LUNDTECH AS

3970 LANGESUND

Finances

Share Ownership

Return on Equity

34,68 %

Current Ratio

1,94

Debt-to-Equity Ratio

1,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 613 000	2 549 000	541 000	2 353 000
Net Income	869 000	845 000	−498 000	−60 000
Total Assets	7 444 000	7 607 000	6 638 000	7 374 000
Total Equity	2 506 000	1 837 000	1 192 000	1 690 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 613 000	2 549 000	541 000	2 353 000
Expenditure	1 291 000	1 286 000	987 000	2 174 000
Operating Profit	1 321 000	1 263 000	−446 000	179 000
Financial Income	12 000	1 000	4 000	7 000
Financial Costs	218 000	181 000	197 000	257 000
Financial Balance	−206 000	−180 000	−193 000	−250 000
Earnings Before Tax	1 115 000	1 083 000	−639 000	−72 000
Tax	245 000	238 000	−141 000	−12 000
Net Income	869 000	845 000	−498 000	−60 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 684 000	5 810 000	5 935 000	5 810 000
Total Current Assets	1 760 000	1 797 000	703 000	1 564 000
Total Assets	7 444 000	7 607 000	6 638 000	7 374 000
Total Retained Equity	2 406 000	1 737 000	1 092 000	1 590 000
Total Equity	2 506 000	1 837 000	1 192 000	1 690 000
Total Long-Term Debt	4 033 000	4 373 000	4 643 000	4 750 000
Total Current Debt	905 000	1 397 000	803 000	934 000
Total Equity and Debt	7 444 000	7 607 000	6 638 000	7 374 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 319 000	2 250 000	313 000	2 114 000
Other Income	294 000	299 000	228 000	239 000
Revenue	2 613 000	2 549 000	541 000	2 353 000
Cost of Goods Sold	1 000	19 000	0	66 000
Salary Costs	750 000	498 000	443 000	1 346 000
Depreciation	125 000	125 000	159 000	174 000
Impairment	0	0	0	0
Expenditure	1 291 000	1 286 000	987 000	2 174 000
Operating Profit	1 321 000	1 263 000	−446 000	179 000
Financial Income	12 000	1 000	4 000	7 000
Financial Costs	218 000	181 000	197 000	257 000
Financial Balance	−206 000	−180 000	−193 000	−250 000
Dividends	200 000	200 000	0	0
Net Income	869 000	845 000	−498 000	−60 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 600 000	5 683 000	5 766 000	5 599 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	84 000	126 000	168 000	210 000
Total Tangible Assets	5 684 000	5 810 000	5 935 000	5 810 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 684 000	5 810 000	5 935 000	5 810 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 381 000	1 350 000	69 000	1 272 000
Total Current Assets	1 760 000	1 797 000	703 000	1 564 000
Total Assets	7 444 000	7 607 000	6 638 000	7 374 000
Total Equity	2 506 000	1 837 000	1 192 000	1 690 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 033 000	4 373 000	4 643 000	4 750 000
Creditors	18 000	0	19 000	1 000
Unpaid Taxes	172 000	165 000	17 000	261 000
Dividends	200 000	200 000	0	0
Other Current Debt	359 000	759 000	767 000	673 000
Total Current Debt	905 000	1 397 000	803 000	934 000
Total Equity and Debt	7 444 000	7 607 000	6 638 000	7 374 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,68 %	46 %	−41,78 %	−3,55 %
Debt-to-Equity Ratio	1,61	2,38	3,9	2,81
Operating Profit Margin	50,55 %	49,55 %	−82,44 %	7,61 %
Current Ratio	1,94	1,29	0,88	1,67
Quick Ratio	1,94	1,29	0,88	1,67
Equity Ratio	0,34	0,24	0,18	0,23
Gross Profit Margin	99,96 %	99,25 %	100 %	97,2 %