LONBAKKEN MEKANISKE VERKSTED AS

2670 OTTA

Finances

Return on Equity

14,2 %

Current Ratio

2,02

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	34 797 000	29 182 000	28 822 000	29 152 000
Net Income	1 370 000	1 071 000	2 072 000	556 000
Total Assets	18 137 000	17 937 000	14 282 000	12 945 000
Total Equity	9 645 000	8 824 000	8 254 000	6 401 000

Income (NOK)	2022	2021	2020	2019
Revenue	34 797 000	29 182 000	28 822 000	29 152 000
Expenditure	32 882 000	27 657 000	26 024 000	28 196 000
Operating Profit	1 917 000	1 525 000	2 799 000	955 000
Financial Income	2 000	0	9 000	2 000
Financial Costs	160 000	152 000	185 000	220 000
Financial Balance	−158 000	−152 000	−176 000	−218 000
Earnings Before Tax	1 758 000	1 373 000	2 623 000	737 000
Tax	387 000	302 000	551 000	181 000
Net Income	1 370 000	1 071 000	2 072 000	556 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 050 000	3 610 000	3 050 000	3 376 000
Total Current Assets	14 087 000	14 327 000	11 232 000	9 569 000
Total Assets	18 137 000	17 937 000	14 282 000	12 945 000
Total Retained Equity	8 819 000	7 998 000	7 427 000	5 575 000
Total Equity	9 645 000	8 824 000	8 254 000	6 401 000
Total Long-Term Debt	1 507 000	1 740 000	1 800 000	2 201 000
Total Current Debt	6 985 000	7 372 000	4 229 000	4 343 000
Total Equity and Debt	18 137 000	17 937 000	14 282 000	12 945 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	34 737 000	29 182 000	28 771 000	29 152 000
Other Income	60 000	0	51 000	0
Revenue	34 797 000	29 182 000	28 822 000	29 152 000
Cost of Goods Sold	16 509 000	12 814 000	11 369 000	13 169 000
Salary Costs	9 201 000	8 272 000	8 413 000	8 592 000
Depreciation	722 000	575 000	554 000	803 000
Impairment	0	0	0	0
Expenditure	32 882 000	27 657 000	26 024 000	28 196 000
Operating Profit	1 917 000	1 525 000	2 799 000	955 000
Financial Income	2 000	0	9 000	2 000
Financial Costs	160 000	152 000	185 000	220 000
Financial Balance	−158 000	−152 000	−176 000	−218 000
Dividends	250 000	500 000	220 000	250 000
Net Income	1 370 000	1 071 000	2 072 000	556 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	19 000	25 000	58 000	94 000
Real Eastate	787 000	392 000	86 000	87 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 638 000	2 639 000	2 387 000	2 516 000
Total Tangible Assets	3 425 000	3 031 000	2 473 000	2 602 000
Total Fiancial Fixed Assets	606 000	554 000	520 000	680 000
Total Fixed Assets	4 050 000	3 610 000	3 050 000	3 376 000
Stock	4 226 000	4 510 000	4 290 000	4 030 000
Total Investments	0	0	0	0
Cash, Bank	3 211 000	5 527 000	5 844 000	1 065 000
Total Current Assets	14 087 000	14 327 000	11 232 000	9 569 000
Total Assets	18 137 000	17 937 000	14 282 000	12 945 000
Total Equity	9 645 000	8 824 000	8 254 000	6 401 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 507 000	1 740 000	1 800 000	2 201 000
Creditors	3 676 000	5 151 000	2 156 000	1 881 000
Unpaid Taxes	1 610 000	1 010 000	542 000	1 096 000
Dividends	250 000	500 000	220 000	250 000
Other Current Debt	1 018 000	943 000	1 016 000	1 177 000
Total Current Debt	6 985 000	7 372 000	4 229 000	4 343 000
Total Equity and Debt	18 137 000	17 937 000	14 282 000	12 945 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,2 %	12,14 %	25,1 %	8,69 %
Debt-to-Equity Ratio	0,16	0,2	0,22	0,34
Operating Profit Margin	5,51 %	5,23 %	9,71 %	3,28 %
Current Ratio	2,02	1,94	2,66	2,2
Quick Ratio	5,11	5,01	−184,13	30,57
Equity Ratio	0,53	0,49	0,58	0,49
Gross Profit Margin	52,56 %	56,09 %	60,55 %	54,83 %