BRØDRENE LARSEN VVS AS

1415 OPPEGÅRD

Finances

Share Ownership

Return on Equity

74 %

Current Ratio

1,96

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 127 000	5 445 000	4 445 000	4 757 000
Net Income	834 000	479 000	378 000	714 000
Total Assets	2 356 000	2 245 000	2 216 000	3 160 000
Total Equity	1 127 000	853 000	374 000	597 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 127 000	5 445 000	4 445 000	4 757 000
Expenditure	4 067 000	4 760 000	3 926 000	3 815 000
Operating Profit	1 059 000	685 000	519 000	942 000
Financial Income	0	−1 000	0	1 000
Financial Costs	9 000	15 000	32 000	26 000
Financial Balance	−9 000	−16 000	−32 000	−25 000
Earnings Before Tax	1 050 000	669 000	486 000	918 000
Tax	216 000	190 000	109 000	203 000
Net Income	834 000	479 000	378 000	714 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	116 000	60 000	493 000	709 000
Total Current Assets	2 241 000	2 185 000	1 723 000	2 451 000
Total Assets	2 356 000	2 245 000	2 216 000	3 160 000
Total Retained Equity	1 027 000	753 000	274 000	497 000
Total Equity	1 127 000	853 000	374 000	597 000
Total Long-Term Debt	84 000	229 000	431 000	627 000
Total Current Debt	1 145 000	1 164 000	1 410 000	1 936 000
Total Equity and Debt	2 356 000	2 245 000	2 216 000	3 160 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 127 000	5 445 000	4 445 000	4 757 000
Other Income	0	0	0	0
Revenue	5 127 000	5 445 000	4 445 000	4 757 000
Cost of Goods Sold	1 765 000	2 263 000	1 662 000	1 712 000
Salary Costs	1 734 000	1 621 000	1 520 000	1 472 000
Depreciation	−34 000	433 000	216 000	216 000
Impairment	0	0	0	0
Expenditure	4 067 000	4 760 000	3 926 000	3 815 000
Operating Profit	1 059 000	685 000	519 000	942 000
Financial Income	0	−1 000	0	1 000
Financial Costs	9 000	15 000	32 000	26 000
Financial Balance	−9 000	−16 000	−32 000	−25 000
Dividends	0	0	600 000	480 000
Net Income	834 000	479 000	378 000	714 000

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	100 000	67 000	485 000	695 000
Fixtures	16 000	−7 000	7 000	14 000
Total Tangible Assets	116 000	60 000	493 000	709 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	116 000	60 000	493 000	709 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	487 000	472 000	1 104 000	940 000
Total Current Assets	2 241 000	2 185 000	1 723 000	2 451 000
Total Assets	2 356 000	2 245 000	2 216 000	3 160 000
Total Equity	1 127 000	853 000	374 000	597 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	84 000	229 000	431 000	627 000
Creditors	184 000	264 000	142 000	485 000
Unpaid Taxes	356 000	295 000	193 000	351 000
Dividends	0	0	600 000	480 000
Other Current Debt	389 000	380 000	345 000	402 000
Total Current Debt	1 145 000	1 164 000	1 410 000	1 936 000
Total Equity and Debt	2 356 000	2 245 000	2 216 000	3 160 000

Financial indicators	2022	2021	2020	2019
Return on Equity	74 %	56,15 %	101,07 %	119,6 %
Debt-to-Equity Ratio	0,07	0,27	1,15	1,05
Operating Profit Margin	20,66 %	12,58 %	11,68 %	19,8 %
Current Ratio	1,96	1,88	1,22	1,27
Quick Ratio	1,96	1,88	1,22	1,27
Equity Ratio	0,48	0,38	0,17	0,19
Gross Profit Margin	65,57 %	58,44 %	62,61 %	64,01 %