LÅGEN ELEKTRO AS

2634 FÅVANG

Finances

Return on Equity

7,97 %

Current Ratio

3,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 251 000	2 756 000	4 446 000	2 791 000
Net Income	204 000	738 000	771 000	311 000
Total Assets	2 951 000	3 210 000	4 773 000	2 068 000
Total Equity	2 561 000	2 358 000	1 985 000	1 214 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 251 000	2 756 000	4 446 000	2 791 000
Expenditure	2 681 000	2 466 000	3 445 000	2 385 000
Operating Profit	570 000	290 000	1 000 000	406 000
Financial Income	68 000	562 000	16 000	4 000
Financial Costs	312 000	20 000	27 000	10 000
Financial Balance	−244 000	542 000	−11 000	−6 000
Earnings Before Tax	326 000	832 000	989 000	400 000
Tax	122 000	95 000	218 000	89 000
Net Income	204 000	738 000	771 000	311 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 472 000	1 860 000	2 962 000	476 000
Total Current Assets	1 479 000	1 350 000	1 811 000	1 592 000
Total Assets	2 951 000	3 210 000	4 773 000	2 068 000
Total Retained Equity	2 531 000	2 328 000	1 955 000	1 184 000
Total Equity	2 561 000	2 358 000	1 985 000	1 214 000
Total Long-Term Debt	4 000	0	1 870 000	0
Total Current Debt	386 000	852 000	918 000	854 000
Total Equity and Debt	2 951 000	3 210 000	4 773 000	2 068 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 151 000	2 603 000	4 446 000	2 731 000
Other Income	100 000	153 000	0	60 000
Revenue	3 251 000	2 756 000	4 446 000	2 791 000
Cost of Goods Sold	1 657 000	1 248 000	2 280 000	1 165 000
Salary Costs	510 000	580 000	516 000	686 000
Depreciation	36 000	5 000	4 000	0
Impairment	0	0	0	0
Expenditure	2 681 000	2 466 000	3 445 000	2 385 000
Operating Profit	570 000	290 000	1 000 000	406 000
Financial Income	68 000	562 000	16 000	4 000
Financial Costs	312 000	20 000	27 000	10 000
Financial Balance	−244 000	542 000	−11 000	−6 000
Dividends	0	0	0	0
Net Income	204 000	738 000	771 000	311 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	2 210 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	183 000	21 000	27 000	0
Total Tangible Assets	183 000	21 000	2 237 000	0
Total Fiancial Fixed Assets	1 288 000	1 839 000	725 000	476 000
Total Fixed Assets	1 472 000	1 860 000	2 962 000	476 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 424 000	1 322 000	1 519 000	967 000
Total Current Assets	1 479 000	1 350 000	1 811 000	1 592 000
Total Assets	2 951 000	3 210 000	4 773 000	2 068 000
Total Equity	2 561 000	2 358 000	1 985 000	1 214 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	0	1 870 000	0
Creditors	50 000	127 000	270 000	380 000
Unpaid Taxes	134 000	158 000	171 000	118 000
Dividends	0	0	0	0
Other Current Debt	83 000	472 000	259 000	268 000
Total Current Debt	386 000	852 000	918 000	854 000
Total Equity and Debt	2 951 000	3 210 000	4 773 000	2 068 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,97 %	31,3 %	38,84 %	25,62 %
Debt-to-Equity Ratio	0	0	0,94	0
Operating Profit Margin	17,53 %	10,52 %	22,49 %	14,55 %
Current Ratio	3,83	1,58	1,97	1,86
Quick Ratio	3,83	1,58	1,97	1,86
Equity Ratio	0,87	0,73	0,42	0,59
Gross Profit Margin	49,03 %	54,72 %	48,72 %	58,26 %