LARSEN HODLING AS

3290 STAVERN

Finances

Return on Equity

22,47 %

Current Ratio

7,39

Debt-to-Equity Ratio

1,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	815 000	265 000	0	0
Net Income	131 000	174 000	263 000	0
Total Assets	1 522 000	1 221 000	740 000	403 000
Total Equity	583 000	452 000	278 000	15 000

Income (NOK)	2022	2021	2020
Revenue	815 000	265 000	0
Expenditure	637 000	41 000	1 000
Operating Profit	178 000	224 000	−1 000
Financial Income	3 000	0	338 000
Financial Costs	14 000	0	0
Financial Balance	−11 000	0	338 000
Earnings Before Tax	167 000	224 000	337 000
Tax	37 000	49 000	74 000
Net Income	131 000	174 000	263 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	400 000
Total Current Assets	1 522 000	1 221 000	740 000	3 000
Total Assets	1 522 000	1 221 000	740 000	403 000
Total Retained Equity	553 000	422 000	248 000	−15 000
Total Equity	583 000	452 000	278 000	15 000
Total Long-Term Debt	734 000	686 000	388 000	388 000
Total Current Debt	206 000	82 000	74 000	0
Total Equity and Debt	1 522 000	1 221 000	740 000	403 000

Cash flow (NOK)	2022	2021	2020
Sales Income	815 000	265 000	0
Other Income	0	0	0
Revenue	815 000	265 000	0
Cost of Goods Sold	0	0	0
Salary Costs	530 000	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	637 000	41 000	1 000
Operating Profit	178 000	224 000	−1 000
Financial Income	3 000	0	338 000
Financial Costs	14 000	0	0
Financial Balance	−11 000	0	338 000
Dividends	0	0	0
Net Income	131 000	174 000	263 000

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	0	0	0	400 000
Total Fixed Assets	0	0	0	400 000
Stock	0	0	0	0
Total Investments	989 000	989 000	0	0
Cash, Bank	283 000	231 000	740 000	3 000
Total Current Assets	1 522 000	1 221 000	740 000	3 000
Total Assets	1 522 000	1 221 000	740 000	403 000
Total Equity	583 000	452 000	278 000	15 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	734 000	686 000	388 000	388 000
Creditors	7 000	0	0	0
Unpaid Taxes	108 000	33 000	0	0
Dividends	0	0	0	0
Other Current Debt	54 000	0	0	0
Total Current Debt	206 000	82 000	74 000	0
Total Equity and Debt	1 522 000	1 221 000	740 000	403 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,47 %	38,5 %	94,6 %	0 %
Debt-to-Equity Ratio	1,26	1,52	1,4	25,87
Operating Profit Margin	21,84 %	84,53 %	-	-
Current Ratio	7,39	14,89	10	-
Quick Ratio	7,39	14,89	10	-
Equity Ratio	0,38	0,37	0,38	0,04
Gross Profit Margin	100 %	100 %	-	-