LORGNETTEN AS

3717 SKIEN

Finances

Return on Equity

778,01 %

Current Ratio

0,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 461 000	6 117 000	5 963 000	6 452 000
Net Income	1 097 000	1 161 000	1 168 000	966 000
Total Assets	2 552 000	2 327 000	2 397 000	2 290 000
Total Equity	141 000	402 000	357 000	289 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 461 000	6 117 000	5 963 000	6 452 000
Expenditure	5 071 000	4 651 000	4 479 000	5 232 000
Operating Profit	1 390 000	1 466 000	1 485 000	1 221 000
Financial Income	29 000	17 000	17 000	19 000
Financial Costs	6 000	3 000	3 000	3 000
Financial Balance	23 000	14 000	14 000	16 000
Earnings Before Tax	1 414 000	1 480 000	1 499 000	1 237 000
Tax	316 000	318 000	331 000	272 000
Net Income	1 097 000	1 161 000	1 168 000	966 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	196 000	282 000	130 000	189 000
Total Current Assets	2 356 000	2 045 000	2 267 000	2 101 000
Total Assets	2 552 000	2 327 000	2 397 000	2 290 000
Total Retained Equity	0	261 000	216 000	148 000
Total Equity	141 000	402 000	357 000	289 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 411 000	1 925 000	2 041 000	2 001 000
Total Equity and Debt	2 552 000	2 327 000	2 397 000	2 290 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 461 000	6 099 000	5 942 000	6 452 000
Other Income	0	18 000	21 000	0
Revenue	6 461 000	6 117 000	5 963 000	6 452 000
Cost of Goods Sold	1 915 000	1 727 000	1 632 000	1 713 000
Salary Costs	2 301 000	2 152 000	2 086 000	2 503 000
Depreciation	86 000	74 000	59 000	79 000
Impairment	0	0	0	0
Expenditure	5 071 000	4 651 000	4 479 000	5 232 000
Operating Profit	1 390 000	1 466 000	1 485 000	1 221 000
Financial Income	29 000	17 000	17 000	19 000
Financial Costs	6 000	3 000	3 000	3 000
Financial Balance	23 000	14 000	14 000	16 000
Dividends	1 358 000	1 116 000	1 100 000	1 000 000
Net Income	1 097 000	1 161 000	1 168 000	966 000

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	186 000	272 000	120 000	179 000
Total Tangible Assets	186 000	272 000	120 000	179 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	196 000	282 000	130 000	189 000
Stock	596 000	600 000	520 000	534 000
Total Investments	0	0	0	0
Cash, Bank	1 435 000	1 118 000	1 476 000	1 196 000
Total Current Assets	2 356 000	2 045 000	2 267 000	2 101 000
Total Assets	2 552 000	2 327 000	2 397 000	2 290 000
Total Equity	141 000	402 000	357 000	289 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	180 000	164 000	131 000	178 000
Unpaid Taxes	343 000	338 000	302 000	327 000
Dividends	1 358 000	1 116 000	1 100 000	1 000 000
Other Current Debt	213 000	205 000	177 000	225 000
Total Current Debt	2 411 000	1 925 000	2 041 000	2 001 000
Total Equity and Debt	2 552 000	2 327 000	2 397 000	2 290 000

Financial indicators	2022	2021	2020	2019
Return on Equity	778,01 %	288,81 %	327,17 %	334,26 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	21,51 %	23,97 %	24,9 %	18,92 %
Current Ratio	0,98	1,06	1,11	1,05
Quick Ratio	1,3	1,54	1,49	1,43
Equity Ratio	0,06	0,17	0,15	0,13
Gross Profit Margin	70,36 %	71,77 %	72,63 %	73,45 %