LINNEA SHIPPING AS

1397 NESØYA

Finances

Share Ownership

Return on Equity

86,28 %

Current Ratio

13,93

Debt-to-Equity Ratio

10,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	43 065 000	109 478 000	15 351 000	11 768 000
Net Income	1 956 000	58 000	2 195 000	612 000
Total Assets	27 684 000	37 844 000	11 389 000	9 609 000
Total Equity	2 267 000	−19 688 000	−19 747 000	−21 941 000

Income (NOK)	2022	2021	2020	2019
Revenue	43 065 000	109 478 000	15 351 000	11 768 000
Expenditure	40 470 000	108 869 000	13 711 000	10 832 000
Operating Profit	2 594 000	608 000	1 640 000	936 000
Financial Income	1 296 000	1 082 000	1 622 000	779 000
Financial Costs	1 934 000	1 632 000	1 067 000	1 103 000
Financial Balance	−638 000	−550 000	555 000	−324 000
Earnings Before Tax	1 956 000	58 000	2 195 000	612 000
Tax	0	0	0	0
Net Income	1 956 000	58 000	2 195 000	612 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	27 684 000	37 844 000	11 389 000	9 609 000
Total Assets	27 684 000	37 844 000	11 389 000	9 609 000
Total Retained Equity	−17 933 000	−19 888 000	−19 947 000	−22 141 000
Total Equity	2 267 000	−19 688 000	−19 747 000	−21 941 000
Total Long-Term Debt	23 430 000	51 766 000	30 291 000	30 943 000
Total Current Debt	1 987 000	5 766 000	845 000	607 000
Total Equity and Debt	27 684 000	37 844 000	11 389 000	9 609 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	36 342 000	102 644 000	0	0
Other Income	6 722 000	6 834 000	15 351 000	11 768 000
Revenue	43 065 000	109 478 000	15 351 000	11 768 000
Cost of Goods Sold	8 984 000	19 765 000	0	0
Salary Costs	4 614 000	6 086 000	13 548 000	10 728 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	40 470 000	108 869 000	13 711 000	10 832 000
Operating Profit	2 594 000	608 000	1 640 000	936 000
Financial Income	1 296 000	1 082 000	1 622 000	779 000
Financial Costs	1 934 000	1 632 000	1 067 000	1 103 000
Financial Balance	−638 000	−550 000	555 000	−324 000
Dividends	0	0	0	0
Net Income	1 956 000	58 000	2 195 000	612 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 206 000	14 577 000	4 511 000	8 600 000
Total Current Assets	27 684 000	37 844 000	11 389 000	9 609 000
Total Assets	27 684 000	37 844 000	11 389 000	9 609 000
Total Equity	2 267 000	−19 688 000	−19 747 000	−21 941 000
Short-Term Group Debt	898 000	0	0	0
Total Long-Term Debt	23 430 000	51 766 000	30 291 000	30 943 000
Creditors	443 000	4 711 000	6 000	2 000
Unpaid Taxes	72 000	219 000	288 000	518 000
Dividends	0	0	0	0
Other Current Debt	574 000	836 000	552 000	87 000
Total Current Debt	1 987 000	5 766 000	845 000	607 000
Total Equity and Debt	27 684 000	37 844 000	11 389 000	9 609 000

Financial indicators	2022	2021	2020	2019
Return on Equity	86,28 %	−0,29 %	−11,12 %	−2,79 %
Debt-to-Equity Ratio	10,34	−2,63	−1,53	−1,41
Operating Profit Margin	6,02 %	0,56 %	10,68 %	7,95 %
Current Ratio	13,93	6,56	13,48	15,83
Quick Ratio	13,93	6,56	13,48	15,83
Equity Ratio	0,08	−0,52	−1,73	−2,28
Gross Profit Margin	79,14 %	81,95 %	100 %	100 %