LEITHE ELEKTRO AS

1470 LØRENSKOG

Finances

Return on Equity

47,42 %

Current Ratio

2,03

Debt-to-Equity Ratio

0,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 722 000	13 286 000	15 135 000	16 200 000
Net Income	884 000	251 000	1 003 000	883 000
Total Assets	5 691 000	5 727 000	7 201 000	4 756 000
Total Equity	1 864 000	2 230 000	2 979 000	1 976 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 722 000	13 286 000	15 135 000	16 200 000
Expenditure	13 548 000	12 907 000	13 823 000	15 074 000
Operating Profit	1 174 000	379 000	1 312 000	1 126 000
Financial Income	14 000	8 000	14 000	18 000
Financial Costs	54 000	67 000	38 000	9 000
Financial Balance	−40 000	−59 000	−24 000	9 000
Earnings Before Tax	1 134 000	320 000	1 288 000	1 135 000
Tax	249 000	69 000	285 000	252 000
Net Income	884 000	251 000	1 003 000	883 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	530 000	1 217 000	1 516 000	394 000
Total Current Assets	5 161 000	4 509 000	5 685 000	4 362 000
Total Assets	5 691 000	5 727 000	7 201 000	4 756 000
Total Retained Equity	1 789 000	2 080 000	2 829 000	1 826 000
Total Equity	1 864 000	2 230 000	2 979 000	1 976 000
Total Long-Term Debt	1 284 000	1 390 000	1 521 000	0
Total Current Debt	2 543 000	2 106 000	2 700 000	2 781 000
Total Equity and Debt	5 691 000	5 727 000	7 201 000	4 756 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 610 000	13 210 000	15 298 000	16 032 000
Other Income	112 000	76 000	−163 000	168 000
Revenue	14 722 000	13 286 000	15 135 000	16 200 000
Cost of Goods Sold	4 009 000	3 346 000	3 656 000	4 663 000
Salary Costs	6 953 000	6 786 000	7 455 000	7 686 000
Depreciation	253 000	337 000	141 000	46 000
Impairment	0	0	0	0
Expenditure	13 548 000	12 907 000	13 823 000	15 074 000
Operating Profit	1 174 000	379 000	1 312 000	1 126 000
Financial Income	14 000	8 000	14 000	18 000
Financial Costs	54 000	67 000	38 000	9 000
Financial Balance	−40 000	−59 000	−24 000	9 000
Dividends	0	1 000 000	0	0
Net Income	884 000	251 000	1 003 000	883 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	37 000	39 000	85 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	515 000	1 180 000	1 477 000	310 000
Total Tangible Assets	515 000	1 180 000	1 477 000	310 000
Total Fiancial Fixed Assets	15 000	0	0	0
Total Fixed Assets	530 000	1 217 000	1 516 000	394 000
Stock	348 000	304 000	327 000	296 000
Total Investments	0	0	0	0
Cash, Bank	2 322 000	2 999 000	4 009 000	3 408 000
Total Current Assets	5 161 000	4 509 000	5 685 000	4 362 000
Total Assets	5 691 000	5 727 000	7 201 000	4 756 000
Total Equity	1 864 000	2 230 000	2 979 000	1 976 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 284 000	1 390 000	1 521 000	0
Creditors	539 000	846 000	411 000	557 000
Unpaid Taxes	884 000	498 000	1 260 000	1 143 000
Dividends	0	1 000 000	0	0
Other Current Debt	910 000	696 000	789 000	839 000
Total Current Debt	2 543 000	2 106 000	2 700 000	2 781 000
Total Equity and Debt	5 691 000	5 727 000	7 201 000	4 756 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,42 %	11,26 %	33,67 %	44,69 %
Debt-to-Equity Ratio	0,69	0,62	0,51	0
Operating Profit Margin	7,97 %	2,85 %	8,67 %	6,95 %
Current Ratio	2,03	2,14	2,11	1,57
Quick Ratio	2,35	2,5	2,4	1,76
Equity Ratio	0,33	0,39	0,41	0,42
Gross Profit Margin	72,77 %	74,82 %	75,84 %	71,22 %