LYNGEN MASKINSTASJON AS

9060 LYNGSEIDET

Finances

Share Ownership

Return on Equity

13,71 %

Current Ratio

3,03

Debt-to-Equity Ratio

−1,6

Key figures (NOK)	2021	2020	2019	2018
Revenue	515 000	2 013 000	1 127 000	6 580 000
Net Income	−299 000	927 000	−1 287 000	−1 132 000
Total Assets	1 697 000	2 237 000	3 541 000	4 474 000
Total Equity	−2 181 000	−1 882 000	−2 810 000	−1 523 000

Income (NOK)	2021	2020	2019	2018
Revenue	515 000	2 013 000	1 127 000	6 580 000
Expenditure	814 000	1 140 000	2 411 000	7 653 000
Operating Profit	−298 000	874 000	−1 284 000	−1 074 000
Financial Income	0	0	0	1 000
Financial Costs	0	−53 000	3 000	59 000
Financial Balance	0	53 000	−3 000	−58 000
Earnings Before Tax	−299 000	927 000	−1 287 000	−1 132 000
Tax	0	0	0	0
Net Income	−299 000	927 000	−1 287 000	−1 132 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	509 000	820 000	1 530 000	2 333 000
Total Current Assets	1 188 000	1 417 000	2 011 000	2 142 000
Total Assets	1 697 000	2 237 000	3 541 000	4 474 000
Total Retained Equity	−5 431 000	−5 132 000	−6 060 000	−4 773 000
Total Equity	−2 181 000	−1 882 000	−2 810 000	−1 523 000
Total Long-Term Debt	3 485 000	3 485 000	3 485 000	3 485 000
Total Current Debt	392 000	634 000	2 865 000	2 512 000
Total Equity and Debt	1 697 000	2 237 000	3 541 000	4 474 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	515 000	1 120 000	944 000	6 405 000
Other Income	0	894 000	183 000	175 000
Revenue	515 000	2 013 000	1 127 000	6 580 000
Cost of Goods Sold	272 000	293 000	69 000	167 000
Salary Costs	83 000	13 000	652 000	3 212 000
Depreciation	311 000	477 000	612 000	816 000
Impairment	0	0	0	0
Expenditure	814 000	1 140 000	2 411 000	7 653 000
Operating Profit	−298 000	874 000	−1 284 000	−1 074 000
Financial Income	0	0	0	1 000
Financial Costs	0	−53 000	3 000	59 000
Financial Balance	0	53 000	−3 000	−58 000
Dividends	0	0	0	0
Net Income	−299 000	927 000	−1 287 000	−1 132 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	330 000	580 000	1 006 000	1 538 000
Fixtures	179 000	241 000	524 000	795 000
Total Tangible Assets	509 000	820 000	1 530 000	2 333 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	509 000	820 000	1 530 000	2 333 000
Stock	0	0	0	0
Total Investments	0	0	10 000	10 000
Cash, Bank	59 000	212 000	338 000	1 729 000
Total Current Assets	1 188 000	1 417 000	2 011 000	2 142 000
Total Assets	1 697 000	2 237 000	3 541 000	4 474 000
Total Equity	−2 181 000	−1 882 000	−2 810 000	−1 523 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 485 000	3 485 000	3 485 000	3 485 000
Creditors	382 000	297 000	1 855 000	1 851 000
Unpaid Taxes	194 000	204 000	845 000	629 000
Dividends	0	0	0	0
Other Current Debt	−184 000	133 000	165 000	32 000
Total Current Debt	392 000	634 000	2 865 000	2 512 000
Total Equity and Debt	1 697 000	2 237 000	3 541 000	4 474 000

Financial indicators	2021	2020	2019	2018
Return on Equity	13,71 %	−49,26 %	45,8 %	74,33 %
Debt-to-Equity Ratio	−1,6	−1,85	−1,24	−2,29
Operating Profit Margin	−57,86 %	43,42 %	−113,93 %	−16,32 %
Current Ratio	3,03	2,24	0,7	0,85
Quick Ratio	3,03	2,24	0,7	0,85
Equity Ratio	−1,29	−0,84	−0,79	−0,34
Gross Profit Margin	47,18 %	85,44 %	93,88 %	97,46 %