LARS KROGSTAD AS

1639 GAMLE FREDRIKSTAD

Finances

Return on Equity

20,51 %

Current Ratio

1,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	447 000	393 000	493 000	467 000
Net Income	48 000	36 000	74 000	109 000
Total Assets	382 000	328 000	342 000	299 000
Total Equity	234 000	236 000	200 000	176 000

Income (NOK)	2022	2021	2020	2019
Revenue	447 000	393 000	493 000	467 000
Expenditure	387 000	346 000	382 000	327 000
Operating Profit	60 000	47 000	110 000	140 000
Financial Income	10 000	0	14 000	1 000
Financial Costs	1 000	1 000	29 000	1 000
Financial Balance	9 000	−1 000	−15 000	0
Earnings Before Tax	70 000	46 000	95 000	140 000
Tax	22 000	10 000	21 000	31 000
Net Income	48 000	36 000	74 000	109 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	126 000	126 000	101 000	101 000
Total Current Assets	257 000	203 000	242 000	199 000
Total Assets	382 000	328 000	342 000	299 000
Total Retained Equity	204 000	206 000	170 000	146 000
Total Equity	234 000	236 000	200 000	176 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	148 000	92 000	143 000	124 000
Total Equity and Debt	382 000	328 000	342 000	299 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	447 000	393 000	493 000	467 000
Other Income	0	0	0	0
Revenue	447 000	393 000	493 000	467 000
Cost of Goods Sold	0	0	0	0
Salary Costs	379 000	265 000	321 000	283 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	387 000	346 000	382 000	327 000
Operating Profit	60 000	47 000	110 000	140 000
Financial Income	10 000	0	14 000	1 000
Financial Costs	1 000	1 000	29 000	1 000
Financial Balance	9 000	−1 000	−15 000	0
Dividends	50 000	0	50 000	0
Net Income	48 000	36 000	74 000	109 000

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	126 000	126 000	101 000	101 000
Total Fixed Assets	126 000	126 000	101 000	101 000
Stock	0	0	0	0
Total Investments	94 000	57 000	0	60 000
Cash, Bank	143 000	110 000	204 000	97 000
Total Current Assets	257 000	203 000	242 000	199 000
Total Assets	382 000	328 000	342 000	299 000
Total Equity	234 000	236 000	200 000	176 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	1 000
Unpaid Taxes	38 000	42 000	37 000	35 000
Dividends	50 000	0	50 000	0
Other Current Debt	45 000	41 000	34 000	56 000
Total Current Debt	148 000	92 000	143 000	124 000
Total Equity and Debt	382 000	328 000	342 000	299 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,51 %	15,25 %	37 %	61,93 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,42 %	11,96 %	22,31 %	29,98 %
Current Ratio	1,74	2,21	1,69	1,6
Quick Ratio	1,74	2,21	1,69	1,6
Equity Ratio	0,61	0,72	0,58	0,59
Gross Profit Margin	100 %	100 %	100 %	100 %