LEC AS

6770 NORDFJORDEID

Finances

Return on Equity

24,95 %

Current Ratio

−44,69

Debt-to-Equity Ratio

−3,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	168 000	271 000	125 000	185 000
Net Income	−398 000	20 000	226 000	−89 000
Total Assets	3 678 000	4 044 000	3 711 000	3 876 000
Total Equity	−1 595 000	−1 197 000	−1 063 000	−1 289 000

Income (NOK)	2022	2021	2020	2019
Revenue	168 000	271 000	125 000	185 000
Expenditure	106 000	180 000	146 000	169 000
Operating Profit	62 000	90 000	−21 000	16 000
Financial Income	180 000	0	312 000	22 000
Financial Costs	641 000	70 000	64 000	127 000
Financial Balance	−461 000	−70 000	248 000	−105 000
Earnings Before Tax	−398 000	20 000	226 000	−89 000
Tax	0	0	0	0
Net Income	−398 000	20 000	226 000	−89 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 381 000	2 304 000	3 079 000	2 343 000
Total Current Assets	1 296 000	1 741 000	633 000	1 533 000
Total Assets	3 678 000	4 044 000	3 711 000	3 876 000
Total Retained Equity	−1 695 000	−1 297 000	−1 163 000	−1 389 000
Total Equity	−1 595 000	−1 197 000	−1 063 000	−1 289 000
Total Long-Term Debt	5 301 000	4 492 000	4 750 000	4 495 000
Total Current Debt	−29 000	750 000	24 000	671 000
Total Equity and Debt	3 678 000	4 044 000	3 711 000	3 876 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	168 000	271 000	125 000	185 000
Other Income	0	0	0	0
Revenue	168 000	271 000	125 000	185 000
Cost of Goods Sold	48 000	86 000	50 000	0
Salary Costs	0	0	0	0
Depreciation	0	39 000	119 000	119 000
Impairment	0	0	0	0
Expenditure	106 000	180 000	146 000	169 000
Operating Profit	62 000	90 000	−21 000	16 000
Financial Income	180 000	0	312 000	22 000
Financial Costs	641 000	70 000	64 000	127 000
Financial Balance	−461 000	−70 000	248 000	−105 000
Dividends	0	0	0	0
Net Income	−398 000	20 000	226 000	−89 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 054 000	2 054 000	1 974 000	2 093 000
Machinery and Plant Facilities	23 000	0	0	0
Fixtures	55 000	0	0	0
Total Tangible Assets	2 131 000	2 054 000	1 974 000	2 093 000
Total Fiancial Fixed Assets	250 000	250 000	1 105 000	250 000
Total Fixed Assets	2 381 000	2 304 000	3 079 000	2 343 000
Stock	0	0	0	0
Total Investments	162 000	557 000	0	557 000
Cash, Bank	4 000	7 000	630 000	11 000
Total Current Assets	1 296 000	1 741 000	633 000	1 533 000
Total Assets	3 678 000	4 044 000	3 711 000	3 876 000
Total Equity	−1 595 000	−1 197 000	−1 063 000	−1 289 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 301 000	4 492 000	4 750 000	4 495 000
Creditors	170 000	354 000	0	161 000
Unpaid Taxes	0	0	0	−1 000
Dividends	0	0	0	0
Other Current Debt	271 000	271 000	24 000	271 000
Total Current Debt	−29 000	750 000	24 000	671 000
Total Equity and Debt	3 678 000	4 044 000	3 711 000	3 876 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,95 %	−1,67 %	−21,26 %	6,9 %
Debt-to-Equity Ratio	−3,32	−3,75	−4,47	−3,49
Operating Profit Margin	36,9 %	33,21 %	−16,8 %	8,65 %
Current Ratio	−44,69	2,32	26,38	2,28
Quick Ratio	−44,69	2,32	26,38	2,28
Equity Ratio	−0,43	−0,3	−0,29	−0,33
Gross Profit Margin	71,43 %	68,27 %	60 %	100 %