LARO STORSAND AS

7563 MALVIK

Finances

Return on Equity

6,61 %

Current Ratio

7,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	5 042 000	460 000	1 690 000	−563 000
Total Assets	85 077 000	79 984 000	75 182 000	74 335 000
Total Equity	76 260 000	71 218 000	73 758 000	72 067 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	451 000	339 000	457 000	351 000
Operating Profit	−451 000	−339 000	−457 000	−351 000
Financial Income	6 933 000	5 568 000	2 972 000	1 072 000
Financial Costs	276 000	4 150 000	485 000	1 443 000
Financial Balance	6 657 000	1 418 000	2 487 000	−371 000
Earnings Before Tax	6 206 000	1 078 000	2 030 000	−722 000
Tax	1 164 000	618 000	340 000	−159 000
Net Income	5 042 000	460 000	1 690 000	−563 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 972 000	23 076 000	23 183 000	22 681 000
Total Current Assets	62 105 000	56 908 000	51 999 000	51 654 000
Total Assets	85 077 000	79 984 000	75 182 000	74 335 000
Total Retained Equity	68 996 000	63 953 000	66 493 000	64 803 000
Total Equity	76 260 000	71 218 000	73 758 000	72 067 000
Total Long-Term Debt	111 000	116 000	120 000	0
Total Current Debt	8 706 000	8 650 000	1 304 000	2 267 000
Total Equity and Debt	85 077 000	79 984 000	75 182 000	74 335 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	34 000	17 000	16 000	17 000
Depreciation	104 000	107 000	95 000	87 000
Impairment	0	0	0	0
Expenditure	451 000	339 000	457 000	351 000
Operating Profit	−451 000	−339 000	−457 000	−351 000
Financial Income	6 933 000	5 568 000	2 972 000	1 072 000
Financial Costs	276 000	4 150 000	485 000	1 443 000
Financial Balance	6 657 000	1 418 000	2 487 000	−371 000
Dividends	0	3 000 000	0	0
Net Income	5 042 000	460 000	1 690 000	−563 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	5 000
Real Eastate	300 000	300 000	300 000	300 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	778 000	882 000	989 000	482 000
Total Tangible Assets	1 078 000	1 182 000	1 289 000	782 000
Total Fiancial Fixed Assets	21 894 000	21 894 000	21 894 000	21 894 000
Total Fixed Assets	22 972 000	23 076 000	23 183 000	22 681 000
Stock	0	0	0	0
Total Investments	9 600 000	10 000	0	0
Cash, Bank	46 953 000	51 751 000	51 933 000	49 917 000
Total Current Assets	62 105 000	56 908 000	51 999 000	51 654 000
Total Assets	85 077 000	79 984 000	75 182 000	74 335 000
Total Equity	76 260 000	71 218 000	73 758 000	72 067 000
Short-Term Group Debt	0	5 000 000	0	0
Total Long-Term Debt	111 000	116 000	120 000	0
Creditors	19 000	0	0	9 000
Unpaid Taxes	23 000	28 000	1 000	20 000
Dividends	0	3 000 000	0	0
Other Current Debt	4 495 000	0	1 089 000	2 239 000
Total Current Debt	8 706 000	8 650 000	1 304 000	2 267 000
Total Equity and Debt	85 077 000	79 984 000	75 182 000	74 335 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,61 %	0,65 %	2,29 %	−0,78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	7,13	6,58	39,88	22,79
Quick Ratio	7,13	6,58	39,88	22,79
Equity Ratio	0,9	0,89	0,98	0,97
Gross Profit Margin	-	-	-	-