LYNGEN SERVICE AS

9068 NORD-LENANGEN

Finances

Share Ownership

Return on Equity

27,73 %

Current Ratio

2,93

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	784 000	934 000	980 000	948 000
Net Income	89 000	−42 000	−37 000	38 000
Total Assets	559 000	440 000	514 000	613 000
Total Equity	321 000	232 000	274 000	311 000

Income (NOK)	2022	2021	2020	2019
Revenue	784 000	934 000	980 000	948 000
Expenditure	671 000	987 000	1 027 000	894 000
Operating Profit	114 000	−53 000	−47 000	53 000
Financial Income	0	0	0	0
Financial Costs	0	−1 000	0	1 000
Financial Balance	0	1 000	0	−1 000
Earnings Before Tax	114 000	−52 000	−48 000	53 000
Tax	25 000	−10 000	−10 000	15 000
Net Income	89 000	−42 000	−37 000	38 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 000	46 000	34 000	48 000
Total Current Assets	539 000	394 000	480 000	565 000
Total Assets	559 000	440 000	514 000	613 000
Total Retained Equity	299 000	211 000	253 000	290 000
Total Equity	321 000	232 000	274 000	311 000
Total Long-Term Debt	54 000	57 000	13 000	3 000
Total Current Debt	184 000	151 000	227 000	299 000
Total Equity and Debt	559 000	440 000	514 000	613 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	784 000	934 000	976 000	948 000
Other Income	0	0	5 000	0
Revenue	784 000	934 000	980 000	948 000
Cost of Goods Sold	46 000	225 000	62 000	15 000
Salary Costs	334 000	465 000	616 000	663 000
Depreciation	19 000	17 000	14 000	14 000
Impairment	0	0	0	0
Expenditure	671 000	987 000	1 027 000	894 000
Operating Profit	114 000	−53 000	−47 000	53 000
Financial Income	0	0	0	0
Financial Costs	0	−1 000	0	1 000
Financial Balance	0	1 000	0	−1 000
Dividends	0	0	0	0
Net Income	89 000	−42 000	−37 000	38 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	8 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	20 000	38 000	34 000	48 000
Total Tangible Assets	20 000	38 000	34 000	48 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	20 000	46 000	34 000	48 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	374 000	363 000	388 000	413 000
Total Current Assets	539 000	394 000	480 000	565 000
Total Assets	559 000	440 000	514 000	613 000
Total Equity	321 000	232 000	274 000	311 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	54 000	57 000	13 000	3 000
Creditors	4 000	4 000	−6 000	0
Unpaid Taxes	126 000	101 000	165 000	221 000
Dividends	0	0	0	0
Other Current Debt	38 000	47 000	67 000	66 000
Total Current Debt	184 000	151 000	227 000	299 000
Total Equity and Debt	559 000	440 000	514 000	613 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,73 %	−18,1 %	−13,5 %	12,22 %
Debt-to-Equity Ratio	0,17	0,25	0,05	0,01
Operating Profit Margin	14,54 %	−5,67 %	−4,8 %	5,59 %
Current Ratio	2,93	2,61	2,11	1,89
Quick Ratio	2,93	2,61	2,11	1,89
Equity Ratio	0,57	0,53	0,53	0,51
Gross Profit Margin	94,13 %	75,91 %	93,67 %	98,42 %