BRØDRENE LORENTZEN AS

1540 VESTBY

Finances

Return on Equity

26,83 %

Current Ratio

2,2

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	813 206 000	800 079 000	750 688 000	635 002 000
Net Income	115 108 000	120 108 000	100 950 000	70 419 000
Total Assets	643 549 000	626 517 000	629 030 000	606 191 000
Total Equity	429 068 000	403 961 000	390 253 000	354 303 000

Income (NOK)	2022	2021	2020	2019
Revenue	813 206 000	800 079 000	750 688 000	635 002 000
Expenditure	776 168 000	754 241 000	700 907 000	615 633 000
Operating Profit	37 037 000	45 836 000	49 781 000	19 370 000
Financial Income	91 058 000	86 963 000	65 397 000	59 674 000
Financial Costs	4 666 000	2 301 000	3 198 000	4 659 000
Financial Balance	86 392 000	84 662 000	62 199 000	55 015 000
Earnings Before Tax	123 430 000	130 498 000	111 981 000	74 384 000
Tax	8 322 000	10 390 000	11 031 000	3 965 000
Net Income	115 108 000	120 108 000	100 950 000	70 419 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	409 830 000	411 738 000	409 837 000	416 682 000
Total Current Assets	233 719 000	214 779 000	219 193 000	189 509 000
Total Assets	643 549 000	626 517 000	629 030 000	606 191 000
Total Retained Equity	308 068 000	282 961 000	269 253 000	233 303 000
Total Equity	429 068 000	403 961 000	390 253 000	354 303 000
Total Long-Term Debt	108 407 000	120 556 000	133 113 000	157 276 000
Total Current Debt	106 073 000	102 001 000	105 663 000	94 612 000
Total Equity and Debt	643 549 000	626 517 000	629 030 000	606 191 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	801 785 000	789 939 000	740 644 000	625 180 000
Other Income	11 421 000	10 140 000	10 044 000	9 822 000
Revenue	813 206 000	800 079 000	750 688 000	635 002 000
Cost of Goods Sold	556 528 000	545 106 000	512 621 000	445 638 000
Salary Costs	81 765 000	79 265 000	70 200 000	70 275 000
Depreciation	12 266 000	12 050 000	10 606 000	9 959 000
Impairment	0	352 000	0	0
Expenditure	776 168 000	754 241 000	700 907 000	615 633 000
Operating Profit	37 037 000	45 836 000	49 781 000	19 370 000
Financial Income	91 058 000	86 963 000	65 397 000	59 674 000
Financial Costs	4 666 000	2 301 000	3 198 000	4 659 000
Financial Balance	86 392 000	84 662 000	62 199 000	55 015 000
Dividends	0	0	0	0
Net Income	115 108 000	120 108 000	100 950 000	70 419 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	3 392 000
Real Eastate	161 424 000	166 232 000	164 570 000	167 587 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	20 517 000	17 917 000	17 678 000	19 313 000
Total Tangible Assets	181 941 000	184 149 000	182 248 000	186 901 000
Total Fiancial Fixed Assets	227 889 000	227 589 000	227 589 000	226 389 000
Total Fixed Assets	409 830 000	411 738 000	409 837 000	416 682 000
Stock	65 600 000	57 400 000	45 100 000	56 170 000
Total Investments	3 902 000	4 859 000	4 785 000	4 893 000
Cash, Bank	48 686 000	37 343 000	69 860 000	63 175 000
Total Current Assets	233 719 000	214 779 000	219 193 000	189 509 000
Total Assets	643 549 000	626 517 000	629 030 000	606 191 000
Total Equity	429 068 000	403 961 000	390 253 000	354 303 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	108 407 000	120 556 000	133 113 000	157 276 000
Creditors	64 851 000	58 526 000	71 867 000	60 829 000
Unpaid Taxes	23 713 000	22 760 000	20 813 000	20 750 000
Dividends	0	0	0	0
Other Current Debt	8 518 000	9 494 000	8 675 000	7 081 000
Total Current Debt	106 073 000	102 001 000	105 663 000	94 612 000
Total Equity and Debt	643 549 000	626 517 000	629 030 000	606 191 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,83 %	29,73 %	25,87 %	19,88 %
Debt-to-Equity Ratio	0,25	0,3	0,34	0,44
Operating Profit Margin	4,55 %	5,73 %	6,63 %	3,05 %
Current Ratio	2,2	2,11	2,07	2
Quick Ratio	5,77	4,82	3,62	4,93
Equity Ratio	0,67	0,64	0,62	0,58
Gross Profit Margin	31,56 %	31,87 %	31,71 %	29,82 %