LUTELANDET EIGEDOM AS

6964 KORSSUND

Finances

Share Ownership

Return on Equity

0,55 %

Current Ratio

1,25

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 569 000	2 480 000	2 698 000	2 687 000
Net Income	180 000	136 000	1 105 000	878 000
Total Assets	44 591 000	44 830 000	44 817 000	45 735 000
Total Equity	32 766 000	32 586 000	32 450 000	31 346 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 569 000	2 480 000	2 698 000	2 687 000
Expenditure	1 998 000	1 807 000	1 634 000	1 786 000
Operating Profit	571 000	673 000	1 064 000	901 000
Financial Income	99 000	−125 000	494 000	473 000
Financial Costs	490 000	412 000	453 000	495 000
Financial Balance	−391 000	−537 000	41 000	−22 000
Earnings Before Tax	180 000	136 000	1 105 000	878 000
Tax	0	0	0	0
Net Income	180 000	136 000	1 105 000	878 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 047 000	41 199 000	42 322 000	43 549 000
Total Current Assets	4 545 000	3 631 000	2 495 000	2 186 000
Total Assets	44 591 000	44 830 000	44 817 000	45 735 000
Total Retained Equity	−16 734 000	−16 914 000	−17 050 000	−18 154 000
Total Equity	32 766 000	32 586 000	32 450 000	31 346 000
Total Long-Term Debt	8 202 000	8 642 000	9 082 000	9 522 000
Total Current Debt	3 623 000	3 602 000	3 284 000	4 867 000
Total Equity and Debt	44 591 000	44 830 000	44 817 000	45 735 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	2 698 000	2 687 000
Other Income	2 569 000	2 480 000	0	0
Revenue	2 569 000	2 480 000	2 698 000	2 687 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 153 000	1 122 000	1 227 000	1 227 000
Impairment	0	0	0	0
Expenditure	1 998 000	1 807 000	1 634 000	1 786 000
Operating Profit	571 000	673 000	1 064 000	901 000
Financial Income	99 000	−125 000	494 000	473 000
Financial Costs	490 000	412 000	453 000	495 000
Financial Balance	−391 000	−537 000	41 000	−22 000
Dividends	0	0	0	1 500 000
Net Income	180 000	136 000	1 105 000	878 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	40 047 000	41 199 000	42 322 000	43 549 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	40 047 000	41 199 000	42 322 000	43 549 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	40 047 000	41 199 000	42 322 000	43 549 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 653 000	2 514 000	691 000	1 601 000
Total Current Assets	4 545 000	3 631 000	2 495 000	2 186 000
Total Assets	44 591 000	44 830 000	44 817 000	45 735 000
Total Equity	32 766 000	32 586 000	32 450 000	31 346 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 202 000	8 642 000	9 082 000	9 522 000
Creditors	38 000	430 000	15 000	23 000
Unpaid Taxes	0	0	54 000	46 000
Dividends	0	0	0	1 500 000
Other Current Debt	3 586 000	3 172 000	3 215 000	3 298 000
Total Current Debt	3 623 000	3 602 000	3 284 000	4 867 000
Total Equity and Debt	44 591 000	44 830 000	44 817 000	45 735 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,55 %	0,42 %	3,41 %	2,8 %
Debt-to-Equity Ratio	0,25	0,27	0,28	0,3
Operating Profit Margin	22,23 %	27,14 %	39,44 %	33,53 %
Current Ratio	1,25	1,01	0,76	0,45
Quick Ratio	1,25	1,01	0,76	0,45
Equity Ratio	0,73	0,73	0,72	0,69
Gross Profit Margin	100 %	100 %	100 %	100 %