LARSSEN HOLDING AS

5527 HAUGESUND

Finances

Return on Equity

−170,45 %

Current Ratio

1,24

Debt-to-Equity Ratio

−4,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	135 319 000	118 723 000	123 120 000	159 266 000
Net Income	9 929 000	−3 397 000	−14 621 000	−7 100 000
Total Assets	54 470 000	37 583 000	45 131 000	62 212 000
Total Equity	−5 825 000	−15 757 000	−12 361 000	2 260 000

Income (NOK)	2022	2021	2020	2019
Revenue	135 319 000	118 723 000	123 120 000	159 266 000
Expenditure	123 442 000	120 581 000	132 073 000	165 874 000
Operating Profit	11 877 000	−1 856 000	−8 953 000	−6 608 000
Financial Income	77 000	43 000	156 000	284 000
Financial Costs	2 035 000	1 584 000	2 317 000	2 279 000
Financial Balance	−1 958 000	−1 541 000	−2 161 000	−1 995 000
Earnings Before Tax	9 919 000	−3 398 000	−11 113 000	−8 603 000
Tax	−10 000	−1 000	3 508 000	−1 503 000
Net Income	9 929 000	−3 397 000	−14 621 000	−7 100 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 116 000	6 020 000	7 286 000	19 190 000
Total Current Assets	44 355 000	31 563 000	37 845 000	43 022 000
Total Assets	54 470 000	37 583 000	45 131 000	62 212 000
Total Retained Equity	−6 480 000	−14 369 000	−11 607 000	123 000
Total Equity	−5 825 000	−15 757 000	−12 361 000	2 260 000
Total Long-Term Debt	24 444 000	23 352 000	18 620 000	14 571 000
Total Current Debt	35 852 000	29 989 000	38 872 000	45 381 000
Total Equity and Debt	54 470 000	37 583 000	45 131 000	62 212 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	135 450 000	118 192 000	119 635 000	158 081 000
Other Income	−131 000	531 000	3 486 000	1 185 000
Revenue	135 319 000	118 723 000	123 120 000	159 266 000
Cost of Goods Sold	57 257 000	53 980 000	53 619 000	71 550 000
Salary Costs	29 955 000	30 290 000	33 793 000	45 235 000
Depreciation	1 797 000	2 141 000	6 795 000	7 786 000
Impairment	0	0	2 102 000	0
Expenditure	123 442 000	120 581 000	132 073 000	165 874 000
Operating Profit	11 877 000	−1 856 000	−8 953 000	−6 608 000
Financial Income	77 000	43 000	156 000	284 000
Financial Costs	2 035 000	1 584 000	2 317 000	2 279 000
Financial Balance	−1 958 000	−1 541 000	−2 161 000	−1 995 000
Dividends	0	0	0	0
Net Income	9 929 000	−3 397 000	−14 621 000	−7 100 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	3 705 000
Total Intangible Assets	2 755 000	182 000	157 000	7 547 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	6 276 000	4 752 000	6 043 000	11 060 000
Total Tangible Assets	6 276 000	4 752 000	6 043 000	11 060 000
Total Fiancial Fixed Assets	1 084 000	1 086 000	1 086 000	583 000
Total Fixed Assets	10 116 000	6 020 000	7 286 000	19 190 000
Stock	39 408 000	26 249 000	31 484 000	36 542 000
Total Investments	0	0	0	0
Cash, Bank	2 509 000	2 016 000	1 929 000	415 000
Total Current Assets	44 355 000	31 563 000	37 845 000	43 022 000
Total Assets	54 470 000	37 583 000	45 131 000	62 212 000
Total Equity	−5 825 000	−15 757 000	−12 361 000	2 260 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	24 444 000	23 352 000	18 620 000	14 571 000
Creditors	11 800 000	6 864 000	7 872 000	8 830 000
Unpaid Taxes	4 928 000	5 908 000	6 174 000	9 568 000
Dividends	0	0	0	0
Other Current Debt	6 684 000	6 823 000	7 807 000	8 122 000
Total Current Debt	35 852 000	29 989 000	38 872 000	45 381 000
Total Equity and Debt	54 470 000	37 583 000	45 131 000	62 212 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−170,45 %	21,56 %	118,28 %	−314,16 %
Debt-to-Equity Ratio	−4,2	−1,48	−1,51	6,45
Operating Profit Margin	8,78 %	−1,56 %	−7,27 %	−4,15 %
Current Ratio	1,24	1,05	0,97	0,95
Quick Ratio	−12,47	8,44	5,12	4,87
Equity Ratio	−0,11	−0,42	−0,27	0,04
Gross Profit Margin	57,69 %	54,53 %	56,45 %	55,08 %