M.LARSEN INVEST AS

8800 SANDNESSJØEN

Finances

Share Ownership

Return on Equity

92,31 %

Current Ratio

1,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	504 000	275 000	258 000	832 000
Net Income	24 000	50 000	36 000	−136 000
Total Assets	159 000	70 000	66 000	87 000
Total Equity	26 000	2 000	−48 000	−83 000

Income (NOK)	2022	2021	2020	2019
Revenue	504 000	275 000	258 000	832 000
Expenditure	474 000	211 000	206 000	1 000 000
Operating Profit	30 000	65 000	52 000	−168 000
Financial Income	3 000	0	1 000	1 000
Financial Costs	2 000	1 000	8 000	8 000
Financial Balance	1 000	−1 000	−7 000	−7 000
Earnings Before Tax	31 000	64 000	46 000	−175 000
Tax	7 000	14 000	10 000	−38 000
Net Income	24 000	50 000	36 000	−136 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 000	14 000	28 000	38 000
Total Current Assets	152 000	56 000	37 000	49 000
Total Assets	159 000	70 000	66 000	87 000
Total Retained Equity	−4 000	−28 000	−78 000	−113 000
Total Equity	26 000	2 000	−48 000	−83 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	133 000	68 000	114 000	171 000
Total Equity and Debt	159 000	70 000	66 000	87 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 000	105 000	3 000	578 000
Other Income	497 000	170 000	255 000	253 000
Revenue	504 000	275 000	258 000	832 000
Cost of Goods Sold	0	7 000	0	226 000
Salary Costs	0	14 000	0	191 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	474 000	211 000	206 000	1 000 000
Operating Profit	30 000	65 000	52 000	−168 000
Financial Income	3 000	0	1 000	1 000
Financial Costs	2 000	1 000	8 000	8 000
Financial Balance	1 000	−1 000	−7 000	−7 000
Dividends	0	0	0	0
Net Income	24 000	50 000	36 000	−136 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 000	14 000	28 000	38 000
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	7 000	14 000	28 000	38 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	140 000	30 000	9 000	5 000
Total Current Assets	152 000	56 000	37 000	49 000
Total Assets	159 000	70 000	66 000	87 000
Total Equity	26 000	2 000	−48 000	−83 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	98 000	32 000	42 000	67 000
Unpaid Taxes	0	0	0	14 000
Dividends	0	0	0	0
Other Current Debt	35 000	36 000	72 000	89 000
Total Current Debt	133 000	68 000	114 000	171 000
Total Equity and Debt	159 000	70 000	66 000	87 000

Financial indicators	2022	2021	2020	2019
Return on Equity	92,31 %	2 500 %	−75 %	163,86 %
Debt-to-Equity Ratio	0	0	−0	−0
Operating Profit Margin	5,95 %	23,64 %	20,16 %	−20,19 %
Current Ratio	1,14	0,82	0,32	0,29
Quick Ratio	1,14	0,82	0,32	0,29
Equity Ratio	0,16	0,03	−0,73	−0,95
Gross Profit Margin	100 %	97,45 %	100 %	72,84 %