LH ELEKTRO AS

1940 BJØRKELANGEN

Finances

Share Ownership

Return on Equity

79,38 %

Current Ratio

0,78

Debt-to-Equity Ratio

−0,55

Key figures (NOK)	2022	2021	2020
Revenue	5 904 000	4 496 000	510 000
Net Income	−412 000	123 000	−253 000
Total Assets	1 149 000	1 142 000	572 000
Total Equity	−519 000	−108 000	−230 000

Income (NOK)	2022	2021	2020
Revenue	5 904 000	4 496 000	510 000
Expenditure	6 276 000	4 347 000	754 000
Operating Profit	−373 000	149 000	−245 000
Financial Income	0	0	0
Financial Costs	39 000	27 000	8 000
Financial Balance	−39 000	−27 000	−8 000
Earnings Before Tax	−412 000	123 000	−253 000
Tax	0	0	0
Net Income	−412 000	123 000	−253 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	68 000	70 000	33 000
Total Current Assets	1 081 000	1 072 000	538 000
Total Assets	1 149 000	1 142 000	572 000
Total Retained Equity	−542 000	−130 000	−253 000
Total Equity	−519 000	−108 000	−230 000
Total Long-Term Debt	285 000	385 000	483 000
Total Current Debt	1 383 000	864 000	318 000
Total Equity and Debt	1 149 000	1 142 000	572 000

Cash flow (NOK)	2022	2021	2020
Sales Income	5 903 000	4 496 000	510 000
Other Income	0	0	0
Revenue	5 904 000	4 496 000	510 000
Cost of Goods Sold	2 374 000	1 477 000	234 000
Salary Costs	3 051 000	2 280 000	323 000
Depreciation	41 000	20 000	2 000
Impairment	0	0	0
Expenditure	6 276 000	4 347 000	754 000
Operating Profit	−373 000	149 000	−245 000
Financial Income	0	0	0
Financial Costs	39 000	27 000	8 000
Financial Balance	−39 000	−27 000	−8 000
Dividends	0	0	0
Net Income	−412 000	123 000	−253 000

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	0	0	0
Fixtures	68 000	70 000	33 000
Total Tangible Assets	68 000	70 000	33 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	68 000	70 000	33 000
Stock	103 000	97 000	15 000
Total Investments	0	0	0
Cash, Bank	84 000	360 000	297 000
Total Current Assets	1 081 000	1 072 000	538 000
Total Assets	1 149 000	1 142 000	572 000
Total Equity	−519 000	−108 000	−230 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	285 000	385 000	483 000
Creditors	184 000	210 000	93 000
Unpaid Taxes	429 000	349 000	175 000
Dividends	0	0	0
Other Current Debt	769 000	305 000	51 000
Total Current Debt	1 383 000	864 000	318 000
Total Equity and Debt	1 149 000	1 142 000	572 000

Financial indicators	2022	2021	2020
Return on Equity	79,38 %	−113,89 %	110 %
Debt-to-Equity Ratio	−0,55	−3,56	−2,1
Operating Profit Margin	−6,32 %	3,31 %	−48,04 %
Current Ratio	0,78	1,24	1,69
Quick Ratio	0,84	1,4	1,78
Equity Ratio	−0,45	−0,09	−0,4
Gross Profit Margin	59,79 %	67,15 %	54,12 %