LÅSESMEDEN SANDEFJORD AS

3209 SANDEFJORD

Finances

Share Ownership

Return on Equity

39,35 %

Current Ratio

1,93

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 201 000	3 082 000	2 344 000	2 336 000
Net Income	373 000	410 000	342 000	292 000
Total Assets	1 819 000	1 618 000	1 611 000	1 502 000
Total Equity	948 000	848 000	711 000	681 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 201 000	3 082 000	2 344 000	2 336 000
Expenditure	2 718 000	2 548 000	1 896 000	1 947 000
Operating Profit	483 000	534 000	448 000	389 000
Financial Income	0	0	1 000	0
Financial Costs	3 000	5 000	7 000	11 000
Financial Balance	−3 000	−5 000	−6 000	−11 000
Earnings Before Tax	480 000	529 000	441 000	379 000
Tax	106 000	120 000	99 000	87 000
Net Income	373 000	410 000	342 000	292 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	191 000	260 000	329 000	398 000
Total Current Assets	1 628 000	1 358 000	1 282 000	1 103 000
Total Assets	1 819 000	1 618 000	1 611 000	1 502 000
Total Retained Equity	848 000	748 000	611 000	581 000
Total Equity	948 000	848 000	711 000	681 000
Total Long-Term Debt	28 000	86 000	146 000	204 000
Total Current Debt	843 000	685 000	754 000	617 000
Total Equity and Debt	1 819 000	1 618 000	1 611 000	1 502 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 200 000	3 081 000	2 342 000	2 336 000
Other Income	1 000	1 000	1 000	0
Revenue	3 201 000	3 082 000	2 344 000	2 336 000
Cost of Goods Sold	1 360 000	1 273 000	834 000	955 000
Salary Costs	992 000	915 000	770 000	690 000
Depreciation	69 000	69 000	69 000	72 000
Impairment	0	0	0	0
Expenditure	2 718 000	2 548 000	1 896 000	1 947 000
Operating Profit	483 000	534 000	448 000	389 000
Financial Income	0	0	1 000	0
Financial Costs	3 000	5 000	7 000	11 000
Financial Balance	−3 000	−5 000	−6 000	−11 000
Dividends	0	0	0	200 000
Net Income	373 000	410 000	342 000	292 000

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	191 000	260 000	329 000	398 000
Total Tangible Assets	191 000	260 000	329 000	398 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	191 000	260 000	329 000	398 000
Stock	313 000	219 000	220 000	150 000
Total Investments	0	0	0	0
Cash, Bank	927 000	1 031 000	936 000	784 000
Total Current Assets	1 628 000	1 358 000	1 282 000	1 103 000
Total Assets	1 819 000	1 618 000	1 611 000	1 502 000
Total Equity	948 000	848 000	711 000	681 000
Short-Term Group Debt	350 000	350 000	400 000	40 000
Total Long-Term Debt	28 000	86 000	146 000	204 000
Creditors	143 000	69 000	125 000	131 000
Unpaid Taxes	207 000	125 000	152 000	111 000
Dividends	0	0	0	200 000
Other Current Debt	108 000	93 000	67 000	63 000
Total Current Debt	843 000	685 000	754 000	617 000
Total Equity and Debt	1 819 000	1 618 000	1 611 000	1 502 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,35 %	48,35 %	48,1 %	42,88 %
Debt-to-Equity Ratio	0,03	0,1	0,21	0,3
Operating Profit Margin	15,09 %	17,33 %	19,11 %	16,65 %
Current Ratio	1,93	1,98	1,7	1,79
Quick Ratio	3,07	2,91	2,4	2,36
Equity Ratio	0,52	0,52	0,44	0,45
Gross Profit Margin	57,51 %	58,7 %	64,42 %	59,12 %