LARS HELLAND AS

5704 VOSS

Finances

Share Ownership

Return on Equity

10,51 %

Current Ratio

3,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	731 000	1 963 000	2 056 000	1 284 000
Net Income	76 000	329 000	241 000	5 000
Total Assets	1 009 000	1 223 000	982 000	504 000
Total Equity	723 000	798 000	569 000	327 000

Income (NOK)	2022	2021	2020	2019
Revenue	731 000	1 963 000	2 056 000	1 284 000
Expenditure	637 000	1 544 000	1 749 000	1 279 000
Operating Profit	94 000	418 000	307 000	5 000
Financial Income	3 000	3 000	3 000	4 000
Financial Costs	0	0	1 000	1 000
Financial Balance	3 000	3 000	2 000	3 000
Earnings Before Tax	97 000	422 000	309 000	7 000
Tax	21 000	93 000	68 000	2 000
Net Income	76 000	329 000	241 000	5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 000	46 000	84 000	128 000
Total Current Assets	997 000	1 177 000	898 000	376 000
Total Assets	1 009 000	1 223 000	982 000	504 000
Total Retained Equity	693 000	768 000	539 000	297 000
Total Equity	723 000	798 000	569 000	327 000
Total Long-Term Debt	0	0	0	5 000
Total Current Debt	286 000	425 000	414 000	172 000
Total Equity and Debt	1 009 000	1 223 000	982 000	504 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	731 000	1 963 000	2 056 000	1 284 000
Other Income	0	0	0	0
Revenue	731 000	1 963 000	2 056 000	1 284 000
Cost of Goods Sold	17 000	621 000	856 000	413 000
Salary Costs	363 000	614 000	615 000	600 000
Depreciation	39 000	44 000	44 000	44 000
Impairment	0	0	0	0
Expenditure	637 000	1 544 000	1 749 000	1 279 000
Operating Profit	94 000	418 000	307 000	5 000
Financial Income	3 000	3 000	3 000	4 000
Financial Costs	0	0	1 000	1 000
Financial Balance	3 000	3 000	2 000	3 000
Dividends	0	100 000	0	0
Net Income	76 000	329 000	241 000	5 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 000	6 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 000	40 000	84 000	128 000
Total Tangible Assets	1 000	40 000	84 000	128 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 000	46 000	84 000	128 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	719 000	930 000	561 000	266 000
Total Current Assets	997 000	1 177 000	898 000	376 000
Total Assets	1 009 000	1 223 000	982 000	504 000
Total Equity	723 000	798 000	569 000	327 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	5 000
Creditors	19 000	57 000	146 000	27 000
Unpaid Taxes	84 000	105 000	129 000	76 000
Dividends	0	100 000	0	0
Other Current Debt	156 000	65 000	66 000	63 000
Total Current Debt	286 000	425 000	414 000	172 000
Total Equity and Debt	1 009 000	1 223 000	982 000	504 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,51 %	41,23 %	42,36 %	1,53 %
Debt-to-Equity Ratio	0	0	0	0,02
Operating Profit Margin	12,86 %	21,29 %	14,93 %	0,39 %
Current Ratio	3,49	2,77	2,17	2,19
Quick Ratio	3,49	2,77	2,17	2,19
Equity Ratio	0,72	0,65	0,58	0,65
Gross Profit Margin	97,67 %	68,36 %	58,37 %	67,83 %