LEXOW LÅSSERVICE AS

1524 MOSS

Finances

Share Ownership

Return on Equity

24,5 %

Current Ratio

2,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	45 763 000	33 822 000	28 275 000	28 821 000
Net Income	3 614 000	2 968 000	2 379 000	2 515 000
Total Assets	23 753 000	23 791 000	16 601 000	14 299 000
Total Equity	14 754 000	12 310 000	11 682 000	9 302 000

Income (NOK)	2022	2021	2020	2019
Revenue	45 763 000	33 822 000	28 275 000	28 821 000
Expenditure	41 119 000	29 993 000	25 200 000	25 580 000
Operating Profit	4 644 000	3 828 000	3 074 000	3 241 000
Financial Income	16 000	0	3 000	2 000
Financial Costs	8 000	11 000	11 000	15 000
Financial Balance	8 000	−11 000	−8 000	−13 000
Earnings Before Tax	4 652 000	3 817 000	3 065 000	3 228 000
Tax	1 038 000	849 000	686 000	713 000
Net Income	3 614 000	2 968 000	2 379 000	2 515 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	625 000	601 000	582 000	221 000
Total Current Assets	23 128 000	23 190 000	16 020 000	14 078 000
Total Assets	23 753 000	23 791 000	16 601 000	14 299 000
Total Retained Equity	14 052 000	11 608 000	10 980 000	8 600 000
Total Equity	14 754 000	12 310 000	11 682 000	9 302 000
Total Long-Term Debt	31 000	60 000	88 000	138 000
Total Current Debt	8 968 000	11 422 000	4 832 000	4 859 000
Total Equity and Debt	23 753 000	23 791 000	16 601 000	14 299 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	45 657 000	33 990 000	28 258 000	27 919 000
Other Income	106 000	−168 000	16 000	902 000
Revenue	45 763 000	33 822 000	28 275 000	28 821 000
Cost of Goods Sold	22 759 000	15 905 000	13 495 000	14 561 000
Salary Costs	13 391 000	9 978 000	7 946 000	7 554 000
Depreciation	136 000	104 000	43 000	96 000
Impairment	0	0	0	0
Expenditure	41 119 000	29 993 000	25 200 000	25 580 000
Operating Profit	4 644 000	3 828 000	3 074 000	3 241 000
Financial Income	16 000	0	3 000	2 000
Financial Costs	8 000	11 000	11 000	15 000
Financial Balance	8 000	−11 000	−8 000	−13 000
Dividends	0	0	0	0
Net Income	3 614 000	2 968 000	2 379 000	2 515 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	23 000	49 000	27 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	348 000	0	0	0
Fixtures	254 000	552 000	554 000	221 000
Total Tangible Assets	602 000	552 000	554 000	221 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	625 000	601 000	582 000	221 000
Stock	8 421 000	6 731 000	4 258 000	3 619 000
Total Investments	0	0	0	0
Cash, Bank	827 000	10 160 000	4 995 000	3 927 000
Total Current Assets	23 128 000	23 190 000	16 020 000	14 078 000
Total Assets	23 753 000	23 791 000	16 601 000	14 299 000
Total Equity	14 754 000	12 310 000	11 682 000	9 302 000
Short-Term Group Debt	1 500 000	3 000 000	0	0
Total Long-Term Debt	31 000	60 000	88 000	138 000
Creditors	1 570 000	4 451 000	997 000	1 207 000
Unpaid Taxes	2 445 000	1 486 000	1 419 000	1 363 000
Dividends	0	0	0	0
Other Current Debt	2 772 000	2 275 000	1 678 000	1 571 000
Total Current Debt	8 968 000	11 422 000	4 832 000	4 859 000
Total Equity and Debt	23 753 000	23 791 000	16 601 000	14 299 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,5 %	24,11 %	20,36 %	27,04 %
Debt-to-Equity Ratio	0	0	0,01	0,01
Operating Profit Margin	10,15 %	11,32 %	10,87 %	11,25 %
Current Ratio	2,58	2,03	3,32	2,9
Quick Ratio	42,28	4,94	27,91	11,35
Equity Ratio	0,62	0,52	0,7	0,65
Gross Profit Margin	50,27 %	52,97 %	52,27 %	49,48 %