LORENTZ STORESUND & SØNNER AS

4260 TORVASTAD

Finances

Return on Equity

26,82 %

Current Ratio

1,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 448 615 000	702 226 000	638 526 000	709 564 000
Net Income	15 638 000	11 094 000	7 606 000	4 487 000
Total Assets	162 832 000	123 080 000	96 961 000	110 730 000
Total Equity	58 317 000	50 479 000	44 384 000	40 278 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 448 615 000	702 226 000	638 526 000	709 564 000
Expenditure	1 429 697 000	688 237 000	628 333 000	703 894 000
Operating Profit	18 918 000	13 989 000	10 193 000	5 670 000
Financial Income	1 848 000	709 000	626 000	759 000
Financial Costs	705 000	458 000	1 032 000	668 000
Financial Balance	1 143 000	251 000	−406 000	91 000
Earnings Before Tax	20 061 000	14 239 000	9 786 000	5 761 000
Tax	4 422 000	3 145 000	2 180 000	1 274 000
Net Income	15 638 000	11 094 000	7 606 000	4 487 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	35 034 000	36 877 000	38 500 000	36 631 000
Total Current Assets	127 798 000	86 203 000	58 461 000	74 099 000
Total Assets	162 832 000	123 080 000	96 961 000	110 730 000
Total Retained Equity	56 717 000	48 879 000	42 784 000	38 678 000
Total Equity	58 317 000	50 479 000	44 384 000	40 278 000
Total Long-Term Debt	234 000	321 000	1 852 000	2 254 000
Total Current Debt	104 281 000	72 281 000	50 724 000	68 198 000
Total Equity and Debt	162 832 000	123 080 000	96 961 000	110 730 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 448 615 000	702 226 000	638 526 000	709 559 000
Other Income	0	0	0	5 000
Revenue	1 448 615 000	702 226 000	638 526 000	709 564 000
Cost of Goods Sold	1 415 636 000	678 573 000	614 878 000	691 199 000
Salary Costs	8 306 000	7 892 000	7 543 000	7 370 000
Depreciation	1 868 000	1 905 000	1 693 000	1 352 000
Impairment	0	0	0	0
Expenditure	1 429 697 000	688 237 000	628 333 000	703 894 000
Operating Profit	18 918 000	13 989 000	10 193 000	5 670 000
Financial Income	1 848 000	709 000	626 000	759 000
Financial Costs	705 000	458 000	1 032 000	668 000
Financial Balance	1 143 000	251 000	−406 000	91 000
Dividends	7 800 000	5 000 000	3 500 000	2 200 000
Net Income	15 638 000	11 094 000	7 606 000	4 487 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 184 000	11 679 000	12 236 000	12 654 000
Machinery and Plant Facilities	18 806 000	19 724 000	20 398 000	18 313 000
Fixtures	1 193 000	1 623 000	2 012 000	2 415 000
Total Tangible Assets	31 182 000	33 026 000	34 646 000	33 382 000
Total Fiancial Fixed Assets	3 851 000	3 851 000	3 854 000	3 249 000
Total Fixed Assets	35 034 000	36 877 000	38 500 000	36 631 000
Stock	6 140 000	9 771 000	5 153 000	4 635 000
Total Investments	0	0	0	0
Cash, Bank	8 769 000	371 000	2 564 000	544 000
Total Current Assets	127 798 000	86 203 000	58 461 000	74 099 000
Total Assets	162 832 000	123 080 000	96 961 000	110 730 000
Total Equity	58 317 000	50 479 000	44 384 000	40 278 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	234 000	321 000	1 852 000	2 254 000
Creditors	88 913 000	54 144 000	35 218 000	55 877 000
Unpaid Taxes	636 000	628 000	582 000	564 000
Dividends	7 800 000	5 000 000	3 500 000	2 200 000
Other Current Debt	2 422 000	2 335 000	1 942 000	2 240 000
Total Current Debt	104 281 000	72 281 000	50 724 000	68 198 000
Total Equity and Debt	162 832 000	123 080 000	96 961 000	110 730 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,82 %	21,98 %	17,14 %	11,14 %
Debt-to-Equity Ratio	0	0,01	0,04	0,06
Operating Profit Margin	1,31 %	1,99 %	1,6 %	0,8 %
Current Ratio	1,23	1,19	1,15	1,09
Quick Ratio	1,3	1,38	1,28	1,17
Equity Ratio	0,36	0,41	0,46	0,36
Gross Profit Margin	2,28 %	3,37 %	3,7 %	2,59 %