LINNERUD AS

3083 HOLMESTRAND

Finances

Share Ownership

Return on Equity

203,75 %

Current Ratio

0,85

Debt-to-Equity Ratio

1,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 341 000	10 405 000	11 077 000	15 166 000
Net Income	652 000	−810 000	8 000	14 000
Total Assets	3 482 000	3 167 000	3 446 000	2 945 000
Total Equity	320 000	67 000	878 000	870 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 341 000	10 405 000	11 077 000	15 166 000
Expenditure	16 400 000	11 463 000	10 941 000	14 986 000
Operating Profit	941 000	−1 058 000	136 000	181 000
Financial Income	0	44 000	0	0
Financial Costs	99 000	23 000	125 000	155 000
Financial Balance	−99 000	21 000	−125 000	−155 000
Earnings Before Tax	841 000	−1 037 000	11 000	25 000
Tax	189 000	−227 000	3 000	12 000
Net Income	652 000	−810 000	8 000	14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 090 000	1 218 000	750 000	805 000
Total Current Assets	2 392 000	1 949 000	2 697 000	2 140 000
Total Assets	3 482 000	3 167 000	3 446 000	2 945 000
Total Retained Equity	220 000	−33 000	778 000	770 000
Total Equity	320 000	67 000	878 000	870 000
Total Long-Term Debt	355 000	654 000	630 000	99 000
Total Current Debt	2 807 000	2 445 000	1 938 000	1 976 000
Total Equity and Debt	3 482 000	3 167 000	3 446 000	2 945 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 341 000	10 221 000	11 001 000	14 853 000
Other Income	0	184 000	76 000	313 000
Revenue	17 341 000	10 405 000	11 077 000	15 166 000
Cost of Goods Sold	8 018 000	4 587 000	4 202 000	6 709 000
Salary Costs	5 879 000	4 522 000	4 530 000	5 774 000
Depreciation	130 000	131 000	33 000	217 000
Impairment	0	0	0	0
Expenditure	16 400 000	11 463 000	10 941 000	14 986 000
Operating Profit	941 000	−1 058 000	136 000	181 000
Financial Income	0	44 000	0	0
Financial Costs	99 000	23 000	125 000	155 000
Financial Balance	−99 000	21 000	−125 000	−155 000
Dividends	400 000	0	0	0
Net Income	652 000	−810 000	8 000	14 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	15 000	204 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	359 000	517 000	269 000	333 000
Total Tangible Assets	359 000	517 000	269 000	333 000
Total Fiancial Fixed Assets	716 000	497 000	481 000	472 000
Total Fixed Assets	1 090 000	1 218 000	750 000	805 000
Stock	524 000	522 000	505 000	290 000
Total Investments	0	0	0	0
Cash, Bank	1 000	1 000	1 000	0
Total Current Assets	2 392 000	1 949 000	2 697 000	2 140 000
Total Assets	3 482 000	3 167 000	3 446 000	2 945 000
Total Equity	320 000	67 000	878 000	870 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	355 000	654 000	630 000	99 000
Creditors	435 000	447 000	813 000	273 000
Unpaid Taxes	680 000	448 000	522 000	833 000
Dividends	400 000	0	0	0
Other Current Debt	581 000	426 000	503 000	573 000
Total Current Debt	2 807 000	2 445 000	1 938 000	1 976 000
Total Equity and Debt	3 482 000	3 167 000	3 446 000	2 945 000

Financial indicators	2022	2021	2020	2019
Return on Equity	203,75 %	−1 208,96 %	0,91 %	1,61 %
Debt-to-Equity Ratio	1,11	9,76	0,72	0,11
Operating Profit Margin	5,43 %	−10,17 %	1,23 %	1,19 %
Current Ratio	0,85	0,8	1,39	1,08
Quick Ratio	1,05	1,01	1,88	1,27
Equity Ratio	0,09	0,02	0,25	0,3
Gross Profit Margin	53,76 %	55,92 %	62,07 %	55,76 %