LNS SPITSBERGEN AS

9170 LONGYEARBYEN

Finances

Return on Equity

10,46 %

Current Ratio

2,45

Debt-to-Equity Ratio

1,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	270 742 000	284 515 000	196 468 000	278 661 000
Net Income	11 859 000	24 466 000	−10 717 000	40 863 000
Total Assets	309 574 000	326 770 000	317 440 000	327 866 000
Total Equity	113 348 000	107 311 000	82 845 000	93 562 000

Income (NOK)	2022	2021	2020	2019
Revenue	270 742 000	284 515 000	196 468 000	278 661 000
Expenditure	260 183 000	253 997 000	206 830 000	236 653 000
Operating Profit	10 558 000	30 519 000	−10 362 000	42 007 000
Financial Income	9 078 000	3 702 000	3 965 000	8 628 000
Financial Costs	6 284 000	5 089 000	6 350 000	3 333 000
Financial Balance	2 794 000	−1 387 000	−2 385 000	5 295 000
Earnings Before Tax	13 353 000	29 132 000	−12 747 000	47 303 000
Tax	1 494 000	4 666 000	−2 031 000	6 439 000
Net Income	11 859 000	24 466 000	−10 717 000	40 863 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	186 071 000	231 130 000	233 902 000	226 756 000
Total Current Assets	123 503 000	95 641 000	83 538 000	101 109 000
Total Assets	309 574 000	326 770 000	317 440 000	327 866 000
Total Retained Equity	107 805 000	101 767 000	77 301 000	88 018 000
Total Equity	113 348 000	107 311 000	82 845 000	93 562 000
Total Long-Term Debt	145 758 000	157 537 000	172 224 000	174 988 000
Total Current Debt	50 468 000	61 923 000	62 370 000	59 316 000
Total Equity and Debt	309 574 000	326 770 000	317 440 000	327 866 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	262 195 000	267 518 000	190 355 000	271 775 000
Other Income	8 547 000	16 997 000	6 113 000	6 886 000
Revenue	270 742 000	284 515 000	196 468 000	278 661 000
Cost of Goods Sold	127 636 000	126 824 000	92 059 000	124 881 000
Salary Costs	58 725 000	64 602 000	56 810 000	56 805 000
Depreciation	16 920 000	16 719 000	16 504 000	14 514 000
Impairment	0	0	0	42 000
Expenditure	260 183 000	253 997 000	206 830 000	236 653 000
Operating Profit	10 558 000	30 519 000	−10 362 000	42 007 000
Financial Income	9 078 000	3 702 000	3 965 000	8 628 000
Financial Costs	6 284 000	5 089 000	6 350 000	3 333 000
Financial Balance	2 794 000	−1 387 000	−2 385 000	5 295 000
Dividends	5 821 000	0	0	60 000 000
Net Income	11 859 000	24 466 000	−10 717 000	40 863 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 375 000	6 572 000	6 046 000	6 536 000
Real Eastate	87 996 000	95 116 000	101 411 000	107 903 000
Machinery and Plant Facilities	22 774 000	26 183 000	28 336 000	20 588 000
Fixtures	2 930 000	2 324 000	1 895 000	155 000
Total Tangible Assets	113 700 000	123 623 000	131 642 000	128 646 000
Total Fiancial Fixed Assets	64 995 000	100 934 000	96 214 000	91 575 000
Total Fixed Assets	186 071 000	231 130 000	233 902 000	226 756 000
Stock	61 486 000	30 354 000	26 837 000	24 808 000
Total Investments	80 000	80 000	80 000	80 000
Cash, Bank	16 980 000	10 814 000	15 194 000	29 445 000
Total Current Assets	123 503 000	95 641 000	83 538 000	101 109 000
Total Assets	309 574 000	326 770 000	317 440 000	327 866 000
Total Equity	113 348 000	107 311 000	82 845 000	93 562 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	145 758 000	157 537 000	172 224 000	174 988 000
Creditors	13 951 000	16 473 000	16 927 000	5 982 000
Unpaid Taxes	1 550 000	1 690 000	2 399 000	2 437 000
Dividends	5 821 000	0	0	60 000 000
Other Current Debt	32 672 000	38 448 000	43 044 000	37 348 000
Total Current Debt	50 468 000	61 923 000	62 370 000	59 316 000
Total Equity and Debt	309 574 000	326 770 000	317 440 000	327 866 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,46 %	22,8 %	−12,94 %	43,67 %
Debt-to-Equity Ratio	1,29	1,47	2,08	1,87
Operating Profit Margin	3,9 %	10,73 %	−5,27 %	15,07 %
Current Ratio	2,45	1,54	1,34	1,7
Quick Ratio	−11,21	3,03	2,35	2,93
Equity Ratio	0,37	0,33	0,26	0,29
Gross Profit Margin	52,86 %	55,42 %	53,14 %	55,19 %