LUND ØSTRE AS

7080 HEIMDAL

Finances

Return on Equity

382,48 %

Current Ratio

6,66

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	24 700 000	41 100 000	0
Net Income	7 378 000	−1 172 000	7 378 000	927 000
Total Assets	2 271 000	5 530 000	22 502 000	63 568 000
Total Equity	1 929 000	5 460 000	22 383 000	57 505 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	24 700 000	41 100 000	0
Expenditure	3 456 000	25 037 000	41 434 000	362 000
Operating Profit	−3 456 000	−337 000	−335 000	−362 000
Financial Income	0	0	7 924 000	1 762 000
Financial Costs	75 000	884 000	182 000	208 000
Financial Balance	−75 000	−884 000	7 742 000	1 554 000
Earnings Before Tax	−3 531 000	−1 222 000	7 408 000	1 191 000
Tax	−30 000	−50 000	30 000	264 000
Net Income	7 378 000	−1 172 000	7 378 000	927 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	75 000	959 000	959 000
Total Current Assets	2 271 000	5 455 000	21 542 000	62 609 000
Total Assets	2 271 000	5 530 000	22 502 000	63 568 000
Total Retained Equity	584 000	4 115 000	21 037 000	56 159 000
Total Equity	1 929 000	5 460 000	22 383 000	57 505 000
Total Long-Term Debt	0	0	50 000	0
Total Current Debt	341 000	70 000	69 000	6 063 000
Total Equity and Debt	2 271 000	5 530 000	22 502 000	63 568 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	24 700 000	41 100 000	0
Other Income	0	0	0	0
Revenue	0	24 700 000	41 100 000	0
Cost of Goods Sold	0	24 700 000	41 100 000	0
Salary Costs	41 000	276 000	276 000	276 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 456 000	25 037 000	41 434 000	362 000
Operating Profit	−3 456 000	−337 000	−335 000	−362 000
Financial Income	0	0	7 924 000	1 762 000
Financial Costs	75 000	884 000	182 000	208 000
Financial Balance	−75 000	−884 000	7 742 000	1 554 000
Dividends	42 500 000	0	42 500 000	0
Net Income	7 378 000	−1 172 000	7 378 000	927 000

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	0	75 000	959 000	959 000
Total Fixed Assets	0	75 000	959 000	959 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	24 000	110 000	373 000	2 000
Total Current Assets	2 271 000	5 455 000	21 542 000	62 609 000
Total Assets	2 271 000	5 530 000	22 502 000	63 568 000
Total Equity	1 929 000	5 460 000	22 383 000	57 505 000
Short-Term Group Debt	0	0	3 000	137 000
Total Long-Term Debt	0	0	50 000	0
Creditors	21 000	−1 000	2 000	19 000
Unpaid Taxes	21 000	41 000	43 000	32 000
Dividends	42 500 000	0	42 500 000	0
Other Current Debt	300 000	30 000	22 000	641 000
Total Current Debt	341 000	70 000	69 000	6 063 000
Total Equity and Debt	2 271 000	5 530 000	22 502 000	63 568 000

Financial indicators	2022	2021	2020	2019
Return on Equity	382,48 %	−21,47 %	32,96 %	1,61 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	−1,36 %	−0,82 %	-
Current Ratio	6,66	77,93	312,2	10,33
Quick Ratio	6,66	77,93	312,2	10,33
Equity Ratio	0,85	0,99	0,99	0,9
Gross Profit Margin	-	0 %	0 %	-