LIPPE AS

1252 OSLO

Finances

Return on Equity

19,95 %

Current Ratio

2,72

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 136 000	12 917 000	11 870 000	14 244 000
Net Income	1 217 000	359 000	701 000	1 151 000
Total Assets	9 381 000	6 979 000	8 919 000	10 809 000
Total Equity	6 100 000	4 883 000	4 524 000	5 824 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 136 000	12 917 000	11 870 000	14 244 000
Expenditure	14 464 000	12 406 000	10 957 000	12 036 000
Operating Profit	1 671 000	512 000	913 000	1 597 000
Financial Income	35 000	57 000	52 000	30 000
Financial Costs	121 000	69 000	44 000	120 000
Financial Balance	−86 000	−12 000	8 000	−90 000
Earnings Before Tax	1 585 000	499 000	921 000	1 507 000
Tax	368 000	140 000	220 000	356 000
Net Income	1 217 000	359 000	701 000	1 151 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	472 000	429 000	728 000	751 000
Total Current Assets	8 909 000	6 550 000	8 191 000	10 058 000
Total Assets	9 381 000	6 979 000	8 919 000	10 809 000
Total Retained Equity	5 900 000	4 683 000	4 324 000	5 624 000
Total Equity	6 100 000	4 883 000	4 524 000	5 824 000
Total Long-Term Debt	0	79 000	268 000	456 000
Total Current Debt	3 281 000	2 016 000	4 126 000	4 529 000
Total Equity and Debt	9 381 000	6 979 000	8 919 000	10 809 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 022 000	12 806 000	11 791 000	14 152 000
Other Income	113 000	111 000	79 000	92 000
Revenue	16 136 000	12 917 000	11 870 000	14 244 000
Cost of Goods Sold	7 494 000	5 010 000	4 665 000	4 840 000
Salary Costs	3 572 000	3 301 000	2 662 000	4 125 000
Depreciation	271 000	302 000	279 000	334 000
Impairment	0	0	0	0
Expenditure	14 464 000	12 406 000	10 957 000	12 036 000
Operating Profit	1 671 000	512 000	913 000	1 597 000
Financial Income	35 000	57 000	52 000	30 000
Financial Costs	121 000	69 000	44 000	120 000
Financial Balance	−86 000	−12 000	8 000	−90 000
Dividends	0	0	2 000 000	2 000 000
Net Income	1 217 000	359 000	701 000	1 151 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	193 000	0	0	0
Total Intangible Assets	227 000	74 000	114 000	0
Real Eastate	0	0	28 000	0
Machinery and Plant Facilities	169 000	182 000	151 000	24 000
Fixtures	61 000	157 000	404 000	727 000
Total Tangible Assets	230 000	339 000	584 000	751 000
Total Fiancial Fixed Assets	15 000	15 000	30 000	0
Total Fixed Assets	472 000	429 000	728 000	751 000
Stock	2 994 000	3 469 000	3 067 000	2 962 000
Total Investments	0	0	0	0
Cash, Bank	4 273 000	2 238 000	4 415 000	6 386 000
Total Current Assets	8 909 000	6 550 000	8 191 000	10 058 000
Total Assets	9 381 000	6 979 000	8 919 000	10 809 000
Total Equity	6 100 000	4 883 000	4 524 000	5 824 000
Short-Term Group Debt	0	0	0	14 000
Total Long-Term Debt	0	79 000	268 000	456 000
Creditors	1 399 000	824 000	943 000	1 094 000
Unpaid Taxes	839 000	497 000	457 000	708 000
Dividends	0	0	2 000 000	2 000 000
Other Current Debt	674 000	556 000	506 000	351 000
Total Current Debt	3 281 000	2 016 000	4 126 000	4 529 000
Total Equity and Debt	9 381 000	6 979 000	8 919 000	10 809 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,95 %	7,35 %	15,5 %	19,76 %
Debt-to-Equity Ratio	0	0,02	0,06	0,08
Operating Profit Margin	10,36 %	3,96 %	7,69 %	11,21 %
Current Ratio	2,72	3,25	1,99	2,22
Quick Ratio	31,04	−4,51	7,73	6,42
Equity Ratio	0,65	0,7	0,51	0,54
Gross Profit Margin	53,56 %	61,21 %	60,7 %	66,02 %