LHI SOLARWIND HYDRO KULU 2642 AS

0273 OSLO

Finances

Share Ownership

Return on Equity

27,19 %

Current Ratio

2,25

Debt-to-Equity Ratio

1,22

Key figures (EUR)	2022	2021	2020	2019
Revenue	1 017 000	289 000	67 000	363 000
Net Income	513 000	143 000	−159 000	168 000
Total Assets	4 740 000	3 992 000	3 685 000	3 959 000
Total Equity	1 887 000	1 649 000	1 378 000	1 537 000

Income (EUR)	2022	2021	2020	2019
Revenue	1 017 000	289 000	67 000	363 000
Expenditure	356 000	163 000	171 000	186 000
Operating Profit	660 000	127 000	−104 000	177 000
Financial Income	1 000	38 000	−31 000	13 000
Financial Costs	53 000	22 000	24 000	22 000
Financial Balance	−52 000	16 000	−55 000	−9 000
Earnings Before Tax	608 000	143 000	−159 000	168 000
Tax	95 000	0	0	0
Net Income	513 000	143 000	−159 000	168 000

Balance (EUR)	2022	2021	2020	2019
Total Fixed Assets	3 484 000	2 793 000	2 725 000	2 810 000
Total Current Assets	1 256 000	1 199 000	960 000	1 150 000
Total Assets	4 740 000	3 992 000	3 685 000	3 959 000
Total Retained Equity	712 000	474 000	203 000	362 000
Total Equity	1 887 000	1 649 000	1 378 000	1 537 000
Total Long-Term Debt	2 296 000	2 272 000	2 272 000	2 372 000
Total Current Debt	558 000	71 000	35 000	50 000
Total Equity and Debt	4 740 000	3 992 000	3 685 000	3 959 000

Cash flow (EUR)	2022	2021	2020	2019
Sales Income	1 017 000	289 000	67 000	363 000
Other Income	0	0	0	0
Revenue	1 017 000	289 000	67 000	363 000
Cost of Goods Sold	0	6 000	13 000	1 000
Salary Costs	0	0	0	0
Depreciation	59 000	59 000	85 000	78 000
Impairment	0	0	0	0
Expenditure	356 000	163 000	171 000	186 000
Operating Profit	660 000	127 000	−104 000	177 000
Financial Income	1 000	38 000	−31 000	13 000
Financial Costs	53 000	22 000	24 000	22 000
Financial Balance	−52 000	16 000	−55 000	−9 000
Dividends	0	0	0	0
Net Income	513 000	143 000	−159 000	168 000

Balance details (EUR)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	18 000	18 000	18 000	18 000
Real Eastate	1 857 000	2 775 000	2 707 000	0
Machinery and Plant Facilities	859 000	0	0	2 791 000
Fixtures	0	0	0	0
Total Tangible Assets	2 716 000	2 775 000	2 707 000	2 791 000
Total Fiancial Fixed Assets	750 000	0	0	0
Total Fixed Assets	3 484 000	2 793 000	2 725 000	2 810 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	553 000	415 000	144 000	199 000
Total Current Assets	1 256 000	1 199 000	960 000	1 150 000
Total Assets	4 740 000	3 992 000	3 685 000	3 959 000
Total Equity	1 887 000	1 649 000	1 378 000	1 537 000
Short-Term Group Debt	0	20 000	5 000	0
Total Long-Term Debt	2 296 000	2 272 000	2 272 000	2 372 000
Creditors	13 000	4 000	27 000	32 000
Unpaid Taxes	40 000	18 000	0	7 000
Dividends	0	0	0	0
Other Current Debt	152 000	29 000	3 000	11 000
Total Current Debt	558 000	71 000	35 000	50 000
Total Equity and Debt	4 740 000	3 992 000	3 685 000	3 959 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,19 %	8,67 %	−11,54 %	10,93 %
Debt-to-Equity Ratio	1,22	1,38	1,65	1,54
Operating Profit Margin	64,9 %	43,94 %	−155,22 %	48,76 %
Current Ratio	2,25	16,89	27,43	23
Quick Ratio	2,25	16,89	27,43	23
Equity Ratio	0,4	0,41	0,37	0,39
Gross Profit Margin	100 %	97,92 %	80,6 %	99,72 %