LARS NORRMAN AS

3724 SKIEN

Finances

Share Ownership

Return on Equity

16,35 %

Current Ratio

1,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	47 000 000	43 573 000	43 708 000	43 252 000
Net Income	468 000	−187 000	275 000	422 000
Total Assets	6 996 000	6 373 000	6 082 000	6 502 000
Total Equity	2 863 000	2 395 000	2 682 000	2 507 000

Income (NOK)	2022	2021	2020	2019
Revenue	47 000 000	43 573 000	43 708 000	43 252 000
Expenditure	46 502 000	43 760 000	43 373 000	42 764 000
Operating Profit	498 000	−186 000	335 000	489 000
Financial Income	39 000	8 000	18 000	40 000
Financial Costs	0	−2 000	0	1 000
Financial Balance	39 000	10 000	18 000	39 000
Earnings Before Tax	537 000	−177 000	353 000	529 000
Tax	69 000	10 000	78 000	107 000
Net Income	468 000	−187 000	275 000	422 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	387 000	462 000	81 000	116 000
Total Current Assets	6 609 000	5 910 000	6 000 000	6 387 000
Total Assets	6 996 000	6 373 000	6 082 000	6 502 000
Total Retained Equity	2 363 000	1 895 000	2 182 000	2 007 000
Total Equity	2 863 000	2 395 000	2 682 000	2 507 000
Total Long-Term Debt	6 000	0	0	0
Total Current Debt	4 127 000	3 978 000	3 400 000	3 996 000
Total Equity and Debt	6 996 000	6 373 000	6 082 000	6 502 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	45 417 000	42 514 000	43 049 000	42 375 000
Other Income	1 583 000	1 060 000	659 000	878 000
Revenue	47 000 000	43 573 000	43 708 000	43 252 000
Cost of Goods Sold	38 257 000	36 093 000	36 351 000	35 351 000
Salary Costs	3 655 000	3 294 000	2 871 000	2 932 000
Depreciation	70 000	61 000	36 000	30 000
Impairment	0	0	0	0
Expenditure	46 502 000	43 760 000	43 373 000	42 764 000
Operating Profit	498 000	−186 000	335 000	489 000
Financial Income	39 000	8 000	18 000	40 000
Financial Costs	0	−2 000	0	1 000
Financial Balance	39 000	10 000	18 000	39 000
Dividends	0	100 000	100 000	300 000
Net Income	468 000	−187 000	275 000	422 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	10 000	9 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	387 000	462 000	71 000	107 000
Total Tangible Assets	387 000	462 000	71 000	107 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	387 000	462 000	81 000	116 000
Stock	3 313 000	2 747 000	2 903 000	2 992 000
Total Investments	0	0	0	0
Cash, Bank	2 629 000	2 616 000	2 797 000	3 058 000
Total Current Assets	6 609 000	5 910 000	6 000 000	6 387 000
Total Assets	6 996 000	6 373 000	6 082 000	6 502 000
Total Equity	2 863 000	2 395 000	2 682 000	2 507 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 000	0	0	0
Creditors	3 122 000	2 781 000	2 323 000	2 531 000
Unpaid Taxes	175 000	339 000	261 000	230 000
Dividends	0	100 000	100 000	300 000
Other Current Debt	767 000	758 000	637 000	819 000
Total Current Debt	4 127 000	3 978 000	3 400 000	3 996 000
Total Equity and Debt	6 996 000	6 373 000	6 082 000	6 502 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,35 %	−7,81 %	10,25 %	16,83 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,06 %	−0,43 %	0,77 %	1,13 %
Current Ratio	1,6	1,49	1,76	1,6
Quick Ratio	8,12	4,8	12,07	6,36
Equity Ratio	0,41	0,38	0,44	0,39
Gross Profit Margin	18,6 %	17,17 %	16,83 %	18,27 %