LARSEN EIENDOMSSERVICE AS

1894 RAKKESTAD

Finances

Share Ownership

Return on Equity

50,1 %

Current Ratio

1,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 337 000	4 149 000	2 923 000	4 216 000
Net Income	749 000	708 000	−425 000	178 000
Total Assets	3 139 000	1 462 000	872 000	1 397 000
Total Equity	1 495 000	747 000	308 000	734 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 337 000	4 149 000	2 923 000	4 216 000
Expenditure	3 383 000	3 344 000	3 362 000	4 004 000
Operating Profit	954 000	805 000	−440 000	211 000
Financial Income	0	10 000	9 000	9 000
Financial Costs	6 000	4 000	6 000	5 000
Financial Balance	−6 000	6 000	3 000	4 000
Earnings Before Tax	949 000	811 000	−436 000	215 000
Tax	200 000	103 000	−11 000	38 000
Net Income	749 000	708 000	−425 000	178 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 103 000	460 000	420 000	617 000
Total Current Assets	2 036 000	1 003 000	452 000	781 000
Total Assets	3 139 000	1 462 000	872 000	1 397 000
Total Retained Equity	1 465 000	717 000	8 000	434 000
Total Equity	1 495 000	747 000	308 000	734 000
Total Long-Term Debt	4 000	0	0	11 000
Total Current Debt	1 640 000	716 000	563 000	653 000
Total Equity and Debt	3 139 000	1 462 000	872 000	1 397 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 311 000	4 078 000	2 918 000	4 096 000
Other Income	26 000	71 000	5 000	120 000
Revenue	4 337 000	4 149 000	2 923 000	4 216 000
Cost of Goods Sold	822 000	1 031 000	843 000	1 274 000
Salary Costs	984 000	1 095 000	1 335 000	1 459 000
Depreciation	237 000	162 000	225 000	185 000
Impairment	0	0	0	0
Expenditure	3 383 000	3 344 000	3 362 000	4 004 000
Operating Profit	954 000	805 000	−440 000	211 000
Financial Income	0	10 000	9 000	9 000
Financial Costs	6 000	4 000	6 000	5 000
Financial Balance	−6 000	6 000	3 000	4 000
Dividends	0	0	0	0
Net Income	749 000	708 000	−425 000	178 000

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	138 000	205 000	297 000
Fixtures	1 103 000	322 000	215 000	319 000
Total Tangible Assets	1 103 000	460 000	420 000	617 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 103 000	460 000	420 000	617 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	784 000	286 000	66 000	51 000
Total Current Assets	2 036 000	1 003 000	452 000	781 000
Total Assets	3 139 000	1 462 000	872 000	1 397 000
Total Equity	1 495 000	747 000	308 000	734 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	0	0	11 000
Creditors	828 000	287 000	238 000	32 000
Unpaid Taxes	117 000	155 000	189 000	211 000
Dividends	0	0	0	0
Other Current Debt	499 000	144 000	136 000	147 000
Total Current Debt	1 640 000	716 000	563 000	653 000
Total Equity and Debt	3 139 000	1 462 000	872 000	1 397 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,1 %	94,78 %	−137,99 %	24,25 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	22 %	19,4 %	−15,05 %	5 %
Current Ratio	1,24	1,4	0,8	1,2
Quick Ratio	1,24	1,4	0,8	1,2
Equity Ratio	0,48	0,51	0,35	0,53
Gross Profit Margin	81,05 %	75,15 %	71,16 %	69,78 %