LED EXPERT AS

1763 HALDEN

Finances

Share Ownership

Return on Equity

29,7 %

Current Ratio

3,2

Debt-to-Equity Ratio

0,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 623 000	2 797 000	3 257 000	2 042 000
Net Income	496 000	271 000	220 000	96 000
Total Assets	3 129 000	2 783 000	1 959 000	1 261 000
Total Equity	1 670 000	1 174 000	903 000	684 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 623 000	2 797 000	3 257 000	2 042 000
Expenditure	1 938 000	2 400 000	2 924 000	1 873 000
Operating Profit	685 000	397 000	333 000	169 000
Financial Income	4 000	2 000	3 000	1 000
Financial Costs	53 000	51 000	53 000	42 000
Financial Balance	−49 000	−49 000	−50 000	−41 000
Earnings Before Tax	636 000	348 000	283 000	128 000
Tax	141 000	77 000	64 000	32 000
Net Income	496 000	271 000	220 000	96 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 205 000	1 428 000	345 000	549 000
Total Current Assets	1 924 000	1 354 000	1 614 000	711 000
Total Assets	3 129 000	2 783 000	1 959 000	1 261 000
Total Retained Equity	1 170 000	674 000	403 000	184 000
Total Equity	1 670 000	1 174 000	903 000	684 000
Total Long-Term Debt	857 000	1 011 000	226 000	463 000
Total Current Debt	602 000	597 000	830 000	114 000
Total Equity and Debt	3 129 000	2 783 000	1 959 000	1 261 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 623 000	2 797 000	2 847 000	2 042 000
Other Income	0	0	410 000	0
Revenue	2 623 000	2 797 000	3 257 000	2 042 000
Cost of Goods Sold	940 000	1 429 000	1 711 000	963 000
Salary Costs	67 000	114 000	63 000	240 000
Depreciation	312 000	252 000	109 000	123 000
Impairment	0	0	0	0
Expenditure	1 938 000	2 400 000	2 924 000	1 873 000
Operating Profit	685 000	397 000	333 000	169 000
Financial Income	4 000	2 000	3 000	1 000
Financial Costs	53 000	51 000	53 000	42 000
Financial Balance	−49 000	−49 000	−50 000	−41 000
Dividends	0	0	0	0
Net Income	496 000	271 000	220 000	96 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	41 000
Real Eastate	371 000	299 000	27 000	30 000
Machinery and Plant Facilities	418 000	504 000	0	55 000
Fixtures	362 000	545 000	318 000	423 000
Total Tangible Assets	1 152 000	1 348 000	345 000	509 000
Total Fiancial Fixed Assets	53 000	80 000	0	0
Total Fixed Assets	1 205 000	1 428 000	345 000	549 000
Stock	287 000	84 000	361 000	405 000
Total Investments	0	0	0	0
Cash, Bank	934 000	634 000	1 086 000	244 000
Total Current Assets	1 924 000	1 354 000	1 614 000	711 000
Total Assets	3 129 000	2 783 000	1 959 000	1 261 000
Total Equity	1 670 000	1 174 000	903 000	684 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	857 000	1 011 000	226 000	463 000
Creditors	70 000	294 000	614 000	13 000
Unpaid Taxes	331 000	198 000	188 000	81 000
Dividends	0	0	0	0
Other Current Debt	36 000	64 000	29 000	24 000
Total Current Debt	602 000	597 000	830 000	114 000
Total Equity and Debt	3 129 000	2 783 000	1 959 000	1 261 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,7 %	23,08 %	24,36 %	14,04 %
Debt-to-Equity Ratio	0,51	0,86	0,25	0,68
Operating Profit Margin	26,12 %	14,19 %	10,22 %	8,28 %
Current Ratio	3,2	2,27	1,94	6,24
Quick Ratio	6,11	2,64	3,44	−2,44
Equity Ratio	0,53	0,42	0,46	0,54
Gross Profit Margin	64,16 %	48,91 %	47,47 %	52,84 %