LINDESNES HYTTESERVICE AS

4520 LINDESNES

Finances

Return on Equity

14,67 %

Current Ratio

5,22

Debt-to-Equity Ratio

2,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 052 000	2 201 000	3 417 000	2 651 000
Net Income	146 000	65 000	980 000	14 000
Total Assets	3 964 000	4 796 000	4 955 000	6 368 000
Total Equity	995 000	1 597 000	1 532 000	552 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 052 000	2 201 000	3 417 000	2 651 000
Expenditure	2 640 000	2 003 000	2 087 000	2 384 000
Operating Profit	412 000	199 000	1 330 000	267 000
Financial Income	2 000	0	0	0
Financial Costs	143 000	107 000	206 000	253 000
Financial Balance	−141 000	−107 000	−206 000	−253 000
Earnings Before Tax	271 000	92 000	1 124 000	14 000
Tax	126 000	27 000	144 000	0
Net Income	146 000	65 000	980 000	14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 548 000	3 814 000	4 028 000	5 424 000
Total Current Assets	1 415 000	982 000	927 000	943 000
Total Assets	3 964 000	4 796 000	4 955 000	6 368 000
Total Retained Equity	895 000	1 397 000	1 332 000	352 000
Total Equity	995 000	1 597 000	1 532 000	552 000
Total Long-Term Debt	2 698 000	2 867 000	3 105 000	5 336 000
Total Current Debt	271 000	333 000	319 000	480 000
Total Equity and Debt	3 964 000	4 796 000	4 955 000	6 368 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 107 000	1 763 000	1 507 000	1 730 000
Other Income	946 000	438 000	1 910 000	920 000
Revenue	3 052 000	2 201 000	3 417 000	2 651 000
Cost of Goods Sold	1 113 000	715 000	739 000	803 000
Salary Costs	770 000	515 000	501 000	651 000
Depreciation	105 000	241 000	251 000	279 000
Impairment	0	0	0	0
Expenditure	2 640 000	2 003 000	2 087 000	2 384 000
Operating Profit	412 000	199 000	1 330 000	267 000
Financial Income	2 000	0	0	0
Financial Costs	143 000	107 000	206 000	253 000
Financial Balance	−141 000	−107 000	−206 000	−253 000
Dividends	0	0	0	0
Net Income	146 000	65 000	980 000	14 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	27 000	0	0
Real Eastate	2 548 000	3 610 000	3 843 000	5 222 000
Machinery and Plant Facilities	0	0	6 000	15 000
Fixtures	0	0	1 000	10 000
Total Tangible Assets	2 548 000	3 610 000	3 851 000	5 247 000
Total Fiancial Fixed Assets	0	178 000	178 000	178 000
Total Fixed Assets	2 548 000	3 814 000	4 028 000	5 424 000
Stock	228 000	480 000	506 000	619 000
Total Investments	0	0	0	0
Cash, Bank	360 000	427 000	313 000	234 000
Total Current Assets	1 415 000	982 000	927 000	943 000
Total Assets	3 964 000	4 796 000	4 955 000	6 368 000
Total Equity	995 000	1 597 000	1 532 000	552 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 698 000	2 867 000	3 105 000	5 336 000
Creditors	31 000	129 000	25 000	93 000
Unpaid Taxes	50 000	42 000	72 000	71 000
Dividends	0	0	0	0
Other Current Debt	88 000	74 000	113 000	316 000
Total Current Debt	271 000	333 000	319 000	480 000
Total Equity and Debt	3 964 000	4 796 000	4 955 000	6 368 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,67 %	4,07 %	63,97 %	2,54 %
Debt-to-Equity Ratio	2,71	1,8	2,03	9,67
Operating Profit Margin	13,5 %	9,04 %	38,92 %	10,07 %
Current Ratio	5,22	2,95	2,91	1,96
Quick Ratio	32,91	−6,68	−4,96	−6,78
Equity Ratio	0,25	0,33	0,31	0,09
Gross Profit Margin	63,53 %	67,51 %	78,37 %	69,71 %