LINNEGRØVAN 24 AS

4640 SØGNE

Finances

Share Ownership

Return on Equity

4,49 %

Current Ratio

1,81

Debt-to-Equity Ratio

22,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	963 000	943 000	1 011 000	776 000
Net Income	12 000	171 000	226 000	183 000
Total Assets	6 748 000	8 254 000	11 253 000	8 770 000
Total Equity	267 000	2 655 000	2 483 000	2 258 000

Income (NOK)	2022	2021	2020	2019
Revenue	963 000	943 000	1 011 000	776 000
Expenditure	798 000	529 000	525 000	318 000
Operating Profit	165 000	414 000	486 000	458 000
Financial Income	0	0	0	0
Financial Costs	150 000	194 000	197 000	224 000
Financial Balance	−150 000	−194 000	−197 000	−224 000
Earnings Before Tax	15 000	220 000	289 000	234 000
Tax	3 000	48 000	64 000	52 000
Net Income	12 000	171 000	226 000	183 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 727 000	7 719 000	10 506 000	7 869 000
Total Current Assets	1 021 000	535 000	747 000	900 000
Total Assets	6 748 000	8 254 000	11 253 000	8 770 000
Total Retained Equity	167 000	2 555 000	2 383 000	2 158 000
Total Equity	267 000	2 655 000	2 483 000	2 258 000
Total Long-Term Debt	5 916 000	5 356 000	8 464 000	5 984 000
Total Current Debt	565 000	243 000	305 000	528 000
Total Equity and Debt	6 748 000	8 254 000	11 253 000	8 770 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	963 000	943 000	1 011 000	776 000
Revenue	963 000	943 000	1 011 000	776 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	150 000	150 000
Impairment	0	0	0	0
Expenditure	798 000	529 000	525 000	318 000
Operating Profit	165 000	414 000	486 000	458 000
Financial Income	0	0	0	0
Financial Costs	150 000	194 000	197 000	224 000
Financial Balance	−150 000	−194 000	−197 000	−224 000
Dividends	0	0	0	0
Net Income	12 000	171 000	226 000	183 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 124 000	6 220 000	9 006 000	6 220 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	150 000
Total Tangible Assets	2 124 000	6 220 000	9 006 000	6 370 000
Total Fiancial Fixed Assets	3 603 000	1 499 000	1 499 000	1 499 000
Total Fixed Assets	5 727 000	7 719 000	10 506 000	7 869 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	996 000	535 000	284 000	891 000
Total Current Assets	1 021 000	535 000	747 000	900 000
Total Assets	6 748 000	8 254 000	11 253 000	8 770 000
Total Equity	267 000	2 655 000	2 483 000	2 258 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 916 000	5 356 000	8 464 000	5 984 000
Creditors	419 000	33 000	33 000	257 000
Unpaid Taxes	111 000	147 000	161 000	173 000
Dividends	0	0	0	0
Other Current Debt	0	10 000	24 000	24 000
Total Current Debt	565 000	243 000	305 000	528 000
Total Equity and Debt	6 748 000	8 254 000	11 253 000	8 770 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,49 %	6,44 %	9,1 %	8,1 %
Debt-to-Equity Ratio	22,16	2,02	3,41	2,65
Operating Profit Margin	17,13 %	43,9 %	48,07 %	59,02 %
Current Ratio	1,81	2,2	2,45	1,7
Quick Ratio	1,81	2,2	2,45	1,7
Equity Ratio	0,04	0,32	0,22	0,26
Gross Profit Margin	100 %	100 %	100 %	100 %