LARSEN OG SOLHEIM AS

5011 BERGEN

Finances

Share Ownership

Return on Equity

197,32 %

Current Ratio

1,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 040 000	492 000	456 000	1 021 000
Net Income	221 000	3 000	28 000	156 000
Total Assets	605 000	331 000	408 000	864 000
Total Equity	112 000	111 000	108 000	270 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 040 000	492 000	456 000	1 021 000
Expenditure	755 000	487 000	417 000	815 000
Operating Profit	285 000	5 000	39 000	206 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Earnings Before Tax	285 000	5 000	39 000	206 000
Tax	63 000	2 000	11 000	50 000
Net Income	221 000	3 000	28 000	156 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	605 000	331 000	408 000	864 000
Total Assets	605 000	331 000	408 000	864 000
Total Retained Equity	12 000	11 000	8 000	170 000
Total Equity	112 000	111 000	108 000	270 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	492 000	220 000	301 000	594 000
Total Equity and Debt	605 000	331 000	408 000	864 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 040 000	492 000	456 000	1 021 000
Other Income	0	0	0	0
Revenue	1 040 000	492 000	456 000	1 021 000
Cost of Goods Sold	36 000	67 000	32 000	41 000
Salary Costs	624 000	326 000	64 000	344 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	755 000	487 000	417 000	815 000
Operating Profit	285 000	5 000	39 000	206 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Dividends	220 000	0	190 000	100 000
Net Income	221 000	3 000	28 000	156 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	337 000	158 000	305 000	541 000
Total Current Assets	605 000	331 000	408 000	864 000
Total Assets	605 000	331 000	408 000	864 000
Total Equity	112 000	111 000	108 000	270 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	118 000	136 000	49 000	273 000
Dividends	220 000	0	190 000	100 000
Other Current Debt	91 000	82 000	51 000	172 000
Total Current Debt	492 000	220 000	301 000	594 000
Total Equity and Debt	605 000	331 000	408 000	864 000

Financial indicators	2022	2021	2020	2019
Return on Equity	197,32 %	2,7 %	25,93 %	57,78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	27,4 %	1,02 %	8,55 %	20,18 %
Current Ratio	1,23	1,5	1,36	1,45
Quick Ratio	1,23	1,5	1,36	1,45
Equity Ratio	0,19	0,34	0,26	0,31
Gross Profit Margin	96,54 %	86,38 %	92,98 %	95,98 %