L-H SERVICE AS

2120 SAGSTUA

Finances

Share Ownership

Return on Equity

25,32 %

Current Ratio

4,71

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020
Revenue	473 000	742 000	169 000
Net Income	156 000	297 000	119 000
Total Assets	835 000	733 000	236 000
Total Equity	616 000	460 000	163 000

Income (NOK)	2022	2021	2020
Revenue	473 000	742 000	169 000
Expenditure	268 000	357 000	19 000
Operating Profit	206 000	386 000	150 000
Financial Income	0	0	0
Financial Costs	5 000	4 000	0
Financial Balance	−5 000	−4 000	0
Earnings Before Tax	201 000	382 000	150 000
Tax	44 000	85 000	32 000
Net Income	156 000	297 000	119 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	284 000	325 000	0
Total Current Assets	551 000	408 000	236 000
Total Assets	835 000	733 000	236 000
Total Retained Equity	572 000	416 000	119 000
Total Equity	616 000	460 000	163 000
Total Long-Term Debt	102 000	129 000	0
Total Current Debt	117 000	143 000	73 000
Total Equity and Debt	835 000	733 000	236 000

Cash flow (NOK)	2022	2021	2020
Sales Income	473 000	742 000	169 000
Other Income	0	0	0
Revenue	473 000	742 000	169 000
Cost of Goods Sold	96 000	236 000	4 000
Salary Costs	3 000	1 000	0
Depreciation	76 000	20 000	0
Impairment	0	0	0
Expenditure	268 000	357 000	19 000
Operating Profit	206 000	386 000	150 000
Financial Income	0	0	0
Financial Costs	5 000	4 000	0
Financial Balance	−5 000	−4 000	0
Dividends	0	0	0
Net Income	156 000	297 000	119 000

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	77 000	61 000	0
Fixtures	207 000	263 000	0
Total Tangible Assets	284 000	325 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	284 000	325 000	0
Stock	14 000	0	0
Total Investments	0	0	0
Cash, Bank	370 000	275 000	213 000
Total Current Assets	551 000	408 000	236 000
Total Assets	835 000	733 000	236 000
Total Equity	616 000	460 000	163 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	102 000	129 000	0
Creditors	33 000	22 000	15 000
Unpaid Taxes	34 000	35 000	26 000
Dividends	0	0	0
Other Current Debt	0	15 000	0
Total Current Debt	117 000	143 000	73 000
Total Equity and Debt	835 000	733 000	236 000

Financial indicators	2022	2021	2020
Return on Equity	25,32 %	64,57 %	73,01 %
Debt-to-Equity Ratio	0,17	0,28	0
Operating Profit Margin	43,55 %	52,02 %	88,76 %
Current Ratio	4,71	2,85	3,23
Quick Ratio	5,35	2,85	3,23
Equity Ratio	0,74	0,63	0,69
Gross Profit Margin	79,7 %	68,19 %	97,63 %