LÅSESMEDEN FINNSNES AS

9300 FINNSNES

Finances

Share Ownership

Return on Equity

59,51 %

Current Ratio

2,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 696 000	12 569 000	10 697 000	12 029 000
Net Income	3 269 000	3 295 000	2 485 000	2 758 000
Total Assets	10 439 000	10 843 000	6 077 000	7 670 000
Total Equity	5 493 000	4 174 000	3 843 000	5 358 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 696 000	12 569 000	10 697 000	12 029 000
Expenditure	7 518 000	8 349 000	7 516 000	8 509 000
Operating Profit	4 178 000	4 221 000	3 181 000	3 520 000
Financial Income	17 000	5 000	8 000	17 000
Financial Costs	1 000	0	2 000	1 000
Financial Balance	16 000	5 000	6 000	16 000
Earnings Before Tax	4 194 000	4 225 000	3 187 000	3 536 000
Tax	925 000	931 000	702 000	778 000
Net Income	3 269 000	3 295 000	2 485 000	2 758 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	196 000	255 000	212 000	300 000
Total Current Assets	10 243 000	10 588 000	5 865 000	7 370 000
Total Assets	10 439 000	10 843 000	6 077 000	7 670 000
Total Retained Equity	5 393 000	4 074 000	3 743 000	5 258 000
Total Equity	5 493 000	4 174 000	3 843 000	5 358 000
Total Long-Term Debt	0	0	0	4 000
Total Current Debt	4 946 000	6 669 000	2 234 000	2 308 000
Total Equity and Debt	10 439 000	10 843 000	6 077 000	7 670 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 691 000	12 564 000	10 566 000	12 020 000
Other Income	5 000	6 000	131 000	9 000
Revenue	11 696 000	12 569 000	10 697 000	12 029 000
Cost of Goods Sold	3 257 000	4 231 000	3 342 000	3 872 000
Salary Costs	2 684 000	2 455 000	2 527 000	2 830 000
Depreciation	62 000	62 000	92 000	80 000
Impairment	0	0	0	0
Expenditure	7 518 000	8 349 000	7 516 000	8 509 000
Operating Profit	4 178 000	4 221 000	3 181 000	3 520 000
Financial Income	17 000	5 000	8 000	17 000
Financial Costs	1 000	0	2 000	1 000
Financial Balance	16 000	5 000	6 000	16 000
Dividends	0	0	0	0
Net Income	3 269 000	3 295 000	2 485 000	2 758 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 000	3 000	4 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	12 000	14 000	17 000	37 000
Fixtures	179 000	238 000	191 000	263 000
Total Tangible Assets	191 000	253 000	208 000	300 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	196 000	255 000	212 000	300 000
Stock	1 015 000	679 000	582 000	1 093 000
Total Investments	0	0	0	0
Cash, Bank	5 696 000	6 514 000	4 033 000	5 163 000
Total Current Assets	10 243 000	10 588 000	5 865 000	7 370 000
Total Assets	10 439 000	10 843 000	6 077 000	7 670 000
Total Equity	5 493 000	4 174 000	3 843 000	5 358 000
Short-Term Group Debt	2 500 000	3 800 000	0	0
Total Long-Term Debt	0	0	0	4 000
Creditors	641 000	858 000	589 000	706 000
Unpaid Taxes	760 000	947 000	559 000	395 000
Dividends	0	0	0	0
Other Current Debt	667 000	971 000	376 000	428 000
Total Current Debt	4 946 000	6 669 000	2 234 000	2 308 000
Total Equity and Debt	10 439 000	10 843 000	6 077 000	7 670 000

Financial indicators	2022	2021	2020	2019
Return on Equity	59,51 %	78,94 %	64,66 %	51,47 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	35,72 %	33,58 %	29,74 %	29,26 %
Current Ratio	2,07	1,59	2,63	3,19
Quick Ratio	2,61	1,77	3,55	6,07
Equity Ratio	0,53	0,38	0,63	0,7
Gross Profit Margin	72,15 %	66,34 %	68,76 %	67,81 %