OLUF LORENTZEN AS

1540 VESTBY

Finances

Return on Equity

3,93 %

Current Ratio

1,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	803 015 000	790 777 000	741 549 000	626 136 000
Net Income	4 053 000	12 610 000	14 308 000	−7 087 000
Total Assets	235 512 000	220 345 000	196 250 000	190 533 000
Total Equity	103 124 000	99 070 000	86 460 000	63 182 000

Income (NOK)	2022	2021	2020	2019
Revenue	803 015 000	790 777 000	741 549 000	626 136 000
Expenditure	797 800 000	774 386 000	722 749 000	634 583 000
Operating Profit	5 215 000	16 390 000	18 801 000	−8 447 000
Financial Income	474 000	168 000	233 000	335 000
Financial Costs	434 000	369 000	592 000	943 000
Financial Balance	40 000	−201 000	−359 000	−608 000
Earnings Before Tax	5 255 000	16 188 000	18 442 000	−9 055 000
Tax	1 201 000	3 577 000	4 134 000	−1 967 000
Net Income	4 053 000	12 610 000	14 308 000	−7 087 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 115 000	27 806 000	31 867 000	34 042 000
Total Current Assets	204 397 000	192 539 000	164 383 000	156 491 000
Total Assets	235 512 000	220 345 000	196 250 000	190 533 000
Total Retained Equity	102 624 000	98 570 000	85 960 000	62 682 000
Total Equity	103 124 000	99 070 000	86 460 000	63 182 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	132 388 000	121 275 000	109 790 000	127 351 000
Total Equity and Debt	235 512 000	220 345 000	196 250 000	190 533 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	801 785 000	789 939 000	740 644 000	625 180 000
Other Income	1 230 000	838 000	905 000	956 000
Revenue	803 015 000	790 777 000	741 549 000	626 136 000
Cost of Goods Sold	572 578 000	560 956 000	527 441 000	458 138 000
Salary Costs	78 710 000	76 289 000	68 639 000	68 212 000
Depreciation	7 450 000	7 242 000	6 257 000	5 740 000
Impairment	0	352 000	0	0
Expenditure	797 800 000	774 386 000	722 749 000	634 583 000
Operating Profit	5 215 000	16 390 000	18 801 000	−8 447 000
Financial Income	474 000	168 000	233 000	335 000
Financial Costs	434 000	369 000	592 000	943 000
Financial Balance	40 000	−201 000	−359 000	−608 000
Dividends	0	0	0	0
Net Income	4 053 000	12 610 000	14 308 000	−7 087 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 460 000	2 978 000	2 279 000	9 018 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	20 445 000	17 917 000	17 678 000	19 313 000
Total Tangible Assets	20 445 000	17 917 000	17 678 000	19 313 000
Total Fiancial Fixed Assets	7 210 000	6 910 000	11 910 000	5 710 000
Total Fixed Assets	31 115 000	27 806 000	31 867 000	34 042 000
Stock	65 600 000	57 400 000	45 100 000	56 170 000
Total Investments	0	0	0	0
Cash, Bank	24 927 000	20 082 000	20 212 000	35 154 000
Total Current Assets	204 397 000	192 539 000	164 383 000	156 491 000
Total Assets	235 512 000	220 345 000	196 250 000	190 533 000
Total Equity	103 124 000	99 070 000	86 460 000	63 182 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	65 014 000	58 560 000	72 755 000	60 581 000
Unpaid Taxes	23 221 000	22 885 000	20 398 000	20 347 000
Dividends	0	0	0	0
Other Current Debt	42 470 000	35 553 000	16 637 000	46 423 000
Total Current Debt	132 388 000	121 275 000	109 790 000	127 351 000
Total Equity and Debt	235 512 000	220 345 000	196 250 000	190 533 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,93 %	12,73 %	16,55 %	−11,22 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,65 %	2,07 %	2,54 %	−1,35 %
Current Ratio	1,54	1,59	1,5	1,23
Quick Ratio	3,06	3,01	2,54	2,2
Equity Ratio	0,44	0,45	0,44	0,33
Gross Profit Margin	28,7 %	29,06 %	28,87 %	26,83 %