LARSEN & HAUGELAND AS

3158 ANDEBU

Finances

Share Ownership

Return on Equity

87,72 %

Current Ratio

2,03

Debt-to-Equity Ratio

8,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	355 000	245 000	116 000	70 000
Net Income	50 000	2 000	−11 000	−8 000
Total Assets	635 000	523 000	488 000	318 000
Total Equity	57 000	7 000	5 000	14 000

Income (NOK)	2022	2021	2020	2019
Revenue	355 000	245 000	116 000	70 000
Expenditure	292 000	258 000	127 000	79 000
Operating Profit	63 000	2 000	−11 000	−8 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Earnings Before Tax	63 000	2 000	−11 000	−8 000
Tax	14 000	0	0	0
Net Income	50 000	2 000	−11 000	−8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	444 000	449 000	390 000	239 000
Total Current Assets	191 000	74 000	98 000	79 000
Total Assets	635 000	523 000	488 000	318 000
Total Retained Equity	27 000	−23 000	−25 000	−16 000
Total Equity	57 000	7 000	5 000	14 000
Total Long-Term Debt	484 000	484 000	484 000	304 000
Total Current Debt	94 000	31 000	−2 000	0
Total Equity and Debt	635 000	523 000	488 000	318 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	306 000	166 000	107 000	70 000
Other Income	49 000	79 000	9 000	0
Revenue	355 000	245 000	116 000	70 000
Cost of Goods Sold	91 000	72 000	43 000	25 000
Salary Costs	0	0	0	0
Depreciation	105 000	118 000	36 000	22 000
Impairment	0	0	0	0
Expenditure	292 000	258 000	127 000	79 000
Operating Profit	63 000	2 000	−11 000	−8 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Dividends	0	0	0	0
Net Income	50 000	2 000	−11 000	−8 000

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	202 000	449 000	390 000	239 000
Fixtures	243 000	0	0	0
Total Tangible Assets	444 000	449 000	390 000	239 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	444 000	449 000	390 000	239 000
Stock	41 000	15 000	0	0
Total Investments	0	0	0	0
Cash, Bank	130 000	59 000	98 000	79 000
Total Current Assets	191 000	74 000	98 000	79 000
Total Assets	635 000	523 000	488 000	318 000
Total Equity	57 000	7 000	5 000	14 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	484 000	484 000	484 000	304 000
Creditors	0	0	0	0
Unpaid Taxes	0	−7 000	−4 000	0
Dividends	0	0	0	0
Other Current Debt	80 000	38 000	3 000	0
Total Current Debt	94 000	31 000	−2 000	0
Total Equity and Debt	635 000	523 000	488 000	318 000

Financial indicators	2022	2021	2020	2019
Return on Equity	87,72 %	28,57 %	−220 %	−57,14 %
Debt-to-Equity Ratio	8,49	69,14	96,8	21,71
Operating Profit Margin	17,75 %	0,82 %	−9,48 %	−11,43 %
Current Ratio	2,03	2,39	−49	-
Quick Ratio	3,6	4,63	−49	-
Equity Ratio	0,09	0,01	0,01	0,04
Gross Profit Margin	74,37 %	70,61 %	62,93 %	64,29 %