T. I. LARSEN RØRLEGGER AS

4628 KRISTIANSAND S

Finances

Return on Equity

12,16 %

Current Ratio

1,35

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 581 000	5 158 000	4 974 000	5 422 000
Net Income	261 000	104 000	38 000	407 000
Total Assets	3 534 000	3 169 000	3 099 000	3 180 000
Total Equity	2 146 000	2 184 000	2 380 000	2 342 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 581 000	5 158 000	4 974 000	5 422 000
Expenditure	5 285 000	5 060 000	4 950 000	5 006 000
Operating Profit	296 000	99 000	24 000	415 000
Financial Income	44 000	30 000	28 000	91 000
Financial Costs	13 000	0	0	1 000
Financial Balance	31 000	30 000	28 000	90 000
Earnings Before Tax	327 000	129 000	52 000	505 000
Tax	66 000	25 000	14 000	98 000
Net Income	261 000	104 000	38 000	407 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 724 000	1 478 000	1 645 000	1 960 000
Total Current Assets	1 810 000	1 690 000	1 454 000	1 221 000
Total Assets	3 534 000	3 169 000	3 099 000	3 180 000
Total Retained Equity	2 046 000	2 084 000	2 280 000	2 242 000
Total Equity	2 146 000	2 184 000	2 380 000	2 342 000
Total Long-Term Debt	51 000	24 000	28 000	53 000
Total Current Debt	1 337 000	961 000	690 000	784 000
Total Equity and Debt	3 534 000	3 169 000	3 099 000	3 180 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 542 000	5 158 000	4 974 000	5 422 000
Other Income	40 000	0	0	0
Revenue	5 581 000	5 158 000	4 974 000	5 422 000
Cost of Goods Sold	2 476 000	2 636 000	2 282 000	2 322 000
Salary Costs	2 048 000	1 715 000	1 820 000	1 915 000
Depreciation	199 000	171 000	214 000	229 000
Impairment	0	0	0	0
Expenditure	5 285 000	5 060 000	4 950 000	5 006 000
Operating Profit	296 000	99 000	24 000	415 000
Financial Income	44 000	30 000	28 000	91 000
Financial Costs	13 000	0	0	1 000
Financial Balance	31 000	30 000	28 000	90 000
Dividends	300 000	300 000	0	200 000
Net Income	261 000	104 000	38 000	407 000

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	929 000	685 000	856 000	1 173 000
Total Tangible Assets	929 000	685 000	856 000	1 173 000
Total Fiancial Fixed Assets	795 000	793 000	788 000	786 000
Total Fixed Assets	1 724 000	1 478 000	1 645 000	1 960 000
Stock	118 000	115 000	121 000	110 000
Total Investments	0	0	0	0
Cash, Bank	1 005 000	925 000	901 000	365 000
Total Current Assets	1 810 000	1 690 000	1 454 000	1 221 000
Total Assets	3 534 000	3 169 000	3 099 000	3 180 000
Total Equity	2 146 000	2 184 000	2 380 000	2 342 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	51 000	24 000	28 000	53 000
Creditors	406 000	178 000	225 000	127 000
Unpaid Taxes	399 000	290 000	246 000	180 000
Dividends	300 000	300 000	0	200 000
Other Current Debt	193 000	464 000	180 000	187 000
Total Current Debt	1 337 000	961 000	690 000	784 000
Total Equity and Debt	3 534 000	3 169 000	3 099 000	3 180 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,16 %	4,76 %	1,6 %	17,38 %
Debt-to-Equity Ratio	0,02	0,01	0,01	0,02
Operating Profit Margin	5,3 %	1,92 %	0,48 %	7,65 %
Current Ratio	1,35	1,76	2,11	1,56
Quick Ratio	1,48	2	2,56	1,81
Equity Ratio	0,61	0,69	0,77	0,74
Gross Profit Margin	55,64 %	48,89 %	54,12 %	57,17 %