ESPEN MICHAEL LAROD INVESTMENT LTD

1410 KOLBOTN

Finances

Share Ownership

Return on Equity

14,95 %

Current Ratio

9,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 693 000	506 000	1 227 000	1 600 000
Net Income	463 000	−9 000	280 000	271 000
Total Assets	3 468 000	2 817 000	2 904 000	2 791 000
Total Equity	3 096 000	2 633 000	2 642 000	2 362 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 693 000	506 000	1 227 000	1 600 000
Expenditure	1 102 000	489 000	867 000	1 253 000
Operating Profit	591 000	17 000	359 000	347 000
Financial Income	0	0	1 000	1 000
Financial Costs	0	26 000	1 000	0
Financial Balance	0	−26 000	0	1 000
Earnings Before Tax	591 000	−9 000	359 000	348 000
Tax	128 000	0	79 000	77 000
Net Income	463 000	−9 000	280 000	271 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 000	0	0	0
Total Current Assets	3 451 000	2 817 000	2 904 000	2 791 000
Total Assets	3 468 000	2 817 000	2 904 000	2 791 000
Total Retained Equity	3 059 000	2 596 000	2 605 000	2 324 000
Total Equity	3 096 000	2 633 000	2 642 000	2 362 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	372 000	183 000	262 000	429 000
Total Equity and Debt	3 468 000	2 817 000	2 904 000	2 791 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 693 000	506 000	1 227 000	1 600 000
Other Income	0	0	0	0
Revenue	1 693 000	506 000	1 227 000	1 600 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 037 000	453 000	837 000	1 116 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 102 000	489 000	867 000	1 253 000
Operating Profit	591 000	17 000	359 000	347 000
Financial Income	0	0	1 000	1 000
Financial Costs	0	26 000	1 000	0
Financial Balance	0	−26 000	0	1 000
Dividends	0	0	0	0
Net Income	463 000	−9 000	280 000	271 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	17 000	0	0	0
Total Fixed Assets	17 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 007 000	2 396 000	2 904 000	2 377 000
Total Current Assets	3 451 000	2 817 000	2 904 000	2 791 000
Total Assets	3 468 000	2 817 000	2 904 000	2 791 000
Total Equity	3 096 000	2 633 000	2 642 000	2 362 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	148 000	183 000	183 000	352 000
Dividends	0	0	0	0
Other Current Debt	96 000	0	0	0
Total Current Debt	372 000	183 000	262 000	429 000
Total Equity and Debt	3 468 000	2 817 000	2 904 000	2 791 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,95 %	−0,34 %	10,6 %	11,47 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	34,91 %	3,36 %	29,26 %	21,69 %
Current Ratio	9,28	15,39	11,08	6,51
Quick Ratio	9,28	15,39	11,08	6,51
Equity Ratio	0,89	0,93	0,91	0,85
Gross Profit Margin	100 %	100 %	100 %	100 %