LARSEN HOLDING AS

4033 STAVANGER

Finances

Return on Equity

27,8 %

Current Ratio

1,73

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	138 573 000	125 412 000	125 470 000	128 078 000
Net Income	8 060 000	4 438 000	4 916 000	3 630 000
Total Assets	65 167 000	56 906 000	56 646 000	54 098 000
Total Equity	28 995 000	27 342 000	26 716 000	24 734 000

Income (NOK)	2022	2021	2020	2019
Revenue	138 573 000	125 412 000	125 470 000	128 078 000
Expenditure	128 892 000	119 825 000	118 327 000	122 945 000
Operating Profit	9 682 000	5 587 000	7 142 000	5 133 000
Financial Income	2 347 000	1 218 000	1 360 000	555 000
Financial Costs	1 783 000	1 100 000	2 181 000	1 023 000
Financial Balance	564 000	118 000	−821 000	−468 000
Earnings Before Tax	10 245 000	5 704 000	6 321 000	4 666 000
Tax	2 185 000	1 267 000	1 405 000	1 035 000
Net Income	8 060 000	4 438 000	4 916 000	3 630 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 930 000	8 495 000	5 869 000	7 281 000
Total Current Assets	57 237 000	48 411 000	50 777 000	46 816 000
Total Assets	65 167 000	56 906 000	56 646 000	54 098 000
Total Retained Equity	25 443 000	23 877 000	23 289 000	21 460 000
Total Equity	28 995 000	27 342 000	26 716 000	24 734 000
Total Long-Term Debt	3 001 000	4 047 000	5 347 000	7 021 000
Total Current Debt	33 172 000	25 518 000	24 584 000	22 343 000
Total Equity and Debt	65 167 000	56 906 000	56 646 000	54 098 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	138 573 000	125 412 000	125 470 000	128 078 000
Other Income	0	0	0	0
Revenue	138 573 000	125 412 000	125 470 000	128 078 000
Cost of Goods Sold	76 919 000	72 706 000	74 988 000	76 243 000
Salary Costs	33 564 000	30 285 000	28 332 000	30 547 000
Depreciation	932 000	995 000	1 108 000	1 523 000
Impairment	0	0	0	0
Expenditure	128 892 000	119 825 000	118 327 000	122 945 000
Operating Profit	9 682 000	5 587 000	7 142 000	5 133 000
Financial Income	2 347 000	1 218 000	1 360 000	555 000
Financial Costs	1 783 000	1 100 000	2 181 000	1 023 000
Financial Balance	564 000	118 000	−821 000	−468 000
Dividends	6 407 000	3 812 000	2 934 000	2 934 000
Net Income	8 060 000	4 438 000	4 916 000	3 630 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	646 000	515 000	435 000	303 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 576 000	2 402 000	3 231 000	4 877 000
Total Tangible Assets	1 576 000	2 402 000	3 231 000	4 877 000
Total Fiancial Fixed Assets	5 708 000	5 579 000	2 203 000	2 102 000
Total Fixed Assets	7 930 000	8 495 000	5 869 000	7 281 000
Stock	30 361 000	26 216 000	24 416 000	27 583 000
Total Investments	0	0	0	0
Cash, Bank	7 573 000	5 864 000	10 142 000	3 345 000
Total Current Assets	57 237 000	48 411 000	50 777 000	46 816 000
Total Assets	65 167 000	56 906 000	56 646 000	54 098 000
Total Equity	28 995 000	27 342 000	26 716 000	24 734 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 001 000	4 047 000	5 347 000	7 021 000
Creditors	12 786 000	10 330 000	9 299 000	6 816 000
Unpaid Taxes	6 273 000	5 835 000	6 662 000	6 250 000
Dividends	6 407 000	3 812 000	2 934 000	2 934 000
Other Current Debt	5 389 000	4 195 000	4 151 000	5 175 000
Total Current Debt	33 172 000	25 518 000	24 584 000	22 343 000
Total Equity and Debt	65 167 000	56 906 000	56 646 000	54 098 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,8 %	16,23 %	18,4 %	14,68 %
Debt-to-Equity Ratio	0,1	0,15	0,2	0,28
Operating Profit Margin	6,99 %	4,45 %	5,69 %	4,01 %
Current Ratio	1,73	1,9	2,07	2,1
Quick Ratio	20,36	−69,36	302,24	−8,93
Equity Ratio	0,44	0,48	0,47	0,46
Gross Profit Margin	44,49 %	42,03 %	40,23 %	40,47 %