LØRENSKOG RØRLEGGERBEDRIFT AS

1470 LØRENSKOG

Finances

Share Ownership

Return on Equity

7,26 %

Current Ratio

1,74

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	47 595 000	109 093 000	58 600 000	56 218 000
Net Income	813 000	2 439 000	1 667 000	1 828 000
Total Assets	25 569 000	35 402 000	22 996 000	21 011 000
Total Equity	11 196 000	10 384 000	7 945 000	6 278 000

Income (NOK)	2022	2021	2020	2019
Revenue	47 595 000	109 093 000	58 600 000	56 218 000
Expenditure	46 247 000	105 736 000	56 443 000	53 851 000
Operating Profit	1 348 000	3 356 000	2 157 000	2 367 000
Financial Income	2 000	1 000	8 000	6 000
Financial Costs	303 000	223 000	24 000	11 000
Financial Balance	−301 000	−222 000	−16 000	−5 000
Earnings Before Tax	1 047 000	3 135 000	2 141 000	2 362 000
Tax	235 000	696 000	474 000	534 000
Net Income	813 000	2 439 000	1 667 000	1 828 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	974 000	1 110 000	754 000	634 000
Total Current Assets	24 595 000	34 292 000	22 242 000	20 377 000
Total Assets	25 569 000	35 402 000	22 996 000	21 011 000
Total Retained Equity	11 096 000	10 284 000	7 845 000	6 178 000
Total Equity	11 196 000	10 384 000	7 945 000	6 278 000
Total Long-Term Debt	255 000	0	0	0
Total Current Debt	14 118 000	25 018 000	15 051 000	14 733 000
Total Equity and Debt	25 569 000	35 402 000	22 996 000	21 011 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	47 589 000	109 092 000	58 589 000	56 216 000
Other Income	6 000	1 000	10 000	2 000
Revenue	47 595 000	109 093 000	58 600 000	56 218 000
Cost of Goods Sold	23 031 000	76 575 000	32 308 000	33 174 000
Salary Costs	19 753 000	20 966 000	18 374 000	16 733 000
Depreciation	168 000	130 000	108 000	74 000
Impairment	0	0	0	0
Expenditure	46 247 000	105 736 000	56 443 000	53 851 000
Operating Profit	1 348 000	3 356 000	2 157 000	2 367 000
Financial Income	2 000	1 000	8 000	6 000
Financial Costs	303 000	223 000	24 000	11 000
Financial Balance	−301 000	−222 000	−16 000	−5 000
Dividends	0	0	0	0
Net Income	813 000	2 439 000	1 667 000	1 828 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	578 000	813 000	423 000	283 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	39 000	69 000	99 000	129 000
Fixtures	357 000	215 000	206 000	182 000
Total Tangible Assets	396 000	284 000	305 000	311 000
Total Fiancial Fixed Assets	0	13 000	27 000	40 000
Total Fixed Assets	974 000	1 110 000	754 000	634 000
Stock	678 000	579 000	536 000	405 000
Total Investments	0	0	0	0
Cash, Bank	1 992 000	1 336 000	1 366 000	733 000
Total Current Assets	24 595 000	34 292 000	22 242 000	20 377 000
Total Assets	25 569 000	35 402 000	22 996 000	21 011 000
Total Equity	11 196 000	10 384 000	7 945 000	6 278 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	255 000	0	0	0
Creditors	8 196 000	15 974 000	7 386 000	6 655 000
Unpaid Taxes	2 104 000	3 853 000	2 919 000	3 487 000
Dividends	0	0	0	0
Other Current Debt	3 818 000	4 105 000	4 133 000	4 029 000
Total Current Debt	14 118 000	25 018 000	15 051 000	14 733 000
Total Equity and Debt	25 569 000	35 402 000	22 996 000	21 011 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,26 %	23,49 %	20,98 %	29,12 %
Debt-to-Equity Ratio	0,02	0	0	0
Operating Profit Margin	2,83 %	3,08 %	3,68 %	4,21 %
Current Ratio	1,74	1,37	1,48	1,38
Quick Ratio	1,83	1,4	1,53	1,42
Equity Ratio	0,44	0,29	0,35	0,3
Gross Profit Margin	51,61 %	29,81 %	44,87 %	40,99 %