LONO MEKANISKE AS

5760 RØLDAL

Finances

Share Ownership

Return on Equity

39,31 %

Current Ratio

2,31

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020
Revenue	1 813 000	1 368 000	1 360 000
Net Income	465 000	229 000	464 000
Total Assets	1 692 000	1 413 000	795 000
Total Equity	1 183 000	718 000	489 000

Income (NOK)	2022	2021	2020
Revenue	1 813 000	1 368 000	1 360 000
Expenditure	1 220 000	1 075 000	766 000
Operating Profit	593 000	293 000	594 000
Financial Income	3 000	1 000	0
Financial Costs	0	0	0
Financial Balance	3 000	1 000	0
Earnings Before Tax	596 000	294 000	594 000
Tax	131 000	65 000	129 000
Net Income	465 000	229 000	464 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	580 000	706 000	0
Total Current Assets	1 112 000	708 000	795 000
Total Assets	1 692 000	1 413 000	795 000
Total Retained Equity	1 159 000	694 000	464 000
Total Equity	1 183 000	718 000	489 000
Total Long-Term Debt	26 000	28 000	0
Total Current Debt	482 000	667 000	307 000
Total Equity and Debt	1 692 000	1 413 000	795 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 813 000	1 368 000	1 360 000
Other Income	0	0	0
Revenue	1 813 000	1 368 000	1 360 000
Cost of Goods Sold	259 000	222 000	169 000
Salary Costs	404 000	600 000	460 000
Depreciation	153 000	53 000	0
Impairment	0	0	0
Expenditure	1 220 000	1 075 000	766 000
Operating Profit	593 000	293 000	594 000
Financial Income	3 000	1 000	0
Financial Costs	0	0	0
Financial Balance	3 000	1 000	0
Dividends	0	0	0
Net Income	465 000	229 000	464 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	580 000	706 000	0
Total Tangible Assets	580 000	706 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	580 000	706 000	0
Stock	0	0	5 000
Total Investments	0	0	0
Cash, Bank	542 000	566 000	489 000
Total Current Assets	1 112 000	708 000	795 000
Total Assets	1 692 000	1 413 000	795 000
Total Equity	1 183 000	718 000	489 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	26 000	28 000	0
Creditors	215 000	670 000	31 000
Unpaid Taxes	100 000	−95 000	103 000
Dividends	0	0	0
Other Current Debt	34 000	55 000	43 000
Total Current Debt	482 000	667 000	307 000
Total Equity and Debt	1 692 000	1 413 000	795 000

Financial indicators	2022	2021	2020
Return on Equity	39,31 %	31,89 %	94,89 %
Debt-to-Equity Ratio	0,02	0,04	0
Operating Profit Margin	32,71 %	21,42 %	43,68 %
Current Ratio	2,31	1,06	2,59
Quick Ratio	2,31	1,06	2,63
Equity Ratio	0,7	0,51	0,62
Gross Profit Margin	85,71 %	83,77 %	87,57 %