LMH SERVICE AS

3263 LARVIK

Finances

Share Ownership

Return on Equity

13,51 %

Current Ratio

2,36

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 091 000	2 467 000	2 078 000	1 463 000
Net Income	144 000	299 000	258 000	219 000
Total Assets	1 738 000	1 341 000	900 000	600 000
Total Equity	1 066 000	922 000	614 000	356 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 091 000	2 467 000	2 078 000	1 463 000
Expenditure	1 891 000	2 086 000	1 747 000	1 181 000
Operating Profit	200 000	381 000	331 000	282 000
Financial Income	0	3 000	0	0
Financial Costs	12 000	1 000	0	1 000
Financial Balance	−12 000	2 000	0	−1 000
Earnings Before Tax	188 000	383 000	331 000	281 000
Tax	44 000	84 000	73 000	62 000
Net Income	144 000	299 000	258 000	219 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	154 000	146 000	144 000	147 000
Total Current Assets	1 585 000	1 196 000	756 000	452 000
Total Assets	1 738 000	1 341 000	900 000	600 000
Total Retained Equity	966 000	822 000	514 000	256 000
Total Equity	1 066 000	922 000	614 000	356 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	672 000	419 000	285 000	244 000
Total Equity and Debt	1 738 000	1 341 000	900 000	600 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 085 000	2 467 000	2 078 000	1 463 000
Other Income	6 000	0	0	0
Revenue	2 091 000	2 467 000	2 078 000	1 463 000
Cost of Goods Sold	234 000	402 000	427 000	224 000
Salary Costs	976 000	1 057 000	713 000	648 000
Depreciation	37 000	35 000	36 000	37 000
Impairment	0	0	0	0
Expenditure	1 891 000	2 086 000	1 747 000	1 181 000
Operating Profit	200 000	381 000	331 000	282 000
Financial Income	0	3 000	0	0
Financial Costs	12 000	1 000	0	1 000
Financial Balance	−12 000	2 000	0	−1 000
Dividends	0	0	0	0
Net Income	144 000	299 000	258 000	219 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	21 000	26 000	0	0
Fixtures	127 000	114 000	144 000	147 000
Total Tangible Assets	148 000	140 000	144 000	147 000
Total Fiancial Fixed Assets	6 000	6 000	0	0
Total Fixed Assets	154 000	146 000	144 000	147 000
Stock	15 000	45 000	0	0
Total Investments	106 000	83 000	36 000	1 000
Cash, Bank	884 000	748 000	485 000	311 000
Total Current Assets	1 585 000	1 196 000	756 000	452 000
Total Assets	1 738 000	1 341 000	900 000	600 000
Total Equity	1 066 000	922 000	614 000	356 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	69 000	21 000	−3 000	70 000
Unpaid Taxes	183 000	190 000	152 000	54 000
Dividends	0	0	0	0
Other Current Debt	376 000	125 000	64 000	58 000
Total Current Debt	672 000	419 000	285 000	244 000
Total Equity and Debt	1 738 000	1 341 000	900 000	600 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,51 %	32,43 %	42,02 %	61,52 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,56 %	15,44 %	15,93 %	19,28 %
Current Ratio	2,36	2,85	2,65	1,85
Quick Ratio	2,41	3,2	2,65	1,85
Equity Ratio	0,61	0,69	0,68	0,59
Gross Profit Margin	88,81 %	83,7 %	79,45 %	84,69 %