SAMEIET LUNDEHAGEN B 9

4017 STAVANGER

Finances

Share Ownership

Return on Equity

20,7 %

Current Ratio

6,94

Debt-to-Equity Ratio

Key figures (NOK)	2020	2019	2018	2017
Revenue	269 000	197 000	188 000	165 000
Net Income	47 000	34 000	46 000	5 000
Total Assets	261 000	211 000	162 000	112 000
Total Equity	227 000	180 000	126 000	80 000

Income (NOK)	2020	2019	2018	2017
Revenue	269 000	197 000	188 000	165 000
Expenditure	222 000	165 000	144 000	160 000
Operating Profit	46 000	32 000	45 000	4 000
Financial Income	0	2 000	1 000	0
Financial Costs	0	0	0	0
Financial Balance	0	2 000	1 000	0
Earnings Before Tax	46 000	32 000	45 000	4 000
Tax	0	0	0	0
Net Income	47 000	34 000	46 000	5 000

Balance (NOK)	2020	2019	2018	2017
Total Fixed Assets	18 000	20 000	0	0
Total Current Assets	243 000	192 000	162 000	112 000
Total Assets	261 000	211 000	162 000	112 000
Total Retained Equity	227 000	180 000	126 000	80 000
Total Equity	227 000	180 000	126 000	80 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	35 000	32 000	36 000	32 000
Total Equity and Debt	261 000	211 000	162 000	112 000

Cash flow (NOK)	2020	2019	2018	2017
Sales Income	0	0	0	0
Other Income	269 000	197 000	188 000	165 000
Revenue	269 000	197 000	188 000	165 000
Cost of Goods Sold	0	0	0	0
Salary Costs	32 000	29 000	29 000	34 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	222 000	165 000	144 000	160 000
Operating Profit	46 000	32 000	45 000	4 000
Financial Income	0	2 000	1 000	0
Financial Costs	0	0	0	0
Financial Balance	0	2 000	1 000	0
Dividends	0	0	0	0
Net Income	47 000	34 000	46 000	5 000

Balance details (NOK)	2020	2019	2018	2017
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	18 000	20 000	0	0
Total Tangible Assets	18 000	20 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 000	20 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	212 000	163 000	133 000	85 000
Total Current Assets	243 000	192 000	162 000	112 000
Total Assets	261 000	211 000	162 000	112 000
Total Equity	227 000	180 000	126 000	80 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	34 000	30 000	28 000	28 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 000	2 000	8 000	4 000
Total Current Debt	35 000	32 000	36 000	32 000
Total Equity and Debt	261 000	211 000	162 000	112 000

Financial indicators	2020	2019	2018	2017
Return on Equity	20,7 %	18,89 %	36,51 %	6,25 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,1 %	16,24 %	23,94 %	2,42 %
Current Ratio	6,94	6	4,5	3,5
Quick Ratio	6,94	6	4,5	3,5
Equity Ratio	0,87	0,85	0,78	0,71
Gross Profit Margin	100 %	100 %	100 %	100 %