LIEDS VERKTØY AS

6012 ÅLESUND

Finances

Share Ownership

Return on Equity

25,67 %

Current Ratio

1,21

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 228 000	17 082 000	14 397 000	14 825 000
Net Income	877 000	1 102 000	−55 000	−561 000
Total Assets	9 885 000	9 893 000	8 917 000	9 199 000
Total Equity	3 417 000	2 540 000	1 438 000	1 493 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 228 000	17 082 000	14 397 000	14 825 000
Expenditure	15 625 000	15 887 000	13 720 000	15 033 000
Operating Profit	1 261 000	1 536 000	92 000	−515 000
Financial Income	31 000	20 000	45 000	31 000
Financial Costs	168 000	123 000	209 000	232 000
Financial Balance	−137 000	−103 000	−164 000	−201 000
Earnings Before Tax	1 124 000	1 433 000	−72 000	−717 000
Tax	247 000	331 000	−17 000	−155 000
Net Income	877 000	1 102 000	−55 000	−561 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 100 000	3 199 000	3 762 000	3 360 000
Total Current Assets	6 785 000	6 695 000	5 155 000	5 838 000
Total Assets	9 885 000	9 893 000	8 917 000	9 199 000
Total Retained Equity	2 464 000	1 587 000	485 000	540 000
Total Equity	3 417 000	2 540 000	1 438 000	1 493 000
Total Long-Term Debt	866 000	1 112 000	1 351 000	1 200 000
Total Current Debt	5 602 000	6 242 000	6 128 000	6 506 000
Total Equity and Debt	9 885 000	9 893 000	8 917 000	9 199 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 227 000	17 082 000	14 340 000	14 824 000
Other Income	0	0	57 000	0
Revenue	16 228 000	17 082 000	14 397 000	14 825 000
Cost of Goods Sold	6 892 000	7 953 000	5 916 000	5 809 000
Salary Costs	5 166 000	4 648 000	4 376 000	5 299 000
Depreciation	176 000	232 000	249 000	364 000
Impairment	0	0	0	0
Expenditure	15 625 000	15 887 000	13 720 000	15 033 000
Operating Profit	1 261 000	1 536 000	92 000	−515 000
Financial Income	31 000	20 000	45 000	31 000
Financial Costs	168 000	123 000	209 000	232 000
Financial Balance	−137 000	−103 000	−164 000	−201 000
Dividends	0	0	0	0
Net Income	877 000	1 102 000	−55 000	−561 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	806 000	1 053 000	1 384 000	1 378 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	16 000	77 000
Fixtures	687 000	539 000	755 000	298 000
Total Tangible Assets	687 000	539 000	771 000	376 000
Total Fiancial Fixed Assets	1 607 000	1 607 000	1 607 000	1 607 000
Total Fixed Assets	3 100 000	3 199 000	3 762 000	3 360 000
Stock	3 699 000	3 042 000	2 700 000	3 285 000
Total Investments	0	0	0	0
Cash, Bank	1 986 000	1 071 000	525 000	186 000
Total Current Assets	6 785 000	6 695 000	5 155 000	5 838 000
Total Assets	9 885 000	9 893 000	8 917 000	9 199 000
Total Equity	3 417 000	2 540 000	1 438 000	1 493 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	866 000	1 112 000	1 351 000	1 200 000
Creditors	1 652 000	551 000	384 000	765 000
Unpaid Taxes	734 000	720 000	605 000	583 000
Dividends	0	0	0	0
Other Current Debt	1 013 000	891 000	1 078 000	763 000
Total Current Debt	5 602 000	6 242 000	6 128 000	6 506 000
Total Equity and Debt	9 885 000	9 893 000	8 917 000	9 199 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,67 %	43,39 %	−3,82 %	−37,58 %
Debt-to-Equity Ratio	0,25	0,44	0,94	0,8
Operating Profit Margin	7,77 %	8,99 %	0,64 %	−3,47 %
Current Ratio	1,21	1,07	0,84	0,9
Quick Ratio	3,57	2,09	1,5	1,81
Equity Ratio	0,35	0,26	0,16	0,16
Gross Profit Margin	57,53 %	53,44 %	58,91 %	60,82 %