LÅSEXPERTEN AS

1414 TROLLÅSEN

Finances

Share Ownership

Return on Equity

68,7 %

Current Ratio

1,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 049 000	10 096 000	8 688 000	6 956 000
Net Income	485 000	466 000	94 000	284 000
Total Assets	2 643 000	2 157 000	1 869 000	1 920 000
Total Equity	706 000	624 000	559 000	465 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 049 000	10 096 000	8 688 000	6 956 000
Expenditure	8 418 000	9 482 000	8 553 000	6 582 000
Operating Profit	631 000	614 000	136 000	375 000
Financial Income	0	0	1 000	1 000
Financial Costs	10 000	17 000	10 000	12 000
Financial Balance	−10 000	−17 000	−9 000	−11 000
Earnings Before Tax	621 000	597 000	126 000	364 000
Tax	137 000	131 000	32 000	81 000
Net Income	485 000	466 000	94 000	284 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	52 000	27 000	32 000	64 000
Total Current Assets	2 590 000	2 131 000	1 838 000	1 856 000
Total Assets	2 643 000	2 157 000	1 869 000	1 920 000
Total Retained Equity	676 000	594 000	529 000	435 000
Total Equity	706 000	624 000	559 000	465 000
Total Long-Term Debt	0	0	0	1 000
Total Current Debt	1 936 000	1 533 000	1 311 000	1 453 000
Total Equity and Debt	2 643 000	2 157 000	1 869 000	1 920 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 049 000	10 096 000	8 688 000	6 956 000
Other Income	0	0	0	0
Revenue	9 049 000	10 096 000	8 688 000	6 956 000
Cost of Goods Sold	3 564 000	4 653 000	3 607 000	2 789 000
Salary Costs	3 816 000	3 703 000	3 935 000	2 707 000
Depreciation	2 000	11 000	13 000	13 000
Impairment	0	0	0	0
Expenditure	8 418 000	9 482 000	8 553 000	6 582 000
Operating Profit	631 000	614 000	136 000	375 000
Financial Income	0	0	1 000	1 000
Financial Costs	10 000	17 000	10 000	12 000
Financial Balance	−10 000	−17 000	−9 000	−11 000
Dividends	0	0	0	273 000
Net Income	485 000	466 000	94 000	284 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	22 000	27 000	1 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	30 000	0	11 000	24 000
Total Tangible Assets	30 000	0	11 000	24 000
Total Fiancial Fixed Assets	0	0	20 000	40 000
Total Fixed Assets	52 000	27 000	32 000	64 000
Stock	141 000	74 000	74 000	74 000
Total Investments	0	0	0	0
Cash, Bank	1 784 000	1 475 000	937 000	437 000
Total Current Assets	2 590 000	2 131 000	1 838 000	1 856 000
Total Assets	2 643 000	2 157 000	1 869 000	1 920 000
Total Equity	706 000	624 000	559 000	465 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	1 000
Creditors	613 000	206 000	276 000	321 000
Unpaid Taxes	789 000	584 000	564 000	502 000
Dividends	0	0	0	273 000
Other Current Debt	402 000	585 000	436 000	273 000
Total Current Debt	1 936 000	1 533 000	1 311 000	1 453 000
Total Equity and Debt	2 643 000	2 157 000	1 869 000	1 920 000

Financial indicators	2022	2021	2020	2019
Return on Equity	68,7 %	74,68 %	16,82 %	61,08 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,97 %	6,08 %	1,57 %	5,39 %
Current Ratio	1,34	1,39	1,4	1,28
Quick Ratio	1,44	1,46	1,49	1,35
Equity Ratio	0,27	0,29	0,3	0,24
Gross Profit Margin	60,61 %	53,91 %	58,48 %	59,91 %