LK SYSTEMS AS

0579 OSLO

Finances

Share Ownership

Return on Equity

8,28 %

Current Ratio

1,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	86 739 000	84 972 000	68 599 000	79 547 000
Net Income	1 192 000	4 813 000	−4 232 000	3 442 000
Total Assets	41 387 000	49 088 000	38 669 000	34 274 000
Total Equity	14 397 000	13 228 000	8 442 000	12 675 000

Income (NOK)	2022	2021	2020	2019
Revenue	86 739 000	84 972 000	68 599 000	79 547 000
Expenditure	85 019 000	80 319 000	72 623 000	75 818 000
Operating Profit	1 721 000	4 653 000	−4 024 000	3 729 000
Financial Income	784 000	1 315 000	−951 000	485 000
Financial Costs	7 000	5 000	16 000	9 000
Financial Balance	777 000	1 310 000	−967 000	476 000
Earnings Before Tax	2 498 000	5 963 000	−4 991 000	4 205 000
Tax	1 306 000	1 150 000	−759 000	762 000
Net Income	1 192 000	4 813 000	−4 232 000	3 442 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 000	26 000	0	0
Total Current Assets	41 367 000	49 062 000	38 669 000	34 274 000
Total Assets	41 387 000	49 088 000	38 669 000	34 274 000
Total Retained Equity	12 296 000	11 128 000	6 342 000	10 574 000
Total Equity	14 397 000	13 228 000	8 442 000	12 675 000
Total Long-Term Debt	0	23 875 000	18 320 000	8 804 000
Total Current Debt	26 991 000	11 985 000	11 906 000	12 796 000
Total Equity and Debt	41 387 000	49 088 000	38 669 000	34 274 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	86 739 000	84 972 000	68 599 000	79 547 000
Other Income	0	0	0	0
Revenue	86 739 000	84 972 000	68 599 000	79 547 000
Cost of Goods Sold	44 793 000	56 612 000	49 684 000	52 139 000
Salary Costs	20 676 000	15 018 000	14 391 000	14 384 000
Depreciation	6 000	1 000	0	7 000
Impairment	0	0	0	0
Expenditure	85 019 000	80 319 000	72 623 000	75 818 000
Operating Profit	1 721 000	4 653 000	−4 024 000	3 729 000
Financial Income	784 000	1 315 000	−951 000	485 000
Financial Costs	7 000	5 000	16 000	9 000
Financial Balance	777 000	1 310 000	−967 000	476 000
Dividends	0	0	0	0
Net Income	1 192 000	4 813 000	−4 232 000	3 442 000

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	21 000	26 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	21 000	26 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	21 000	26 000	0	0
Stock	2 512 000	4 401 000	3 471 000	4 066 000
Total Investments	0	0	0	0
Cash, Bank	3 935 000	14 283 000	11 060 000	6 587 000
Total Current Assets	41 367 000	49 062 000	38 669 000	34 274 000
Total Assets	41 387 000	49 088 000	38 669 000	34 274 000
Total Equity	14 397 000	13 228 000	8 442 000	12 675 000
Short-Term Group Debt	4 904 000	34 000	0	0
Total Long-Term Debt	0	23 875 000	18 320 000	8 804 000
Creditors	1 671 000	1 106 000	0	0
Unpaid Taxes	3 959 000	2 895 000	958 000	957 000
Dividends	0	0	0	0
Other Current Debt	15 157 000	6 807 000	10 948 000	11 080 000
Total Current Debt	26 991 000	11 985 000	11 906 000	12 796 000
Total Equity and Debt	41 387 000	49 088 000	38 669 000	34 274 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,28 %	36,38 %	−50,13 %	27,16 %
Debt-to-Equity Ratio	0	1,8	2,17	0,69
Operating Profit Margin	1,98 %	5,48 %	−5,87 %	4,69 %
Current Ratio	1,53	4,09	3,25	2,68
Quick Ratio	1,69	6,47	4,58	3,93
Equity Ratio	0,35	0,27	0,22	0,37
Gross Profit Margin	48,36 %	33,38 %	27,57 %	34,46 %