BEST OF LYNGEN AS

9060 LYNGSEIDET

Finances

Return on Equity

39,81 %

Current Ratio

8,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	269 000	82 000	197 000	80 000
Net Income	168 000	51 000	164 000	−44 000
Total Assets	471 000	322 000	273 000	165 000
Total Equity	422 000	254 000	203 000	40 000

Income (NOK)	2022	2021	2020	2019
Revenue	269 000	82 000	197 000	80 000
Expenditure	54 000	20 000	20 000	115 000
Operating Profit	215 000	62 000	177 000	−35 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	9 000
Financial Balance	0	0	−1 000	−9 000
Earnings Before Tax	215 000	62 000	176 000	−44 000
Tax	47 000	11 000	12 000	0
Net Income	168 000	51 000	164 000	−44 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 000	40 000	40 000	40 000
Total Current Assets	431 000	282 000	233 000	125 000
Total Assets	471 000	322 000	273 000	165 000
Total Retained Equity	254 000	86 000	35 000	−128 000
Total Equity	422 000	254 000	203 000	40 000
Total Long-Term Debt	0	0	0	61 000
Total Current Debt	49 000	68 000	69 000	64 000
Total Equity and Debt	471 000	322 000	273 000	165 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	212 000	82 000	197 000	44 000
Other Income	57 000	0	0	35 000
Revenue	269 000	82 000	197 000	80 000
Cost of Goods Sold	0	0	0	9 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	3 000
Impairment	0	0	0	20 000
Expenditure	54 000	20 000	20 000	115 000
Operating Profit	215 000	62 000	177 000	−35 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	9 000
Financial Balance	0	0	−1 000	−9 000
Dividends	0	0	0	0
Net Income	168 000	51 000	164 000	−44 000

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	40 000	40 000	40 000	40 000
Total Fixed Assets	40 000	40 000	40 000	40 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	429 000	272 000	226 000	10 000
Total Current Assets	431 000	282 000	233 000	125 000
Total Assets	471 000	322 000	273 000	165 000
Total Equity	422 000	254 000	203 000	40 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	61 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 000	57 000	57 000	64 000
Total Current Debt	49 000	68 000	69 000	64 000
Total Equity and Debt	471 000	322 000	273 000	165 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,81 %	20,08 %	80,79 %	−110 %
Debt-to-Equity Ratio	0	0	0	1,53
Operating Profit Margin	79,93 %	75,61 %	89,85 %	−43,75 %
Current Ratio	8,8	4,15	3,38	1,95
Quick Ratio	8,8	4,15	3,38	1,95
Equity Ratio	0,9	0,79	0,74	0,24
Gross Profit Margin	100 %	100 %	100 %	88,75 %