JOHAN B. LARSEN FISK AS

8392 SØRVÅGEN

Finances

Share Ownership

Return on Equity

80,45 %

Current Ratio

0,58

Debt-to-Equity Ratio

−0,02

Key figures (NOK)	2017	2016	2015	2014
Revenue	150 009 000	91 762 000	85 513 000	71 026 000
Net Income	−8 060 000	−4 803 000	1 714 000	839 000
Total Assets	30 832 000	31 636 000	22 050 000	13 977 000
Total Equity	−10 019 000	−3 508 000	1 295 000	−419 000

Income (NOK)	2017	2016	2015	2014
Revenue	150 009 000	91 762 000	85 513 000	71 026 000
Expenditure	157 973 000	97 159 000	81 552 000	64 218 000
Operating Profit	−5 257 000	−4 676 000	3 507 000	2 540 000
Financial Income	1 447 000	2 629 000	1 478 000	1 295 000
Financial Costs	6 488 000	2 756 000	3 271 000	2 996 000
Financial Balance	−5 041 000	−127 000	−1 793 000	−1 701 000
Earnings Before Tax	−10 298 000	−4 803 000	1 714 000	839 000
Tax	−2 238 000	0	0	0
Net Income	−8 060 000	−4 803 000	1 714 000	839 000

Balance (NOK)	2017	2016	2015	2014
Total Fixed Assets	7 221 000	3 385 000	2 993 000	2 613 000
Total Current Assets	23 611 000	28 251 000	19 056 000	11 364 000
Total Assets	30 832 000	31 636 000	22 050 000	13 977 000
Total Retained Equity	−12 519 000	−6 008 000	−1 205 000	−2 919 000
Total Equity	−10 019 000	−3 508 000	1 295 000	−419 000
Total Long-Term Debt	185 000	472 000	537 000	0
Total Current Debt	40 666 000	34 672 000	20 217 000	14 396 000
Total Equity and Debt	30 832 000	31 636 000	22 050 000	13 977 000

Cash flow (NOK)	2017	2016	2015	2014
Sales Income	149 988 000	90 317 000	85 183 000	70 692 000
Other Income	21 000	1 445 000	330 000	334 000
Revenue	150 009 000	91 762 000	85 513 000	71 026 000
Cost of Goods Sold	126 564 000	74 389 000	62 535 000	46 179 000
Salary Costs	16 629 000	11 108 000	8 722 000	9 895 000
Depreciation	574 000	564 000	799 000	707 000
Impairment	0	0	0	0
Expenditure	157 973 000	97 159 000	81 552 000	64 218 000
Operating Profit	−5 257 000	−4 676 000	3 507 000	2 540 000
Financial Income	1 447 000	2 629 000	1 478 000	1 295 000
Financial Costs	6 488 000	2 756 000	3 271 000	2 996 000
Financial Balance	−5 041 000	−127 000	−1 793 000	−1 701 000
Dividends	0	0	0	0
Net Income	−8 060 000	−4 803 000	1 714 000	839 000

Balance details (NOK)	2017	2016	2015	2014
Goodwill	0	0	0	0
Total Intangible Assets	3 852 000	0	0	0
Real Eastate	418 000	417 000	445 000	413 000
Machinery and Plant Facilities	427 000	641 000	838 000	1 315 000
Fixtures	2 002 000	1 717 000	1 408 000	777 000
Total Tangible Assets	2 847 000	2 775 000	2 691 000	2 505 000
Total Fiancial Fixed Assets	521 000	610 000	303 000	108 000
Total Fixed Assets	7 221 000	3 385 000	2 993 000	2 613 000
Stock	4 701 000	1 994 000	1 293 000	1 421 000
Total Investments	0	0	0	0
Cash, Bank	4 468 000	4 296 000	3 394 000	377 000
Total Current Assets	23 611 000	28 251 000	19 056 000	11 364 000
Total Assets	30 832 000	31 636 000	22 050 000	13 977 000
Total Equity	−10 019 000	−3 508 000	1 295 000	−419 000
Short-Term Group Debt	755 000	0	0	0
Total Long-Term Debt	185 000	472 000	537 000	0
Creditors	23 576 000	17 229 000	8 048 000	4 371 000
Unpaid Taxes	511 000	1 084 000	166 000	355 000
Dividends	0	0	0	0
Other Current Debt	2 809 000	1 587 000	2 284 000	3 041 000
Total Current Debt	40 666 000	34 672 000	20 217 000	14 396 000
Total Equity and Debt	30 832 000	31 636 000	22 050 000	13 977 000

Financial indicators	2017	2016	2015	2014
Return on Equity	80,45 %	136,92 %	132,36 %	−200,24 %
Debt-to-Equity Ratio	−0,02	−0,13	0,41	−0
Operating Profit Margin	−3,5 %	−5,1 %	4,1 %	3,58 %
Current Ratio	0,58	0,81	0,94	0,79
Quick Ratio	0,66	0,86	1,01	0,88
Equity Ratio	−0,32	−0,11	0,06	−0,03
Gross Profit Margin	15,63 %	18,93 %	26,87 %	34,98 %