LRE ELEKTRO AS

4580 LYNGDAL

Finances

Return on Equity

3,38 %

Current Ratio

1,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 639 000	11 846 000	10 248 000	15 953 000
Net Income	115 000	−1 019 000	−1 527 000	−660 000
Total Assets	8 510 000	8 553 000	9 200 000	10 300 000
Total Equity	3 399 000	3 284 000	4 304 000	5 831 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 639 000	11 846 000	10 248 000	15 953 000
Expenditure	12 443 000	12 588 000	11 748 000	16 788 000
Operating Profit	197 000	−742 000	−1 500 000	−834 000
Financial Income	0	9 000	2 000	192 000
Financial Costs	82 000	287 000	365 000	18 000
Financial Balance	−82 000	−278 000	−363 000	174 000
Earnings Before Tax	115 000	−1 019 000	−1 863 000	−660 000
Tax	0	0	−336 000	0
Net Income	115 000	−1 019 000	−1 527 000	−660 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 485 000	2 418 000	3 104 000	3 493 000
Total Current Assets	6 025 000	6 135 000	6 095 000	6 808 000
Total Assets	8 510 000	8 553 000	9 200 000	10 300 000
Total Retained Equity	2 799 000	2 684 000	3 704 000	5 231 000
Total Equity	3 399 000	3 284 000	4 304 000	5 831 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 111 000	5 269 000	4 896 000	4 470 000
Total Equity and Debt	8 510 000	8 553 000	9 200 000	10 300 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 639 000	11 834 000	10 248 000	15 945 000
Other Income	0	12 000	0	8 000
Revenue	12 639 000	11 846 000	10 248 000	15 953 000
Cost of Goods Sold	3 796 000	3 673 000	3 348 000	4 953 000
Salary Costs	6 388 000	6 596 000	6 498 000	9 593 000
Depreciation	40 000	61 000	61 000	64 000
Impairment	0	0	0	0
Expenditure	12 443 000	12 588 000	11 748 000	16 788 000
Operating Profit	197 000	−742 000	−1 500 000	−834 000
Financial Income	0	9 000	2 000	192 000
Financial Costs	82 000	287 000	365 000	18 000
Financial Balance	−82 000	−278 000	−363 000	174 000
Dividends	0	0	0	0
Net Income	115 000	−1 019 000	−1 527 000	−660 000

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	36 000	39 000	100 000	161 000
Total Tangible Assets	36 000	39 000	100 000	161 000
Total Fiancial Fixed Assets	2 449 000	2 379 000	3 004 000	3 332 000
Total Fixed Assets	2 485 000	2 418 000	3 104 000	3 493 000
Stock	1 031 000	1 247 000	1 135 000	1 079 000
Total Investments	0	0	0	0
Cash, Bank	242 000	259 000	806 000	1 147 000
Total Current Assets	6 025 000	6 135 000	6 095 000	6 808 000
Total Assets	8 510 000	8 553 000	9 200 000	10 300 000
Total Equity	3 399 000	3 284 000	4 304 000	5 831 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 231 000	1 568 000	1 422 000	751 000
Unpaid Taxes	1 113 000	789 000	816 000	1 380 000
Dividends	0	0	0	0
Other Current Debt	1 550 000	1 359 000	1 456 000	2 339 000
Total Current Debt	5 111 000	5 269 000	4 896 000	4 470 000
Total Equity and Debt	8 510 000	8 553 000	9 200 000	10 300 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,38 %	−31,03 %	−35,48 %	−11,32 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,56 %	−6,26 %	−14,64 %	−5,23 %
Current Ratio	1,18	1,16	1,24	1,52
Quick Ratio	1,48	1,53	1,62	2,01
Equity Ratio	0,4	0,38	0,47	0,57
Gross Profit Margin	69,97 %	68,99 %	67,33 %	68,95 %