LÅSESMED E. HAUGAN AS

3182 HORTEN

Finances

Share Ownership

Return on Equity

14,15 %

Current Ratio

5,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 622 000	9 463 000	8 591 000	8 762 000
Net Income	797 000	1 008 000	572 000	539 000
Total Assets	6 738 000	7 233 000	6 514 000	6 805 000
Total Equity	5 631 000	4 834 000	5 026 000	4 455 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 622 000	9 463 000	8 591 000	8 762 000
Expenditure	8 602 000	8 172 000	7 860 000	8 074 000
Operating Profit	1 020 000	1 290 000	729 000	689 000
Financial Income	3 000	4 000	5 000	5 000
Financial Costs	1 000	1 000	2 000	2 000
Financial Balance	2 000	3 000	3 000	3 000
Earnings Before Tax	1 022 000	1 292 000	733 000	692 000
Tax	225 000	285 000	161 000	152 000
Net Income	797 000	1 008 000	572 000	539 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 010 000	284 000	221 000	74 000
Total Current Assets	5 728 000	6 948 000	6 293 000	6 731 000
Total Assets	6 738 000	7 233 000	6 514 000	6 805 000
Total Retained Equity	5 131 000	4 334 000	4 526 000	3 955 000
Total Equity	5 631 000	4 834 000	5 026 000	4 455 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 106 000	2 399 000	1 488 000	2 350 000
Total Equity and Debt	6 738 000	7 233 000	6 514 000	6 805 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 622 000	9 463 000	8 591 000	8 762 000
Other Income	0	0	0	0
Revenue	9 622 000	9 463 000	8 591 000	8 762 000
Cost of Goods Sold	3 787 000	4 150 000	3 969 000	3 643 000
Salary Costs	3 233 000	2 891 000	2 685 000	2 749 000
Depreciation	124 000	53 000	44 000	57 000
Impairment	0	0	0	0
Expenditure	8 602 000	8 172 000	7 860 000	8 074 000
Operating Profit	1 020 000	1 290 000	729 000	689 000
Financial Income	3 000	4 000	5 000	5 000
Financial Costs	1 000	1 000	2 000	2 000
Financial Balance	2 000	3 000	3 000	3 000
Dividends	0	0	0	0
Net Income	797 000	1 008 000	572 000	539 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 000	26 000	48 000	55 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	545 000	0	0	0
Fixtures	259 000	258 000	173 000	20 000
Total Tangible Assets	804 000	258 000	173 000	20 000
Total Fiancial Fixed Assets	200 000	0	0	0
Total Fixed Assets	1 010 000	284 000	221 000	74 000
Stock	2 472 000	2 180 000	2 274 000	2 252 000
Total Investments	0	0	0	0
Cash, Bank	1 545 000	2 759 000	2 452 000	2 459 000
Total Current Assets	5 728 000	6 948 000	6 293 000	6 731 000
Total Assets	6 738 000	7 233 000	6 514 000	6 805 000
Total Equity	5 631 000	4 834 000	5 026 000	4 455 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	288 000	828 000	412 000	176 000
Unpaid Taxes	386 000	1 086 000	710 000	994 000
Dividends	0	0	0	0
Other Current Debt	228 000	222 000	211 000	968 000
Total Current Debt	1 106 000	2 399 000	1 488 000	2 350 000
Total Equity and Debt	6 738 000	7 233 000	6 514 000	6 805 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,15 %	20,85 %	11,38 %	12,1 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,6 %	13,63 %	8,49 %	7,86 %
Current Ratio	5,18	2,9	4,23	2,86
Quick Ratio	−4,19	31,73	−8,01	68,68
Equity Ratio	0,84	0,67	0,77	0,65
Gross Profit Margin	60,64 %	56,14 %	53,8 %	58,42 %