LH ENGINEERING AS

4615 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

6,09 %

Current Ratio

5,26

Debt-to-Equity Ratio

0,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	446 000	990 000	1 397 000	1 386 000
Net Income	38 000	106 000	426 000	433 000
Total Assets	1 488 000	982 000	1 444 000	1 150 000
Total Equity	624 000	623 000	1 017 000	591 000

Income (NOK)	2022	2021	2020	2019
Revenue	446 000	990 000	1 397 000	1 386 000
Expenditure	393 000	852 000	847 000	836 000
Operating Profit	52 000	137 000	550 000	551 000
Financial Income	1 000	1 000	4 000	5 000
Financial Costs	4 000	1 000	0	1 000
Financial Balance	−3 000	0	4 000	4 000
Earnings Before Tax	49 000	136 000	554 000	555 000
Tax	11 000	30 000	128 000	122 000
Net Income	38 000	106 000	426 000	433 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	37 000	48 000	58 000
Total Current Assets	1 458 000	945 000	1 396 000	1 092 000
Total Assets	1 488 000	982 000	1 444 000	1 150 000
Total Retained Equity	594 000	593 000	987 000	561 000
Total Equity	624 000	623 000	1 017 000	591 000
Total Long-Term Debt	587 000	0	0	0
Total Current Debt	277 000	359 000	427 000	559 000
Total Equity and Debt	1 488 000	982 000	1 444 000	1 150 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	446 000	990 000	1 397 000	1 386 000
Other Income	0	0	0	0
Revenue	446 000	990 000	1 397 000	1 386 000
Cost of Goods Sold	0	0	0	0
Salary Costs	240 000	767 000	743 000	770 000
Depreciation	7 000	9 000	12 000	15 000
Impairment	0	0	0	0
Expenditure	393 000	852 000	847 000	836 000
Operating Profit	52 000	137 000	550 000	551 000
Financial Income	1 000	1 000	4 000	5 000
Financial Costs	4 000	1 000	0	1 000
Financial Balance	−3 000	0	4 000	4 000
Dividends	0	0	0	0
Net Income	38 000	106 000	426 000	433 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	1 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	30 000	37 000	47 000	58 000
Total Tangible Assets	30 000	37 000	47 000	58 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	30 000	37 000	48 000	58 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 340 000	395 000	1 107 000	799 000
Total Current Assets	1 458 000	945 000	1 396 000	1 092 000
Total Assets	1 488 000	982 000	1 444 000	1 150 000
Total Equity	624 000	623 000	1 017 000	591 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	587 000	0	0	0
Creditors	0	83 000	50 000	50 000
Unpaid Taxes	154 000	111 000	126 000	76 000
Dividends	0	0	0	0
Other Current Debt	124 000	137 000	122 000	311 000
Total Current Debt	277 000	359 000	427 000	559 000
Total Equity and Debt	1 488 000	982 000	1 444 000	1 150 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,09 %	17,01 %	41,89 %	73,27 %
Debt-to-Equity Ratio	0,94	0	0	0
Operating Profit Margin	11,66 %	13,84 %	39,37 %	39,75 %
Current Ratio	5,26	2,63	3,27	1,95
Quick Ratio	5,26	2,63	3,27	1,95
Equity Ratio	0,42	0,63	0,7	0,51
Gross Profit Margin	100 %	100 %	100 %	100 %