LG ELEKTRO AS

5097 BERGEN

Finances

Share Ownership

Return on Equity

208,11 %

Current Ratio

1,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 961 000	3 383 000	2 435 000	1 977 000
Net Income	308 000	352 000	258 000	−283 000
Total Assets	1 422 000	1 099 000	507 000	234 000
Total Equity	148 000	241 000	139 000	−119 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 961 000	3 383 000	2 435 000	1 977 000
Expenditure	3 566 000	2 972 000	2 172 000	2 259 000
Operating Profit	395 000	411 000	263 000	−281 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	6 000	2 000
Financial Balance	−1 000	0	−6 000	−2 000
Earnings Before Tax	395 000	410 000	258 000	−283 000
Tax	87 000	58 000	0	0
Net Income	308 000	352 000	258 000	−283 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 422 000	1 099 000	507 000	234 000
Total Assets	1 422 000	1 099 000	507 000	234 000
Total Retained Equity	48 000	141 000	39 000	−219 000
Total Equity	148 000	241 000	139 000	−119 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 274 000	858 000	368 000	353 000
Total Equity and Debt	1 422 000	1 099 000	507 000	234 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 961 000	3 374 000	2 433 000	1 977 000
Other Income	0	9 000	2 000	0
Revenue	3 961 000	3 383 000	2 435 000	1 977 000
Cost of Goods Sold	1 533 000	766 000	446 000	658 000
Salary Costs	825 000	721 000	711 000	812 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 566 000	2 972 000	2 172 000	2 259 000
Operating Profit	395 000	411 000	263 000	−281 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	6 000	2 000
Financial Balance	−1 000	0	−6 000	−2 000
Dividends	400 000	250 000	0	0
Net Income	308 000	352 000	258 000	−283 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	70 000	40 000	15 000	19 000
Total Investments	0	0	0	0
Cash, Bank	983 000	720 000	221 000	68 000
Total Current Assets	1 422 000	1 099 000	507 000	234 000
Total Assets	1 422 000	1 099 000	507 000	234 000
Total Equity	148 000	241 000	139 000	−119 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	585 000	361 000	182 000	118 000
Unpaid Taxes	123 000	123 000	123 000	77 000
Dividends	400 000	250 000	0	0
Other Current Debt	79 000	66 000	63 000	159 000
Total Current Debt	1 274 000	858 000	368 000	353 000
Total Equity and Debt	1 422 000	1 099 000	507 000	234 000

Financial indicators	2022	2021	2020	2019
Return on Equity	208,11 %	146,06 %	185,61 %	237,82 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	9,97 %	12,15 %	10,8 %	−14,21 %
Current Ratio	1,12	1,28	1,38	0,66
Quick Ratio	1,18	1,34	1,44	0,7
Equity Ratio	0,1	0,22	0,27	−0,51
Gross Profit Margin	61,3 %	77,36 %	81,68 %	66,72 %