LKN SYSTEMS AS

3086 HOLMESTRAND

Finances

Return on Equity

90,19 %

Current Ratio

2,69

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	24 000
Net Income	3 374 000	475 000	−27 000	0
Total Assets	4 666 000	782 000	539 000	543 000
Total Equity	3 741 000	368 000	292 000	320 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	24 000
Expenditure	16 000	35 000	17 000	14 000
Operating Profit	−16 000	−35 000	−17 000	10 000
Financial Income	3 390 000	511 000	0	0
Financial Costs	0	0	10 000	10 000
Financial Balance	3 390 000	511 000	−10 000	−10 000
Earnings Before Tax	3 374 000	475 000	−27 000	0
Tax	0	0	0	0
Net Income	3 374 000	475 000	−27 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 524 000	455 000	455 000	455 000
Total Current Assets	1 142 000	327 000	84 000	88 000
Total Assets	4 666 000	782 000	539 000	543 000
Total Retained Equity	3 624 000	250 000	175 000	202 000
Total Equity	3 741 000	368 000	292 000	320 000
Total Long-Term Debt	500 000	0	0	0
Total Current Debt	424 000	414 000	246 000	223 000
Total Equity and Debt	4 666 000	782 000	539 000	543 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	54 000	0
Other Income	0	0	−54 000	24 000
Revenue	0	0	0	24 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	16 000	35 000	17 000	14 000
Operating Profit	−16 000	−35 000	−17 000	10 000
Financial Income	3 390 000	511 000	0	0
Financial Costs	0	0	10 000	10 000
Financial Balance	3 390 000	511 000	−10 000	−10 000
Dividends	0	400 000	0	0
Net Income	3 374 000	475 000	−27 000	0

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	3 524 000	455 000	455 000	455 000
Total Fixed Assets	3 524 000	455 000	455 000	455 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	326 000	327 000	84 000	30 000
Total Current Assets	1 142 000	327 000	84 000	88 000
Total Assets	4 666 000	782 000	539 000	543 000
Total Equity	3 741 000	368 000	292 000	320 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	500 000	0	0	0
Creditors	10 000	1 000	5 000	1 000
Unpaid Taxes	0	0	9 000	0
Dividends	0	400 000	0	0
Other Current Debt	415 000	13 000	232 000	222 000
Total Current Debt	424 000	414 000	246 000	223 000
Total Equity and Debt	4 666 000	782 000	539 000	543 000

Financial indicators	2022	2021	2020	2019
Return on Equity	90,19 %	129,08 %	−9,25 %	0 %
Debt-to-Equity Ratio	0,13	0	0	0
Operating Profit Margin	-	-	-	41,67 %
Current Ratio	2,69	0,79	0,34	0,39
Quick Ratio	2,69	0,79	0,34	0,39
Equity Ratio	0,8	0,47	0,54	0,59
Gross Profit Margin	-	-	-	100 %