ALF LARSEN AS

3235 SANDEFJORD

Finances

Share Ownership

Return on Equity

42,28 %

Current Ratio

1,85

Debt-to-Equity Ratio

0,98

Key figures (NOK)	2022	2021	2020	2019
Revenue	34 214 000	31 385 000	23 944 000	30 020 000
Net Income	1 838 000	986 000	779 000	388 000
Total Assets	14 400 000	13 183 000	11 187 000	11 583 000
Total Equity	4 347 000	3 993 000	5 690 000	4 239 000

Income (NOK)	2022	2021	2020	2019
Revenue	34 214 000	31 385 000	23 944 000	30 020 000
Expenditure	31 782 000	30 204 000	22 981 000	29 464 000
Operating Profit	2 431 000	1 181 000	963 000	555 000
Financial Income	136 000	129 000	84 000	3 000
Financial Costs	211 000	46 000	48 000	52 000
Financial Balance	−75 000	83 000	36 000	−49 000
Earnings Before Tax	2 357 000	1 264 000	999 000	506 000
Tax	519 000	278 000	220 000	118 000
Net Income	1 838 000	986 000	779 000	388 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 679 000	3 921 000	2 443 000	2 384 000
Total Current Assets	10 721 000	9 262 000	8 744 000	9 199 000
Total Assets	14 400 000	13 183 000	11 187 000	11 583 000
Total Retained Equity	354 000	0	−1 049 000	−1 829 000
Total Equity	4 347 000	3 993 000	5 690 000	4 239 000
Total Long-Term Debt	4 265 000	1 226 000	1 669 000	2 240 000
Total Current Debt	5 788 000	7 965 000	3 828 000	5 104 000
Total Equity and Debt	14 400 000	13 183 000	11 187 000	11 583 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	34 214 000	31 385 000	23 944 000	30 020 000
Other Income	0	0	0	0
Revenue	34 214 000	31 385 000	23 944 000	30 020 000
Cost of Goods Sold	20 885 000	18 933 000	12 236 000	19 656 000
Salary Costs	9 253 000	9 393 000	8 671 000	8 164 000
Depreciation	192 000	109 000	134 000	60 000
Impairment	0	0	0	0
Expenditure	31 782 000	30 204 000	22 981 000	29 464 000
Operating Profit	2 431 000	1 181 000	963 000	555 000
Financial Income	136 000	129 000	84 000	3 000
Financial Costs	211 000	46 000	48 000	52 000
Financial Balance	−75 000	83 000	36 000	−49 000
Dividends	0	0	0	0
Net Income	1 838 000	986 000	779 000	388 000

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	1 227 000	653 000	763 000	784 000
Total Tangible Assets	1 227 000	653 000	763 000	784 000
Total Fiancial Fixed Assets	2 452 000	3 268 000	1 680 000	1 600 000
Total Fixed Assets	3 679 000	3 921 000	2 443 000	2 384 000
Stock	37 000	37 000	37 000	37 000
Total Investments	0	0	0	0
Cash, Bank	5 954 000	697 000	947 000	970 000
Total Current Assets	10 721 000	9 262 000	8 744 000	9 199 000
Total Assets	14 400 000	13 183 000	11 187 000	11 583 000
Total Equity	4 347 000	3 993 000	5 690 000	4 239 000
Short-Term Group Debt	1 902 000	3 439 000	0	0
Total Long-Term Debt	4 265 000	1 226 000	1 669 000	2 240 000
Creditors	672 000	1 575 000	945 000	2 154 000
Unpaid Taxes	2 211 000	1 151 000	1 873 000	1 458 000
Dividends	0	0	0	0
Other Current Debt	1 003 000	1 069 000	1 010 000	959 000
Total Current Debt	5 788 000	7 965 000	3 828 000	5 104 000
Total Equity and Debt	14 400 000	13 183 000	11 187 000	11 583 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,28 %	24,69 %	13,69 %	9,15 %
Debt-to-Equity Ratio	0,98	0,31	0,29	0,53
Operating Profit Margin	7,11 %	3,76 %	4,02 %	1,85 %
Current Ratio	1,85	1,16	2,28	1,8
Quick Ratio	1,86	1,17	2,31	1,82
Equity Ratio	0,3	0,3	0,51	0,37
Gross Profit Margin	38,96 %	39,68 %	48,9 %	34,52 %