0	0
Real Eastate	14 016 000	18 000	2 907 000	63 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 469 000	5 144 000	6 140 000	4 977 000
Total Tangible Assets	19 485 000	5 161 000	9 046 000	5 040 000
Total Fiancial Fixed Assets	142 000	124 000	367 000	701 000
Total Fixed Assets	21 443 000	6 361 000	9 413 000	5 740 000
Stock	435 000	475 000	411 000	370 000
Total Investments	0	0	0	0
Cash, Bank	75 000	5 396 000	10 106 000	7 863 000
Total Current Assets	12 019 000	12 118 000	17 355 000	34 430 000
Total Assets	33 463 000	18 479 000	26 768 000	40 170 000
Total Equity	8 540 000	11 170 000	14 302 000	13 050 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 040 000	0	2 837 000	129 000
Creditors	8 594 000	3 934 000	4 272 000	17 520 000
Unpaid Taxes	1 576 000	1 232 000	1 377 000	1 925 000
Dividends	0	0	1 000 000	3 000 000
Other Current Debt	2 712 000	2 143 000	2 592 000	5 805 000
Total Current Debt	12 882 000	7 309 000	9 629 000	26 991 000
Total Equity and Debt	33 463 000	18 479 000	26 768 000	40 170 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−30,8 %	−46,31 %	15,75 %	53,31 %
Debt-to-Equity Ratio	1,41	0	0,2	0,01
Operating Profit Margin	−3,25 %	−11,78 %	2,47 %	4,56 %
Current Ratio	0,93	1,66	1,8	1,28
Quick Ratio	0,97	1,77	1,88	1,29
Equity Ratio	0,26	0,6	0,53	0,32
Gross Profit Margin	43,78 %	58,19 %	39,38 %	25,69 %