LYNGEN NORTH AS

9153 ROTSUND

Finances

Return on Equity

18,48 %

Current Ratio

1,55

Debt-to-Equity Ratio

1,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 668 000	5 059 000	4 991 000	3 397 000
Net Income	695 000	570 000	353 000	398 000
Total Assets	9 968 000	9 006 000	9 094 000	9 311 000
Total Equity	3 760 000	3 066 000	2 495 000	2 143 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 668 000	5 059 000	4 991 000	3 397 000
Expenditure	6 630 000	4 206 000	4 337 000	2 755 000
Operating Profit	1 038 000	854 000	654 000	641 000
Financial Income	17 000	0	0	1 000
Financial Costs	164 000	122 000	202 000	132 000
Financial Balance	−147 000	−122 000	−202 000	−131 000
Earnings Before Tax	891 000	732 000	452 000	510 000
Tax	196 000	161 000	99 000	112 000
Net Income	695 000	570 000	353 000	398 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 533 000	7 647 000	7 846 000	8 882 000
Total Current Assets	2 435 000	1 359 000	1 249 000	429 000
Total Assets	9 968 000	9 006 000	9 094 000	9 311 000
Total Retained Equity	2 850 000	2 156 000	1 585 000	1 233 000
Total Equity	3 760 000	3 066 000	2 495 000	2 143 000
Total Long-Term Debt	4 636 000	3 296 000	5 363 000	5 592 000
Total Current Debt	1 572 000	2 645 000	1 236 000	1 576 000
Total Equity and Debt	9 968 000	9 006 000	9 094 000	9 311 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 249 000	4 399 000	2 611 000	493 000
Other Income	419 000	659 000	2 380 000	2 904 000
Revenue	7 668 000	5 059 000	4 991 000	3 397 000
Cost of Goods Sold	1 300 000	787 000	1 074 000	295 000
Salary Costs	2 942 000	1 594 000	1 525 000	1 062 000
Depreciation	491 000	464 000	450 000	254 000
Impairment	0	0	0	0
Expenditure	6 630 000	4 206 000	4 337 000	2 755 000
Operating Profit	1 038 000	854 000	654 000	641 000
Financial Income	17 000	0	0	1 000
Financial Costs	164 000	122 000	202 000	132 000
Financial Balance	−147 000	−122 000	−202 000	−131 000
Dividends	0	0	0	0
Net Income	695 000	570 000	353 000	398 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	142 000	142 000	0	0
Real Eastate	5 683 000	5 632 000	5 871 000	6 856 000
Machinery and Plant Facilities	106 000	144 000	11 000	15 000
Fixtures	1 255 000	1 382 000	1 617 000	1 664 000
Total Tangible Assets	7 043 000	7 158 000	7 498 000	8 534 000
Total Fiancial Fixed Assets	348 000	348 000	348 000	348 000
Total Fixed Assets	7 533 000	7 647 000	7 846 000	8 882 000
Stock	174 000	162 000	130 000	0
Total Investments	0	0	0	0
Cash, Bank	5 169 000	2 440 000	952 000	236 000
Total Current Assets	2 435 000	1 359 000	1 249 000	429 000
Total Assets	9 968 000	9 006 000	9 094 000	9 311 000
Total Equity	3 760 000	3 066 000	2 495 000	2 143 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 636 000	3 296 000	5 363 000	5 592 000
Creditors	580 000	461 000	344 000	530 000
Unpaid Taxes	333 000	188 000	77 000	75 000
Dividends	0	0	0	0
Other Current Debt	460 000	1 839 000	753 000	971 000
Total Current Debt	1 572 000	2 645 000	1 236 000	1 576 000
Total Equity and Debt	9 968 000	9 006 000	9 094 000	9 311 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,48 %	18,59 %	14,15 %	18,57 %
Debt-to-Equity Ratio	1,23	1,08	2,15	2,61
Operating Profit Margin	13,54 %	16,88 %	13,1 %	18,87 %
Current Ratio	1,55	0,51	1,01	0,27
Quick Ratio	1,74	0,55	1,13	0,27
Equity Ratio	0,38	0,34	0,27	0,23
Gross Profit Margin	83,05 %	84,44 %	78,48 %	91,32 %