LARSEN TURBUSS AS

4042 HAFRSFJORD

Finances

Share Ownership

Return on Equity

594,19 %

Current Ratio

1,02

Debt-to-Equity Ratio

−1,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 933 000	5 647 000	4 443 000	6 538 000
Net Income	−511 000	−237 000	319 000	−241 000
Total Assets	669 000	1 169 000	1 064 000	1 593 000
Total Equity	−86 000	425 000	662 000	343 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 933 000	5 647 000	4 443 000	6 538 000
Expenditure	5 460 000	5 900 000	4 132 000	6 731 000
Operating Profit	−526 000	−253 000	312 000	−193 000
Financial Income	19 000	18 000	15 000	1 000
Financial Costs	4 000	4 000	6 000	29 000
Financial Balance	15 000	14 000	9 000	−28 000
Earnings Before Tax	−511 000	−239 000	321 000	−221 000
Tax	0	−2 000	2 000	20 000
Net Income	−511 000	−237 000	319 000	−241 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 000	118 000	158 000	575 000
Total Current Assets	657 000	1 051 000	907 000	1 017 000
Total Assets	669 000	1 169 000	1 064 000	1 593 000
Total Retained Equity	−226 000	285 000	522 000	203 000
Total Equity	−86 000	425 000	662 000	343 000
Total Long-Term Debt	112 000	0	2 000	359 000
Total Current Debt	643 000	744 000	401 000	890 000
Total Equity and Debt	669 000	1 169 000	1 064 000	1 593 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 813 000	5 527 000	3 208 000	6 538 000
Other Income	120 000	120 000	1 234 000	0
Revenue	4 933 000	5 647 000	4 443 000	6 538 000
Cost of Goods Sold	0	0	0	2 000
Salary Costs	1 803 000	1 987 000	1 831 000	3 480 000
Depreciation	10 000	15 000	117 000	561 000
Impairment	0	0	0	0
Expenditure	5 460 000	5 900 000	4 132 000	6 731 000
Operating Profit	−526 000	−253 000	312 000	−193 000
Financial Income	19 000	18 000	15 000	1 000
Financial Costs	4 000	4 000	6 000	29 000
Financial Balance	15 000	14 000	9 000	−28 000
Dividends	0	0	0	0
Net Income	−511 000	−237 000	319 000	−241 000

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	1 000	6 000	10 000	351 000
Fixtures	10 000	112 000	0	0
Total Tangible Assets	11 000	118 000	10 000	351 000
Total Fiancial Fixed Assets	0	0	147 000	225 000
Total Fixed Assets	11 000	118 000	158 000	575 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	246 000	424 000	572 000	412 000
Total Current Assets	657 000	1 051 000	907 000	1 017 000
Total Assets	669 000	1 169 000	1 064 000	1 593 000
Total Equity	−86 000	425 000	662 000	343 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	112 000	0	2 000	359 000
Creditors	358 000	451 000	189 000	334 000
Unpaid Taxes	52 000	46 000	71 000	203 000
Dividends	0	0	0	0
Other Current Debt	232 000	247 000	141 000	324 000
Total Current Debt	643 000	744 000	401 000	890 000
Total Equity and Debt	669 000	1 169 000	1 064 000	1 593 000

Financial indicators	2022	2021	2020	2019
Return on Equity	594,19 %	−55,76 %	48,19 %	−70,26 %
Debt-to-Equity Ratio	−1,3	0	0	1,05
Operating Profit Margin	−10,66 %	−4,48 %	7,02 %	−2,95 %
Current Ratio	1,02	1,41	2,26	1,14
Quick Ratio	1,02	1,41	2,26	1,14
Equity Ratio	−0,13	0,36	0,62	0,22
Gross Profit Margin	100 %	100 %	100 %	99,97 %