LARS SÆTERØY & SØNN AS

6520 FREI

Finances

Return on Equity

14,42 %

Current Ratio

1,57

Debt-to-Equity Ratio

1,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	35 305 000	38 665 000	24 806 000	14 415 000
Net Income	494 000	1 292 000	562 000	−680 000
Total Assets	24 358 000	31 056 000	15 937 000	12 947 000
Total Equity	3 426 000	2 932 000	1 939 000	1 377 000

Income (NOK)	2022	2021	2020	2019
Revenue	35 305 000	38 665 000	24 806 000	14 415 000
Expenditure	34 118 000	36 694 000	23 758 000	15 364 000
Operating Profit	1 187 000	1 972 000	1 048 000	−949 000
Financial Income	2 000	0	0	205 000
Financial Costs	545 000	312 000	326 000	176 000
Financial Balance	−543 000	−312 000	−326 000	29 000
Earnings Before Tax	643 000	1 660 000	722 000	−920 000
Tax	150 000	367 000	160 000	−240 000
Net Income	494 000	1 292 000	562 000	−680 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	530 000	1 825 000	2 246 000	2 529 000
Total Current Assets	23 829 000	29 231 000	13 691 000	10 418 000
Total Assets	24 358 000	31 056 000	15 937 000	12 947 000
Total Retained Equity	3 326 000	2 832 000	1 839 000	1 277 000
Total Equity	3 426 000	2 932 000	1 939 000	1 377 000
Total Long-Term Debt	5 742 000	6 652 000	4 483 000	5 363 000
Total Current Debt	15 191 000	21 473 000	9 514 000	6 207 000
Total Equity and Debt	24 358 000	31 056 000	15 937 000	12 947 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	33 797 000	38 965 000	24 687 000	14 414 000
Other Income	1 508 000	−300 000	119 000	1 000
Revenue	35 305 000	38 665 000	24 806 000	14 415 000
Cost of Goods Sold	27 790 000	31 015 000	19 011 000	10 203 000
Salary Costs	4 524 000	4 172 000	3 462 000	4 013 000
Depreciation	126 000	158 000	151 000	162 000
Impairment	0	0	0	0
Expenditure	34 118 000	36 694 000	23 758 000	15 364 000
Operating Profit	1 187 000	1 972 000	1 048 000	−949 000
Financial Income	2 000	0	0	205 000
Financial Costs	545 000	312 000	326 000	176 000
Financial Balance	−543 000	−312 000	−326 000	29 000
Dividends	0	300 000	0	0
Net Income	494 000	1 292 000	562 000	−680 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	283 000	443 000
Real Eastate	0	1 693 000	1 763 000	1 850 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	417 000	52 000	119 000	156 000
Total Tangible Assets	417 000	1 745 000	1 882 000	2 006 000
Total Fiancial Fixed Assets	113 000	80 000	80 000	80 000
Total Fixed Assets	530 000	1 825 000	2 246 000	2 529 000
Stock	22 135 000	28 458 000	13 383 000	9 629 000
Total Investments	0	0	0	0
Cash, Bank	162 000	144 000	129 000	239 000
Total Current Assets	23 829 000	29 231 000	13 691 000	10 418 000
Total Assets	24 358 000	31 056 000	15 937 000	12 947 000
Total Equity	3 426 000	2 932 000	1 939 000	1 377 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 742 000	6 652 000	4 483 000	5 363 000
Creditors	790 000	3 806 000	929 000	557 000
Unpaid Taxes	494 000	783 000	427 000	422 000
Dividends	0	300 000	0	0
Other Current Debt	511 000	764 000	699 000	1 004 000
Total Current Debt	15 191 000	21 473 000	9 514 000	6 207 000
Total Equity and Debt	24 358 000	31 056 000	15 937 000	12 947 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,42 %	44,07 %	28,98 %	−49,38 %
Debt-to-Equity Ratio	1,68	2,27	2,31	3,89
Operating Profit Margin	3,36 %	5,1 %	4,22 %	−6,58 %
Current Ratio	1,57	1,36	1,44	1,68
Quick Ratio	−3,43	−4,18	−3,54	−3,04
Equity Ratio	0,14	0,09	0,12	0,11
Gross Profit Margin	21,29 %	19,79 %	23,36 %	29,22 %