LEGE ARVE RENNESUND AS

3922 PORSGRUNN

Finances

Return on Equity

142,96 %

Current Ratio

1,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 820 000	6 600 000	6 434 000	6 512 000
Net Income	3 118 000	3 629 000	2 923 000	2 826 000
Total Assets	5 356 000	4 796 000	4 075 000	4 062 000
Total Equity	2 181 000	1 063 000	1 454 000	31 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 820 000	6 600 000	6 434 000	6 512 000
Expenditure	2 867 000	2 823 000	2 677 000	2 885 000
Operating Profit	3 952 000	3 778 000	3 758 000	3 627 000
Financial Income	43 000	700 000	1 000	1 000
Financial Costs	3 000	0	0	0
Financial Balance	40 000	700 000	1 000	1 000
Earnings Before Tax	3 992 000	4 478 000	3 758 000	3 628 000
Tax	874 000	849 000	835 000	802 000
Net Income	3 118 000	3 629 000	2 923 000	2 826 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	486 000	533 000	526 000	506 000
Total Current Assets	4 870 000	4 262 000	3 549 000	3 557 000
Total Assets	5 356 000	4 796 000	4 075 000	4 062 000
Total Retained Equity	2 151 000	1 033 000	1 424 000	1 000
Total Equity	2 181 000	1 063 000	1 454 000	31 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 175 000	3 732 000	2 621 000	4 032 000
Total Equity and Debt	5 356 000	4 796 000	4 075 000	4 062 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 820 000	1 765 000	1 718 000	1 892 000
Other Income	0	4 836 000	4 717 000	4 620 000
Revenue	6 820 000	6 600 000	6 434 000	6 512 000
Cost of Goods Sold	207 000	266 000	224 000	216 000
Salary Costs	1 843 000	1 751 000	1 720 000	1 728 000
Depreciation	0	0	0	127 000
Impairment	0	0	0	0
Expenditure	2 867 000	2 823 000	2 677 000	2 885 000
Operating Profit	3 952 000	3 778 000	3 758 000	3 627 000
Financial Income	43 000	700 000	1 000	1 000
Financial Costs	3 000	0	0	0
Financial Balance	40 000	700 000	1 000	1 000
Dividends	2 000 000	4 020 000	1 500 000	2 835 000
Net Income	3 118 000	3 629 000	2 923 000	2 826 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 000	14 000	17 000	20 000
Real Eastate	0	24 000	24 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	24 000	0	0	0
Total Tangible Assets	24 000	24 000	24 000	0
Total Fiancial Fixed Assets	452 000	496 000	486 000	486 000
Total Fixed Assets	486 000	533 000	526 000	506 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 734 000	4 216 000	3 498 000	3 549 000
Total Current Assets	4 870 000	4 262 000	3 549 000	3 557 000
Total Assets	5 356 000	4 796 000	4 075 000	4 062 000
Total Equity	2 181 000	1 063 000	1 454 000	31 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	6 000	2 000	66 000
Unpaid Taxes	130 000	116 000	123 000	119 000
Dividends	2 000 000	4 020 000	1 500 000	2 835 000
Other Current Debt	172 000	165 000	165 000	189 000
Total Current Debt	3 175 000	3 732 000	2 621 000	4 032 000
Total Equity and Debt	5 356 000	4 796 000	4 075 000	4 062 000

Financial indicators	2022	2021	2020	2019
Return on Equity	142,96 %	341,39 %	201,03 %	9 116,13 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	57,95 %	57,24 %	58,41 %	55,7 %
Current Ratio	1,53	1,14	1,35	0,88
Quick Ratio	1,53	1,14	1,35	0,88
Equity Ratio	0,41	0,22	0,36	0,01
Gross Profit Margin	96,96 %	95,97 %	96,52 %	96,68 %