LUPIN AS

8370 LEKNES

Finances

Share Ownership

Return on Equity

50,68 %

Current Ratio

1,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 467 000	9 346 000	8 134 000	8 093 000
Net Income	555 000	350 000	573 000	54 000
Total Assets	5 612 000	4 772 000	4 066 000	3 600 000
Total Equity	1 095 000	640 000	289 000	−284 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 467 000	9 346 000	8 134 000	8 093 000
Expenditure	9 717 000	8 878 000	7 371 000	7 953 000
Operating Profit	750 000	467 000	763 000	140 000
Financial Income	3 000	−1 000	0	1 000
Financial Costs	39 000	16 000	25 000	68 000
Financial Balance	−36 000	−17 000	−25 000	−67 000
Earnings Before Tax	714 000	451 000	738 000	73 000
Tax	159 000	101 000	164 000	18 000
Net Income	555 000	350 000	573 000	54 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	217 000	155 000	160 000	298 000
Total Current Assets	5 395 000	4 617 000	3 906 000	3 302 000
Total Assets	5 612 000	4 772 000	4 066 000	3 600 000
Total Retained Equity	995 000	540 000	189 000	−384 000
Total Equity	1 095 000	640 000	289 000	−284 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 517 000	4 132 000	3 777 000	3 884 000
Total Equity and Debt	5 612 000	4 772 000	4 066 000	3 600 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 467 000	9 346 000	8 052 000	8 093 000
Other Income	0	0	82 000	0
Revenue	10 467 000	9 346 000	8 134 000	8 093 000
Cost of Goods Sold	5 563 000	4 933 000	4 033 000	4 104 000
Salary Costs	2 662 000	2 492 000	2 026 000	2 413 000
Depreciation	38 000	55 000	60 000	57 000
Impairment	0	0	0	0
Expenditure	9 717 000	8 878 000	7 371 000	7 953 000
Operating Profit	750 000	467 000	763 000	140 000
Financial Income	3 000	−1 000	0	1 000
Financial Costs	39 000	16 000	25 000	68 000
Financial Balance	−36 000	−17 000	−25 000	−67 000
Dividends	100 000	0	0	0
Net Income	555 000	350 000	573 000	54 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	50 000	50 000	44 000	122 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	64 000	73 000	82 000	91 000
Fixtures	104 000	32 000	34 000	85 000
Total Tangible Assets	168 000	104 000	116 000	176 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	217 000	155 000	160 000	298 000
Stock	1 552 000	1 484 000	1 360 000	1 176 000
Total Investments	0	0	0	0
Cash, Bank	3 414 000	2 819 000	2 365 000	1 951 000
Total Current Assets	5 395 000	4 617 000	3 906 000	3 302 000
Total Assets	5 612 000	4 772 000	4 066 000	3 600 000
Total Equity	1 095 000	640 000	289 000	−284 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	747 000	662 000	518 000	502 000
Unpaid Taxes	482 000	362 000	345 000	412 000
Dividends	100 000	0	0	0
Other Current Debt	3 030 000	3 002 000	2 827 000	2 970 000
Total Current Debt	4 517 000	4 132 000	3 777 000	3 884 000
Total Equity and Debt	5 612 000	4 772 000	4 066 000	3 600 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,68 %	54,69 %	198,27 %	−19,01 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	7,17 %	5 %	9,38 %	1,73 %
Current Ratio	1,19	1,12	1,03	0,85
Quick Ratio	1,82	1,74	1,62	1,22
Equity Ratio	0,2	0,13	0,07	−0,08
Gross Profit Margin	46,85 %	47,22 %	50,42 %	49,29 %