LARSEN BAKERI AS

5593 SKÅNEVIK

Finances

Return on Equity

17,81 %

Current Ratio

2,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 385 000	4 339 000	3 994 000	3 703 000
Net Income	192 000	342 000	394 000	159 000
Total Assets	1 634 000	1 450 000	1 184 000	1 668 000
Total Equity	1 078 000	886 000	544 000	150 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 385 000	4 339 000	3 994 000	3 703 000
Expenditure	4 166 000	3 938 000	3 463 000	3 458 000
Operating Profit	219 000	402 000	531 000	244 000
Financial Income	23 000	32 000	8 000	5 000
Financial Costs	2 000	2 000	32 000	45 000
Financial Balance	21 000	30 000	−24 000	−40 000
Earnings Before Tax	240 000	432 000	507 000	204 000
Tax	48 000	90 000	113 000	45 000
Net Income	192 000	342 000	394 000	159 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	367 000	487 000	615 000	752 000
Total Current Assets	1 267 000	963 000	568 000	916 000
Total Assets	1 634 000	1 450 000	1 184 000	1 668 000
Total Retained Equity	1 048 000	856 000	514 000	120 000
Total Equity	1 078 000	886 000	544 000	150 000
Total Long-Term Debt	0	7 000	118 000	1 109 000
Total Current Debt	556 000	556 000	521 000	410 000
Total Equity and Debt	1 634 000	1 450 000	1 184 000	1 668 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 381 000	4 339 000	3 994 000	3 703 000
Other Income	5 000	0	0	0
Revenue	4 385 000	4 339 000	3 994 000	3 703 000
Cost of Goods Sold	1 227 000	1 079 000	955 000	993 000
Salary Costs	1 887 000	1 882 000	1 630 000	1 614 000
Depreciation	120 000	149 000	157 000	156 000
Impairment	0	0	0	0
Expenditure	4 166 000	3 938 000	3 463 000	3 458 000
Operating Profit	219 000	402 000	531 000	244 000
Financial Income	23 000	32 000	8 000	5 000
Financial Costs	2 000	2 000	32 000	45 000
Financial Balance	21 000	30 000	−24 000	−40 000
Dividends	0	0	0	0
Net Income	192 000	342 000	394 000	159 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	14 000	18 000	0	0
Fixtures	302 000	418 000	565 000	702 000
Total Tangible Assets	317 000	437 000	565 000	702 000
Total Fiancial Fixed Assets	50 000	50 000	50 000	50 000
Total Fixed Assets	367 000	487 000	615 000	752 000
Stock	38 000	49 000	44 000	58 000
Total Investments	5 000	5 000	5 000	5 000
Cash, Bank	936 000	634 000	239 000	585 000
Total Current Assets	1 267 000	963 000	568 000	916 000
Total Assets	1 634 000	1 450 000	1 184 000	1 668 000
Total Equity	1 078 000	886 000	544 000	150 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	7 000	118 000	1 109 000
Creditors	99 000	74 000	69 000	71 000
Unpaid Taxes	114 000	106 000	91 000	94 000
Dividends	0	0	0	0
Other Current Debt	287 000	275 000	238 000	237 000
Total Current Debt	556 000	556 000	521 000	410 000
Total Equity and Debt	1 634 000	1 450 000	1 184 000	1 668 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,81 %	38,6 %	72,43 %	106 %
Debt-to-Equity Ratio	0	0,01	0,22	7,39
Operating Profit Margin	4,99 %	9,26 %	13,29 %	6,59 %
Current Ratio	2,28	1,73	1,09	2,23
Quick Ratio	2,45	1,9	1,19	2,6
Equity Ratio	0,66	0,61	0,46	0,09
Gross Profit Margin	72,02 %	75,13 %	76,09 %	73,18 %