LINGLING TEKSTIL AS

2068 JESSHEIM

Finances

Share Ownership

Return on Equity

−10,17 %

Current Ratio

8,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 853 000	3 502 000	3 830 000	5 905 000
Net Income	−1 501 000	1 784 000	446 000	1 237 000
Total Assets	16 852 000	18 909 000	15 242 000	14 495 000
Total Equity	14 757 000	16 259 000	14 552 000	14 160 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 853 000	3 502 000	3 830 000	5 905 000
Expenditure	1 724 000	3 023 000	3 600 000	4 988 000
Operating Profit	129 000	478 000	230 000	916 000
Financial Income	6 000	1 547 000	387 000	648 000
Financial Costs	1 613 000	144 000	141 000	111 000
Financial Balance	−1 607 000	1 403 000	246 000	537 000
Earnings Before Tax	−1 478 000	1 881 000	476 000	1 453 000
Tax	24 000	97 000	30 000	216 000
Net Income	−1 501 000	1 784 000	446 000	1 237 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	14 000	63 000
Total Current Assets	16 852 000	18 909 000	15 229 000	14 432 000
Total Assets	16 852 000	18 909 000	15 242 000	14 495 000
Total Retained Equity	12 757 000	14 259 000	12 552 000	12 160 000
Total Equity	14 757 000	16 259 000	14 552 000	14 160 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 095 000	2 651 000	691 000	335 000
Total Equity and Debt	16 852 000	18 909 000	15 242 000	14 495 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 853 000	3 502 000	3 830 000	5 900 000
Other Income	0	0	0	5 000
Revenue	1 853 000	3 502 000	3 830 000	5 905 000
Cost of Goods Sold	1 610 000	2 863 000	3 385 000	4 181 000
Salary Costs	0	11 000	0	247 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 724 000	3 023 000	3 600 000	4 988 000
Operating Profit	129 000	478 000	230 000	916 000
Financial Income	6 000	1 547 000	387 000	648 000
Financial Costs	1 613 000	144 000	141 000	111 000
Financial Balance	−1 607 000	1 403 000	246 000	537 000
Dividends	0	0	0	0
Net Income	−1 501 000	1 784 000	446 000	1 237 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	15 000
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	14 000	47 000
Total Fixed Assets	0	0	14 000	63 000
Stock	0	0	0	0
Total Investments	16 245 000	16 903 000	13 739 000	11 143 000
Cash, Bank	608 000	1 977 000	1 459 000	3 152 000
Total Current Assets	16 852 000	18 909 000	15 229 000	14 432 000
Total Assets	16 852 000	18 909 000	15 242 000	14 495 000
Total Equity	14 757 000	16 259 000	14 552 000	14 160 000
Short-Term Group Debt	2 034 000	2 064 000	71 000	0
Total Long-Term Debt	0	0	0	0
Creditors	18 000	105 000	0	247 000
Unpaid Taxes	9 000	396 000	596 000	60 000
Dividends	0	0	0	0
Other Current Debt	11 000	11 000	23 000	17 000
Total Current Debt	2 095 000	2 651 000	691 000	335 000
Total Equity and Debt	16 852 000	18 909 000	15 242 000	14 495 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,17 %	10,97 %	3,06 %	8,74 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,96 %	13,65 %	6,01 %	15,51 %
Current Ratio	8,04	7,13	22,04	43,08
Quick Ratio	8,04	7,13	22,04	43,08
Equity Ratio	0,88	0,86	0,95	0,98
Gross Profit Margin	13,11 %	18,25 %	11,62 %	29,2 %