LINCO MASKINERING AS

4841 ARENDAL

Finances

Share Ownership

Return on Equity

21,12 %

Current Ratio

0,74

Debt-to-Equity Ratio

−0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 604 000	8 288 000	9 402 000	11 270 000
Net Income	−298 000	−1 431 000	−828 000	215 000
Total Assets	3 941 000	3 124 000	3 150 000	2 694 000
Total Equity	−1 411 000	−2 718 000	−1 421 000	−685 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 604 000	8 288 000	9 402 000	11 270 000
Expenditure	11 669 000	9 482 000	10 016 000	10 912 000
Operating Profit	−66 000	−1 194 000	−614 000	358 000
Financial Income	14 000	−10 000	17 000	0
Financial Costs	277 000	265 000	256 000	182 000
Financial Balance	−263 000	−275 000	−239 000	−182 000
Earnings Before Tax	−328 000	−1 469 000	−853 000	176 000
Tax	−30 000	−38 000	−26 000	−39 000
Net Income	−298 000	−1 431 000	−828 000	215 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 000	101 000	171 000	241 000
Total Current Assets	3 901 000	3 023 000	2 979 000	2 453 000
Total Assets	3 941 000	3 124 000	3 150 000	2 694 000
Total Retained Equity	−3 679 000	−3 381 000	−1 949 000	−1 122 000
Total Equity	−1 411 000	−2 718 000	−1 421 000	−685 000
Total Long-Term Debt	99 000	1 583 000	898 000	807 000
Total Current Debt	5 253 000	4 259 000	3 674 000	2 573 000
Total Equity and Debt	3 941 000	3 124 000	3 150 000	2 694 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 604 000	8 288 000	9 402 000	11 270 000
Other Income	0	0	0	0
Revenue	11 604 000	8 288 000	9 402 000	11 270 000
Cost of Goods Sold	6 047 000	2 970 000	3 319 000	4 063 000
Salary Costs	3 588 000	4 442 000	4 955 000	5 107 000
Depreciation	61 000	70 000	70 000	62 000
Impairment	0	0	0	0
Expenditure	11 669 000	9 482 000	10 016 000	10 912 000
Operating Profit	−66 000	−1 194 000	−614 000	358 000
Financial Income	14 000	−10 000	17 000	0
Financial Costs	277 000	265 000	256 000	182 000
Financial Balance	−263 000	−275 000	−239 000	−182 000
Dividends	0	0	0	0
Net Income	−298 000	−1 431 000	−828 000	215 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	18 000	43 000	67 000
Total Intangible Assets	0	18 000	43 000	67 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	40 000	66 000	92 000	118 000
Fixtures	0	16 000	36 000	56 000
Total Tangible Assets	40 000	82 000	128 000	174 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	40 000	101 000	171 000	241 000
Stock	1 523 000	1 138 000	1 241 000	1 071 000
Total Investments	0	0	0	0
Cash, Bank	0	1 000	5 000	5 000
Total Current Assets	3 901 000	3 023 000	2 979 000	2 453 000
Total Assets	3 941 000	3 124 000	3 150 000	2 694 000
Total Equity	−1 411 000	−2 718 000	−1 421 000	−685 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	99 000	1 583 000	898 000	807 000
Creditors	1 772 000	1 153 000	897 000	652 000
Unpaid Taxes	619 000	642 000	565 000	342 000
Dividends	0	0	0	0
Other Current Debt	1 320 000	958 000	1 012 000	737 000
Total Current Debt	5 253 000	4 259 000	3 674 000	2 573 000
Total Equity and Debt	3 941 000	3 124 000	3 150 000	2 694 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,12 %	52,65 %	58,27 %	−31,39 %
Debt-to-Equity Ratio	−0,07	−0,58	−0,63	−1,18
Operating Profit Margin	−0,57 %	−14,41 %	−6,53 %	3,18 %
Current Ratio	0,74	0,71	0,81	0,95
Quick Ratio	1,05	0,97	1,22	1,63
Equity Ratio	−0,36	−0,87	−0,45	−0,25
Gross Profit Margin	47,89 %	64,17 %	64,7 %	63,95 %