LAVANGEN ELEKTRO AS

9357 TENNEVOLL

Finances

Return on Equity

55,15 %

Current Ratio

1,28

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 674 000	11 201 000	9 426 000	10 711 000
Net Income	883 000	−263 000	377 000	−354 000
Total Assets	6 321 000	3 966 000	3 662 000	3 289 000
Total Equity	1 601 000	718 000	982 000	604 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 674 000	11 201 000	9 426 000	10 711 000
Expenditure	13 595 000	11 319 000	8 900 000	10 963 000
Operating Profit	1 079 000	−118 000	525 000	−251 000
Financial Income	27 000	29 000	27 000	8 000
Financial Costs	78 000	126 000	108 000	101 000
Financial Balance	−51 000	−97 000	−81 000	−93 000
Earnings Before Tax	1 027 000	−215 000	445 000	−344 000
Tax	144 000	48 000	67 000	10 000
Net Income	883 000	−263 000	377 000	−354 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	629 000	573 000	751 000	737 000
Total Current Assets	5 692 000	3 394 000	2 911 000	2 552 000
Total Assets	6 321 000	3 966 000	3 662 000	3 289 000
Total Retained Equity	1 501 000	618 000	882 000	504 000
Total Equity	1 601 000	718 000	982 000	604 000
Total Long-Term Debt	279 000	281 000	377 000	471 000
Total Current Debt	4 441 000	2 967 000	2 303 000	2 214 000
Total Equity and Debt	6 321 000	3 966 000	3 662 000	3 289 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 343 000	11 201 000	9 426 000	10 711 000
Other Income	331 000	0	0	0
Revenue	14 674 000	11 201 000	9 426 000	10 711 000
Cost of Goods Sold	8 028 000	6 230 000	4 679 000	5 686 000
Salary Costs	3 933 000	3 389 000	3 060 000	3 429 000
Depreciation	158 000	133 000	131 000	125 000
Impairment	0	0	0	0
Expenditure	13 595 000	11 319 000	8 900 000	10 963 000
Operating Profit	1 079 000	−118 000	525 000	−251 000
Financial Income	27 000	29 000	27 000	8 000
Financial Costs	78 000	126 000	108 000	101 000
Financial Balance	−51 000	−97 000	−81 000	−93 000
Dividends	0	0	0	0
Net Income	883 000	−263 000	377 000	−354 000

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	447 000	423 000	525 000	511 000
Total Tangible Assets	447 000	423 000	525 000	511 000
Total Fiancial Fixed Assets	183 000	150 000	226 000	226 000
Total Fixed Assets	629 000	573 000	751 000	737 000
Stock	779 000	867 000	775 000	870 000
Total Investments	0	0	0	0
Cash, Bank	662 000	1 087 000	345 000	220 000
Total Current Assets	5 692 000	3 394 000	2 911 000	2 552 000
Total Assets	6 321 000	3 966 000	3 662 000	3 289 000
Total Equity	1 601 000	718 000	982 000	604 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	279 000	281 000	377 000	471 000
Creditors	2 667 000	2 066 000	1 321 000	1 235 000
Unpaid Taxes	914 000	454 000	451 000	369 000
Dividends	0	0	0	0
Other Current Debt	716 000	399 000	464 000	599 000
Total Current Debt	4 441 000	2 967 000	2 303 000	2 214 000
Total Equity and Debt	6 321 000	3 966 000	3 662 000	3 289 000

Financial indicators	2022	2021	2020	2019
Return on Equity	55,15 %	−36,63 %	38,39 %	−58,61 %
Debt-to-Equity Ratio	0,17	0,39	0,38	0,78
Operating Profit Margin	7,35 %	−1,05 %	5,57 %	−2,34 %
Current Ratio	1,28	1,14	1,26	1,15
Quick Ratio	1,55	1,62	1,91	1,9
Equity Ratio	0,25	0,18	0,27	0,18
Gross Profit Margin	45,29 %	44,38 %	50,36 %	46,91 %