LOTE ELEKTRO AS

6823 SANDANE

Finances

Return on Equity

19,33 %

Current Ratio

2,48

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 008 000	9 957 000	7 908 000	11 357 000
Net Income	642 000	1 005 000	924 000	1 860 000
Total Assets	5 501 000	5 466 000	5 239 000	6 400 000
Total Equity	3 321 000	3 279 000	3 124 000	3 307 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 008 000	9 957 000	7 908 000	11 357 000
Expenditure	10 160 000	8 691 000	6 747 000	9 029 000
Operating Profit	849 000	1 267 000	1 160 000	2 328 000
Financial Income	12 000	5 000	21 000	46 000
Financial Costs	0	0	2 000	2 000
Financial Balance	12 000	5 000	19 000	44 000
Earnings Before Tax	860 000	1 272 000	1 180 000	2 372 000
Tax	218 000	267 000	256 000	513 000
Net Income	642 000	1 005 000	924 000	1 860 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	93 000	212 000	317 000	381 000
Total Current Assets	5 408 000	5 255 000	4 923 000	6 019 000
Total Assets	5 501 000	5 466 000	5 239 000	6 400 000
Total Retained Equity	3 221 000	3 179 000	3 024 000	3 207 000
Total Equity	3 321 000	3 279 000	3 124 000	3 307 000
Total Long-Term Debt	0	12 000	0	0
Total Current Debt	2 181 000	2 176 000	2 115 000	3 093 000
Total Equity and Debt	5 501 000	5 466 000	5 239 000	6 400 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 008 000	9 841 000	7 800 000	11 292 000
Other Income	0	117 000	108 000	65 000
Revenue	11 008 000	9 957 000	7 908 000	11 357 000
Cost of Goods Sold	5 170 000	4 593 000	2 980 000	4 458 000
Salary Costs	3 493 000	3 052 000	2 703 000	3 603 000
Depreciation	119 000	105 000	98 000	92 000
Impairment	0	0	0	0
Expenditure	10 160 000	8 691 000	6 747 000	9 029 000
Operating Profit	849 000	1 267 000	1 160 000	2 328 000
Financial Income	12 000	5 000	21 000	46 000
Financial Costs	0	0	2 000	2 000
Financial Balance	12 000	5 000	19 000	44 000
Dividends	600 000	850 000	1 107 000	1 000 000
Net Income	642 000	1 005 000	924 000	1 860 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	88 000	207 000	312 000	370 000
Total Tangible Assets	88 000	207 000	312 000	370 000
Total Fiancial Fixed Assets	5 000	5 000	5 000	11 000
Total Fixed Assets	93 000	212 000	317 000	381 000
Stock	731 000	608 000	586 000	369 000
Total Investments	0	0	0	0
Cash, Bank	2 145 000	2 271 000	3 002 000	4 345 000
Total Current Assets	5 408 000	5 255 000	4 923 000	6 019 000
Total Assets	5 501 000	5 466 000	5 239 000	6 400 000
Total Equity	3 321 000	3 279 000	3 124 000	3 307 000
Short-Term Group Debt	74 000	25 000	0	0
Total Long-Term Debt	0	12 000	0	0
Creditors	292 000	266 000	165 000	659 000
Unpaid Taxes	659 000	451 000	553 000	595 000
Dividends	600 000	850 000	1 107 000	1 000 000
Other Current Debt	327 000	329 000	342 000	327 000
Total Current Debt	2 181 000	2 176 000	2 115 000	3 093 000
Total Equity and Debt	5 501 000	5 466 000	5 239 000	6 400 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,33 %	30,65 %	29,58 %	56,24 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,71 %	12,72 %	14,67 %	20,5 %
Current Ratio	2,48	2,41	2,33	1,95
Quick Ratio	3,73	3,35	3,22	2,21
Equity Ratio	0,6	0,6	0,6	0,52
Gross Profit Margin	53,03 %	53,87 %	62,32 %	60,75 %