LEDSYSTEMS AS

9406 HARSTAD

Finances

Share Ownership

Return on Equity

3,37 %

Current Ratio

0,14

Debt-to-Equity Ratio

−0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	−134 000	61 000	233 000	965 000
Net Income	−47 000	71 000	4 000	349 000
Total Assets	408 000	550 000	434 000	259 000
Total Equity	−1 395 000	−1 348 000	−1 419 000	−1 422 000

Income (NOK)	2022	2021	2020	2019
Revenue	−134 000	61 000	233 000	965 000
Expenditure	−132 000	31 000	228 000	586 000
Operating Profit	−2 000	30 000	5 000	349 000
Financial Income	0	0	0	0
Financial Costs	0	4 000	1 000	0
Financial Balance	0	−4 000	−1 000	0
Earnings Before Tax	−2 000	26 000	4 000	349 000
Tax	45 000	−45 000	0	0
Net Income	−47 000	71 000	4 000	349 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	158 000	162 000	115 000	124 000
Total Current Assets	251 000	388 000	319 000	135 000
Total Assets	408 000	550 000	434 000	259 000
Total Retained Equity	28 000	75 000	4 000	−2 422 000
Total Equity	−1 395 000	−1 348 000	−1 419 000	−1 422 000
Total Long-Term Debt	40 000	0	41 000	41 000
Total Current Debt	1 763 000	1 898 000	1 812 000	1 641 000
Total Equity and Debt	408 000	550 000	434 000	259 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	61 000	183 000	507 000
Other Income	−134 000	0	50 000	458 000
Revenue	−134 000	61 000	233 000	965 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	29 000	141 000	170 000
Depreciation	0	0	12 000	12 000
Impairment	0	0	0	0
Expenditure	−132 000	31 000	228 000	586 000
Operating Profit	−2 000	30 000	5 000	349 000
Financial Income	0	0	0	0
Financial Costs	0	4 000	1 000	0
Financial Balance	0	−4 000	−1 000	0
Dividends	0	0	0	0
Net Income	−47 000	71 000	4 000	349 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	5 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	42 000	42 000	0	26 000
Total Tangible Assets	42 000	42 000	0	26 000
Total Fiancial Fixed Assets	115 000	115 000	115 000	98 000
Total Fixed Assets	158 000	162 000	115 000	124 000
Stock	2 000	2 000	2 000	2 000
Total Investments	8 000	8 000	0	0
Cash, Bank	0	3 000	1 000	35 000
Total Current Assets	251 000	388 000	319 000	135 000
Total Assets	408 000	550 000	434 000	259 000
Total Equity	−1 395 000	−1 348 000	−1 419 000	−1 422 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	40 000	0	41 000	41 000
Creditors	268 000	268 000	268 000	282 000
Unpaid Taxes	17 000	26 000	12 000	−16 000
Dividends	0	0	0	0
Other Current Debt	1 479 000	1 604 000	1 532 000	1 374 000
Total Current Debt	1 763 000	1 898 000	1 812 000	1 641 000
Total Equity and Debt	408 000	550 000	434 000	259 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,37 %	−5,27 %	−0,28 %	−24,54 %
Debt-to-Equity Ratio	−0,03	−0	−0,03	−0,03
Operating Profit Margin	1,49 %	49,18 %	2,15 %	36,17 %
Current Ratio	0,14	0,2	0,18	0,08
Quick Ratio	0,14	0,2	0,18	0,08
Equity Ratio	−3,42	−2,45	−3,27	−5,49
Gross Profit Margin	100 %	100 %	100 %	100 %