LARSENS VANN & VARME AS

3209 SANDEFJORD

Finances

Return on Equity

47,73 %

Current Ratio

1,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 438 000	1 979 000	2 078 000	1 818 000
Net Income	231 000	211 000	113 000	152 000
Total Assets	867 000	752 000	793 000	630 000
Total Equity	484 000	313 000	373 000	334 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 438 000	1 979 000	2 078 000	1 818 000
Expenditure	2 180 000	1 710 000	1 940 000	1 628 000
Operating Profit	258 000	269 000	139 000	190 000
Financial Income	41 000	6 000	7 000	6 000
Financial Costs	0	0	2 000	1 000
Financial Balance	41 000	6 000	5 000	5 000
Earnings Before Tax	299 000	275 000	144 000	195 000
Tax	68 000	64 000	31 000	44 000
Net Income	231 000	211 000	113 000	152 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	108 000	82 000	129 000	161 000
Total Current Assets	759 000	670 000	664 000	469 000
Total Assets	867 000	752 000	793 000	630 000
Total Retained Equity	384 000	213 000	273 000	234 000
Total Equity	484 000	313 000	373 000	334 000
Total Long-Term Debt	0	0	11 000	48 000
Total Current Debt	383 000	438 000	409 000	247 000
Total Equity and Debt	867 000	752 000	793 000	630 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 438 000	1 979 000	2 078 000	1 818 000
Other Income	0	0	0	0
Revenue	2 438 000	1 979 000	2 078 000	1 818 000
Cost of Goods Sold	1 024 000	631 000	963 000	734 000
Salary Costs	786 000	746 000	737 000	619 000
Depreciation	27 000	47 000	32 000	48 000
Impairment	0	0	0	0
Expenditure	2 180 000	1 710 000	1 940 000	1 628 000
Operating Profit	258 000	269 000	139 000	190 000
Financial Income	41 000	6 000	7 000	6 000
Financial Costs	0	0	2 000	1 000
Financial Balance	41 000	6 000	5 000	5 000
Dividends	60 000	0	0	0
Net Income	231 000	211 000	113 000	152 000

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	27 000	74 000	106 000
Total Tangible Assets	0	27 000	74 000	106 000
Total Fiancial Fixed Assets	108 000	55 000	55 000	55 000
Total Fixed Assets	108 000	82 000	129 000	161 000
Stock	75 000	76 000	70 000	72 000
Total Investments	0	0	0	0
Cash, Bank	596 000	380 000	475 000	272 000
Total Current Assets	759 000	670 000	664 000	469 000
Total Assets	867 000	752 000	793 000	630 000
Total Equity	484 000	313 000	373 000	334 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	11 000	48 000
Creditors	90 000	29 000	158 000	101 000
Unpaid Taxes	96 000	73 000	150 000	51 000
Dividends	60 000	0	0	0
Other Current Debt	129 000	270 000	68 000	51 000
Total Current Debt	383 000	438 000	409 000	247 000
Total Equity and Debt	867 000	752 000	793 000	630 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,73 %	67,41 %	30,29 %	45,51 %
Debt-to-Equity Ratio	0	0	0,03	0,14
Operating Profit Margin	10,58 %	13,59 %	6,69 %	10,45 %
Current Ratio	1,98	1,53	1,62	1,9
Quick Ratio	2,46	1,85	1,96	2,68
Equity Ratio	0,56	0,42	0,47	0,53
Gross Profit Margin	58 %	68,12 %	53,66 %	59,63 %