LARSEN MULTI SERVICE AS

4879 GRIMSTAD

Finances

Share Ownership

Return on Equity

68,07 %

Current Ratio

0,03

Debt-to-Equity Ratio

−10,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	213 000	218 000	188 000	148 000
Net Income	−81 000	−61 000	−77 000	76 000
Total Assets	1 712 000	1 766 000	1 728 000	122 000
Total Equity	−119 000	−38 000	23 000	100 000

Income (NOK)	2022	2021	2020	2019
Revenue	213 000	218 000	188 000	148 000
Expenditure	254 000	274 000	220 000	53 000
Operating Profit	−41 000	−56 000	−31 000	95 000
Financial Income	0	0	0	1 000
Financial Costs	63 000	43 000	46 000	0
Financial Balance	−63 000	−43 000	−46 000	1 000
Earnings Before Tax	−104 000	−99 000	−77 000	95 000
Tax	−23 000	−38 000	−1 000	20 000
Net Income	−81 000	−61 000	−77 000	76 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 693 000	1 727 000	1 726 000	25 000
Total Current Assets	19 000	39 000	2 000	97 000
Total Assets	1 712 000	1 766 000	1 728 000	122 000
Total Retained Equity	−143 000	−62 000	−1 000	76 000
Total Equity	−119 000	−38 000	23 000	100 000
Total Long-Term Debt	1 217 000	1 258 000	1 308 000	1 000
Total Current Debt	614 000	546 000	397 000	22 000
Total Equity and Debt	1 712 000	1 766 000	1 728 000	122 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	213 000	218 000	178 000	148 000
Other Income	0	0	10 000	0
Revenue	213 000	218 000	188 000	148 000
Cost of Goods Sold	112 000	114 000	106 000	0
Salary Costs	0	0	13 000	0
Depreciation	57 000	60 000	18 000	3 000
Impairment	0	0	0	0
Expenditure	254 000	274 000	220 000	53 000
Operating Profit	−41 000	−56 000	−31 000	95 000
Financial Income	0	0	0	1 000
Financial Costs	63 000	43 000	46 000	0
Financial Balance	−63 000	−43 000	−46 000	1 000
Dividends	0	0	0	0
Net Income	−81 000	−61 000	−77 000	76 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	61 000	38 000	0	0
Real Eastate	1 560 000	1 601 000	1 647 000	0
Machinery and Plant Facilities	40 000	50 000	63 000	0
Fixtures	32 000	38 000	16 000	25 000
Total Tangible Assets	1 632 000	1 689 000	1 726 000	25 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 693 000	1 727 000	1 726 000	25 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	22 000	35 000	1 000	94 000
Total Current Assets	19 000	39 000	2 000	97 000
Total Assets	1 712 000	1 766 000	1 728 000	122 000
Total Equity	−119 000	−38 000	23 000	100 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 217 000	1 258 000	1 308 000	1 000
Creditors	3 000	34 000	−14 000	2 000
Unpaid Taxes	3 000	6 000	2 000	0
Dividends	0	0	0	0
Other Current Debt	608 000	506 000	409 000	0
Total Current Debt	614 000	546 000	397 000	22 000
Total Equity and Debt	1 712 000	1 766 000	1 728 000	122 000

Financial indicators	2022	2021	2020	2019
Return on Equity	68,07 %	160,53 %	−334,78 %	76 %
Debt-to-Equity Ratio	−10,23	−33,11	56,87	0,01
Operating Profit Margin	−19,25 %	−25,69 %	−16,49 %	64,19 %
Current Ratio	0,03	0,07	0,01	4,41
Quick Ratio	0,03	0,07	0,01	4,41
Equity Ratio	−0,07	−0,02	0,01	0,82
Gross Profit Margin	47,42 %	47,71 %	43,62 %	100 %