LARS MYHRE ØSTFOLD AS

1706 SARPSBORG

Finances

Share Ownership

Return on Equity

26,13 %

Current Ratio

2,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 073 000	7 776 000	7 177 000	8 153 000
Net Income	681 000	1 160 000	458 000	1 062 000
Total Assets	4 703 000	4 440 000	4 612 000	5 014 000
Total Equity	2 606 000	2 605 000	2 545 000	2 807 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 073 000	7 776 000	7 177 000	8 153 000
Expenditure	6 210 000	6 295 000	6 604 000	6 811 000
Operating Profit	862 000	1 481 000	573 000	1 342 000
Financial Income	16 000	8 000	18 000	19 000
Financial Costs	4 000	1 000	3 000	0
Financial Balance	12 000	7 000	15 000	19 000
Earnings Before Tax	874 000	1 487 000	588 000	1 361 000
Tax	193 000	327 000	130 000	299 000
Net Income	681 000	1 160 000	458 000	1 062 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	70 000	75 000	103 000	134 000
Total Current Assets	4 633 000	4 365 000	4 510 000	4 880 000
Total Assets	4 703 000	4 440 000	4 612 000	5 014 000
Total Retained Equity	2 306 000	2 305 000	2 245 000	2 507 000
Total Equity	2 606 000	2 605 000	2 545 000	2 807 000
Total Long-Term Debt	0	5 000	8 000	0
Total Current Debt	2 097 000	1 830 000	2 058 000	2 207 000
Total Equity and Debt	4 703 000	4 440 000	4 612 000	5 014 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 073 000	7 776 000	7 177 000	8 153 000
Other Income	0	0	0	0
Revenue	7 073 000	7 776 000	7 177 000	8 153 000
Cost of Goods Sold	0	0	0	0
Salary Costs	5 168 000	5 423 000	5 439 000	5 828 000
Depreciation	27 000	27 000	27 000	28 000
Impairment	0	0	0	0
Expenditure	6 210 000	6 295 000	6 604 000	6 811 000
Operating Profit	862 000	1 481 000	573 000	1 342 000
Financial Income	16 000	8 000	18 000	19 000
Financial Costs	4 000	1 000	3 000	0
Financial Balance	12 000	7 000	15 000	19 000
Dividends	680 000	0	720 000	600 000
Net Income	681 000	1 160 000	458 000	1 062 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	22 000	0	0	5 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	48 000	75 000	103 000	130 000
Total Tangible Assets	48 000	75 000	103 000	130 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	70 000	75 000	103 000	134 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 480 000	3 276 000	3 210 000	2 703 000
Total Current Assets	4 633 000	4 365 000	4 510 000	4 880 000
Total Assets	4 703 000	4 440 000	4 612 000	5 014 000
Total Equity	2 606 000	2 605 000	2 545 000	2 807 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	5 000	8 000	0
Creditors	10 000	12 000	7 000	10 000
Unpaid Taxes	647 000	848 000	622 000	717 000
Dividends	680 000	0	720 000	600 000
Other Current Debt	540 000	639 000	592 000	581 000
Total Current Debt	2 097 000	1 830 000	2 058 000	2 207 000
Total Equity and Debt	4 703 000	4 440 000	4 612 000	5 014 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,13 %	44,53 %	18 %	37,83 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,19 %	19,05 %	7,98 %	16,46 %
Current Ratio	2,21	2,39	2,19	2,21
Quick Ratio	2,21	2,39	2,19	2,21
Equity Ratio	0,55	0,59	0,55	0,56
Gross Profit Margin	100 %	100 %	100 %	100 %