LÅSESMEDEN LARVIK AS

3256 LARVIK

Finances

Share Ownership

Return on Equity

17,51 %

Current Ratio

3,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 266 000	21 003 000	19 778 000	22 178 000
Net Income	1 737 000	1 023 000	1 321 000	1 210 000
Total Assets	13 608 000	11 988 000	11 454 000	10 266 000
Total Equity	9 920 000	8 502 000	7 779 000	6 658 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 266 000	21 003 000	19 778 000	22 178 000
Expenditure	19 966 000	19 552 000	18 021 000	20 483 000
Operating Profit	2 300 000	1 451 000	1 758 000	1 695 000
Financial Income	14 000	4 000	6 000	6 000
Financial Costs	10 000	22 000	26 000	90 000
Financial Balance	4 000	−18 000	−20 000	−84 000
Earnings Before Tax	2 304 000	1 434 000	1 737 000	1 611 000
Tax	567 000	411 000	416 000	401 000
Net Income	1 737 000	1 023 000	1 321 000	1 210 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	945 000	1 245 000	1 571 000	1 405 000
Total Current Assets	12 663 000	10 744 000	9 884 000	8 861 000
Total Assets	13 608 000	11 988 000	11 454 000	10 266 000
Total Retained Equity	9 820 000	8 402 000	7 679 000	6 558 000
Total Equity	9 920 000	8 502 000	7 779 000	6 658 000
Total Long-Term Debt	0	28 000	0	0
Total Current Debt	3 688 000	3 458 000	3 676 000	3 608 000
Total Equity and Debt	13 608 000	11 988 000	11 454 000	10 266 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 185 000	21 003 000	19 775 000	22 133 000
Other Income	82 000	0	3 000	45 000
Revenue	22 266 000	21 003 000	19 778 000	22 178 000
Cost of Goods Sold	9 016 000	8 512 000	7 995 000	10 222 000
Salary Costs	7 426 000	7 605 000	7 047 000	7 191 000
Depreciation	374 000	567 000	502 000	539 000
Impairment	0	0	0	0
Expenditure	19 966 000	19 552 000	18 021 000	20 483 000
Operating Profit	2 300 000	1 451 000	1 758 000	1 695 000
Financial Income	14 000	4 000	6 000	6 000
Financial Costs	10 000	22 000	26 000	90 000
Financial Balance	4 000	−18 000	−20 000	−84 000
Dividends	300 000	300 000	200 000	200 000
Net Income	1 737 000	1 023 000	1 321 000	1 210 000

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	734 000	1 020 000	1 571 000	1 405 000
Total Tangible Assets	734 000	1 020 000	1 571 000	1 405 000
Total Fiancial Fixed Assets	210 000	225 000	0	0
Total Fixed Assets	945 000	1 245 000	1 571 000	1 405 000
Stock	5 344 000	4 440 000	3 423 000	3 160 000
Total Investments	1 000	1 000	1 000	1 000
Cash, Bank	4 733 000	3 136 000	4 341 000	3 627 000
Total Current Assets	12 663 000	10 744 000	9 884 000	8 861 000
Total Assets	13 608 000	11 988 000	11 454 000	10 266 000
Total Equity	9 920 000	8 502 000	7 779 000	6 658 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	28 000	0	0
Creditors	921 000	801 000	1 224 000	925 000
Unpaid Taxes	1 049 000	1 111 000	802 000	808 000
Dividends	300 000	300 000	200 000	200 000
Other Current Debt	857 000	835 000	840 000	946 000
Total Current Debt	3 688 000	3 458 000	3 676 000	3 608 000
Total Equity and Debt	13 608 000	11 988 000	11 454 000	10 266 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,51 %	12,03 %	16,98 %	18,17 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,33 %	6,91 %	8,89 %	7,64 %
Current Ratio	3,43	3,11	2,69	2,46
Quick Ratio	−7,65	−10,94	39,07	19,78
Equity Ratio	0,73	0,71	0,68	0,65
Gross Profit Margin	59,51 %	59,47 %	59,58 %	53,91 %