ESS LARVIK SVEISESERVICE AS

3263 LARVIK

Finances

Share Ownership

Return on Equity

−10 %

Current Ratio

4,66

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 690 000	1 676 000	1 696 000	1 558 000
Net Income	−53 000	158 000	98 000	−53 000
Total Assets	676 000	917 000	640 000	470 000
Total Equity	530 000	584 000	425 000	327 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 690 000	1 676 000	1 696 000	1 558 000
Expenditure	1 734 000	1 446 000	1 566 000	1 606 000
Operating Profit	−53 000	202 000	130 000	−48 000
Financial Income	2 000	8 000	3 000	5 000
Financial Costs	1 000	7 000	25 000	10 000
Financial Balance	1 000	1 000	−22 000	−5 000
Earnings Before Tax	−53 000	203 000	108 000	−53 000
Tax	0	45 000	10 000	0
Net Income	−53 000	158 000	98 000	−53 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	676 000	917 000	640 000	470 000
Total Assets	676 000	917 000	640 000	470 000
Total Retained Equity	428 000	482 000	323 000	225 000
Total Equity	530 000	584 000	425 000	327 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	145 000	333 000	214 000	143 000
Total Equity and Debt	676 000	917 000	640 000	470 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 690 000	1 676 000	1 696 000	1 558 000
Other Income	0	0	0	0
Revenue	1 690 000	1 676 000	1 696 000	1 558 000
Cost of Goods Sold	1 103 000	1 091 000	1 135 000	945 000
Salary Costs	362 000	151 000	201 000	434 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 734 000	1 446 000	1 566 000	1 606 000
Operating Profit	−53 000	202 000	130 000	−48 000
Financial Income	2 000	8 000	3 000	5 000
Financial Costs	1 000	7 000	25 000	10 000
Financial Balance	1 000	1 000	−22 000	−5 000
Dividends	0	0	0	0
Net Income	−53 000	158 000	98 000	−53 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	71 000	80 000	107 000	111 000
Total Investments	0	0	0	0
Cash, Bank	508 000	759 000	426 000	288 000
Total Current Assets	676 000	917 000	640 000	470 000
Total Assets	676 000	917 000	640 000	470 000
Total Equity	530 000	584 000	425 000	327 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	60 000	191 000	125 000	34 000
Unpaid Taxes	42 000	81 000	57 000	59 000
Dividends	0	0	0	0
Other Current Debt	43 000	17 000	23 000	51 000
Total Current Debt	145 000	333 000	214 000	143 000
Total Equity and Debt	676 000	917 000	640 000	470 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10 %	27,05 %	23,06 %	−16,21 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−3,14 %	12,05 %	7,67 %	−3,08 %
Current Ratio	4,66	2,75	2,99	3,29
Quick Ratio	9,14	3,62	5,98	14,69
Equity Ratio	0,78	0,64	0,66	0,7
Gross Profit Margin	34,73 %	34,9 %	33,08 %	39,35 %