K. LARSEN MEK & TRANSPORT AS

4152 VESTRE ÅMØY

Finances

Return on Equity

14,79 %

Current Ratio

0,07

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	992 000	849 000	1 189 000	1 150 000
Net Income	137 000	−78 000	109 000	90 000
Total Assets	1 152 000	1 155 000	1 424 000	1 380 000
Total Equity	926 000	789 000	896 000	787 000

Income (NOK)	2022	2021	2020	2019
Revenue	992 000	849 000	1 189 000	1 150 000
Expenditure	789 000	918 000	1 008 000	996 000
Operating Profit	203 000	−69 000	180 000	154 000
Financial Income	0	0	0	0
Financial Costs	27 000	31 000	40 000	37 000
Financial Balance	−27 000	−31 000	−40 000	−37 000
Earnings Before Tax	176 000	−100 000	140 000	117 000
Tax	39 000	−22 000	31 000	27 000
Net Income	137 000	−78 000	109 000	90 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 139 000	1 255 000	1 166 000	1 136 000
Total Current Assets	13 000	−100 000	258 000	244 000
Total Assets	1 152 000	1 155 000	1 424 000	1 380 000
Total Retained Equity	909 000	772 000	880 000	770 000
Total Equity	926 000	789 000	896 000	787 000
Total Long-Term Debt	28 000	272 000	453 000	532 000
Total Current Debt	199 000	94 000	75 000	61 000
Total Equity and Debt	1 152 000	1 155 000	1 424 000	1 380 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	770 000	867 000	1 105 000	1 122 000
Other Income	222 000	−18 000	83 000	28 000
Revenue	992 000	849 000	1 189 000	1 150 000
Cost of Goods Sold	126 000	142 000	167 000	191 000
Salary Costs	0	0	1 000	7 000
Depreciation	24 000	105 000	123 000	139 000
Impairment	0	0	0	0
Expenditure	789 000	918 000	1 008 000	996 000
Operating Profit	203 000	−69 000	180 000	154 000
Financial Income	0	0	0	0
Financial Costs	27 000	31 000	40 000	37 000
Financial Balance	−27 000	−31 000	−40 000	−37 000
Dividends	0	0	0	0
Net Income	137 000	−78 000	109 000	90 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	11 000	0	0
Real Eastate	265 000	256 000	202 000	49 000
Machinery and Plant Facilities	12 000	16 000	0	0
Fixtures	187 000	295 000	376 000	499 000
Total Tangible Assets	463 000	567 000	578 000	548 000
Total Fiancial Fixed Assets	676 000	676 000	589 000	589 000
Total Fixed Assets	1 139 000	1 255 000	1 166 000	1 136 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	13 000	−180 000	163 000	233 000
Total Current Assets	13 000	−100 000	258 000	244 000
Total Assets	1 152 000	1 155 000	1 424 000	1 380 000
Total Equity	926 000	789 000	896 000	787 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	28 000	272 000	453 000	532 000
Creditors	28 000	96 000	82 000	5 000
Unpaid Taxes	1 000	−4 000	5 000	20 000
Dividends	0	0	0	0
Other Current Debt	170 000	1 000	−34 000	−5 000
Total Current Debt	199 000	94 000	75 000	61 000
Total Equity and Debt	1 152 000	1 155 000	1 424 000	1 380 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,79 %	−9,89 %	12,17 %	11,44 %
Debt-to-Equity Ratio	0,03	0,34	0,51	0,68
Operating Profit Margin	20,46 %	−8,13 %	15,14 %	13,39 %
Current Ratio	0,07	−1,06	3,44	4
Quick Ratio	0,07	−1,06	3,44	4
Equity Ratio	0,8	0,68	0,63	0,57
Gross Profit Margin	87,3 %	83,27 %	85,95 %	83,39 %