Larsnes Mek Verksted AS

6084 LARSNES

Finances

Return on Equity

22,59 %

Current Ratio

1,21

Debt-to-Equity Ratio

1,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	772 277 000	607 209 000	476 435 000	512 495 000
Net Income	35 144 000	30 636 000	28 715 000	1 730 000
Total Assets	447 886 000	214 236 000	151 981 000	127 365 000
Total Equity	155 541 000	121 437 000	92 722 000	65 007 000

Income (NOK)	2022	2021	2020	2019
Revenue	772 277 000	607 209 000	476 435 000	512 495 000
Expenditure	722 551 000	568 374 000	438 910 000	509 502 000
Operating Profit	49 726 000	38 835 000	37 526 000	2 993 000
Financial Income	1 496 000	1 898 000	918 000	425 000
Financial Costs	6 106 000	1 435 000	1 593 000	1 146 000
Financial Balance	−4 610 000	463 000	−675 000	−721 000
Earnings Before Tax	45 116 000	39 298 000	36 851 000	2 272 000
Tax	9 972 000	8 663 000	8 136 000	543 000
Net Income	35 144 000	30 636 000	28 715 000	1 730 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	330 002 000	108 288 000	47 041 000	44 674 000
Total Current Assets	117 884 000	105 948 000	104 940 000	82 691 000
Total Assets	447 886 000	214 236 000	151 981 000	127 365 000
Total Retained Equity	135 616 000	101 587 000	72 722 000	45 007 000
Total Equity	155 541 000	121 437 000	92 722 000	65 007 000
Total Long-Term Debt	194 886 000	14 235 000	11 597 000	11 457 000
Total Current Debt	97 459 000	78 563 000	47 663 000	50 901 000
Total Equity and Debt	447 886 000	214 236 000	151 981 000	127 365 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	772 277 000	607 209 000	476 435 000	512 495 000
Other Income	0	0	0	0
Revenue	772 277 000	607 209 000	476 435 000	512 495 000
Cost of Goods Sold	646 422 000	506 388 000	381 644 000	454 623 000
Salary Costs	56 171 000	48 837 000	45 656 000	42 152 000
Depreciation	3 443 000	2 819 000	2 828 000	2 775 000
Impairment	0	0	0	0
Expenditure	722 551 000	568 374 000	438 910 000	509 502 000
Operating Profit	49 726 000	38 835 000	37 526 000	2 993 000
Financial Income	1 496 000	1 898 000	918 000	425 000
Financial Costs	6 106 000	1 435 000	1 593 000	1 146 000
Financial Balance	−4 610 000	463 000	−675 000	−721 000
Dividends	1 400 000	1 200 000	1 000 000	750 000
Net Income	35 144 000	30 636 000	28 715 000	1 730 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	324 647 000	103 027 000	42 445 000	39 119 000
Machinery and Plant Facilities	3 411 000	3 593 000	3 582 000	4 294 000
Fixtures	1 530 000	1 205 000	747 000	766 000
Total Tangible Assets	329 588 000	107 826 000	46 774 000	44 179 000
Total Fiancial Fixed Assets	414 000	462 000	268 000	495 000
Total Fixed Assets	330 002 000	108 288 000	47 041 000	44 674 000
Stock	6 098 000	5 621 000	5 097 000	4 962 000
Total Investments	0	0	0	0
Cash, Bank	10 036 000	16 593 000	34 747 000	34 676 000
Total Current Assets	117 884 000	105 948 000	104 940 000	82 691 000
Total Assets	447 886 000	214 236 000	151 981 000	127 365 000
Total Equity	155 541 000	121 437 000	92 722 000	65 007 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	194 886 000	14 235 000	11 597 000	11 457 000
Creditors	74 201 000	58 404 000	29 354 000	38 164 000
Unpaid Taxes	4 625 000	4 037 000	3 765 000	2 641 000
Dividends	1 400 000	1 200 000	1 000 000	750 000
Other Current Debt	10 043 000	10 342 000	7 167 000	9 346 000
Total Current Debt	97 459 000	78 563 000	47 663 000	50 901 000
Total Equity and Debt	447 886 000	214 236 000	151 981 000	127 365 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,59 %	25,23 %	30,97 %	2,66 %
Debt-to-Equity Ratio	1,25	0,12	0,13	0,18
Operating Profit Margin	6,44 %	6,4 %	7,88 %	0,58 %
Current Ratio	1,21	1,35	2,2	1,62
Quick Ratio	1,29	1,45	2,47	1,8
Equity Ratio	0,35	0,57	0,61	0,51
Gross Profit Margin	16,3 %	16,6 %	19,9 %	11,29 %