LARSEN EIENDOM AS

2385 BRUMUNDDAL

Finances

Share Ownership

Return on Equity

22,23 %

Current Ratio

0,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 645 000	2 530 000	2 869 000	2 919 000
Net Income	1 361 000	1 334 000	878 000	1 293 000
Total Assets	9 135 000	8 646 000	9 471 000	9 077 000
Total Equity	6 121 000	6 560 000	6 226 000	6 848 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 645 000	2 530 000	2 869 000	2 919 000
Expenditure	905 000	901 000	1 666 000	1 140 000
Operating Profit	1 739 000	1 630 000	1 202 000	1 778 000
Financial Income	13 000	0	4 000	10 000
Financial Costs	0	15 000	27 000	33 000
Financial Balance	13 000	−15 000	−23 000	−23 000
Earnings Before Tax	1 751 000	1 615 000	1 179 000	1 755 000
Tax	390 000	281 000	302 000	462 000
Net Income	1 361 000	1 334 000	878 000	1 293 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 240 000	6 519 000	6 833 000	6 771 000
Total Current Assets	2 895 000	2 127 000	2 638 000	2 306 000
Total Assets	9 135 000	8 646 000	9 471 000	9 077 000
Total Retained Equity	4 621 000	5 060 000	4 726 000	5 348 000
Total Equity	6 121 000	6 560 000	6 226 000	6 848 000
Total Long-Term Debt	0	0	596 000	861 000
Total Current Debt	3 014 000	2 086 000	2 650 000	1 368 000
Total Equity and Debt	9 135 000	8 646 000	9 471 000	9 077 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 645 000	2 530 000	2 869 000	2 919 000
Other Income	0	0	0	0
Revenue	2 645 000	2 530 000	2 869 000	2 919 000
Cost of Goods Sold	0	0	0	0
Salary Costs	255 000	242 000	222 000	214 000
Depreciation	279 000	314 000	388 000	428 000
Impairment	0	0	0	0
Expenditure	905 000	901 000	1 666 000	1 140 000
Operating Profit	1 739 000	1 630 000	1 202 000	1 778 000
Financial Income	13 000	0	4 000	10 000
Financial Costs	0	15 000	27 000	33 000
Financial Balance	13 000	−15 000	−23 000	−23 000
Dividends	1 800 000	1 000 000	1 500 000	0
Net Income	1 361 000	1 334 000	878 000	1 293 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 240 000	6 519 000	6 833 000	6 771 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	6 240 000	6 519 000	6 833 000	6 771 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 240 000	6 519 000	6 833 000	6 771 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 113 000	1 420 000	1 703 000	1 361 000
Total Current Assets	2 895 000	2 127 000	2 638 000	2 306 000
Total Assets	9 135 000	8 646 000	9 471 000	9 077 000
Total Equity	6 121 000	6 560 000	6 226 000	6 848 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	596 000	861 000
Creditors	7 000	13 000	6 000	6 000
Unpaid Taxes	169 000	165 000	175 000	184 000
Dividends	1 800 000	1 000 000	1 500 000	0
Other Current Debt	648 000	628 000	667 000	715 000
Total Current Debt	3 014 000	2 086 000	2 650 000	1 368 000
Total Equity and Debt	9 135 000	8 646 000	9 471 000	9 077 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,23 %	20,34 %	14,1 %	18,88 %
Debt-to-Equity Ratio	0	0	0,1	0,13
Operating Profit Margin	65,75 %	64,43 %	41,9 %	60,91 %
Current Ratio	0,96	1,02	1	1,69
Quick Ratio	0,96	1,02	1	1,69
Equity Ratio	0,67	0,76	0,66	0,75
Gross Profit Margin	100 %	100 %	100 %	100 %