LOS VARMEPUMPE VESTLAND AS

5590 ETNE

Finances

Return on Equity

64,34 %

Current Ratio

1,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 380 000	9 018 000	6 795 000	6 161 000
Net Income	1 124 000	1 156 000	814 000	855 000
Total Assets	4 344 000	3 572 000	2 503 000	2 384 000
Total Equity	1 747 000	623 000	567 000	503 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 380 000	9 018 000	6 795 000	6 161 000
Expenditure	9 942 000	7 535 000	5 755 000	5 061 000
Operating Profit	1 439 000	1 483 000	1 040 000	1 099 000
Financial Income	6 000	5 000	5 000	4 000
Financial Costs	2 000	0	2 000	4 000
Financial Balance	4 000	5 000	3 000	0
Earnings Before Tax	1 443 000	1 488 000	1 043 000	1 099 000
Tax	319 000	331 000	229 000	244 000
Net Income	1 124 000	1 156 000	814 000	855 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	246 000	279 000	177 000	124 000
Total Current Assets	4 098 000	3 293 000	2 326 000	2 260 000
Total Assets	4 344 000	3 572 000	2 503 000	2 384 000
Total Retained Equity	1 717 000	593 000	537 000	473 000
Total Equity	1 747 000	623 000	567 000	503 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 597 000	2 949 000	1 936 000	1 881 000
Total Equity and Debt	4 344 000	3 572 000	2 503 000	2 384 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 380 000	9 039 000	6 795 000	6 161 000
Other Income	0	−21 000	0	0
Revenue	11 380 000	9 018 000	6 795 000	6 161 000
Cost of Goods Sold	6 212 000	4 556 000	3 210 000	2 800 000
Salary Costs	2 299 000	1 612 000	1 493 000	1 221 000
Depreciation	64 000	88 000	52 000	40 000
Impairment	0	0	0	0
Expenditure	9 942 000	7 535 000	5 755 000	5 061 000
Operating Profit	1 439 000	1 483 000	1 040 000	1 099 000
Financial Income	6 000	5 000	5 000	4 000
Financial Costs	2 000	0	2 000	4 000
Financial Balance	4 000	5 000	3 000	0
Dividends	0	1 100 000	750 000	700 000
Net Income	1 124 000	1 156 000	814 000	855 000

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	18 000	24 000	82 000	122 000
Fixtures	198 000	256 000	94 000	0
Total Tangible Assets	216 000	279 000	177 000	122 000
Total Fiancial Fixed Assets	30 000	0	0	2 000
Total Fixed Assets	246 000	279 000	177 000	124 000
Stock	686 000	398 000	545 000	832 000
Total Investments	0	0	0	0
Cash, Bank	2 123 000	1 841 000	1 460 000	1 335 000
Total Current Assets	4 098 000	3 293 000	2 326 000	2 260 000
Total Assets	4 344 000	3 572 000	2 503 000	2 384 000
Total Equity	1 747 000	623 000	567 000	503 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 385 000	835 000	436 000	652 000
Unpaid Taxes	633 000	426 000	350 000	136 000
Dividends	0	1 100 000	750 000	700 000
Other Current Debt	259 000	257 000	171 000	149 000
Total Current Debt	2 597 000	2 949 000	1 936 000	1 881 000
Total Equity and Debt	4 344 000	3 572 000	2 503 000	2 384 000

Financial indicators	2022	2021	2020	2019
Return on Equity	64,34 %	185,55 %	143,56 %	169,98 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,64 %	16,44 %	15,31 %	17,84 %
Current Ratio	1,58	1,12	1,2	1,2
Quick Ratio	2,14	1,29	1,67	2,15
Equity Ratio	0,4	0,17	0,23	0,21
Gross Profit Margin	45,41 %	49,48 %	52,76 %	54,55 %