LARS SMEDEGÅRD TRANSPORT AS

6885 ÅRDALSTANGEN

Finances

Share Ownership

Return on Equity

26,9 %

Current Ratio

2,1

Debt-to-Equity Ratio

0,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 409 000	11 663 000	10 754 000	7 575 000
Net Income	265 000	142 000	226 000	−181 000
Total Assets	2 666 000	4 872 000	6 075 000	5 704 000
Total Equity	985 000	720 000	578 000	352 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 409 000	11 663 000	10 754 000	7 575 000
Expenditure	9 010 000	11 365 000	10 283 000	7 665 000
Operating Profit	398 000	299 000	471 000	−91 000
Financial Income	11 000	33 000	18 000	1 000
Financial Costs	69 000	148 000	209 000	134 000
Financial Balance	−58 000	−115 000	−191 000	−133 000
Earnings Before Tax	341 000	184 000	281 000	−223 000
Tax	76 000	42 000	55 000	−42 000
Net Income	265 000	142 000	226 000	−181 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	792 000	3 524 000	4 643 000	4 344 000
Total Current Assets	1 874 000	1 348 000	1 432 000	1 360 000
Total Assets	2 666 000	4 872 000	6 075 000	5 704 000
Total Retained Equity	640 000	375 000	233 000	7 000
Total Equity	985 000	720 000	578 000	352 000
Total Long-Term Debt	788 000	2 920 000	4 068 000	4 325 000
Total Current Debt	893 000	1 232 000	1 430 000	1 027 000
Total Equity and Debt	2 666 000	4 872 000	6 075 000	5 704 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 517 000	11 161 000	10 579 000	7 381 000
Other Income	892 000	502 000	174 000	194 000
Revenue	9 409 000	11 663 000	10 754 000	7 575 000
Cost of Goods Sold	29 000	176 000	4 000	48 000
Salary Costs	2 204 000	3 031 000	2 802 000	2 049 000
Depreciation	742 000	1 119 000	1 037 000	663 000
Impairment	0	0	0	0
Expenditure	9 010 000	11 365 000	10 283 000	7 665 000
Operating Profit	398 000	299 000	471 000	−91 000
Financial Income	11 000	33 000	18 000	1 000
Financial Costs	69 000	148 000	209 000	134 000
Financial Balance	−58 000	−115 000	−191 000	−133 000
Dividends	0	0	0	0
Net Income	265 000	142 000	226 000	−181 000

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	792 000	3 524 000	4 618 000	4 313 000
Fixtures	0	0	25 000	31 000
Total Tangible Assets	792 000	3 524 000	4 643 000	4 344 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	792 000	3 524 000	4 643 000	4 344 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 003 000	273 000	138 000	462 000
Total Current Assets	1 874 000	1 348 000	1 432 000	1 360 000
Total Assets	2 666 000	4 872 000	6 075 000	5 704 000
Total Equity	985 000	720 000	578 000	352 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	788 000	2 920 000	4 068 000	4 325 000
Creditors	443 000	388 000	569 000	430 000
Unpaid Taxes	179 000	395 000	404 000	226 000
Dividends	0	0	0	0
Other Current Debt	271 000	449 000	445 000	372 000
Total Current Debt	893 000	1 232 000	1 430 000	1 027 000
Total Equity and Debt	2 666 000	4 872 000	6 075 000	5 704 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,9 %	19,72 %	39,1 %	−51,42 %
Debt-to-Equity Ratio	0,8	4,06	7,04	12,29
Operating Profit Margin	4,23 %	2,56 %	4,38 %	−1,2 %
Current Ratio	2,1	1,09	1	1,32
Quick Ratio	2,1	1,09	1	1,32
Equity Ratio	0,37	0,15	0,1	0,06
Gross Profit Margin	99,69 %	98,49 %	99,96 %	99,37 %