LARSEN RENHOLD AS

1890 RAKKESTAD

Finances

Share Ownership

Return on Equity

18,24 %

Current Ratio

2,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 865 000	1 780 000	1 578 000	1 696 000
Net Income	91 000	109 000	32 000	58 000
Total Assets	808 000	722 000	575 000	533 000
Total Equity	499 000	409 000	300 000	268 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 865 000	1 780 000	1 578 000	1 696 000
Expenditure	1 747 000	1 639 000	1 536 000	1 621 000
Operating Profit	118 000	141 000	42 000	75 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	118 000	141 000	42 000	75 000
Tax	27 000	33 000	10 000	17 000
Net Income	91 000	109 000	32 000	58 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	37 000	17 000	36 000	59 000
Total Current Assets	771 000	705 000	539 000	473 000
Total Assets	808 000	722 000	575 000	533 000
Total Retained Equity	469 000	379 000	270 000	238 000
Total Equity	499 000	409 000	300 000	268 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	308 000	313 000	275 000	264 000
Total Equity and Debt	808 000	722 000	575 000	533 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 861 000	1 776 000	1 574 000	1 692 000
Other Income	4 000	4 000	4 000	4 000
Revenue	1 865 000	1 780 000	1 578 000	1 696 000
Cost of Goods Sold	568 000	442 000	352 000	545 000
Salary Costs	948 000	995 000	916 000	831 000
Depreciation	24 000	19 000	19 000	19 000
Impairment	0	0	0	0
Expenditure	1 747 000	1 639 000	1 536 000	1 621 000
Operating Profit	118 000	141 000	42 000	75 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	91 000	109 000	32 000	58 000

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	37 000	17 000	36 000	55 000
Fixtures	0	0	0	0
Total Tangible Assets	37 000	17 000	36 000	55 000
Total Fiancial Fixed Assets	0	0	0	4 000
Total Fixed Assets	37 000	17 000	36 000	59 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	584 000	522 000	347 000	305 000
Total Current Assets	771 000	705 000	539 000	473 000
Total Assets	808 000	722 000	575 000	533 000
Total Equity	499 000	409 000	300 000	268 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	64 000	41 000	42 000	42 000
Unpaid Taxes	123 000	139 000	128 000	133 000
Dividends	0	0	0	0
Other Current Debt	95 000	100 000	94 000	72 000
Total Current Debt	308 000	313 000	275 000	264 000
Total Equity and Debt	808 000	722 000	575 000	533 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,24 %	26,65 %	10,67 %	21,64 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,33 %	7,92 %	2,66 %	4,42 %
Current Ratio	2,5	2,25	1,96	1,79
Quick Ratio	2,5	2,25	1,96	1,79
Equity Ratio	0,62	0,57	0,52	0,5
Gross Profit Margin	69,54 %	75,17 %	77,69 %	67,87 %