LSI WELDING AS

3074 SANDE I VESTFOLD

Finances

Share Ownership

Return on Equity

45,44 %

Current Ratio

1,54

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 705 000	12 968 000	11 543 000	12 779 000
Net Income	886 000	1 027 000	778 000	503 000
Total Assets	4 851 000	4 772 000	5 179 000	5 641 000
Total Equity	1 950 000	1 864 000	3 022 000	2 244 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 705 000	12 968 000	11 543 000	12 779 000
Expenditure	12 557 000	11 464 000	11 823 000	12 118 000
Operating Profit	1 148 000	1 505 000	−280 000	661 000
Financial Income	1 000	59 000	1 016 000	2 000
Financial Costs	8 000	205 000	21 000	14 000
Financial Balance	−7 000	−146 000	995 000	−12 000
Earnings Before Tax	1 141 000	1 359 000	715 000	648 000
Tax	254 000	332 000	−62 000	146 000
Net Income	886 000	1 027 000	778 000	503 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	550 000	690 000	1 086 000	1 782 000
Total Current Assets	4 301 000	4 083 000	4 093 000	3 464 000
Total Assets	4 851 000	4 772 000	5 179 000	5 641 000
Total Retained Equity	725 000	639 000	1 797 000	1 019 000
Total Equity	1 950 000	1 864 000	3 022 000	2 244 000
Total Long-Term Debt	107 000	192 000	0	0
Total Current Debt	2 794 000	2 716 000	2 157 000	3 397 000
Total Equity and Debt	4 851 000	4 772 000	5 179 000	5 641 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 705 000	12 968 000	11 543 000	12 779 000
Other Income	0	0	0	0
Revenue	13 705 000	12 968 000	11 543 000	12 779 000
Cost of Goods Sold	3 810 000	3 078 000	2 362 000	2 396 000
Salary Costs	6 844 000	6 675 000	7 826 000	7 560 000
Depreciation	203 000	209 000	213 000	203 000
Impairment	0	0	0	0
Expenditure	12 557 000	11 464 000	11 823 000	12 118 000
Operating Profit	1 148 000	1 505 000	−280 000	661 000
Financial Income	1 000	59 000	1 016 000	2 000
Financial Costs	8 000	205 000	21 000	14 000
Financial Balance	−7 000	−146 000	995 000	−12 000
Dividends	78 000	500 000	0	500 000
Net Income	886 000	1 027 000	778 000	503 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	188 000	126 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	550 000	690 000	899 000	1 047 000
Total Tangible Assets	550 000	690 000	899 000	1 047 000
Total Fiancial Fixed Assets	0	0	0	610 000
Total Fixed Assets	550 000	690 000	1 086 000	1 782 000
Stock	227 000	149 000	145 000	150 000
Total Investments	0	0	0	0
Cash, Bank	2 653 000	2 669 000	2 431 000	1 859 000
Total Current Assets	4 301 000	4 083 000	4 093 000	3 464 000
Total Assets	4 851 000	4 772 000	5 179 000	5 641 000
Total Equity	1 950 000	1 864 000	3 022 000	2 244 000
Short-Term Group Debt	722 000	201 000	109 000	614 000
Total Long-Term Debt	107 000	192 000	0	0
Creditors	421 000	134 000	255 000	160 000
Unpaid Taxes	671 000	997 000	682 000	988 000
Dividends	78 000	500 000	0	500 000
Other Current Debt	634 000	763 000	872 000	827 000
Total Current Debt	2 794 000	2 716 000	2 157 000	3 397 000
Total Equity and Debt	4 851 000	4 772 000	5 179 000	5 641 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,44 %	55,1 %	25,74 %	22,42 %
Debt-to-Equity Ratio	0,05	0,1	0	0
Operating Profit Margin	8,38 %	11,61 %	−2,43 %	5,17 %
Current Ratio	1,54	1,5	1,9	1,02
Quick Ratio	1,68	1,59	2,03	1,07
Equity Ratio	0,4	0,39	0,58	0,4
Gross Profit Margin	72,2 %	76,26 %	79,54 %	81,25 %