LEMO NORWAY AS

1920 SØRUMSAND

Finances

Share Ownership

Return on Equity

24,52 %

Current Ratio

3,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 173 000	13 031 000	14 161 000	12 045 000
Net Income	1 973 000	1 006 000	1 147 000	569 000
Total Assets	11 917 000	10 317 000	7 987 000	6 560 000
Total Equity	8 045 000	6 072 000	5 066 000	3 919 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 173 000	13 031 000	14 161 000	12 045 000
Expenditure	13 561 000	11 639 000	12 494 000	11 310 000
Operating Profit	2 611 000	1 393 000	1 667 000	734 000
Financial Income	432 000	172 000	281 000	137 000
Financial Costs	513 000	276 000	478 000	142 000
Financial Balance	−81 000	−104 000	−197 000	−5 000
Earnings Before Tax	2 531 000	1 289 000	1 471 000	730 000
Tax	557 000	284 000	324 000	161 000
Net Income	1 973 000	1 006 000	1 147 000	569 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 000	15 000	33 000	64 000
Total Current Assets	11 913 000	10 302 000	7 954 000	6 496 000
Total Assets	11 917 000	10 317 000	7 987 000	6 560 000
Total Retained Equity	6 345 000	4 372 000	3 366 000	2 219 000
Total Equity	8 045 000	6 072 000	5 066 000	3 919 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 872 000	4 245 000	2 920 000	2 641 000
Total Equity and Debt	11 917 000	10 317 000	7 987 000	6 560 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 173 000	13 031 000	14 161 000	12 045 000
Other Income	0	0	0	0
Revenue	16 173 000	13 031 000	14 161 000	12 045 000
Cost of Goods Sold	9 947 000	8 111 000	9 249 000	8 062 000
Salary Costs	2 621 000	2 605 000	2 329 000	2 445 000
Depreciation	6 000	10 000	17 000	13 000
Impairment	0	0	0	0
Expenditure	13 561 000	11 639 000	12 494 000	11 310 000
Operating Profit	2 611 000	1 393 000	1 667 000	734 000
Financial Income	432 000	172 000	281 000	137 000
Financial Costs	513 000	276 000	478 000	142 000
Financial Balance	−81 000	−104 000	−197 000	−5 000
Dividends	0	0	0	0
Net Income	1 973 000	1 006 000	1 147 000	569 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	2 000	2 000	1 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 000	8 000	18 000	17 000
Total Tangible Assets	2 000	8 000	18 000	17 000
Total Fiancial Fixed Assets	0	4 000	13 000	47 000
Total Fixed Assets	5 000	15 000	33 000	64 000
Stock	4 391 000	3 119 000	3 209 000	1 916 000
Total Investments	0	0	0	0
Cash, Bank	4 381 000	5 578 000	2 672 000	3 121 000
Total Current Assets	11 913 000	10 302 000	7 954 000	6 496 000
Total Assets	11 917 000	10 317 000	7 987 000	6 560 000
Total Equity	8 045 000	6 072 000	5 066 000	3 919 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 913 000	3 119 000	1 822 000	1 880 000
Unpaid Taxes	1 163 000	634 000	588 000	435 000
Dividends	0	0	0	0
Other Current Debt	239 000	208 000	186 000	165 000
Total Current Debt	3 872 000	4 245 000	2 920 000	2 641 000
Total Equity and Debt	11 917 000	10 317 000	7 987 000	6 560 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,52 %	16,57 %	22,64 %	14,52 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	16,14 %	10,69 %	11,77 %	6,09 %
Current Ratio	3,08	2,43	2,72	2,46
Quick Ratio	−22,95	9,15	−27,52	8,96
Equity Ratio	0,68	0,59	0,63	0,6
Gross Profit Margin	38,5 %	37,76 %	34,69 %	33,07 %