J.LARSEN AS

8616 MO I RANA

Finances

Return on Equity

67,4 %

Current Ratio

5,77

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	42 000	358 000	148 000	55 000
Net Income	1 540 000	135 000	5 000	36 000
Total Assets	2 616 000	1 105 000	929 000	454 000
Total Equity	2 285 000	745 000	610 000	124 000

Income (NOK)	2022	2021	2020	2019
Revenue	42 000	358 000	148 000	55 000
Expenditure	31 000	176 000	134 000	12 000
Operating Profit	10 000	182 000	15 000	43 000
Financial Income	1 539 000	0	0	0
Financial Costs	8 000	8 000	8 000	0
Financial Balance	1 531 000	−8 000	−8 000	0
Earnings Before Tax	1 541 000	174 000	7 000	43 000
Tax	1 000	38 000	2 000	7 000
Net Income	1 540 000	135 000	5 000	36 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	712 000	750 000	800 000	300 000
Total Current Assets	1 903 000	355 000	129 000	154 000
Total Assets	2 616 000	1 105 000	929 000	454 000
Total Retained Equity	1 717 000	177 000	41 000	36 000
Total Equity	2 285 000	745 000	610 000	124 000
Total Long-Term Debt	0	0	308 000	300 000
Total Current Debt	330 000	360 000	12 000	30 000
Total Equity and Debt	2 616 000	1 105 000	929 000	454 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	42 000	358 000	148 000	55 000
Other Income	0	0	0	0
Revenue	42 000	358 000	148 000	55 000
Cost of Goods Sold	0	105 000	21 000	0
Salary Costs	0	0	0	0
Depreciation	7 000	0	0	0
Impairment	0	0	0	0
Expenditure	31 000	176 000	134 000	12 000
Operating Profit	10 000	182 000	15 000	43 000
Financial Income	1 539 000	0	0	0
Financial Costs	8 000	8 000	8 000	0
Financial Balance	1 531 000	−8 000	−8 000	0
Dividends	0	0	0	0
Net Income	1 540 000	135 000	5 000	36 000

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	19 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	19 000	0	0	0
Total Fiancial Fixed Assets	693 000	750 000	800 000	300 000
Total Fixed Assets	712 000	750 000	800 000	300 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 902 000	347 000	104 000	59 000
Total Current Assets	1 903 000	355 000	129 000	154 000
Total Assets	2 616 000	1 105 000	929 000	454 000
Total Equity	2 285 000	745 000	610 000	124 000
Short-Term Group Debt	323 000	315 000	0	0
Total Long-Term Debt	0	0	308 000	300 000
Creditors	2 000	2 000	10 000	23 000
Unpaid Taxes	4 000	5 000	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	330 000	360 000	12 000	30 000
Total Equity and Debt	2 616 000	1 105 000	929 000	454 000

Financial indicators	2022	2021	2020	2019
Return on Equity	67,4 %	18,12 %	0,82 %	29,03 %
Debt-to-Equity Ratio	0	0	0,5	2,42
Operating Profit Margin	23,81 %	50,84 %	10,14 %	78,18 %
Current Ratio	5,77	0,99	10,75	5,13
Quick Ratio	5,77	0,99	10,75	5,13
Equity Ratio	0,87	0,67	0,66	0,27
Gross Profit Margin	100 %	70,67 %	85,81 %	100 %