LARSEN CUSTOM BIKE SHOP AS

1718 GREÅKER

Finances

Share Ownership

Return on Equity

125 %

Current Ratio

1,71

Debt-to-Equity Ratio

−2,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 290 000	1 412 000	1 491 000	1 443 000
Net Income	−90 000	58 000	−34 000	348 000
Total Assets	286 000	315 000	444 000	259 000
Total Equity	−72 000	18 000	−40 000	−6 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 290 000	1 412 000	1 491 000	1 443 000
Expenditure	1 352 000	1 334 000	1 500 000	1 082 000
Operating Profit	−62 000	77 000	−9 000	362 000
Financial Income	1 000	5 000	3 000	0
Financial Costs	29 000	24 000	28 000	14 000
Financial Balance	−28 000	−19 000	−25 000	−14 000
Earnings Before Tax	−90 000	58 000	−34 000	348 000
Tax	0	0	0	0
Net Income	−90 000	58 000	−34 000	348 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 000	102 000	58 000	66 000
Total Current Assets	274 000	212 000	386 000	193 000
Total Assets	286 000	315 000	444 000	259 000
Total Retained Equity	−102 000	−12 000	−70 000	−36 000
Total Equity	−72 000	18 000	−40 000	−6 000
Total Long-Term Debt	199 000	184 000	106 000	0
Total Current Debt	160 000	112 000	378 000	265 000
Total Equity and Debt	286 000	315 000	444 000	259 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 225 000	1 432 000	1 491 000	1 443 000
Other Income	66 000	−20 000	0	0
Revenue	1 290 000	1 412 000	1 491 000	1 443 000
Cost of Goods Sold	964 000	932 000	1 167 000	711 000
Salary Costs	7 000	−2 000	6 000	34 000
Depreciation	26 000	45 000	24 000	19 000
Impairment	0	0	0	0
Expenditure	1 352 000	1 334 000	1 500 000	1 082 000
Operating Profit	−62 000	77 000	−9 000	362 000
Financial Income	1 000	5 000	3 000	0
Financial Costs	29 000	24 000	28 000	14 000
Financial Balance	−28 000	−19 000	−25 000	−14 000
Dividends	0	0	0	0
Net Income	−90 000	58 000	−34 000	348 000

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	0	0	0	0
Fixtures	12 000	102 000	58 000	66 000
Total Tangible Assets	12 000	102 000	58 000	66 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 000	102 000	58 000	66 000
Stock	196 000	123 000	172 000	113 000
Total Investments	0	0	0	0
Cash, Bank	54 000	23 000	42 000	25 000
Total Current Assets	274 000	212 000	386 000	193 000
Total Assets	286 000	315 000	444 000	259 000
Total Equity	−72 000	18 000	−40 000	−6 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	199 000	184 000	106 000	0
Creditors	86 000	58 000	128 000	72 000
Unpaid Taxes	10 000	23 000	1 000	12 000
Dividends	0	0	0	0
Other Current Debt	63 000	31 000	248 000	181 000
Total Current Debt	160 000	112 000	378 000	265 000
Total Equity and Debt	286 000	315 000	444 000	259 000

Financial indicators	2022	2021	2020	2019
Return on Equity	125 %	322,22 %	85 %	−5 800 %
Debt-to-Equity Ratio	−2,76	10,22	−2,65	−0
Operating Profit Margin	−4,81 %	5,45 %	−0,6 %	25,09 %
Current Ratio	1,71	1,89	1,02	0,73
Quick Ratio	−7,61	−19,27	1,87	1,27
Equity Ratio	−0,25	0,06	−0,09	−0,02
Gross Profit Margin	25,27 %	33,99 %	21,73 %	50,73 %