LECO AS

4041 HAFRSFJORD

Finances

Return on Equity

N/A

Current Ratio

4,07

Debt-to-Equity Ratio

N/A

Key figures (NOK)	2022	2021	2020	2019
Revenue	161 000	205 000	51 000	0
Net Income	302 000	125 000	13 000	−2 000
Total Assets	298 000	618 000	605 000	821 000
Total Equity	0	−302 000	−420 000	−433 000

Income (NOK)	2022	2021	2020	2019
Revenue	161 000	205 000	51 000	0
Expenditure	402 000	54 000	34 000	3 000
Operating Profit	−241 000	151 000	16 000	−3 000
Financial Income	485 000	0	0	0
Financial Costs	8 000	0	0	0
Financial Balance	477 000	0	0	0
Earnings Before Tax	236 000	151 000	16 000	−3 000
Tax	−67 000	25 000	4 000	−1 000
Net Income	302 000	125 000	13 000	−2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	50 000	509 000	503 000	503 000
Total Current Assets	248 000	109 000	102 000	318 000
Total Assets	298 000	618 000	605 000	821 000
Total Retained Equity	−459 000	−761 000	−879 000	−891 000
Total Equity	0	−302 000	−420 000	−433 000
Total Long-Term Debt	236 000	831 000	912 000	1 171 000
Total Current Debt	61 000	89 000	113 000	83 000
Total Equity and Debt	298 000	618 000	605 000	821 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	161 000	205 000	51 000	0
Other Income	0	0	0	0
Revenue	161 000	205 000	51 000	0
Cost of Goods Sold	3 000	0	0	0
Salary Costs	352 000	26 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	402 000	54 000	34 000	3 000
Operating Profit	−241 000	151 000	16 000	−3 000
Financial Income	485 000	0	0	0
Financial Costs	8 000	0	0	0
Financial Balance	477 000	0	0	0
Dividends	0	0	0	0
Net Income	302 000	125 000	13 000	−2 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	50 000	509 000	503 000	503 000
Total Fixed Assets	50 000	509 000	503 000	503 000
Stock	0	0	0	0
Total Investments	14 000	0	0	0
Cash, Bank	234 000	109 000	67 000	318 000
Total Current Assets	248 000	109 000	102 000	318 000
Total Assets	298 000	618 000	605 000	821 000
Total Equity	0	−302 000	−420 000	−433 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	236 000	831 000	912 000	1 171 000
Creditors	0	19 000	0	0
Unpaid Taxes	29 000	18 000	17 000	10 000
Dividends	0	0	0	0
Other Current Debt	32 000	2 000	73 000	73 000
Total Current Debt	61 000	89 000	113 000	83 000
Total Equity and Debt	298 000	618 000	605 000	821 000

Financial indicators	2022	2021	2020	2019
Return on Equity	-	−41,39 %	−3,1 %	0,46 %
Debt-to-Equity Ratio	-	−2,75	−2,17	−2,7
Operating Profit Margin	−149,69 %	73,66 %	31,37 %	-
Current Ratio	4,07	1,22	0,9	3,83
Quick Ratio	4,07	1,22	0,9	3,83
Equity Ratio	0	−0,49	−0,69	−0,53
Gross Profit Margin	98,14 %	100 %	100 %	-