LMF NORDIC AS

5427 URANGSVÅG

Finances

Share Ownership

Return on Equity

23,97 %

Current Ratio

1,11

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020
Revenue	2 849 000	1 851 000	1 394 000
Net Income	35 000	35 000	46 000
Total Assets	640 000	818 000	780 000
Total Equity	146 000	110 000	76 000

Income (NOK)	2022	2021	2020
Revenue	2 849 000	1 851 000	1 394 000
Expenditure	2 804 000	1 808 000	1 336 000
Operating Profit	45 000	42 000	58 000
Financial Income	2 000	4 000	0
Financial Costs	2 000	2 000	0
Financial Balance	0	2 000	0
Earnings Before Tax	45 000	45 000	58 000
Tax	10 000	10 000	13 000
Net Income	35 000	35 000	46 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	98 000	98 000	85 000
Total Current Assets	542 000	720 000	695 000
Total Assets	640 000	818 000	780 000
Total Retained Equity	116 000	80 000	46 000
Total Equity	146 000	110 000	76 000
Total Long-Term Debt	7 000	7 000	4 000
Total Current Debt	488 000	701 000	700 000
Total Equity and Debt	640 000	818 000	780 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 849 000	1 851 000	1 394 000
Other Income	0	0	0
Revenue	2 849 000	1 851 000	1 394 000
Cost of Goods Sold	2 349 000	1 642 000	1 273 000
Salary Costs	0	0	0
Depreciation	17 000	12 000	0
Impairment	0	0	0
Expenditure	2 804 000	1 808 000	1 336 000
Operating Profit	45 000	42 000	58 000
Financial Income	2 000	4 000	0
Financial Costs	2 000	2 000	0
Financial Balance	0	2 000	0
Dividends	0	0	0
Net Income	35 000	35 000	46 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	21 000	25 000	0
Fixtures	77 000	73 000	85 000
Total Tangible Assets	98 000	98 000	85 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	98 000	98 000	85 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	380 000	433 000	588 000
Total Current Assets	542 000	720 000	695 000
Total Assets	640 000	818 000	780 000
Total Equity	146 000	110 000	76 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	7 000	7 000	4 000
Creditors	193 000	409 000	264 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	285 000	285 000	427 000
Total Current Debt	488 000	701 000	700 000
Total Equity and Debt	640 000	818 000	780 000

Financial indicators	2022	2021	2020
Return on Equity	23,97 %	31,82 %	60,53 %
Debt-to-Equity Ratio	0,05	0,06	0,05
Operating Profit Margin	1,58 %	2,27 %	4,16 %
Current Ratio	1,11	1,03	0,99
Quick Ratio	1,11	1,03	0,99
Equity Ratio	0,23	0,13	0,1
Gross Profit Margin	17,55 %	11,29 %	8,68 %