LEXIT GROUP NORWAY AS

2040 KLØFTA

Finances

Return on Equity

21,43 %

Current Ratio

1,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	336 837 000	273 011 000	255 993 000	202 222 000
Net Income	15 014 000	16 537 000	10 941 000	6 271 000
Total Assets	162 778 000	122 429 000	102 864 000	88 179 000
Total Equity	70 063 000	61 326 000	44 788 000	35 957 000

Income (NOK)	2022	2021	2020	2019
Revenue	336 837 000	273 011 000	255 993 000	202 222 000
Expenditure	316 921 000	251 784 000	242 052 000	193 564 000
Operating Profit	19 917 000	21 228 000	13 941 000	8 659 000
Financial Income	142 000	11 000	162 000	31 000
Financial Costs	692 000	25 000	6 000	503 000
Financial Balance	−550 000	−14 000	156 000	−472 000
Earnings Before Tax	19 367 000	21 214 000	14 097 000	8 186 000
Tax	4 352 000	4 676 000	3 155 000	1 915 000
Net Income	15 014 000	16 537 000	10 941 000	6 271 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 025 000	9 914 000	9 052 000	10 121 000
Total Current Assets	144 752 000	112 515 000	93 812 000	78 058 000
Total Assets	162 778 000	122 429 000	102 864 000	88 179 000
Total Retained Equity	65 456 000	56 719 000	40 182 000	31 351 000
Total Equity	70 063 000	61 326 000	44 788 000	35 957 000
Total Long-Term Debt	0	0	75 000	183 000
Total Current Debt	92 715 000	61 103 000	58 001 000	52 038 000
Total Equity and Debt	162 778 000	122 429 000	102 864 000	88 179 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	336 661 000	272 887 000	255 916 000	202 144 000
Other Income	176 000	125 000	77 000	78 000
Revenue	336 837 000	273 011 000	255 993 000	202 222 000
Cost of Goods Sold	231 427 000	191 513 000	186 374 000	139 628 000
Salary Costs	55 158 000	43 238 000	39 370 000	37 582 000
Depreciation	5 630 000	3 443 000	3 328 000	2 159 000
Impairment	0	0	0	0
Expenditure	316 921 000	251 784 000	242 052 000	193 564 000
Operating Profit	19 917 000	21 228 000	13 941 000	8 659 000
Financial Income	142 000	11 000	162 000	31 000
Financial Costs	692 000	25 000	6 000	503 000
Financial Balance	−550 000	−14 000	156 000	−472 000
Dividends	0	0	0	0
Net Income	15 014 000	16 537 000	10 941 000	6 271 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 424 000	898 000	587 000	259 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	11 079 000	7 520 000	6 969 000	8 366 000
Total Tangible Assets	11 079 000	7 520 000	6 969 000	8 366 000
Total Fiancial Fixed Assets	5 523 000	1 496 000	1 496 000	1 496 000
Total Fixed Assets	18 025 000	9 914 000	9 052 000	10 121 000
Stock	53 418 000	28 263 000	20 260 000	17 367 000
Total Investments	0	0	0	0
Cash, Bank	2 802 000	2 276 000	3 516 000	1 755 000
Total Current Assets	144 752 000	112 515 000	93 812 000	78 058 000
Total Assets	162 778 000	122 429 000	102 864 000	88 179 000
Total Equity	70 063 000	61 326 000	44 788 000	35 957 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	75 000	183 000
Creditors	41 957 000	24 862 000	25 924 000	24 948 000
Unpaid Taxes	14 722 000	13 980 000	12 843 000	10 081 000
Dividends	0	0	0	0
Other Current Debt	33 256 000	17 274 000	16 345 000	15 231 000
Total Current Debt	92 715 000	61 103 000	58 001 000	52 038 000
Total Equity and Debt	162 778 000	122 429 000	102 864 000	88 179 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,43 %	26,97 %	24,43 %	17,44 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	5,91 %	7,78 %	5,45 %	4,28 %
Current Ratio	1,56	1,84	1,62	1,5
Quick Ratio	3,68	3,43	2,49	2,25
Equity Ratio	0,43	0,5	0,44	0,41
Gross Profit Margin	31,29 %	29,85 %	27,2 %	30,95 %