LÅSMANNEN AS

4514 MANDAL

Finances

Share Ownership

Return on Equity

27,84 %

Current Ratio

1,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 527 000	3 363 000	1 176 000	177 000
Net Income	76 000	64 000	68 000	40 000
Total Assets	1 077 000	860 000	364 000	72 000
Total Equity	273 000	197 000	133 000	64 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 527 000	3 363 000	1 176 000	177 000
Expenditure	4 418 000	3 278 000	1 088 000	137 000
Operating Profit	109 000	85 000	88 000	40 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	109 000	84 000	88 000	40 000
Tax	33 000	20 000	19 000	0
Net Income	76 000	64 000	68 000	40 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 000	0	0	0
Total Current Assets	1 052 000	860 000	364 000	72 000
Total Assets	1 077 000	860 000	364 000	72 000
Total Retained Equity	243 000	173 000	108 000	40 000
Total Equity	273 000	197 000	133 000	64 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	804 000	663 000	231 000	8 000
Total Equity and Debt	1 077 000	860 000	364 000	72 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 527 000	3 363 000	1 176 000	177 000
Other Income	0	0	0	0
Revenue	4 527 000	3 363 000	1 176 000	177 000
Cost of Goods Sold	2 793 000	1 696 000	625 000	96 000
Salary Costs	984 000	1 200 000	345 000	0
Depreciation	3 000	0	0	0
Impairment	0	0	0	0
Expenditure	4 418 000	3 278 000	1 088 000	137 000
Operating Profit	109 000	85 000	88 000	40 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	76 000	64 000	68 000	40 000

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	25 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	25 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	25 000	0	0	0
Stock	472 000	413 000	0	0
Total Investments	0	0	0	0
Cash, Bank	283 000	254 000	262 000	56 000
Total Current Assets	1 052 000	860 000	364 000	72 000
Total Assets	1 077 000	860 000	364 000	72 000
Total Equity	273 000	197 000	133 000	64 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	499 000	370 000	50 000	17 000
Unpaid Taxes	88 000	149 000	124 000	−9 000
Dividends	0	0	0	0
Other Current Debt	184 000	123 000	38 000	0
Total Current Debt	804 000	663 000	231 000	8 000
Total Equity and Debt	1 077 000	860 000	364 000	72 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,84 %	32,49 %	51,13 %	62,5 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,41 %	2,53 %	7,48 %	22,6 %
Current Ratio	1,31	1,3	1,58	9
Quick Ratio	3,17	3,44	1,58	9
Equity Ratio	0,25	0,23	0,37	0,89
Gross Profit Margin	38,3 %	49,57 %	46,85 %	45,76 %