LARVIK RØRMONTASJE AS

3269 LARVIK

Finances

Share Ownership

Return on Equity

550,5 %

Current Ratio

0,91

Debt-to-Equity Ratio

5,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 088 000	10 013 000	8 583 000	6 029 000
Net Income	556 000	863 000	203 000	811 000
Total Assets	3 809 000	4 726 000	2 189 000	3 058 000
Total Equity	101 000	983 000	1 120 000	917 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 088 000	10 013 000	8 583 000	6 029 000
Expenditure	16 360 000	8 949 000	8 321 000	5 000 000
Operating Profit	729 000	1 064 000	261 000	1 029 000
Financial Income	10 000	8 000	7 000	5 000
Financial Costs	26 000	1 000	3 000	1 000
Financial Balance	−16 000	7 000	4 000	4 000
Earnings Before Tax	713 000	1 071 000	265 000	1 034 000
Tax	157 000	209 000	61 000	223 000
Net Income	556 000	863 000	203 000	811 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	930 000	156 000	63 000	114 000
Total Current Assets	2 879 000	4 570 000	2 126 000	2 944 000
Total Assets	3 809 000	4 726 000	2 189 000	3 058 000
Total Retained Equity	1 000	883 000	1 020 000	817 000
Total Equity	101 000	983 000	1 120 000	917 000
Total Long-Term Debt	556 000	3 000	0	0
Total Current Debt	3 152 000	3 741 000	1 069 000	2 141 000
Total Equity and Debt	3 809 000	4 726 000	2 189 000	3 058 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 994 000	10 013 000	8 583 000	6 029 000
Other Income	94 000	0	0	0
Revenue	17 088 000	10 013 000	8 583 000	6 029 000
Cost of Goods Sold	0	0	0	0
Salary Costs	10 704 000	5 695 000	3 002 000	3 665 000
Depreciation	95 000	25 000	27 000	22 000
Impairment	0	0	0	0
Expenditure	16 360 000	8 949 000	8 321 000	5 000 000
Operating Profit	729 000	1 064 000	261 000	1 029 000
Financial Income	10 000	8 000	7 000	5 000
Financial Costs	26 000	1 000	3 000	1 000
Financial Balance	−16 000	7 000	4 000	4 000
Dividends	1 438 000	1 000 000	0	600 000
Net Income	556 000	863 000	203 000	811 000

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	930 000	156 000	63 000	114 000
Total Tangible Assets	930 000	156 000	63 000	114 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	930 000	156 000	63 000	114 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 041 000	896 000	868 000	1 510 000
Total Current Assets	2 879 000	4 570 000	2 126 000	2 944 000
Total Assets	3 809 000	4 726 000	2 189 000	3 058 000
Total Equity	101 000	983 000	1 120 000	917 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	556 000	3 000	0	0
Creditors	56 000	366 000	298 000	16 000
Unpaid Taxes	1 451 000	1 327 000	350 000	780 000
Dividends	1 438 000	1 000 000	0	600 000
Other Current Debt	1 523 000	1 841 000	360 000	522 000
Total Current Debt	3 152 000	3 741 000	1 069 000	2 141 000
Total Equity and Debt	3 809 000	4 726 000	2 189 000	3 058 000

Financial indicators	2022	2021	2020	2019
Return on Equity	550,5 %	87,79 %	18,13 %	88,44 %
Debt-to-Equity Ratio	5,5	0	0	0
Operating Profit Margin	4,27 %	10,63 %	3,04 %	17,07 %
Current Ratio	0,91	1,22	1,99	1,38
Quick Ratio	0,91	1,22	1,99	1,38
Equity Ratio	0,03	0,21	0,51	0,3
Gross Profit Margin	100 %	100 %	100 %	100 %