LYCON AS

1580 RYGGE

Finances

Share Ownership

Return on Equity

552,82 %

Current Ratio

1,06

Debt-to-Equity Ratio

22,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	34 072 000	2 497 000	1 897 000	2 256 000
Net Income	1 664 000	276 000	65 000	415 000
Total Assets	9 760 000	20 135 000	4 496 000	4 810 000
Total Equity	301 000	200 000	200 000	200 000

Income (NOK)	2022	2021	2020	2019
Revenue	34 072 000	2 497 000	1 897 000	2 256 000
Expenditure	31 892 000	2 146 000	1 820 000	1 733 000
Operating Profit	2 180 000	351 000	78 000	523 000
Financial Income	7 000	3 000	6 000	9 000
Financial Costs	53 000	0	0	0
Financial Balance	−46 000	3 000	6 000	9 000
Earnings Before Tax	2 134 000	354 000	84 000	532 000
Tax	469 000	78 000	18 000	117 000
Net Income	1 664 000	276 000	65 000	415 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 914 000	3 303 000	3 303 000	3 303 000
Total Current Assets	2 845 000	16 832 000	1 193 000	1 507 000
Total Assets	9 760 000	20 135 000	4 496 000	4 810 000
Total Retained Equity	101 000	0	0	0
Total Equity	301 000	200 000	200 000	200 000
Total Long-Term Debt	6 779 000	3 750 000	3 750 000	3 750 000
Total Current Debt	2 680 000	16 185 000	546 000	860 000
Total Equity and Debt	9 760 000	20 135 000	4 496 000	4 810 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	33 944 000	2 363 000	1 767 000	2 477 000
Other Income	128 000	134 000	131 000	−222 000
Revenue	34 072 000	2 497 000	1 897 000	2 256 000
Cost of Goods Sold	29 734 000	424 000	26 000	34 000
Salary Costs	311 000	292 000	255 000	251 000
Depreciation	47 000	0	0	0
Impairment	0	0	0	0
Expenditure	31 892 000	2 146 000	1 820 000	1 733 000
Operating Profit	2 180 000	351 000	78 000	523 000
Financial Income	7 000	3 000	6 000	9 000
Financial Costs	53 000	0	0	0
Financial Balance	−46 000	3 000	6 000	9 000
Dividends	0	0	0	0
Net Income	1 664 000	276 000	65 000	415 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 743 000	3 303 000	3 303 000	3 303 000
Machinery and Plant Facilities	137 000	0	0	0
Fixtures	35 000	0	0	0
Total Tangible Assets	6 914 000	3 303 000	3 303 000	3 303 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 914 000	3 303 000	3 303 000	3 303 000
Stock	0	11 813 000	235 000	0
Total Investments	0	0	0	0
Cash, Bank	1 525 000	729 000	618 000	1 250 000
Total Current Assets	2 845 000	16 832 000	1 193 000	1 507 000
Total Assets	9 760 000	20 135 000	4 496 000	4 810 000
Total Equity	301 000	200 000	200 000	200 000
Short-Term Group Debt	2 004 000	354 000	84 000	532 000
Total Long-Term Debt	6 779 000	3 750 000	3 750 000	3 750 000
Creditors	572 000	938 000	372 000	176 000
Unpaid Taxes	37 000	766 000	29 000	91 000
Dividends	0	0	0	0
Other Current Debt	67 000	14 127 000	61 000	61 000
Total Current Debt	2 680 000	16 185 000	546 000	860 000
Total Equity and Debt	9 760 000	20 135 000	4 496 000	4 810 000

Financial indicators	2022	2021	2020	2019
Return on Equity	552,82 %	138 %	32,5 %	207,5 %
Debt-to-Equity Ratio	22,52	18,75	18,75	18,75
Operating Profit Margin	6,4 %	14,06 %	4,11 %	23,18 %
Current Ratio	1,06	1,04	2,18	1,75
Quick Ratio	1,06	3,85	3,84	1,75
Equity Ratio	0,03	0,01	0,04	0,04
Gross Profit Margin	12,73 %	83,02 %	98,63 %	98,49 %