VERDITAKSERING KJELL LARSEN AS

3916 PORSGRUNN

Finances

Share Ownership

Return on Equity

64,18 %

Current Ratio

2,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 773 000	17 820 000	20 177 000	19 929 000
Net Income	5 362 000	6 759 000	5 993 000	6 128 000
Total Assets	13 992 000	17 521 000	19 591 000	25 771 000
Total Equity	8 354 000	6 992 000	11 673 000	17 703 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 773 000	17 820 000	20 177 000	19 929 000
Expenditure	7 931 000	9 543 000	12 851 000	12 214 000
Operating Profit	6 842 000	8 277 000	7 325 000	7 714 000
Financial Income	35 000	23 000	373 000	143 000
Financial Costs	1 000	0	10 000	0
Financial Balance	34 000	23 000	363 000	143 000
Earnings Before Tax	6 877 000	8 300 000	7 687 000	7 857 000
Tax	1 515 000	1 541 000	1 694 000	1 729 000
Net Income	5 362 000	6 759 000	5 993 000	6 128 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	772 000	454 000	2 082 000	2 031 000
Total Current Assets	13 220 000	17 067 000	17 509 000	23 740 000
Total Assets	13 992 000	17 521 000	19 591 000	25 771 000
Total Retained Equity	8 154 000	6 792 000	3 970 000	6 552 000
Total Equity	8 354 000	6 992 000	11 673 000	17 703 000
Total Long-Term Debt	0	4 454 000	73 000	7 000
Total Current Debt	5 638 000	6 075 000	7 845 000	8 061 000
Total Equity and Debt	13 992 000	17 521 000	19 591 000	25 771 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 773 000	17 798 000	20 177 000	19 929 000
Other Income	0	22 000	0	0
Revenue	14 773 000	17 820 000	20 177 000	19 929 000
Cost of Goods Sold	677 000	1 024 000	2 154 000	1 904 000
Salary Costs	5 881 000	6 611 000	7 038 000	6 571 000
Depreciation	62 000	51 000	53 000	350 000
Impairment	0	0	0	0
Expenditure	7 931 000	9 543 000	12 851 000	12 214 000
Operating Profit	6 842 000	8 277 000	7 325 000	7 714 000
Financial Income	35 000	23 000	373 000	143 000
Financial Costs	1 000	0	10 000	0
Financial Balance	34 000	23 000	363 000	143 000
Dividends	0	0	12 000 000	0
Net Income	5 362 000	6 759 000	5 993 000	6 128 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	80 000	243 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	692 000	211 000	285 000	198 000
Total Tangible Assets	692 000	211 000	285 000	198 000
Total Fiancial Fixed Assets	0	0	1 797 000	1 833 000
Total Fixed Assets	772 000	454 000	2 082 000	2 031 000
Stock	0	0	0	0
Total Investments	0	0	2 876 000	2 665 000
Cash, Bank	5 862 000	4 705 000	6 529 000	8 775 000
Total Current Assets	13 220 000	17 067 000	17 509 000	23 740 000
Total Assets	13 992 000	17 521 000	19 591 000	25 771 000
Total Equity	8 354 000	6 992 000	11 673 000	17 703 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	4 454 000	73 000	7 000
Creditors	300 000	543 000	798 000	993 000
Unpaid Taxes	2 955 000	2 983 000	2 165 000	2 633 000
Dividends	0	0	12 000 000	0
Other Current Debt	1 030 000	693 000	1 260 000	2 712 000
Total Current Debt	5 638 000	6 075 000	7 845 000	8 061 000
Total Equity and Debt	13 992 000	17 521 000	19 591 000	25 771 000

Financial indicators	2022	2021	2020	2019
Return on Equity	64,18 %	96,67 %	51,34 %	34,62 %
Debt-to-Equity Ratio	0	0,64	0,01	0
Operating Profit Margin	46,31 %	46,45 %	36,3 %	38,71 %
Current Ratio	2,34	2,81	2,23	2,95
Quick Ratio	2,34	2,81	2,23	2,95
Equity Ratio	0,6	0,4	0,6	0,69
Gross Profit Margin	95,42 %	94,25 %	89,32 %	90,45 %