BRØDRENE LARSEN AS

3179 ÅSGÅRDSTRAND

Finances

Share Ownership

Return on Equity

7,78 %

Current Ratio

0,36

Debt-to-Equity Ratio

0,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	534 000	588 000	556 000	682 000
Net Income	149 000	160 000	161 000	199 000
Total Assets	3 513 000	3 705 000	3 838 000	4 021 000
Total Equity	1 914 000	1 765 000	1 604 000	1 443 000

Income (NOK)	2022	2021	2020	2019
Revenue	534 000	588 000	556 000	682 000
Expenditure	296 000	332 000	282 000	343 000
Operating Profit	238 000	256 000	274 000	339 000
Financial Income	0	0	0	0
Financial Costs	47 000	51 000	67 000	84 000
Financial Balance	−47 000	−51 000	−67 000	−84 000
Earnings Before Tax	191 000	206 000	207 000	255 000
Tax	42 000	45 000	46 000	56 000
Net Income	149 000	160 000	161 000	199 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 266 000	3 389 000	3 511 000	3 598 000
Total Current Assets	247 000	317 000	327 000	422 000
Total Assets	3 513 000	3 705 000	3 838 000	4 021 000
Total Retained Equity	1 812 000	1 663 000	1 502 000	1 341 000
Total Equity	1 914 000	1 765 000	1 604 000	1 443 000
Total Long-Term Debt	923 000	1 242 000	1 559 000	1 875 000
Total Current Debt	677 000	699 000	674 000	703 000
Total Equity and Debt	3 513 000	3 705 000	3 838 000	4 021 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	534 000	588 000	556 000	682 000
Revenue	534 000	588 000	556 000	682 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	122 000	122 000	121 000	119 000
Impairment	0	0	0	0
Expenditure	296 000	332 000	282 000	343 000
Operating Profit	238 000	256 000	274 000	339 000
Financial Income	0	0	0	0
Financial Costs	47 000	51 000	67 000	84 000
Financial Balance	−47 000	−51 000	−67 000	−84 000
Dividends	0	0	0	0
Net Income	149 000	160 000	161 000	199 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 241 000	3 354 000	3 467 000	3 580 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	25 000	35 000	44 000	19 000
Total Tangible Assets	3 266 000	3 389 000	3 511 000	3 598 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 266 000	3 389 000	3 511 000	3 598 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	170 000	213 000	225 000	348 000
Total Current Assets	247 000	317 000	327 000	422 000
Total Assets	3 513 000	3 705 000	3 838 000	4 021 000
Total Equity	1 914 000	1 765 000	1 604 000	1 443 000
Short-Term Group Debt	0	146 000	146 000	146 000
Total Long-Term Debt	923 000	1 242 000	1 559 000	1 875 000
Creditors	0	14 000	0	0
Unpaid Taxes	14 000	20 000	11 000	30 000
Dividends	0	0	0	0
Other Current Debt	615 000	470 000	470 000	470 000
Total Current Debt	677 000	699 000	674 000	703 000
Total Equity and Debt	3 513 000	3 705 000	3 838 000	4 021 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,78 %	9,07 %	10,04 %	13,79 %
Debt-to-Equity Ratio	0,48	0,7	0,97	1,3
Operating Profit Margin	44,57 %	43,54 %	49,28 %	49,71 %
Current Ratio	0,36	0,45	0,49	0,6
Quick Ratio	0,36	0,45	0,49	0,6
Equity Ratio	0,54	0,48	0,42	0,36
Gross Profit Margin	100 %	100 %	100 %	100 %