LARSENS BAKERI AS

4563 BORHAUG

Finances

Return on Equity

−0,71 %

Current Ratio

0,74

Debt-to-Equity Ratio

1,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 498 000	21 419 000	14 259 000	12 937 000
Net Income	−8 000	922 000	279 000	−111 000
Total Assets	5 302 000	5 707 000	4 556 000	3 622 000
Total Equity	1 129 000	1 137 000	518 000	239 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 498 000	21 419 000	14 259 000	12 937 000
Expenditure	19 507 000	20 357 000	14 078 000	13 037 000
Operating Profit	−8 000	1 062 000	181 000	−100 000
Financial Income	70 000	102 000	211 000	89 000
Financial Costs	90 000	63 000	114 000	99 000
Financial Balance	−20 000	39 000	97 000	−10 000
Earnings Before Tax	−28 000	1 101 000	279 000	−111 000
Tax	−21 000	180 000	0	0
Net Income	−8 000	922 000	279 000	−111 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 459 000	3 375 000	2 837 000	2 130 000
Total Current Assets	1 843 000	2 332 000	1 719 000	1 492 000
Total Assets	5 302 000	5 707 000	4 556 000	3 622 000
Total Retained Equity	779 000	786 000	167 000	−111 000
Total Equity	1 129 000	1 137 000	518 000	239 000
Total Long-Term Debt	1 687 000	1 898 000	1 720 000	1 916 000
Total Current Debt	2 486 000	2 672 000	2 317 000	1 467 000
Total Equity and Debt	5 302 000	5 707 000	4 556 000	3 622 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 498 000	21 391 000	14 259 000	12 937 000
Other Income	0	28 000	0	0
Revenue	19 498 000	21 419 000	14 259 000	12 937 000
Cost of Goods Sold	5 583 000	6 183 000	4 323 000	3 745 000
Salary Costs	9 268 000	9 698 000	6 405 000	6 274 000
Depreciation	861 000	689 000	496 000	466 000
Impairment	0	0	0	0
Expenditure	19 507 000	20 357 000	14 078 000	13 037 000
Operating Profit	−8 000	1 062 000	181 000	−100 000
Financial Income	70 000	102 000	211 000	89 000
Financial Costs	90 000	63 000	114 000	99 000
Financial Balance	−20 000	39 000	97 000	−10 000
Dividends	0	215 000	0	0
Net Income	−8 000	922 000	279 000	−111 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	80 000	180 000	280 000	380 000
Total Intangible Assets	80 000	180 000	280 000	380 000
Real Eastate	418 000	430 000	0	0
Machinery and Plant Facilities	2 949 000	2 753 000	2 544 000	1 737 000
Fixtures	0	0	0	0
Total Tangible Assets	3 367 000	3 183 000	2 544 000	1 737 000
Total Fiancial Fixed Assets	13 000	13 000	13 000	13 000
Total Fixed Assets	3 459 000	3 375 000	2 837 000	2 130 000
Stock	890 000	727 000	690 000	556 000
Total Investments	5 000	7 000	7 000	0
Cash, Bank	344 000	833 000	418 000	204 000
Total Current Assets	1 843 000	2 332 000	1 719 000	1 492 000
Total Assets	5 302 000	5 707 000	4 556 000	3 622 000
Total Equity	1 129 000	1 137 000	518 000	239 000
Short-Term Group Debt	328 000	113 000	0	0
Total Long-Term Debt	1 687 000	1 898 000	1 720 000	1 916 000
Creditors	687 000	567 000	826 000	409 000
Unpaid Taxes	696 000	784 000	690 000	457 000
Dividends	0	215 000	0	0
Other Current Debt	772 000	909 000	801 000	600 000
Total Current Debt	2 486 000	2 672 000	2 317 000	1 467 000
Total Equity and Debt	5 302 000	5 707 000	4 556 000	3 622 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,71 %	81,09 %	53,86 %	−46,44 %
Debt-to-Equity Ratio	1,49	1,67	3,32	8,02
Operating Profit Margin	−0,04 %	4,96 %	1,27 %	−0,77 %
Current Ratio	0,74	0,87	0,74	1,02
Quick Ratio	1,15	1,2	1,06	1,64
Equity Ratio	0,21	0,2	0,11	0,07
Gross Profit Margin	71,37 %	71,13 %	69,68 %	71,05 %