JR LARSEN VVS AS

6390 VESTNES

Finances

Return on Equity

39,39 %

Current Ratio

1,26

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 931 000	1 521 000	1 981 000	1 660 000
Net Income	182 000	−154 000	315 000	218 000
Total Assets	990 000	668 000	1 233 000	1 073 000
Total Equity	462 000	279 000	433 000	319 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 931 000	1 521 000	1 981 000	1 660 000
Expenditure	1 736 000	1 700 000	1 599 000	1 382 000
Operating Profit	195 000	−178 000	382 000	279 000
Financial Income	10 000	6 000	17 000	0
Financial Costs	1 000	0	0	0
Financial Balance	9 000	6 000	17 000	0
Earnings Before Tax	204 000	−172 000	399 000	279 000
Tax	22 000	−18 000	84 000	62 000
Net Income	182 000	−154 000	315 000	218 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	336 000	376 000	479 000	582 000
Total Current Assets	654 000	292 000	753 000	491 000
Total Assets	990 000	668 000	1 233 000	1 073 000
Total Retained Equity	162 000	−21 000	133 000	19 000
Total Equity	462 000	279 000	433 000	319 000
Total Long-Term Debt	11 000	0	18 000	17 000
Total Current Debt	518 000	389 000	781 000	738 000
Total Equity and Debt	990 000	668 000	1 233 000	1 073 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 931 000	1 481 000	1 981 000	1 660 000
Other Income	0	40 000	0	0
Revenue	1 931 000	1 521 000	1 981 000	1 660 000
Cost of Goods Sold	700 000	543 000	637 000	735 000
Salary Costs	736 000	858 000	665 000	392 000
Depreciation	109 000	103 000	103 000	72 000
Impairment	0	0	0	0
Expenditure	1 736 000	1 700 000	1 599 000	1 382 000
Operating Profit	195 000	−178 000	382 000	279 000
Financial Income	10 000	6 000	17 000	0
Financial Costs	1 000	0	0	0
Financial Balance	9 000	6 000	17 000	0
Dividends	0	0	200 000	140 000
Net Income	182 000	−154 000	315 000	218 000

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	20 000	20 000	20 000	20 000
Fixtures	261 000	301 000	404 000	507 000
Total Tangible Assets	281 000	321 000	424 000	527 000
Total Fiancial Fixed Assets	55 000	55 000	55 000	55 000
Total Fixed Assets	336 000	376 000	479 000	582 000
Stock	228 000	142 000	132 000	79 000
Total Investments	0	0	0	0
Cash, Bank	301 000	91 000	400 000	159 000
Total Current Assets	654 000	292 000	753 000	491 000
Total Assets	990 000	668 000	1 233 000	1 073 000
Total Equity	462 000	279 000	433 000	319 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 000	0	18 000	17 000
Creditors	48 000	21 000	70 000	89 000
Unpaid Taxes	52 000	111 000	132 000	97 000
Dividends	0	0	200 000	140 000
Other Current Debt	408 000	257 000	296 000	373 000
Total Current Debt	518 000	389 000	781 000	738 000
Total Equity and Debt	990 000	668 000	1 233 000	1 073 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,39 %	−55,2 %	72,75 %	68,34 %
Debt-to-Equity Ratio	0,02	0	0,04	0,05
Operating Profit Margin	10,1 %	−11,7 %	19,28 %	16,81 %
Current Ratio	1,26	0,75	0,96	0,67
Quick Ratio	2,26	1,18	1,16	0,75
Equity Ratio	0,47	0,42	0,35	0,3
Gross Profit Margin	63,75 %	64,3 %	67,84 %	55,72 %