LILLESTRØM RØR AS

1900 FETSUND

Finances

Return on Equity

29,22 %

Current Ratio

1,4

Debt-to-Equity Ratio

0,63

Key figures (NOK)	2022	2021	2020
Revenue	6 854 000	6 649 000	1 171 000
Net Income	218 000	319 000	179 000
Total Assets	2 501 000	1 640 000	230 000
Total Equity	746 000	528 000	209 000

Income (NOK)	2022	2021	2020
Revenue	6 854 000	6 649 000	1 171 000
Expenditure	6 547 000	6 233 000	942 000
Operating Profit	307 000	415 000	229 000
Financial Income	3 000	0	1 000
Financial Costs	19 000	1 000	0
Financial Balance	−16 000	−1 000	1 000
Earnings Before Tax	291 000	415 000	230 000
Tax	73 000	96 000	51 000
Net Income	218 000	319 000	179 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	698 000	199 000	0
Total Current Assets	1 803 000	1 441 000	230 000
Total Assets	2 501 000	1 640 000	230 000
Total Retained Equity	716 000	498 000	179 000
Total Equity	746 000	528 000	209 000
Total Long-Term Debt	468 000	1 000	1 000
Total Current Debt	1 287 000	1 110 000	20 000
Total Equity and Debt	2 501 000	1 640 000	230 000

Cash flow (NOK)	2022	2021	2020
Sales Income	6 972 000	6 649 000	1 171 000
Other Income	−117 000	0	0
Revenue	6 854 000	6 649 000	1 171 000
Cost of Goods Sold	3 171 000	4 226 000	552 000
Salary Costs	2 062 000	1 282 000	250 000
Depreciation	69 000	6 000	0
Impairment	0	0	0
Expenditure	6 547 000	6 233 000	942 000
Operating Profit	307 000	415 000	229 000
Financial Income	3 000	0	1 000
Financial Costs	19 000	1 000	0
Financial Balance	−16 000	−1 000	1 000
Dividends	0	0	0
Net Income	218 000	319 000	179 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	568 000	14 000	0
Total Tangible Assets	568 000	14 000	0
Total Fiancial Fixed Assets	130 000	185 000	0
Total Fixed Assets	698 000	199 000	0
Stock	44 000	0	0
Total Investments	0	0	0
Cash, Bank	514 000	138 000	38 000
Total Current Assets	1 803 000	1 441 000	230 000
Total Assets	2 501 000	1 640 000	230 000
Total Equity	746 000	528 000	209 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	468 000	1 000	1 000
Creditors	681 000	715 000	165 000
Unpaid Taxes	341 000	293 000	118 000
Dividends	0	0	0
Other Current Debt	199 000	118 000	31 000
Total Current Debt	1 287 000	1 110 000	20 000
Total Equity and Debt	2 501 000	1 640 000	230 000

Financial indicators	2022	2021	2020
Return on Equity	29,22 %	60,42 %	85,65 %
Debt-to-Equity Ratio	0,63	0	0
Operating Profit Margin	4,48 %	6,24 %	19,56 %
Current Ratio	1,4	1,3	11,5
Quick Ratio	1,45	1,3	11,5
Equity Ratio	0,3	0,32	0,91
Gross Profit Margin	53,74 %	36,44 %	52,86 %