LUND OIL AS

3044 DRAMMEN

Finances

Share Ownership

Return on Equity

17,27 %

Current Ratio

0,39

Debt-to-Equity Ratio

9,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 377 000	1 129 000	435 000	213 000
Net Income	268 000	183 000	−287 000	−330 000
Total Assets	21 915 000	22 088 000	24 223 000	21 345 000
Total Equity	1 552 000	1 284 000	1 101 000	1 076 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 377 000	1 129 000	435 000	213 000
Expenditure	361 000	355 000	310 000	286 000
Operating Profit	1 016 000	773 000	125 000	−73 000
Financial Income	0	1 000	1 000	1 000
Financial Costs	673 000	539 000	493 000	351 000
Financial Balance	−673 000	−538 000	−492 000	−350 000
Earnings Before Tax	344 000	235 000	−368 000	−423 000
Tax	76 000	52 000	−81 000	−93 000
Net Income	268 000	183 000	−287 000	−330 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 479 000	19 479 000	19 479 000	15 292 000
Total Current Assets	2 436 000	2 609 000	4 744 000	6 053 000
Total Assets	21 915 000	22 088 000	24 223 000	21 345 000
Total Retained Equity	360 000	92 000	−91 000	196 000
Total Equity	1 552 000	1 284 000	1 101 000	1 076 000
Total Long-Term Debt	14 195 000	14 539 000	15 011 000	12 057 000
Total Current Debt	6 169 000	6 265 000	8 111 000	8 212 000
Total Equity and Debt	21 915 000	22 088 000	24 223 000	21 345 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 000	0	0	0
Other Income	1 348 000	1 129 000	435 000	213 000
Revenue	1 377 000	1 129 000	435 000	213 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	361 000	355 000	310 000	286 000
Operating Profit	1 016 000	773 000	125 000	−73 000
Financial Income	0	1 000	1 000	1 000
Financial Costs	673 000	539 000	493 000	351 000
Financial Balance	−673 000	−538 000	−492 000	−350 000
Dividends	0	0	0	0
Net Income	268 000	183 000	−287 000	−330 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	19 479 000	19 479 000	15 292 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	19 479 000	19 479 000	15 292 000
Total Fiancial Fixed Assets	19 479 000	0	0	0
Total Fixed Assets	19 479 000	19 479 000	19 479 000	15 292 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 422 000	2 203 000	3 337 000	4 583 000
Total Current Assets	2 436 000	2 609 000	4 744 000	6 053 000
Total Assets	21 915 000	22 088 000	24 223 000	21 345 000
Total Equity	1 552 000	1 284 000	1 101 000	1 076 000
Short-Term Group Debt	85 000	85 000	2 085 000	2 085 000
Total Long-Term Debt	14 195 000	14 539 000	15 011 000	12 057 000
Creditors	3 000	7 000	5 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	6 006 000	6 122 000	6 014 000	6 001 000
Total Current Debt	6 169 000	6 265 000	8 111 000	8 212 000
Total Equity and Debt	21 915 000	22 088 000	24 223 000	21 345 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,27 %	14,25 %	−26,07 %	−30,67 %
Debt-to-Equity Ratio	9,15	11,32	13,63	11,21
Operating Profit Margin	73,78 %	68,47 %	28,74 %	−34,27 %
Current Ratio	0,39	0,42	0,58	0,74
Quick Ratio	0,39	0,42	0,58	0,74
Equity Ratio	0,07	0,06	0,05	0,05
Gross Profit Margin	100 %	100 %	100 %	100 %