LARSSEN SKO AS

5527 HAUGESUND

Finances

Return on Equity

60,16 %

Current Ratio

1,19

Debt-to-Equity Ratio

1,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	135 419 000	118 176 000	123 120 000	159 266 000
Net Income	9 287 000	−3 061 000	−12 953 000	−6 565 000
Total Assets	73 072 000	57 112 000	65 831 000	81 543 000
Total Equity	15 438 000	6 150 000	9 211 000	22 165 000

Income (NOK)	2022	2021	2020	2019
Revenue	135 419 000	118 176 000	123 120 000	159 266 000
Expenditure	124 709 000	120 099 000	130 677 000	165 824 000
Operating Profit	10 710 000	−1 923 000	−7 556 000	−6 558 000
Financial Income	1 446 000	327 000	357 000	557 000
Financial Costs	2 869 000	1 465 000	2 214 000	2 138 000
Financial Balance	−1 423 000	−1 138 000	−1 857 000	−1 581 000
Earnings Before Tax	9 287 000	−3 061 000	−9 413 000	−8 139 000
Tax	0	0	3 540 000	−1 574 000
Net Income	9 287 000	−3 061 000	−12 953 000	−6 565 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 722 000	25 308 000	27 323 000	38 005 000
Total Current Assets	44 350 000	31 803 000	38 508 000	43 538 000
Total Assets	73 072 000	57 112 000	65 831 000	81 543 000
Total Retained Equity	9 287 000	0	0	3 605 000
Total Equity	15 438 000	6 150 000	9 211 000	22 165 000
Total Long-Term Debt	20 220 000	19 352 000	15 132 000	11 051 000
Total Current Debt	37 415 000	31 609 000	41 488 000	48 327 000
Total Equity and Debt	73 072 000	57 112 000	65 831 000	81 543 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	135 550 000	118 192 000	119 635 000	158 081 000
Other Income	−131 000	−16 000	3 486 000	1 185 000
Revenue	135 419 000	118 176 000	123 120 000	159 266 000
Cost of Goods Sold	57 232 000	53 980 000	53 619 000	71 550 000
Salary Costs	29 955 000	30 290 000	33 793 000	45 235 000
Depreciation	1 342 000	1 589 000	4 476 000	5 211 000
Impairment	0	0	2 102 000	0
Expenditure	124 709 000	120 099 000	130 677 000	165 824 000
Operating Profit	10 710 000	−1 923 000	−7 556 000	−6 558 000
Financial Income	1 446 000	327 000	357 000	557 000
Financial Costs	2 869 000	1 465 000	2 214 000	2 138 000
Financial Balance	−1 423 000	−1 138 000	−1 857 000	−1 581 000
Dividends	0	0	0	0
Net Income	9 287 000	−3 061 000	−12 953 000	−6 565 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	1 990 000
Total Intangible Assets	2 548 000	0	0	5 530 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	4 000
Fixtures	4 257 000	2 352 000	3 309 000	7 893 000
Total Tangible Assets	4 257 000	2 352 000	3 309 000	7 897 000
Total Fiancial Fixed Assets	21 917 000	22 956 000	24 014 000	24 578 000
Total Fixed Assets	28 722 000	25 308 000	27 323 000	38 005 000
Stock	39 408 000	26 249 000	31 475 000	36 533 000
Total Investments	0	0	0	0
Cash, Bank	1 006 000	1 158 000	1 390 000	150 000
Total Current Assets	44 350 000	31 803 000	38 508 000	43 538 000
Total Assets	73 072 000	57 112 000	65 831 000	81 543 000
Total Equity	15 438 000	6 150 000	9 211 000	22 165 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 220 000	19 352 000	15 132 000	11 051 000
Creditors	12 918 000	8 076 000	9 148 000	10 095 000
Unpaid Taxes	4 906 000	5 879 000	6 164 000	9 532 000
Dividends	0	0	0	0
Other Current Debt	7 151 000	7 260 000	9 156 000	9 839 000
Total Current Debt	37 415 000	31 609 000	41 488 000	48 327 000
Total Equity and Debt	73 072 000	57 112 000	65 831 000	81 543 000

Financial indicators	2022	2021	2020	2019
Return on Equity	60,16 %	−49,77 %	−140,63 %	−29,62 %
Debt-to-Equity Ratio	1,31	3,15	1,64	0,5
Operating Profit Margin	7,91 %	−1,63 %	−6,14 %	−4,12 %
Current Ratio	1,19	1,01	0,93	0,9
Quick Ratio	−22,25	5,93	3,85	3,69
Equity Ratio	0,21	0,11	0,14	0,27
Gross Profit Margin	57,74 %	54,32 %	56,45 %	55,08 %