LINDESNES ELEKTRO AS

4520 LINDESNES

Finances

Share Ownership

Return on Equity

20,79 %

Current Ratio

1,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 439 000	15 877 000	14 647 000	14 255 000
Net Income	582 000	515 000	842 000	1 166 000
Total Assets	5 650 000	6 674 000	6 537 000	7 167 000
Total Equity	2 800 000	2 219 000	2 904 000	2 962 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 439 000	15 877 000	14 647 000	14 255 000
Expenditure	14 699 000	15 237 000	13 585 000	12 778 000
Operating Profit	740 000	640 000	1 063 000	1 478 000
Financial Income	5 000	20 000	17 000	18 000
Financial Costs	0	1 000	0	1 000
Financial Balance	5 000	19 000	17 000	17 000
Earnings Before Tax	746 000	660 000	1 080 000	1 495 000
Tax	164 000	145 000	237 000	329 000
Net Income	582 000	515 000	842 000	1 166 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	270 000	296 000	374 000	144 000
Total Current Assets	5 380 000	6 378 000	6 162 000	7 023 000
Total Assets	5 650 000	6 674 000	6 537 000	7 167 000
Total Retained Equity	2 770 000	2 189 000	2 874 000	2 932 000
Total Equity	2 800 000	2 219 000	2 904 000	2 962 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 849 000	4 455 000	3 632 000	4 205 000
Total Equity and Debt	5 650 000	6 674 000	6 537 000	7 167 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 437 000	15 874 000	14 642 000	14 252 000
Other Income	2 000	3 000	5 000	3 000
Revenue	15 439 000	15 877 000	14 647 000	14 255 000
Cost of Goods Sold	7 839 000	6 842 000	6 402 000	5 915 000
Salary Costs	4 640 000	5 818 000	4 569 000	4 458 000
Depreciation	81 000	88 000	61 000	42 000
Impairment	0	0	0	0
Expenditure	14 699 000	15 237 000	13 585 000	12 778 000
Operating Profit	740 000	640 000	1 063 000	1 478 000
Financial Income	5 000	20 000	17 000	18 000
Financial Costs	0	1 000	0	1 000
Financial Balance	5 000	19 000	17 000	17 000
Dividends	0	1 200 000	900 000	1 200 000
Net Income	582 000	515 000	842 000	1 166 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	75 000	68 000	59 000	27 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	194 000	228 000	316 000	117 000
Total Tangible Assets	194 000	228 000	316 000	117 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	270 000	296 000	374 000	144 000
Stock	951 000	946 000	943 000	946 000
Total Investments	0	0	0	0
Cash, Bank	1 068 000	2 236 000	2 036 000	2 525 000
Total Current Assets	5 380 000	6 378 000	6 162 000	7 023 000
Total Assets	5 650 000	6 674 000	6 537 000	7 167 000
Total Equity	2 800 000	2 219 000	2 904 000	2 962 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	922 000	550 000	657 000	380 000
Unpaid Taxes	608 000	1 591 000	844 000	1 092 000
Dividends	0	1 200 000	900 000	1 200 000
Other Current Debt	1 148 000	2 160 000	961 000	1 195 000
Total Current Debt	2 849 000	4 455 000	3 632 000	4 205 000
Total Equity and Debt	5 650 000	6 674 000	6 537 000	7 167 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,79 %	23,21 %	28,99 %	39,37 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,79 %	4,03 %	7,26 %	10,37 %
Current Ratio	1,89	1,43	1,7	1,67
Quick Ratio	2,83	1,82	2,29	2,15
Equity Ratio	0,5	0,33	0,44	0,41
Gross Profit Margin	49,23 %	56,91 %	56,29 %	58,51 %