KENETH LARSEN HOLDING AS

9300 FINNSNES

Finances

Return on Equity

1,42 %

Current Ratio

2,7

Debt-to-Equity Ratio

1,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	123 893 000	124 520 000	114 026 000	0
Net Income	896 000	17 595 000	10 316 000	2 963 000
Total Assets	166 482 000	104 334 000	128 752 000	17 338 000
Total Equity	63 196 000	63 301 000	50 750 000	16 754 000

Income (NOK)	2022	2021	2020	2019
Revenue	123 893 000	124 520 000	114 026 000	0
Expenditure	120 742 000	101 155 000	98 233 000	37 000
Operating Profit	3 151 000	23 365 000	15 793 000	−37 000
Financial Income	262 000	30 000	153 000	3 000 000
Financial Costs	2 259 000	842 000	2 715 000	0
Financial Balance	−1 997 000	−812 000	−2 562 000	3 000 000
Earnings Before Tax	1 154 000	22 554 000	13 231 000	2 963 000
Tax	258 000	4 959 000	2 915 000	0
Net Income	896 000	17 595 000	10 316 000	2 963 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	124 527 000	57 918 000	85 670 000	17 278 000
Total Current Assets	41 955 000	46 416 000	43 082 000	60 000
Total Assets	166 482 000	104 334 000	128 752 000	17 338 000
Total Retained Equity	62 860 000	62 964 000	50 414 000	16 418 000
Total Equity	63 196 000	63 301 000	50 750 000	16 754 000
Total Long-Term Debt	87 759 000	25 658 000	60 010 000	0
Total Current Debt	15 527 000	15 375 000	17 991 000	584 000
Total Equity and Debt	166 482 000	104 334 000	128 752 000	17 338 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	112 428 000	103 320 000	110 578 000	0
Other Income	11 465 000	21 201 000	3 448 000	0
Revenue	123 893 000	124 520 000	114 026 000	0
Cost of Goods Sold	12 549 000	10 101 000	13 765 000	0
Salary Costs	30 385 000	27 709 000	25 414 000	0
Depreciation	2 606 000	3 603 000	4 119 000	0
Impairment	0	0	0	0
Expenditure	120 742 000	101 155 000	98 233 000	37 000
Operating Profit	3 151 000	23 365 000	15 793 000	−37 000
Financial Income	262 000	30 000	153 000	3 000 000
Financial Costs	2 259 000	842 000	2 715 000	0
Financial Balance	−1 997 000	−812 000	−2 562 000	3 000 000
Dividends	0	0	0	3 000 000
Net Income	896 000	17 595 000	10 316 000	2 963 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 861 000	7 021 000	44 118 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 319 000	5 691 000	3 894 000	0
Total Tangible Assets	85 991 000	31 312 000	69 012 000	0
Total Fiancial Fixed Assets	38 536 000	26 606 000	16 658 000	17 278 000
Total Fixed Assets	124 527 000	57 918 000	85 670 000	17 278 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 139 000	6 306 000	13 720 000	60 000
Total Current Assets	41 955 000	46 416 000	43 082 000	60 000
Total Assets	166 482 000	104 334 000	128 752 000	17 338 000
Total Equity	63 196 000	63 301 000	50 750 000	16 754 000
Short-Term Group Debt	0	0	0	565 000
Total Long-Term Debt	87 759 000	25 658 000	60 010 000	0
Creditors	10 590 000	6 029 000	8 017 000	0
Unpaid Taxes	2 072 000	5 350 000	4 286 000	0
Dividends	0	0	0	3 000 000
Other Current Debt	1 789 000	996 000	3 001 000	19 000
Total Current Debt	15 527 000	15 375 000	17 991 000	584 000
Total Equity and Debt	166 482 000	104 334 000	128 752 000	17 338 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,42 %	27,8 %	20,33 %	17,69 %
Debt-to-Equity Ratio	1,39	0,41	1,18	0
Operating Profit Margin	2,54 %	18,76 %	13,85 %	-
Current Ratio	2,7	3,02	2,39	0,1
Quick Ratio	2,7	3,02	2,39	0,1
Equity Ratio	0,38	0,61	0,39	0,97
Gross Profit Margin	89,87 %	91,89 %	87,93 %	-