LAX EXPO AS

8764 LOVUND

Finances

Return on Equity

75,4 %

Current Ratio

2,08

Debt-to-Equity Ratio

0,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	62 172 000	41 634 000	63 986 000	37 669 000
Net Income	14 818 000	−2 087 000	6 094 000	1 717 000
Total Assets	58 969 000	53 648 000	41 801 000	59 632 000
Total Equity	19 652 000	10 835 000	15 921 000	9 827 000

Income (NOK)	2022	2021	2020	2019
Revenue	62 172 000	41 634 000	63 986 000	37 669 000
Expenditure	41 869 000	44 797 000	49 845 000	36 054 000
Operating Profit	20 303 000	−3 163 000	14 140 000	1 615 000
Financial Income	108 000	60 000	27 000	6 000
Financial Costs	1 300 000	1 213 000	3 862 000	1 513 000
Financial Balance	−1 192 000	−1 153 000	−3 835 000	−1 507 000
Earnings Before Tax	19 111 000	−4 316 000	10 305 000	108 000
Tax	4 293 000	−2 229 000	4 211 000	−1 610 000
Net Income	14 818 000	−2 087 000	6 094 000	1 717 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 576 000	15 371 000	19 559 000	29 245 000
Total Current Assets	43 393 000	38 277 000	22 241 000	30 387 000
Total Assets	58 969 000	53 648 000	41 801 000	59 632 000
Total Retained Equity	9 543 000	726 000	5 812 000	−282 000
Total Equity	19 652 000	10 835 000	15 921 000	9 827 000
Total Long-Term Debt	18 467 000	17 768 000	22 109 000	22 354 000
Total Current Debt	20 849 000	25 045 000	3 771 000	27 451 000
Total Equity and Debt	58 969 000	53 648 000	41 801 000	59 632 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	62 172 000	41 634 000	63 986 000	37 669 000
Other Income	0	0	0	0
Revenue	62 172 000	41 634 000	63 986 000	37 669 000
Cost of Goods Sold	18 980 000	17 998 000	26 417 000	11 119 000
Salary Costs	0	0	0	0
Depreciation	1 066 000	5 748 000	6 349 000	5 747 000
Impairment	0	0	0	0
Expenditure	41 869 000	44 797 000	49 845 000	36 054 000
Operating Profit	20 303 000	−3 163 000	14 140 000	1 615 000
Financial Income	108 000	60 000	27 000	6 000
Financial Costs	1 300 000	1 213 000	3 862 000	1 513 000
Financial Balance	−1 192 000	−1 153 000	−3 835 000	−1 507 000
Dividends	6 000 000	3 000 000	0	0
Net Income	14 818 000	−2 087 000	6 094 000	1 717 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	163 000	181 000	208 000	4 803 000
Real Eastate	4 077 000	5 064 000	7 220 000	7 947 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	695 000	616 000	4 000 000	6 866 000
Total Tangible Assets	4 772 000	5 680 000	11 220 000	14 813 000
Total Fiancial Fixed Assets	10 641 000	9 510 000	8 131 000	9 630 000
Total Fixed Assets	15 576 000	15 371 000	19 559 000	29 245 000
Stock	23 268 000	17 896 000	15 019 000	16 387 000
Total Investments	0	0	0	0
Cash, Bank	16 897 000	4 430 000	3 903 000	462 000
Total Current Assets	43 393 000	38 277 000	22 241 000	30 387 000
Total Assets	58 969 000	53 648 000	41 801 000	59 632 000
Total Equity	19 652 000	10 835 000	15 921 000	9 827 000
Short-Term Group Debt	1 312 000	0	0	0
Total Long-Term Debt	18 467 000	17 768 000	22 109 000	22 354 000
Creditors	12 695 000	21 300 000	3 771 000	25 406 000
Unpaid Taxes	0	444 000	0	0
Dividends	6 000 000	3 000 000	0	0
Other Current Debt	10 000	302 000	0	0
Total Current Debt	20 849 000	25 045 000	3 771 000	27 451 000
Total Equity and Debt	58 969 000	53 648 000	41 801 000	59 632 000

Financial indicators	2022	2021	2020	2019
Return on Equity	75,4 %	−19,26 %	38,28 %	17,47 %
Debt-to-Equity Ratio	0,94	1,64	1,39	2,27
Operating Profit Margin	32,66 %	−7,6 %	22,1 %	4,29 %
Current Ratio	2,08	1,53	5,9	1,11
Quick Ratio	−17,94	5,35	−1,98	2,75
Equity Ratio	0,33	0,2	0,38	0,16
Gross Profit Margin	69,47 %	56,77 %	58,71 %	70,48 %