LARSEN BIL AS

4903 TVEDESTRAND

Finances

Share Ownership

Return on Equity

10,15 %

Current Ratio

7,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 015 000	5 773 000	6 328 000	5 570 000
Net Income	854 000	1 182 000	1 234 000	896 000
Total Assets	9 381 000	8 839 000	7 921 000	6 668 000
Total Equity	8 414 000	7 760 000	6 778 000	5 744 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 015 000	5 773 000	6 328 000	5 570 000
Expenditure	3 956 000	4 274 000	4 780 000	4 441 000
Operating Profit	1 060 000	1 499 000	1 549 000	1 129 000
Financial Income	42 000	14 000	20 000	27 000
Financial Costs	1 000	0	2 000	1 000
Financial Balance	41 000	14 000	18 000	26 000
Earnings Before Tax	1 100 000	1 512 000	1 567 000	1 155 000
Tax	246 000	330 000	333 000	259 000
Net Income	854 000	1 182 000	1 234 000	896 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 393 000	2 535 000	2 715 000	2 643 000
Total Current Assets	6 988 000	6 304 000	5 207 000	4 025 000
Total Assets	9 381 000	8 839 000	7 921 000	6 668 000
Total Retained Equity	8 114 000	7 460 000	6 478 000	5 444 000
Total Equity	8 414 000	7 760 000	6 778 000	5 744 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	967 000	1 080 000	1 144 000	924 000
Total Equity and Debt	9 381 000	8 839 000	7 921 000	6 668 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 015 000	5 741 000	6 286 000	5 543 000
Other Income	0	32 000	43 000	28 000
Revenue	5 015 000	5 773 000	6 328 000	5 570 000
Cost of Goods Sold	2 003 000	2 241 000	2 436 000	2 230 000
Salary Costs	1 153 000	1 298 000	1 564 000	1 432 000
Depreciation	172 000	180 000	168 000	166 000
Impairment	0	0	0	0
Expenditure	3 956 000	4 274 000	4 780 000	4 441 000
Operating Profit	1 060 000	1 499 000	1 549 000	1 129 000
Financial Income	42 000	14 000	20 000	27 000
Financial Costs	1 000	0	2 000	1 000
Financial Balance	41 000	14 000	18 000	26 000
Dividends	200 000	200 000	200 000	200 000
Net Income	854 000	1 182 000	1 234 000	896 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 130 000	2 221 000	2 318 000	2 421 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	263 000	314 000	397 000	222 000
Total Tangible Assets	2 393 000	2 535 000	2 715 000	2 643 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 393 000	2 535 000	2 715 000	2 643 000
Stock	88 000	69 000	108 000	85 000
Total Investments	0	0	0	0
Cash, Bank	6 704 000	6 009 000	4 628 000	3 497 000
Total Current Assets	6 988 000	6 304 000	5 207 000	4 025 000
Total Assets	9 381 000	8 839 000	7 921 000	6 668 000
Total Equity	8 414 000	7 760 000	6 778 000	5 744 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	192 000	202 000	211 000	257 000
Unpaid Taxes	192 000	220 000	253 000	206 000
Dividends	200 000	200 000	200 000	200 000
Other Current Debt	136 000	128 000	147 000	202 000
Total Current Debt	967 000	1 080 000	1 144 000	924 000
Total Equity and Debt	9 381 000	8 839 000	7 921 000	6 668 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,15 %	15,23 %	18,21 %	15,6 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	21,14 %	25,97 %	24,48 %	20,27 %
Current Ratio	7,23	5,84	4,55	4,36
Quick Ratio	7,95	6,24	5,03	4,8
Equity Ratio	0,9	0,88	0,86	0,86
Gross Profit Margin	60,06 %	61,18 %	61,5 %	59,96 %