LORENTZEN HYDRAULIKK AS

8310 KABELVÅG

Finances

Share Ownership

Return on Equity

106,52 %

Current Ratio

2,11

Debt-to-Equity Ratio

11,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	51 485 000	45 435 000	50 206 000	48 715 000
Net Income	1 143 000	212 000	2 809 000	2 918 000
Total Assets	24 345 000	19 861 000	21 207 000	20 031 000
Total Equity	1 073 000	1 330 000	1 117 000	1 309 000

Income (NOK)	2022	2021	2020	2019
Revenue	51 485 000	45 435 000	50 206 000	48 715 000
Expenditure	50 007 000	45 108 000	46 656 000	45 284 000
Operating Profit	1 479 000	326 000	3 550 000	3 431 000
Financial Income	105 000	176 000	−9 000	53 000
Financial Costs	225 000	218 000	223 000	18 000
Financial Balance	−120 000	−42 000	−232 000	35 000
Earnings Before Tax	1 358 000	284 000	3 318 000	3 466 000
Tax	215 000	72 000	509 000	548 000
Net Income	1 143 000	212 000	2 809 000	2 918 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 705 000	1 313 000	1 200 000	935 000
Total Current Assets	22 640 000	18 547 000	20 007 000	19 096 000
Total Assets	24 345 000	19 861 000	21 207 000	20 031 000
Total Retained Equity	69 000	326 000	113 000	305 000
Total Equity	1 073 000	1 330 000	1 117 000	1 309 000
Total Long-Term Debt	12 537 000	10 300 000	9 031 000	9 089 000
Total Current Debt	10 735 000	8 231 000	11 058 000	9 634 000
Total Equity and Debt	24 345 000	19 861 000	21 207 000	20 031 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	51 740 000	45 094 000	51 447 000	48 014 000
Other Income	−255 000	341 000	−1 241 000	701 000
Revenue	51 485 000	45 435 000	50 206 000	48 715 000
Cost of Goods Sold	23 126 000	19 548 000	23 699 000	21 915 000
Salary Costs	19 025 000	18 188 000	16 055 000	16 582 000
Depreciation	191 000	190 000	186 000	193 000
Impairment	0	0	0	0
Expenditure	50 007 000	45 108 000	46 656 000	45 284 000
Operating Profit	1 479 000	326 000	3 550 000	3 431 000
Financial Income	105 000	176 000	−9 000	53 000
Financial Costs	225 000	218 000	223 000	18 000
Financial Balance	−120 000	−42 000	−232 000	35 000
Dividends	1 400 000	0	3 000 000	3 000 000
Net Income	1 143 000	212 000	2 809 000	2 918 000

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	1 705 000	1 313 000	1 200 000	915 000
Total Tangible Assets	1 705 000	1 313 000	1 200 000	915 000
Total Fiancial Fixed Assets	0	0	0	21 000
Total Fixed Assets	1 705 000	1 313 000	1 200 000	935 000
Stock	13 721 000	11 180 000	7 797 000	8 053 000
Total Investments	0	0	0	0
Cash, Bank	2 781 000	4 879 000	5 642 000	5 611 000
Total Current Assets	22 640 000	18 547 000	20 007 000	19 096 000
Total Assets	24 345 000	19 861 000	21 207 000	20 031 000
Total Equity	1 073 000	1 330 000	1 117 000	1 309 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 537 000	10 300 000	9 031 000	9 089 000
Creditors	3 305 000	3 836 000	2 378 000	2 387 000
Unpaid Taxes	2 930 000	1 680 000	2 323 000	2 019 000
Dividends	1 400 000	0	3 000 000	3 000 000
Other Current Debt	4 336 000	2 624 000	2 866 000	1 697 000
Total Current Debt	10 735 000	8 231 000	11 058 000	9 634 000
Total Equity and Debt	24 345 000	19 861 000	21 207 000	20 031 000

Financial indicators	2022	2021	2020	2019
Return on Equity	106,52 %	15,94 %	251,48 %	222,92 %
Debt-to-Equity Ratio	11,68	7,74	8,09	6,94
Operating Profit Margin	2,87 %	0,72 %	7,07 %	7,04 %
Current Ratio	2,11	2,25	1,81	1,98
Quick Ratio	−7,58	−6,29	6,14	12,08
Equity Ratio	0,04	0,07	0,05	0,07
Gross Profit Margin	55,08 %	56,98 %	52,8 %	55,01 %