LKG INNOVATION AS

6260 SKODJE

Finances

Return on Equity

30,19 %

Current Ratio

1,85

Debt-to-Equity Ratio

0,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	332 432 000	267 108 000	217 798 000	181 710 000
Net Income	59 116 000	34 427 000	5 689 000	9 773 000
Total Assets	428 210 000	355 327 000	337 525 000	348 911 000
Total Equity	195 820 000	164 151 000	143 603 000	160 241 000

Income (NOK)	2022	2021	2020	2019
Revenue	332 432 000	267 108 000	217 798 000	181 710 000
Expenditure	235 299 000	218 051 000	204 340 000	176 279 000
Operating Profit	85 333 000	43 997 000	12 617 000	18 808 000
Financial Income	4 701 000	7 449 000	1 129 000	4 187 000
Financial Costs	14 077 000	6 963 000	6 358 000	10 910 000
Financial Balance	−9 376 000	486 000	−5 229 000	−6 723 000
Earnings Before Tax	75 957 000	44 483 000	7 389 000	12 085 000
Tax	16 841 000	10 056 000	1 700 000	2 312 000
Net Income	59 116 000	34 427 000	5 689 000	9 773 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	186 793 000	180 484 000	191 664 000	202 643 000
Total Current Assets	241 417 000	174 843 000	145 861 000	146 268 000
Total Assets	428 210 000	355 327 000	337 525 000	348 911 000
Total Retained Equity	184 020 000	152 756 000	130 980 000	133 587 000
Total Equity	195 820 000	164 151 000	143 603 000	160 241 000
Total Long-Term Debt	101 989 000	108 473 000	100 010 000	104 085 000
Total Current Debt	130 401 000	82 703 000	93 911 000	84 585 000
Total Equity and Debt	428 210 000	355 327 000	337 525 000	348 911 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	329 829 000	263 166 000	217 212 000	177 908 000
Other Income	2 602 000	3 941 000	586 000	3 802 000
Revenue	332 432 000	267 108 000	217 798 000	181 710 000
Cost of Goods Sold	117 716 000	110 018 000	112 240 000	93 699 000
Salary Costs	51 536 000	45 028 000	38 125 000	30 906 000
Depreciation	13 234 000	13 315 000	13 970 000	12 137 000
Impairment	0	0	3 629 000	0
Expenditure	235 299 000	218 051 000	204 340 000	176 279 000
Operating Profit	85 333 000	43 997 000	12 617 000	18 808 000
Financial Income	4 701 000	7 449 000	1 129 000	4 187 000
Financial Costs	14 077 000	6 963 000	6 358 000	10 910 000
Financial Balance	−9 376 000	486 000	−5 229 000	−6 723 000
Dividends	0	0	0	0
Net Income	59 116 000	34 427 000	5 689 000	9 773 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	246 000	246 000	246 000	1 716 000
Real Eastate	50 016 000	68 926 000	69 707 000	64 602 000
Machinery and Plant Facilities	123 818 000	98 616 000	105 576 000	120 469 000
Fixtures	2 173 000	2 441 000	1 704 000	2 028 000
Total Tangible Assets	176 007 000	169 984 000	176 986 000	187 099 000
Total Fiancial Fixed Assets	10 540 000	10 254 000	14 432 000	13 828 000
Total Fixed Assets	186 793 000	180 484 000	191 664 000	202 643 000
Stock	162 366 000	86 993 000	77 729 000	64 548 000
Total Investments	0	0	0	0
Cash, Bank	19 421 000	18 400 000	15 724 000	18 615 000
Total Current Assets	241 417 000	174 843 000	145 861 000	146 268 000
Total Assets	428 210 000	355 327 000	337 525 000	348 911 000
Total Equity	195 820 000	164 151 000	143 603 000	160 241 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	101 989 000	108 473 000	100 010 000	104 085 000
Creditors	34 426 000	38 811 000	30 246 000	20 758 000
Unpaid Taxes	3 835 000	3 935 000	3 638 000	2 621 000
Dividends	0	0	0	0
Other Current Debt	12 740 000	15 119 000	7 911 000	7 580 000
Total Current Debt	130 401 000	82 703 000	93 911 000	84 585 000
Total Equity and Debt	428 210 000	355 327 000	337 525 000	348 911 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,19 %	20,97 %	3,96 %	6,1 %
Debt-to-Equity Ratio	0,52	0,66	0,7	0,65
Operating Profit Margin	25,67 %	16,47 %	5,79 %	10,35 %
Current Ratio	1,85	2,11	1,55	1,73
Quick Ratio	−7,55	−40,76	9,01	7,3
Equity Ratio	0,46	0,46	0,43	0,46
Gross Profit Margin	64,59 %	58,81 %	48,47 %	48,43 %