LARSEN BLIKKENSLAGERVERKSTED AS

9404 HARSTAD

Finances

Share Ownership

Return on Equity

−6,76 %

Current Ratio

3,26

Debt-to-Equity Ratio

0,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 455 000	1 915 000	1 540 000	1 633 000
Net Income	−30 000	155 000	94 000	26 000
Total Assets	1 035 000	1 222 000	1 064 000	1 166 000
Total Equity	444 000	474 000	320 000	226 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 455 000	1 915 000	1 540 000	1 633 000
Expenditure	1 494 000	1 716 000	1 419 000	1 591 000
Operating Profit	−38 000	199 000	120 000	43 000
Financial Income	0	0	1 000	0
Financial Costs	0	1 000	0	9 000
Financial Balance	0	−1 000	1 000	−9 000
Earnings Before Tax	−39 000	198 000	121 000	34 000
Tax	−8 000	44 000	27 000	8 000
Net Income	−30 000	155 000	94 000	26 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	353 000	489 000	503 000	555 000
Total Current Assets	682 000	733 000	561 000	611 000
Total Assets	1 035 000	1 222 000	1 064 000	1 166 000
Total Retained Equity	344 000	374 000	220 000	126 000
Total Equity	444 000	474 000	320 000	226 000
Total Long-Term Debt	382 000	442 000	529 000	158 000
Total Current Debt	209 000	306 000	216 000	783 000
Total Equity and Debt	1 035 000	1 222 000	1 064 000	1 166 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 455 000	1 915 000	1 540 000	1 493 000
Other Income	0	0	1 000	141 000
Revenue	1 455 000	1 915 000	1 540 000	1 633 000
Cost of Goods Sold	191 000	391 000	165 000	470 000
Salary Costs	700 000	686 000	710 000	537 000
Depreciation	136 000	120 000	113 000	147 000
Impairment	0	0	0	0
Expenditure	1 494 000	1 716 000	1 419 000	1 591 000
Operating Profit	−38 000	199 000	120 000	43 000
Financial Income	0	0	1 000	0
Financial Costs	0	1 000	0	9 000
Financial Balance	0	−1 000	1 000	−9 000
Dividends	0	0	0	0
Net Income	−30 000	155 000	94 000	26 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	11 000
Real Eastate	29 000	50 000	72 000	93 000
Machinery and Plant Facilities	0	0	0	310 000
Fixtures	325 000	439 000	431 000	141 000
Total Tangible Assets	353 000	489 000	503 000	544 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	353 000	489 000	503 000	555 000
Stock	277 000	184 000	194 000	100 000
Total Investments	0	0	0	0
Cash, Bank	240 000	569 000	368 000	415 000
Total Current Assets	682 000	733 000	561 000	611 000
Total Assets	1 035 000	1 222 000	1 064 000	1 166 000
Total Equity	444 000	474 000	320 000	226 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	382 000	442 000	529 000	158 000
Creditors	75 000	5 000	3 000	75 000
Unpaid Taxes	65 000	82 000	75 000	57 000
Dividends	0	0	0	0
Other Current Debt	68 000	174 000	137 000	651 000
Total Current Debt	209 000	306 000	216 000	783 000
Total Equity and Debt	1 035 000	1 222 000	1 064 000	1 166 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,76 %	32,7 %	29,38 %	11,5 %
Debt-to-Equity Ratio	0,86	0,93	1,65	0,7
Operating Profit Margin	−2,61 %	10,39 %	7,79 %	2,63 %
Current Ratio	3,26	2,4	2,6	0,78
Quick Ratio	−10,03	6,01	25,5	0,89
Equity Ratio	0,43	0,39	0,3	0,19
Gross Profit Margin	86,87 %	79,58 %	89,29 %	71,22 %