LARSEN MEKANISKE AS

8907 BRØNNØYSUND

Finances

Share Ownership

Return on Equity

36,7 %

Current Ratio

2,87

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 932 000	6 607 000	5 810 000	5 418 000
Net Income	855 000	776 000	732 000	528 000
Total Assets	3 489 000	3 143 000	2 972 000	2 207 000
Total Equity	2 330 000	1 764 000	1 638 000	1 606 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 932 000	6 607 000	5 810 000	5 418 000
Expenditure	5 825 000	5 599 000	4 872 000	4 741 000
Operating Profit	1 107 000	1 009 000	938 000	677 000
Financial Income	21 000	2 000	1 000	1 000
Financial Costs	0	0	0	1 000
Financial Balance	21 000	2 000	1 000	0
Earnings Before Tax	1 128 000	1 010 000	939 000	677 000
Tax	272 000	234 000	207 000	149 000
Net Income	855 000	776 000	732 000	528 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	164 000	295 000	427 000	491 000
Total Current Assets	3 326 000	2 848 000	2 545 000	1 716 000
Total Assets	3 489 000	3 143 000	2 972 000	2 207 000
Total Retained Equity	2 300 000	1 734 000	1 608 000	1 576 000
Total Equity	2 330 000	1 764 000	1 638 000	1 606 000
Total Long-Term Debt	0	0	2 000	2 000
Total Current Debt	1 160 000	1 379 000	1 332 000	599 000
Total Equity and Debt	3 489 000	3 143 000	2 972 000	2 207 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 915 000	6 594 000	5 810 000	5 418 000
Other Income	17 000	14 000	0	0
Revenue	6 932 000	6 607 000	5 810 000	5 418 000
Cost of Goods Sold	3 410 000	3 308 000	2 750 000	2 700 000
Salary Costs	1 369 000	1 408 000	1 274 000	1 065 000
Depreciation	132 000	132 000	84 000	92 000
Impairment	0	0	0	0
Expenditure	5 825 000	5 599 000	4 872 000	4 741 000
Operating Profit	1 107 000	1 009 000	938 000	677 000
Financial Income	21 000	2 000	1 000	1 000
Financial Costs	0	0	0	1 000
Financial Balance	21 000	2 000	1 000	0
Dividends	290 000	650 000	700 000	0
Net Income	855 000	776 000	732 000	528 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	119 000	138 000	156 000	174 000
Machinery and Plant Facilities	23 000	120 000	0	0
Fixtures	22 000	37 000	271 000	317 000
Total Tangible Assets	164 000	295 000	427 000	491 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	164 000	295 000	427 000	491 000
Stock	0	0	0	0
Total Investments	1 000	1 000	1 000	1 000
Cash, Bank	2 938 000	2 758 000	2 226 000	1 497 000
Total Current Assets	3 326 000	2 848 000	2 545 000	1 716 000
Total Assets	3 489 000	3 143 000	2 972 000	2 207 000
Total Equity	2 330 000	1 764 000	1 638 000	1 606 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	2 000	2 000
Creditors	194 000	23 000	114 000	182 000
Unpaid Taxes	122 000	235 000	187 000	164 000
Dividends	290 000	650 000	700 000	0
Other Current Debt	281 000	235 000	124 000	105 000
Total Current Debt	1 160 000	1 379 000	1 332 000	599 000
Total Equity and Debt	3 489 000	3 143 000	2 972 000	2 207 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,7 %	43,99 %	44,69 %	32,88 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,97 %	15,27 %	16,14 %	12,5 %
Current Ratio	2,87	2,07	1,91	2,86
Quick Ratio	2,87	2,07	1,91	2,86
Equity Ratio	0,67	0,56	0,55	0,73
Gross Profit Margin	50,81 %	49,93 %	52,67 %	50,17 %