LILLESTRØM VVS AS

2004 LILLESTRØM

Finances

Return on Equity

144,5 %

Current Ratio

1,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 184 000	3 438 000	4 077 000	2 974 000
Net Income	539 000	278 000	269 000	124 000
Total Assets	1 747 000	1 464 000	1 481 000	1 084 000
Total Equity	373 000	634 000	356 000	215 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 184 000	3 438 000	4 077 000	2 974 000
Expenditure	3 487 000	3 069 000	3 714 000	2 796 000
Operating Profit	697 000	370 000	362 000	177 000
Financial Income	2 000	0	0	0
Financial Costs	6 000	11 000	15 000	17 000
Financial Balance	−4 000	−11 000	−15 000	−17 000
Earnings Before Tax	693 000	358 000	348 000	160 000
Tax	154 000	81 000	79 000	36 000
Net Income	539 000	278 000	269 000	124 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	134 000	194 000	295 000	377 000
Total Current Assets	1 613 000	1 270 000	1 186 000	707 000
Total Assets	1 747 000	1 464 000	1 481 000	1 084 000
Total Retained Equity	349 000	610 000	332 000	191 000
Total Equity	373 000	634 000	356 000	215 000
Total Long-Term Debt	0	201 000	284 000	371 000
Total Current Debt	1 373 000	629 000	841 000	498 000
Total Equity and Debt	1 747 000	1 464 000	1 481 000	1 084 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 184 000	3 435 000	4 076 000	2 973 000
Other Income	0	3 000	0	0
Revenue	4 184 000	3 438 000	4 077 000	2 974 000
Cost of Goods Sold	1 755 000	1 328 000	1 798 000	1 213 000
Salary Costs	1 088 000	1 161 000	1 264 000	1 048 000
Depreciation	126 000	132 000	125 000	114 000
Impairment	0	0	0	0
Expenditure	3 487 000	3 069 000	3 714 000	2 796 000
Operating Profit	697 000	370 000	362 000	177 000
Financial Income	2 000	0	0	0
Financial Costs	6 000	11 000	15 000	17 000
Financial Balance	−4 000	−11 000	−15 000	−17 000
Dividends	600 000	0	128 000	0
Net Income	539 000	278 000	269 000	124 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	25 000	8 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	40 000	166 000	295 000	377 000
Total Tangible Assets	40 000	166 000	295 000	377 000
Total Fiancial Fixed Assets	69 000	20 000	0	0
Total Fixed Assets	134 000	194 000	295 000	377 000
Stock	8 000	4 000	4 000	4 000
Total Investments	0	0	0	0
Cash, Bank	414 000	383 000	768 000	286 000
Total Current Assets	1 613 000	1 270 000	1 186 000	707 000
Total Assets	1 747 000	1 464 000	1 481 000	1 084 000
Total Equity	373 000	634 000	356 000	215 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	201 000	284 000	371 000
Creditors	235 000	180 000	164 000	199 000
Unpaid Taxes	255 000	234 000	324 000	154 000
Dividends	600 000	0	128 000	0
Other Current Debt	113 000	121 000	133 000	109 000
Total Current Debt	1 373 000	629 000	841 000	498 000
Total Equity and Debt	1 747 000	1 464 000	1 481 000	1 084 000

Financial indicators	2022	2021	2020	2019
Return on Equity	144,5 %	43,85 %	75,56 %	57,67 %
Debt-to-Equity Ratio	0	0,32	0,8	1,73
Operating Profit Margin	16,66 %	10,76 %	8,88 %	5,95 %
Current Ratio	1,17	2,02	1,41	1,42
Quick Ratio	1,18	2,03	1,42	1,43
Equity Ratio	0,21	0,43	0,24	0,2
Gross Profit Margin	58,05 %	61,37 %	55,9 %	59,21 %