LARSEN HOLDING AS

6414 MOLDE

Finances

Share Ownership

Return on Equity

22,11 %

Current Ratio

3,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 067 000	1 016 000	666 000	742 000
Net Income	283 000	345 000	100 000	101 000
Total Assets	1 866 000	2 318 000	2 342 000	2 480 000
Total Equity	1 280 000	1 697 000	1 551 000	1 451 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 067 000	1 016 000	666 000	742 000
Expenditure	832 000	579 000	553 000	636 000
Operating Profit	236 000	436 000	114 000	106 000
Financial Income	11 000	6 000	15 000	24 000
Financial Costs	0	0	0	0
Financial Balance	11 000	6 000	15 000	24 000
Earnings Before Tax	246 000	443 000	128 000	129 000
Tax	−37 000	97 000	28 000	28 000
Net Income	283 000	345 000	100 000	101 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	7 000	9 000	80 000
Total Current Assets	1 866 000	2 312 000	2 333 000	2 399 000
Total Assets	1 866 000	2 318 000	2 342 000	2 480 000
Total Retained Equity	1 180 000	1 597 000	1 451 000	1 351 000
Total Equity	1 280 000	1 697 000	1 551 000	1 451 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	587 000	622 000	791 000	1 029 000
Total Equity and Debt	1 866 000	2 318 000	2 342 000	2 480 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 067 000	1 016 000	666 000	742 000
Other Income	0	0	0	0
Revenue	1 067 000	1 016 000	666 000	742 000
Cost of Goods Sold	3 000	0	15 000	2 000
Salary Costs	713 000	492 000	471 000	550 000
Depreciation	0	3 000	4 000	4 000
Impairment	0	0	0	0
Expenditure	832 000	579 000	553 000	636 000
Operating Profit	236 000	436 000	114 000	106 000
Financial Income	11 000	6 000	15 000	24 000
Financial Costs	0	0	0	0
Financial Balance	11 000	6 000	15 000	24 000
Dividends	700 000	200 000	0	0
Net Income	283 000	345 000	100 000	101 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	7 000	6 000	6 000
Real Eastate	0	0	3 000	7 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	3 000	7 000
Total Fiancial Fixed Assets	0	0	0	68 000
Total Fixed Assets	0	7 000	9 000	80 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 333 000	1 953 000	2 159 000	2 212 000
Total Current Assets	1 866 000	2 312 000	2 333 000	2 399 000
Total Assets	1 866 000	2 318 000	2 342 000	2 480 000
Total Equity	1 280 000	1 697 000	1 551 000	1 451 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	11 000	1 000	2 000	1 000
Unpaid Taxes	265 000	284 000	197 000	161 000
Dividends	700 000	200 000	0	0
Other Current Debt	56 000	39 000	563 000	837 000
Total Current Debt	587 000	622 000	791 000	1 029 000
Total Equity and Debt	1 866 000	2 318 000	2 342 000	2 480 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,11 %	20,33 %	6,45 %	6,96 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	22,12 %	42,91 %	17,12 %	14,29 %
Current Ratio	3,18	3,72	2,95	2,33
Quick Ratio	3,18	3,72	2,95	2,33
Equity Ratio	0,69	0,73	0,66	0,59
Gross Profit Margin	99,72 %	100 %	97,75 %	99,73 %