LANDOR LARSEN ELEKTRONIKK AS

4072 RANDABERG

Finances

Share Ownership

Return on Equity

−51,67 %

Current Ratio

1,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 941 000	14 806 000	15 406 000	11 495 000
Net Income	−540 000	138 000	488 000	401 000
Total Assets	2 112 000	4 222 000	3 999 000	4 063 000
Total Equity	1 045 000	1 585 000	1 547 000	1 509 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 941 000	14 806 000	15 406 000	11 495 000
Expenditure	9 469 000	14 624 000	14 778 000	11 021 000
Operating Profit	−528 000	183 000	629 000	474 000
Financial Income	0	0	1 000	38 000
Financial Costs	12 000	6 000	3 000	4 000
Financial Balance	−12 000	−6 000	−2 000	34 000
Earnings Before Tax	−540 000	177 000	627 000	508 000
Tax	0	40 000	139 000	108 000
Net Income	−540 000	138 000	488 000	401 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	402 000	377 000	339 000	260 000
Total Current Assets	1 710 000	3 845 000	3 660 000	3 803 000
Total Assets	2 112 000	4 222 000	3 999 000	4 063 000
Total Retained Equity	−464 000	75 000	38 000	0
Total Equity	1 045 000	1 585 000	1 547 000	1 509 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 067 000	2 638 000	2 452 000	2 554 000
Total Equity and Debt	2 112 000	4 222 000	3 999 000	4 063 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 932 000	14 779 000	15 325 000	11 495 000
Other Income	9 000	28 000	81 000	0
Revenue	8 941 000	14 806 000	15 406 000	11 495 000
Cost of Goods Sold	4 929 000	10 045 000	10 015 000	6 398 000
Salary Costs	3 153 000	3 368 000	3 402 000	3 244 000
Depreciation	36 000	37 000	34 000	8 000
Impairment	0	0	0	0
Expenditure	9 469 000	14 624 000	14 778 000	11 021 000
Operating Profit	−528 000	183 000	629 000	474 000
Financial Income	0	0	1 000	38 000
Financial Costs	12 000	6 000	3 000	4 000
Financial Balance	−12 000	−6 000	−2 000	34 000
Dividends	0	100 000	450 000	600 000
Net Income	−540 000	138 000	488 000	401 000

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	0	0	0	0
Fixtures	15 000	32 000	69 000	38 000
Total Tangible Assets	15 000	32 000	69 000	38 000
Total Fiancial Fixed Assets	387 000	345 000	270 000	222 000
Total Fixed Assets	402 000	377 000	339 000	260 000
Stock	816 000	789 000	842 000	874 000
Total Investments	0	0	0	0
Cash, Bank	195 000	754 000	890 000	1 256 000
Total Current Assets	1 710 000	3 845 000	3 660 000	3 803 000
Total Assets	2 112 000	4 222 000	3 999 000	4 063 000
Total Equity	1 045 000	1 585 000	1 547 000	1 509 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	394 000	1 862 000	1 079 000	1 255 000
Unpaid Taxes	272 000	327 000	358 000	222 000
Dividends	0	100 000	450 000	600 000
Other Current Debt	308 000	309 000	426 000	370 000
Total Current Debt	1 067 000	2 638 000	2 452 000	2 554 000
Total Equity and Debt	2 112 000	4 222 000	3 999 000	4 063 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−51,67 %	8,71 %	31,54 %	26,57 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−5,91 %	1,24 %	4,08 %	4,12 %
Current Ratio	1,6	1,46	1,49	1,49
Quick Ratio	6,81	2,08	2,27	2,26
Equity Ratio	0,49	0,38	0,39	0,37
Gross Profit Margin	44,87 %	32,16 %	34,99 %	44,34 %