LPG HORTEN AS

1511 MOSS

Finances

Share Ownership

Return on Equity

34,79 %

Current Ratio

1,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 875 000	1 238 000	1 160 000	1 111 000
Net Income	167 000	114 000	116 000	115 000
Total Assets	991 000	463 000	542 000	686 000
Total Equity	480 000	313 000	369 000	253 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 875 000	1 238 000	1 160 000	1 111 000
Expenditure	1 660 000	1 091 000	998 000	940 000
Operating Profit	215 000	148 000	162 000	171 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	13 000	24 000
Financial Balance	0	−2 000	−13 000	−24 000
Earnings Before Tax	214 000	146 000	149 000	147 000
Tax	47 000	32 000	33 000	32 000
Net Income	167 000	114 000	116 000	115 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	108 000	232 000	370 000	521 000
Total Current Assets	883 000	231 000	172 000	164 000
Total Assets	991 000	463 000	542 000	686 000
Total Retained Equity	450 000	283 000	169 000	53 000
Total Equity	480 000	313 000	369 000	253 000
Total Long-Term Debt	0	7 000	27 000	365 000
Total Current Debt	511 000	143 000	146 000	68 000
Total Equity and Debt	991 000	463 000	542 000	686 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 875 000	1 238 000	1 160 000	1 111 000
Other Income	0	0	0	0
Revenue	1 875 000	1 238 000	1 160 000	1 111 000
Cost of Goods Sold	1 049 000	648 000	652 000	624 000
Salary Costs	163 000	117 000	115 000	80 000
Depreciation	138 000	138 000	151 000	144 000
Impairment	0	0	0	0
Expenditure	1 660 000	1 091 000	998 000	940 000
Operating Profit	215 000	148 000	162 000	171 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	13 000	24 000
Financial Balance	0	−2 000	−13 000	−24 000
Dividends	0	0	0	0
Net Income	167 000	114 000	116 000	115 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	14 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	94 000	232 000	370 000	508 000
Fixtures	0	0	0	13 000
Total Tangible Assets	94 000	232 000	370 000	521 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	108 000	232 000	370 000	521 000
Stock	109 000	133 000	104 000	103 000
Total Investments	0	0	0	0
Cash, Bank	534 000	11 000	60 000	53 000
Total Current Assets	883 000	231 000	172 000	164 000
Total Assets	991 000	463 000	542 000	686 000
Total Equity	480 000	313 000	369 000	253 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	7 000	27 000	365 000
Creditors	170 000	72 000	0	14 000
Unpaid Taxes	25 000	14 000	13 000	16 000
Dividends	0	0	0	0
Other Current Debt	248 000	6 000	113 000	38 000
Total Current Debt	511 000	143 000	146 000	68 000
Total Equity and Debt	991 000	463 000	542 000	686 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,79 %	36,42 %	31,44 %	45,45 %
Debt-to-Equity Ratio	0	0,02	0,07	1,44
Operating Profit Margin	11,47 %	11,95 %	13,97 %	15,39 %
Current Ratio	1,73	1,62	1,18	2,41
Quick Ratio	2,2	23,1	4,1	−4,69
Equity Ratio	0,48	0,68	0,68	0,37
Gross Profit Margin	44,05 %	47,66 %	43,79 %	43,83 %