LNETT AS

4017 STAVANGER

Finances

Return on Equity

7,08 %

Current Ratio

0,28

Debt-to-Equity Ratio

2,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 636 700 000	1 446 748 000	1 546 620 000	1 517 333 000
Net Income	111 195 000	93 972 000	207 089 000	98 514 000
Total Assets	6 925 538 000	6 415 338 000	5 638 329 000	5 204 853 000
Total Equity	1 569 942 000	1 412 777 000	1 372 512 000	1 285 287 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 636 700 000	1 446 748 000	1 546 620 000	1 517 333 000
Expenditure	1 416 027 000	1 283 380 000	1 244 241 000	1 318 176 000
Operating Profit	220 673 000	163 368 000	302 379 000	187 236 000
Financial Income	5 187 000	3 633 000	3 206 000	1 874 000
Financial Costs	82 890 000	46 473 000	39 608 000	62 133 000
Financial Balance	−77 703 000	−42 840 000	−36 402 000	−60 259 000
Earnings Before Tax	142 971 000	120 528 000	265 977 000	126 976 000
Tax	31 776 000	26 555 000	58 888 000	28 463 000
Net Income	111 195 000	93 972 000	207 089 000	98 514 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 544 492 000	5 502 673 000	5 029 577 000	4 192 209 000
Total Current Assets	381 046 000	912 665 000	608 752 000	1 012 645 000
Total Assets	6 925 538 000	6 415 338 000	5 638 329 000	5 204 853 000
Total Retained Equity	399 069 000	241 904 000	201 639 000	114 414 000
Total Equity	1 569 942 000	1 412 777 000	1 372 512 000	1 285 287 000
Total Long-Term Debt	4 009 515 000	3 765 950 000	3 334 329 000	2 565 534 000
Total Current Debt	1 346 081 000	1 236 611 000	931 488 000	1 354 032 000
Total Equity and Debt	6 925 538 000	6 415 338 000	5 638 329 000	5 204 853 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 636 700 000	1 446 748 000	1 546 620 000	1 517 333 000
Revenue	1 636 700 000	1 446 748 000	1 546 620 000	1 517 333 000
Cost of Goods Sold	753 328 000	630 999 000	617 065 000	675 625 000
Salary Costs	196 968 000	181 665 000	182 347 000	212 378 000
Depreciation	252 677 000	280 230 000	248 032 000	195 514 000
Impairment	205 000	0	425 000	110 000
Expenditure	1 416 027 000	1 283 380 000	1 244 241 000	1 318 176 000
Operating Profit	220 673 000	163 368 000	302 379 000	187 236 000
Financial Income	5 187 000	3 633 000	3 206 000	1 874 000
Financial Costs	82 890 000	46 473 000	39 608 000	62 133 000
Financial Balance	−77 703 000	−42 840 000	−36 402 000	−60 259 000
Dividends	0	0	0	0
Net Income	111 195 000	93 972 000	207 089 000	98 514 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	973 000	973 000	973 000	973 000
Total Intangible Assets	973 000	973 000	973 000	973 000
Real Eastate	5 097 342 000	4 863 705 000	0	0
Machinery and Plant Facilities	0	0	4 470 098 000	3 639 346 000
Fixtures	1 431 246 000	618 064 000	533 576 000	518 101 000
Total Tangible Assets	6 528 588 000	5 481 769 000	5 003 674 000	4 157 447 000
Total Fiancial Fixed Assets	14 930 000	19 930 000	24 930 000	33 788 000
Total Fixed Assets	6 544 492 000	5 502 673 000	5 029 577 000	4 192 209 000
Stock	25 507 000	30 645 000	40 560 000	36 873 000
Total Investments	0	0	0	0
Cash, Bank	1 849 000	1 672 000	1 699 000	201 704 000
Total Current Assets	381 046 000	912 665 000	608 752 000	1 012 645 000
Total Assets	6 925 538 000	6 415 338 000	5 638 329 000	5 204 853 000
Total Equity	1 569 942 000	1 412 777 000	1 372 512 000	1 285 287 000
Short-Term Group Debt	50 000 000	215 574 000	78 400 000	−98 000 000
Total Long-Term Debt	4 009 515 000	3 765 950 000	3 334 329 000	2 565 534 000
Creditors	139 665 000	133 202 000	134 113 000	138 349 000
Unpaid Taxes	244 245 000	312 516 000	339 263 000	340 541 000
Dividends	0	0	0	0
Other Current Debt	912 170 000	575 320 000	379 712 000	753 142 000
Total Current Debt	1 346 081 000	1 236 611 000	931 488 000	1 354 032 000
Total Equity and Debt	6 925 538 000	6 415 338 000	5 638 329 000	5 204 853 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,08 %	6,65 %	15,09 %	7,66 %
Debt-to-Equity Ratio	2,55	2,67	2,43	2
Operating Profit Margin	13,48 %	11,29 %	19,55 %	12,34 %
Current Ratio	0,28	0,74	0,65	0,75
Quick Ratio	0,29	0,76	0,68	0,77
Equity Ratio	0,23	0,22	0,24	0,25
Gross Profit Margin	53,97 %	56,39 %	60,1 %	55,47 %