LOFOTEN RØRLEGGERSERVICE AS

8370 LEKNES

Finances

Share Ownership

Return on Equity

1,74 %

Current Ratio

2,18

Debt-to-Equity Ratio

0,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 878 000	6 963 000	5 988 000	3 936 000
Net Income	26 000	185 000	455 000	149 000
Total Assets	3 833 000	3 908 000	3 115 000	2 095 000
Total Equity	1 496 000	1 470 000	1 285 000	830 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 878 000	6 963 000	5 988 000	3 936 000
Expenditure	6 787 000	6 673 000	5 361 000	3 707 000
Operating Profit	91 000	290 000	626 000	228 000
Financial Income	1 000	0	4 000	1 000
Financial Costs	58 000	51 000	46 000	38 000
Financial Balance	−57 000	−51 000	−42 000	−37 000
Earnings Before Tax	34 000	239 000	584 000	192 000
Tax	7 000	54 000	129 000	43 000
Net Income	26 000	185 000	455 000	149 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 281 000	1 430 000	1 263 000	955 000
Total Current Assets	2 553 000	2 478 000	1 852 000	1 140 000
Total Assets	3 833 000	3 908 000	3 115 000	2 095 000
Total Retained Equity	1 466 000	1 440 000	1 255 000	800 000
Total Equity	1 496 000	1 470 000	1 285 000	830 000
Total Long-Term Debt	1 166 000	1 337 000	1 217 000	781 000
Total Current Debt	1 171 000	1 101 000	613 000	484 000
Total Equity and Debt	3 833 000	3 908 000	3 115 000	2 095 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 837 000	6 682 000	5 988 000	3 936 000
Other Income	41 000	281 000	0	0
Revenue	6 878 000	6 963 000	5 988 000	3 936 000
Cost of Goods Sold	3 993 000	4 266 000	3 162 000	1 991 000
Salary Costs	1 862 000	1 720 000	1 511 000	1 190 000
Depreciation	140 000	138 000	110 000	75 000
Impairment	0	0	0	0
Expenditure	6 787 000	6 673 000	5 361 000	3 707 000
Operating Profit	91 000	290 000	626 000	228 000
Financial Income	1 000	0	4 000	1 000
Financial Costs	58 000	51 000	46 000	38 000
Financial Balance	−57 000	−51 000	−42 000	−37 000
Dividends	0	0	0	0
Net Income	26 000	185 000	455 000	149 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	47 000	49 000	51 000	52 000
Machinery and Plant Facilities	104 000	110 000	130 000	149 000
Fixtures	956 000	1 270 000	1 081 000	739 000
Total Tangible Assets	1 107 000	1 429 000	1 262 000	941 000
Total Fiancial Fixed Assets	173 000	1 000	1 000	14 000
Total Fixed Assets	1 281 000	1 430 000	1 263 000	955 000
Stock	917 000	730 000	629 000	396 000
Total Investments	0	0	0	0
Cash, Bank	71 000	596 000	493 000	379 000
Total Current Assets	2 553 000	2 478 000	1 852 000	1 140 000
Total Assets	3 833 000	3 908 000	3 115 000	2 095 000
Total Equity	1 496 000	1 470 000	1 285 000	830 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 166 000	1 337 000	1 217 000	781 000
Creditors	203 000	576 000	138 000	151 000
Unpaid Taxes	373 000	302 000	228 000	214 000
Dividends	0	0	0	0
Other Current Debt	326 000	208 000	150 000	102 000
Total Current Debt	1 171 000	1 101 000	613 000	484 000
Total Equity and Debt	3 833 000	3 908 000	3 115 000	2 095 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,74 %	12,59 %	35,41 %	17,95 %
Debt-to-Equity Ratio	0,78	0,91	0,95	0,94
Operating Profit Margin	1,32 %	4,16 %	10,45 %	5,79 %
Current Ratio	2,18	2,25	3,02	2,36
Quick Ratio	10,05	6,68	−115,75	12,95
Equity Ratio	0,39	0,38	0,41	0,4
Gross Profit Margin	41,95 %	38,73 %	47,19 %	49,42 %