LUDVIG ANDERSEN AS

1630 GAMLE FREDRIKSTAD

Finances

Return on Equity

21,79 %

Current Ratio

2,11

Debt-to-Equity Ratio

0,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	300 043 000	266 671 000	237 899 000	235 422 000
Net Income	17 432 000	15 987 000	11 422 000	10 654 000
Total Assets	188 762 000	188 625 000	155 515 000	145 613 000
Total Equity	80 015 000	77 319 000	63 454 000	80 663 000

Income (NOK)	2022	2021	2020	2019
Revenue	300 043 000	266 671 000	237 899 000	235 422 000
Expenditure	275 065 000	248 066 000	224 023 000	223 870 000
Operating Profit	24 979 000	18 605 000	13 875 000	11 551 000
Financial Income	1 408 000	2 614 000	2 125 000	2 655 000
Financial Costs	3 863 000	1 436 000	1 345 000	1 004 000
Financial Balance	−2 455 000	1 178 000	780 000	1 651 000
Earnings Before Tax	22 524 000	19 783 000	14 656 000	13 202 000
Tax	5 091 000	3 796 000	3 234 000	2 548 000
Net Income	17 432 000	15 987 000	11 422 000	10 654 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	82 090 000	81 939 000	68 843 000	64 159 000
Total Current Assets	106 672 000	106 686 000	86 672 000	81 454 000
Total Assets	188 762 000	188 625 000	155 515 000	145 613 000
Total Retained Equity	58 624 000	55 273 000	31 876 000	80 563 000
Total Equity	80 015 000	77 319 000	63 454 000	80 663 000
Total Long-Term Debt	58 147 000	60 042 000	53 697 000	29 205 000
Total Current Debt	50 599 000	51 264 000	38 365 000	35 745 000
Total Equity and Debt	188 762 000	188 625 000	155 515 000	145 613 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	298 253 000	266 021 000	237 457 000	233 411 000
Other Income	1 790 000	650 000	442 000	2 011 000
Revenue	300 043 000	266 671 000	237 899 000	235 422 000
Cost of Goods Sold	167 308 000	143 782 000	134 699 000	132 151 000
Salary Costs	72 462 000	66 491 000	59 714 000	61 207 000
Depreciation	4 550 000	4 680 000	4 530 000	5 147 000
Impairment	0	0	0	0
Expenditure	275 065 000	248 066 000	224 023 000	223 870 000
Operating Profit	24 979 000	18 605 000	13 875 000	11 551 000
Financial Income	1 408 000	2 614 000	2 125 000	2 655 000
Financial Costs	3 863 000	1 436 000	1 345 000	1 004 000
Financial Balance	−2 455 000	1 178 000	780 000	1 651 000
Dividends	0	0	0	4 350 000
Net Income	17 432 000	15 987 000	11 422 000	10 654 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	531 000	708 000	0	0
Total Intangible Assets	531 000	708 000	0	0
Real Eastate	71 498 000	64 270 000	51 785 000	53 746 000
Machinery and Plant Facilities	3 218 000	4 176 000	4 507 000	5 466 000
Fixtures	780 000	715 000	825 000	1 132 000
Total Tangible Assets	75 496 000	69 160 000	57 118 000	60 344 000
Total Fiancial Fixed Assets	6 063 000	12 070 000	11 726 000	3 814 000
Total Fixed Assets	82 090 000	81 939 000	68 843 000	64 159 000
Stock	0	0	265 000	137 000
Total Investments	19 128 000	20 995 000	19 114 000	17 884 000
Cash, Bank	49 805 000	49 969 000	36 523 000	30 649 000
Total Current Assets	106 672 000	106 686 000	86 672 000	81 454 000
Total Assets	188 762 000	188 625 000	155 515 000	145 613 000
Total Equity	80 015 000	77 319 000	63 454 000	80 663 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	58 147 000	60 042 000	53 697 000	29 205 000
Creditors	28 154 000	26 563 000	16 603 000	19 147 000
Unpaid Taxes	5 497 000	5 539 000	5 018 000	4 575 000
Dividends	0	0	0	4 350 000
Other Current Debt	7 762 000	12 983 000	12 180 000	9 181 000
Total Current Debt	50 599 000	51 264 000	38 365 000	35 745 000
Total Equity and Debt	188 762 000	188 625 000	155 515 000	145 613 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,79 %	20,68 %	18 %	13,21 %
Debt-to-Equity Ratio	0,73	0,78	0,85	0,36
Operating Profit Margin	8,33 %	6,98 %	5,83 %	4,91 %
Current Ratio	2,11	2,08	2,26	2,28
Quick Ratio	2,11	2,08	2,27	2,29
Equity Ratio	0,42	0,41	0,41	0,55
Gross Profit Margin	44,24 %	46,08 %	43,38 %	43,87 %