LARSEN BILSERVICE AS

3919 PORSGRUNN

Finances

Share Ownership

Return on Equity

44,01 %

Current Ratio

2,14

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020
Revenue	6 574 000	5 355 000	5 957 000
Net Income	724 000	407 000	1 114 000
Total Assets	2 878 000	2 560 000	2 641 000
Total Equity	1 645 000	1 421 000	1 014 000

Income (NOK)	2022	2021	2020
Revenue	6 574 000	5 355 000	5 957 000
Expenditure	5 628 000	4 817 000	4 511 000
Operating Profit	947 000	539 000	1 446 000
Financial Income	2 000	0	1 000
Financial Costs	18 000	18 000	19 000
Financial Balance	−16 000	−18 000	−18 000
Earnings Before Tax	931 000	521 000	1 428 000
Tax	206 000	115 000	314 000
Net Income	724 000	407 000	1 114 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 105 000	1 159 000	1 241 000
Total Current Assets	1 774 000	1 402 000	1 400 000
Total Assets	2 878 000	2 560 000	2 641 000
Total Retained Equity	1 345 000	1 121 000	714 000
Total Equity	1 645 000	1 421 000	1 014 000
Total Long-Term Debt	405 000	507 000	599 000
Total Current Debt	828 000	633 000	1 028 000
Total Equity and Debt	2 878 000	2 560 000	2 641 000

Cash flow (NOK)	2022	2021	2020
Sales Income	6 574 000	5 355 000	5 685 000
Other Income	0	0	272 000
Revenue	6 574 000	5 355 000	5 957 000
Cost of Goods Sold	1 908 000	1 798 000	2 338 000
Salary Costs	2 741 000	2 084 000	1 327 000
Depreciation	198 000	181 000	62 000
Impairment	0	0	0
Expenditure	5 628 000	4 817 000	4 511 000
Operating Profit	947 000	539 000	1 446 000
Financial Income	2 000	0	1 000
Financial Costs	18 000	18 000	19 000
Financial Balance	−16 000	−18 000	−18 000
Dividends	500 000	0	400 000
Net Income	724 000	407 000	1 114 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	1 105 000	1 159 000	1 241 000
Total Tangible Assets	1 105 000	1 159 000	1 241 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	1 105 000	1 159 000	1 241 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 750 000	1 372 000	1 337 000
Total Current Assets	1 774 000	1 402 000	1 400 000
Total Assets	2 878 000	2 560 000	2 641 000
Total Equity	1 645 000	1 421 000	1 014 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	405 000	507 000	599 000
Creditors	27 000	47 000	29 000
Unpaid Taxes	349 000	287 000	263 000
Dividends	500 000	0	400 000
Other Current Debt	243 000	188 000	119 000
Total Current Debt	828 000	633 000	1 028 000
Total Equity and Debt	2 878 000	2 560 000	2 641 000

Financial indicators	2022	2021	2020
Return on Equity	44,01 %	28,64 %	109,86 %
Debt-to-Equity Ratio	0,25	0,36	0,59
Operating Profit Margin	14,41 %	10,07 %	24,27 %
Current Ratio	2,14	2,21	1,36
Quick Ratio	2,14	2,21	1,36
Equity Ratio	0,57	0,56	0,38
Gross Profit Margin	70,98 %	66,42 %	60,75 %