LARS ELNES RØRLEGGERFORRETNING AS

3090 HOF

Finances

Return on Equity

89,17 %

Current Ratio

1,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 444 000	9 182 000	8 865 000	6 206 000
Net Income	2 601 000	1 126 000	1 267 000	574 000
Total Assets	6 119 000	5 670 000	5 725 000	4 169 000
Total Equity	2 917 000	3 517 000	3 391 000	2 723 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 444 000	9 182 000	8 865 000	6 206 000
Expenditure	9 505 000	7 793 000	7 272 000	5 346 000
Operating Profit	2 939 000	1 389 000	1 593 000	858 000
Financial Income	381 000	47 000	26 000	31 000
Financial Costs	75 000	0	1 000	137 000
Financial Balance	306 000	47 000	25 000	−106 000
Earnings Before Tax	3 246 000	1 436 000	1 618 000	751 000
Tax	645 000	310 000	351 000	177 000
Net Income	2 601 000	1 126 000	1 267 000	574 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	594 000	667 000	605 000	719 000
Total Current Assets	5 525 000	5 003 000	5 120 000	3 451 000
Total Assets	6 119 000	5 670 000	5 725 000	4 169 000
Total Retained Equity	2 817 000	3 417 000	3 291 000	2 623 000
Total Equity	2 917 000	3 517 000	3 391 000	2 723 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 202 000	2 153 000	2 334 000	1 446 000
Total Equity and Debt	6 119 000	5 670 000	5 725 000	4 169 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 444 000	9 182 000	8 865 000	6 206 000
Other Income	0	0	0	0
Revenue	12 444 000	9 182 000	8 865 000	6 206 000
Cost of Goods Sold	5 100 000	3 760 000	3 529 000	2 233 000
Salary Costs	3 419 000	2 876 000	2 792 000	2 226 000
Depreciation	72 000	176 000	176 000	158 000
Impairment	0	0	0	0
Expenditure	9 505 000	7 793 000	7 272 000	5 346 000
Operating Profit	2 939 000	1 389 000	1 593 000	858 000
Financial Income	381 000	47 000	26 000	31 000
Financial Costs	75 000	0	1 000	137 000
Financial Balance	306 000	47 000	25 000	−106 000
Dividends	700 000	400 000	600 000	400 000
Net Income	2 601 000	1 126 000	1 267 000	574 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	43 000	44 000	26 000	13 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	19 000	57 000	128 000	151 000
Fixtures	92 000	126 000	231 000	335 000
Total Tangible Assets	111 000	183 000	359 000	486 000
Total Fiancial Fixed Assets	440 000	440 000	220 000	220 000
Total Fixed Assets	594 000	667 000	605 000	719 000
Stock	26 000	9 000	11 000	6 000
Total Investments	0	1 879 000	1 482 000	1 299 000
Cash, Bank	2 313 000	593 000	1 618 000	1 273 000
Total Current Assets	5 525 000	5 003 000	5 120 000	3 451 000
Total Assets	6 119 000	5 670 000	5 725 000	4 169 000
Total Equity	2 917 000	3 517 000	3 391 000	2 723 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	907 000	602 000	669 000	153 000
Unpaid Taxes	583 000	507 000	394 000	270 000
Dividends	700 000	400 000	600 000	400 000
Other Current Debt	368 000	316 000	307 000	426 000
Total Current Debt	3 202 000	2 153 000	2 334 000	1 446 000
Total Equity and Debt	6 119 000	5 670 000	5 725 000	4 169 000

Financial indicators	2022	2021	2020	2019
Return on Equity	89,17 %	32,02 %	37,36 %	21,08 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	23,62 %	15,13 %	17,97 %	13,83 %
Current Ratio	1,73	2,32	2,19	2,39
Quick Ratio	1,74	2,33	2,2	2,4
Equity Ratio	0,48	0,62	0,59	0,65
Gross Profit Margin	59,02 %	59,05 %	60,19 %	64,02 %