LHI SOLARWIND HYDRO VIKAÅNE 2644 AS

0273 OSLO

Finances

Share Ownership

Return on Equity

38,61 %

Current Ratio

1,62

Debt-to-Equity Ratio

0,82

Key figures (EUR)	2022	2021	2020	2019
Revenue	835 000	244 000	18 000	222 000
Net Income	507 000	128 000	−96 000	88 000
Total Assets	2 664 000	2 022 000	1 764 000	1 967 000
Total Equity	1 313 000	924 000	683 000	778 000

Income (EUR)	2022	2021	2020	2019
Revenue	835 000	244 000	18 000	222 000
Expenditure	264 000	111 000	104 000	126 000
Operating Profit	571 000	133 000	−86 000	95 000
Financial Income	0	6 000	4 000	4 000
Financial Costs	17 000	11 000	14 000	11 000
Financial Balance	−17 000	−5 000	−10 000	−7 000
Earnings Before Tax	554 000	128 000	−96 000	88 000
Tax	48 000	0	0	0
Net Income	507 000	128 000	−96 000	88 000

Balance (EUR)	2022	2021	2020	2019
Total Fixed Assets	2 224 000	1 507 000	1 428 000	1 478 000
Total Current Assets	440 000	515 000	336 000	489 000
Total Assets	2 664 000	2 022 000	1 764 000	1 967 000
Total Retained Equity	807 000	418 000	177 000	273 000
Total Equity	1 313 000	924 000	683 000	778 000
Total Long-Term Debt	1 079 000	1 061 000	1 061 000	1 161 000
Total Current Debt	272 000	37 000	20 000	27 000
Total Equity and Debt	2 664 000	2 022 000	1 764 000	1 967 000

Cash flow (EUR)	2022	2021	2020	2019
Sales Income	835 000	244 000	18 000	222 000
Other Income	0	0	0	0
Revenue	835 000	244 000	18 000	222 000
Cost of Goods Sold	0	3 000	7 000	4 000
Salary Costs	0	0	0	0
Depreciation	34 000	34 000	50 000	45 000
Impairment	0	0	0	0
Expenditure	264 000	111 000	104 000	126 000
Operating Profit	571 000	133 000	−86 000	95 000
Financial Income	0	6 000	4 000	4 000
Financial Costs	17 000	11 000	14 000	11 000
Financial Balance	−17 000	−5 000	−10 000	−7 000
Dividends	0	0	0	0
Net Income	507 000	128 000	−96 000	88 000

Balance details (EUR)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 032 000	1 050 000	1 428 000	0
Machinery and Plant Facilities	442 000	457 000	0	1 478 000
Fixtures	0	0	0	0
Total Tangible Assets	1 474 000	1 507 000	1 428 000	1 478 000
Total Fiancial Fixed Assets	750 000	0	0	0
Total Fixed Assets	2 224 000	1 507 000	1 428 000	1 478 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	203 000	323 000	207 000	300 000
Total Current Assets	440 000	515 000	336 000	489 000
Total Assets	2 664 000	2 022 000	1 764 000	1 967 000
Total Equity	1 313 000	924 000	683 000	778 000
Short-Term Group Debt	0	10 000	1 000	0
Total Long-Term Debt	1 079 000	1 061 000	1 061 000	1 161 000
Creditors	17 000	1 000	18 000	13 000
Unpaid Taxes	4 000	6 000	0	1 000
Dividends	0	0	0	0
Other Current Debt	100 000	20 000	1 000	13 000
Total Current Debt	272 000	37 000	20 000	27 000
Total Equity and Debt	2 664 000	2 022 000	1 764 000	1 967 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,61 %	13,85 %	−14,06 %	11,31 %
Debt-to-Equity Ratio	0,82	1,15	1,55	1,49
Operating Profit Margin	68,38 %	54,51 %	−477,78 %	42,79 %
Current Ratio	1,62	13,92	16,8	18,11
Quick Ratio	1,62	13,92	16,8	18,11
Equity Ratio	0,49	0,46	0,39	0,4
Gross Profit Margin	100 %	98,77 %	61,11 %	98,2 %