TERJE LARSEN VVS AS

3268 LARVIK

Finances

Return on Equity

7,95 %

Current Ratio

1,79

Debt-to-Equity Ratio

2,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 146 000	5 205 000	5 191 000	4 701 000
Net Income	67 000	231 000	33 000	−137 000
Total Assets	4 145 000	4 025 000	3 761 000	3 529 000
Total Equity	843 000	934 000	703 000	870 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 146 000	5 205 000	5 191 000	4 701 000
Expenditure	5 967 000	4 775 000	5 102 000	4 767 000
Operating Profit	179 000	431 000	89 000	−67 000
Financial Income	16 000	7 000	7 000	11 000
Financial Costs	110 000	101 000	75 000	59 000
Financial Balance	−94 000	−94 000	−68 000	−48 000
Earnings Before Tax	85 000	337 000	22 000	−114 000
Tax	18 000	105 000	−11 000	23 000
Net Income	67 000	231 000	33 000	−137 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 742 000	1 892 000	1 921 000	2 044 000
Total Current Assets	2 403 000	2 133 000	1 840 000	1 485 000
Total Assets	4 145 000	4 025 000	3 761 000	3 529 000
Total Retained Equity	743 000	834 000	603 000	770 000
Total Equity	843 000	934 000	703 000	870 000
Total Long-Term Debt	1 958 000	2 142 000	2 267 000	2 108 000
Total Current Debt	1 345 000	949 000	791 000	550 000
Total Equity and Debt	4 145 000	4 025 000	3 761 000	3 529 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 146 000	4 796 000	5 191 000	4 701 000
Other Income	0	409 000	0	0
Revenue	6 146 000	5 205 000	5 191 000	4 701 000
Cost of Goods Sold	2 757 000	2 089 000	2 240 000	2 306 000
Salary Costs	2 354 000	2 023 000	1 454 000	1 474 000
Depreciation	182 000	195 000	240 000	210 000
Impairment	0	0	0	0
Expenditure	5 967 000	4 775 000	5 102 000	4 767 000
Operating Profit	179 000	431 000	89 000	−67 000
Financial Income	16 000	7 000	7 000	11 000
Financial Costs	110 000	101 000	75 000	59 000
Financial Balance	−94 000	−94 000	−68 000	−48 000
Dividends	159 000	0	200 000	0
Net Income	67 000	231 000	33 000	−137 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	91 000	0
Real Eastate	1 350 000	1 433 000	1 515 000	1 598 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	337 000	404 000	259 000	391 000
Total Tangible Assets	1 687 000	1 837 000	1 775 000	1 989 000
Total Fiancial Fixed Assets	55 000	55 000	55 000	55 000
Total Fixed Assets	1 742 000	1 892 000	1 921 000	2 044 000
Stock	201 000	143 000	143 000	130 000
Total Investments	0	0	0	0
Cash, Bank	1 429 000	514 000	509 000	536 000
Total Current Assets	2 403 000	2 133 000	1 840 000	1 485 000
Total Assets	4 145 000	4 025 000	3 761 000	3 529 000
Total Equity	843 000	934 000	703 000	870 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 958 000	2 142 000	2 267 000	2 108 000
Creditors	648 000	538 000	106 000	5 000
Unpaid Taxes	302 000	44 000	203 000	338 000
Dividends	159 000	0	200 000	0
Other Current Debt	214 000	303 000	201 000	168 000
Total Current Debt	1 345 000	949 000	791 000	550 000
Total Equity and Debt	4 145 000	4 025 000	3 761 000	3 529 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,95 %	24,73 %	4,69 %	−15,75 %
Debt-to-Equity Ratio	2,32	2,29	3,22	2,42
Operating Profit Margin	2,91 %	8,28 %	1,71 %	−1,43 %
Current Ratio	1,79	2,25	2,33	2,7
Quick Ratio	2,1	2,65	2,84	3,54
Equity Ratio	0,2	0,23	0,19	0,25
Gross Profit Margin	55,14 %	59,87 %	56,85 %	50,95 %