G K LARSEN AS

8360 BØSTAD

Finances

Return on Equity

16,29 %

Current Ratio

6,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 238 000	31 199 000	34 220 000	32 338 000
Net Income	3 187 000	3 418 000	4 053 000	3 822 000
Total Assets	23 158 000	21 323 000	19 020 000	16 081 000
Total Equity	19 562 000	17 375 000	14 957 000	11 904 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 238 000	31 199 000	34 220 000	32 338 000
Expenditure	26 330 000	26 975 000	29 243 000	27 654 000
Operating Profit	3 906 000	4 224 000	4 977 000	4 684 000
Financial Income	176 000	166 000	234 000	224 000
Financial Costs	0	7 000	2 000	0
Financial Balance	176 000	159 000	232 000	224 000
Earnings Before Tax	4 082 000	4 383 000	5 210 000	4 907 000
Tax	895 000	965 000	1 157 000	1 086 000
Net Income	3 187 000	3 418 000	4 053 000	3 822 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	103 000	92 000	134 000	192 000
Total Current Assets	23 055 000	21 231 000	18 885 000	15 889 000
Total Assets	23 158 000	21 323 000	19 020 000	16 081 000
Total Retained Equity	19 455 000	17 268 000	14 851 000	11 798 000
Total Equity	19 562 000	17 375 000	14 957 000	11 904 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 596 000	3 948 000	4 062 000	4 177 000
Total Equity and Debt	23 158 000	21 323 000	19 020 000	16 081 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 878 000	30 834 000	33 853 000	31 960 000
Other Income	359 000	365 000	367 000	378 000
Revenue	30 238 000	31 199 000	34 220 000	32 338 000
Cost of Goods Sold	20 498 000	21 071 000	23 010 000	21 214 000
Salary Costs	3 953 000	3 903 000	4 239 000	4 297 000
Depreciation	39 000	43 000	91 000	98 000
Impairment	0	0	0	0
Expenditure	26 330 000	26 975 000	29 243 000	27 654 000
Operating Profit	3 906 000	4 224 000	4 977 000	4 684 000
Financial Income	176 000	166 000	234 000	224 000
Financial Costs	0	7 000	2 000	0
Financial Balance	176 000	159 000	232 000	224 000
Dividends	1 000 000	1 000 000	1 000 000	1 000 000
Net Income	3 187 000	3 418 000	4 053 000	3 822 000

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	97 000	86 000	129 000	186 000
Total Tangible Assets	97 000	86 000	129 000	186 000
Total Fiancial Fixed Assets	6 000	6 000	6 000	6 000
Total Fixed Assets	103 000	92 000	134 000	192 000
Stock	1 230 000	1 310 000	1 247 000	1 174 000
Total Investments	0	0	0	0
Cash, Bank	20 700 000	18 425 000	15 828 000	13 091 000
Total Current Assets	23 055 000	21 231 000	18 885 000	15 889 000
Total Assets	23 158 000	21 323 000	19 020 000	16 081 000
Total Equity	19 562 000	17 375 000	14 957 000	11 904 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	859 000	1 070 000	994 000	1 175 000
Unpaid Taxes	442 000	365 000	390 000	415 000
Dividends	1 000 000	1 000 000	1 000 000	1 000 000
Other Current Debt	401 000	548 000	521 000	501 000
Total Current Debt	3 596 000	3 948 000	4 062 000	4 177 000
Total Equity and Debt	23 158 000	21 323 000	19 020 000	16 081 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,29 %	19,67 %	27,1 %	32,11 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,92 %	13,54 %	14,54 %	14,48 %
Current Ratio	6,41	5,38	4,65	3,8
Quick Ratio	9,74	8,05	6,71	5,29
Equity Ratio	0,84	0,81	0,79	0,74
Gross Profit Margin	32,21 %	32,46 %	32,76 %	34,4 %