KAI G. LARSEN OFFSHORE AS

4514 MANDAL

Finances

Return on Equity

−14,75 %

Current Ratio

1,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	801 000	1 826 000
Net Income	−41 000	−16 000	149 000	510 000
Total Assets	753 000	557 000	629 000	732 000
Total Equity	278 000	319 000	355 000	257 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	801 000	1 826 000
Expenditure	21 000	144 000	692 000	1 174 000
Operating Profit	−21 000	−144 000	109 000	653 000
Financial Income	60 000	191 000	75 000	3 000
Financial Costs	80 000	64 000	11 000	2 000
Financial Balance	−20 000	127 000	64 000	1 000
Earnings Before Tax	−41 000	−16 000	173 000	654 000
Tax	0	0	24 000	144 000
Net Income	−41 000	−16 000	149 000	510 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	753 000	557 000	629 000	732 000
Total Assets	753 000	557 000	629 000	732 000
Total Retained Equity	248 000	289 000	325 000	227 000
Total Equity	278 000	319 000	355 000	257 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	474 000	238 000	274 000	475 000
Total Equity and Debt	753 000	557 000	629 000	732 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	801 000	1 826 000
Other Income	0	0	0	0
Revenue	0	0	801 000	1 826 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	102 000	631 000	1 076 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	21 000	144 000	692 000	1 174 000
Operating Profit	−21 000	−144 000	109 000	653 000
Financial Income	60 000	191 000	75 000	3 000
Financial Costs	80 000	64 000	11 000	2 000
Financial Balance	−20 000	127 000	64 000	1 000
Dividends	0	0	0	0
Net Income	−41 000	−16 000	149 000	510 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	737 000	537 000	570 000	287 000
Cash, Bank	15 000	20 000	32 000	250 000
Total Current Assets	753 000	557 000	629 000	732 000
Total Assets	753 000	557 000	629 000	732 000
Total Equity	278 000	319 000	355 000	257 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 000	6 000	9 000	6 000
Unpaid Taxes	29 000	29 000	47 000	163 000
Dividends	0	0	0	0
Other Current Debt	440 000	203 000	194 000	162 000
Total Current Debt	474 000	238 000	274 000	475 000
Total Equity and Debt	753 000	557 000	629 000	732 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,75 %	−5,02 %	41,97 %	198,44 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	13,61 %	35,76 %
Current Ratio	1,59	2,34	2,3	1,54
Quick Ratio	1,59	2,34	2,3	1,54
Equity Ratio	0,37	0,57	0,56	0,35
Gross Profit Margin	-	-	100 %	100 %