LARO EIENDOMSSERVICE AS

1911 FLATEBY

Finances

Share Ownership

Return on Equity

129,76 %

Current Ratio

0,56

Debt-to-Equity Ratio

−5,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 903 000	12 065 000	11 818 000	12 342 000
Net Income	−484 000	235 000	118 000	271 000
Total Assets	4 137 000	4 621 000	3 616 000	4 303 000
Total Equity	−373 000	112 000	101 000	107 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 903 000	12 065 000	11 818 000	12 342 000
Expenditure	13 370 000	11 697 000	11 602 000	11 933 000
Operating Profit	−468 000	368 000	216 000	408 000
Financial Income	2 000	0	1 000	7 000
Financial Costs	106 000	64 000	63 000	66 000
Financial Balance	−104 000	−64 000	−62 000	−59 000
Earnings Before Tax	−572 000	304 000	154 000	350 000
Tax	−88 000	68 000	36 000	79 000
Net Income	−484 000	235 000	118 000	271 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 697 000	3 032 000	1 997 000	2 537 000
Total Current Assets	1 440 000	1 589 000	1 619 000	1 765 000
Total Assets	4 137 000	4 621 000	3 616 000	4 303 000
Total Retained Equity	−473 000	12 000	1 000	7 000
Total Equity	−373 000	112 000	101 000	107 000
Total Long-Term Debt	1 954 000	1 779 000	985 000	1 140 000
Total Current Debt	2 555 000	2 730 000	2 531 000	3 056 000
Total Equity and Debt	4 137 000	4 621 000	3 616 000	4 303 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 767 000	11 996 000	11 817 000	12 318 000
Other Income	136 000	69 000	1 000	24 000
Revenue	12 903 000	12 065 000	11 818 000	12 342 000
Cost of Goods Sold	3 368 000	2 680 000	2 556 000	3 405 000
Salary Costs	6 741 000	6 493 000	6 734 000	6 451 000
Depreciation	676 000	525 000	549 000	566 000
Impairment	0	0	0	0
Expenditure	13 370 000	11 697 000	11 602 000	11 933 000
Operating Profit	−468 000	368 000	216 000	408 000
Financial Income	2 000	0	1 000	7 000
Financial Costs	106 000	64 000	63 000	66 000
Financial Balance	−104 000	−64 000	−62 000	−59 000
Dividends	0	225 000	124 000	265 000
Net Income	−484 000	235 000	118 000	271 000

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	88 000	0
Fixtures	2 550 000	2 834 000	1 868 000	2 537 000
Total Tangible Assets	2 550 000	2 834 000	1 956 000	2 537 000
Total Fiancial Fixed Assets	147 000	198 000	41 000	0
Total Fixed Assets	2 697 000	3 032 000	1 997 000	2 537 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	798 000	1 054 000	1 223 000	916 000
Total Current Assets	1 440 000	1 589 000	1 619 000	1 765 000
Total Assets	4 137 000	4 621 000	3 616 000	4 303 000
Total Equity	−373 000	112 000	101 000	107 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 954 000	1 779 000	985 000	1 140 000
Creditors	738 000	453 000	326 000	760 000
Unpaid Taxes	779 000	923 000	862 000	831 000
Dividends	0	225 000	124 000	265 000
Other Current Debt	1 039 000	1 085 000	1 170 000	1 137 000
Total Current Debt	2 555 000	2 730 000	2 531 000	3 056 000
Total Equity and Debt	4 137 000	4 621 000	3 616 000	4 303 000

Financial indicators	2022	2021	2020	2019
Return on Equity	129,76 %	209,82 %	116,83 %	253,27 %
Debt-to-Equity Ratio	−5,24	15,88	9,75	10,65
Operating Profit Margin	−3,63 %	3,05 %	1,83 %	3,31 %
Current Ratio	0,56	0,58	0,64	0,58
Quick Ratio	0,56	0,58	0,64	0,58
Equity Ratio	−0,09	0,02	0,03	0,02
Gross Profit Margin	73,9 %	77,79 %	78,37 %	72,41 %