LARVIK RØRHANDEL AS

3262 LARVIK

Finances

Return on Equity

3,85 %

Current Ratio

1,6

Debt-to-Equity Ratio

0,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	52 591 000	63 687 000	58 625 000	39 246 000
Net Income	259 000	2 844 000	6 011 000	5 133 000
Total Assets	21 573 000	22 937 000	24 013 000	18 490 000
Total Equity	6 736 000	6 477 000	5 633 000	5 122 000

Income (NOK)	2022	2021	2020	2019
Revenue	52 591 000	63 687 000	58 625 000	39 246 000
Expenditure	52 342 000	60 065 000	50 992 000	32 748 000
Operating Profit	249 000	3 623 000	7 633 000	6 496 000
Financial Income	93 000	32 000	83 000	98 000
Financial Costs	3 000	3 000	5 000	4 000
Financial Balance	90 000	29 000	78 000	94 000
Earnings Before Tax	339 000	3 652 000	7 712 000	6 590 000
Tax	80 000	808 000	1 700 000	1 458 000
Net Income	259 000	2 844 000	6 011 000	5 133 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	312 000	159 000	86 000	87 000
Total Current Assets	21 261 000	22 778 000	23 926 000	18 402 000
Total Assets	21 573 000	22 937 000	24 013 000	18 490 000
Total Retained Equity	6 165 000	5 906 000	5 062 000	4 550 000
Total Equity	6 736 000	6 477 000	5 633 000	5 122 000
Total Long-Term Debt	1 531 000	1 857 000	2 219 000	1 674 000
Total Current Debt	13 306 000	14 603 000	16 160 000	11 694 000
Total Equity and Debt	21 573 000	22 937 000	24 013 000	18 490 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	52 591 000	63 646 000	58 625 000	39 246 000
Other Income	0	41 000	0	0
Revenue	52 591 000	63 687 000	58 625 000	39 246 000
Cost of Goods Sold	29 726 000	37 865 000	28 608 000	11 927 000
Salary Costs	16 641 000	16 895 000	17 221 000	16 185 000
Depreciation	84 000	37 000	24 000	34 000
Impairment	0	0	0	0
Expenditure	52 342 000	60 065 000	50 992 000	32 748 000
Operating Profit	249 000	3 623 000	7 633 000	6 496 000
Financial Income	93 000	32 000	83 000	98 000
Financial Costs	3 000	3 000	5 000	4 000
Financial Balance	90 000	29 000	78 000	94 000
Dividends	0	2 000 000	5 500 000	5 125 000
Net Income	259 000	2 844 000	6 011 000	5 133 000

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	273 000	120 000	47 000	48 000
Total Tangible Assets	273 000	120 000	47 000	48 000
Total Fiancial Fixed Assets	39 000	39 000	39 000	39 000
Total Fixed Assets	312 000	159 000	86 000	87 000
Stock	1 279 000	989 000	1 000 000	992 000
Total Investments	0	0	0	0
Cash, Bank	6 755 000	10 426 000	13 703 000	11 473 000
Total Current Assets	21 261 000	22 778 000	23 926 000	18 402 000
Total Assets	21 573 000	22 937 000	24 013 000	18 490 000
Total Equity	6 736 000	6 477 000	5 633 000	5 122 000
Short-Term Group Debt	4 151 000	1 302 000	0	0
Total Long-Term Debt	1 531 000	1 857 000	2 219 000	1 674 000
Creditors	2 183 000	5 471 000	2 612 000	1 647 000
Unpaid Taxes	1 745 000	2 703 000	2 261 000	2 222 000
Dividends	0	2 000 000	5 500 000	5 125 000
Other Current Debt	4 820 000	1 957 000	4 631 000	2 760 000
Total Current Debt	13 306 000	14 603 000	16 160 000	11 694 000
Total Equity and Debt	21 573 000	22 937 000	24 013 000	18 490 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,85 %	43,91 %	106,71 %	100,21 %
Debt-to-Equity Ratio	0,23	0,29	0,39	0,33
Operating Profit Margin	0,47 %	5,69 %	13,02 %	16,55 %
Current Ratio	1,6	1,56	1,48	1,57
Quick Ratio	1,77	1,67	1,58	1,72
Equity Ratio	0,31	0,28	0,23	0,28
Gross Profit Margin	43,48 %	40,55 %	51,2 %	69,61 %