LARSEN UTVIKLING AS

1553 SON

Finances

Share Ownership

Return on Equity

−49,19 %

Current Ratio

1,39

Debt-to-Equity Ratio

3,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	895 000	912 000	952 000	471 000
Net Income	−61 000	84 000	101 000	1 000
Total Assets	682 000	812 000	291 000	94 000
Total Equity	124 000	185 000	101 000	0

Income (NOK)	2022	2021	2020	2019
Revenue	895 000	912 000	952 000	471 000
Expenditure	931 000	816 000	850 000	477 000
Operating Profit	−37 000	97 000	101 000	−6 000
Financial Income	0	0	0	0
Financial Costs	24 000	13 000	0	−7 000
Financial Balance	−24 000	−13 000	0	7 000
Earnings Before Tax	−61 000	84 000	101 000	1 000
Tax	0	0	0	0
Net Income	−61 000	84 000	101 000	1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	434 000	539 000	0	9 000
Total Current Assets	247 000	272 000	291 000	85 000
Total Assets	682 000	812 000	291 000	94 000
Total Retained Equity	24 000	85 000	1 000	−100 000
Total Equity	124 000	185 000	101 000	0
Total Long-Term Debt	380 000	468 000	0	16 000
Total Current Debt	178 000	159 000	190 000	78 000
Total Equity and Debt	682 000	812 000	291 000	94 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	895 000	872 000	952 000	471 000
Other Income	0	40 000	0	0
Revenue	895 000	912 000	952 000	471 000
Cost of Goods Sold	290 000	303 000	305 000	156 000
Salary Costs	355 000	162 000	372 000	131 000
Depreciation	105 000	90 000	9 000	56 000
Impairment	0	0	0	0
Expenditure	931 000	816 000	850 000	477 000
Operating Profit	−37 000	97 000	101 000	−6 000
Financial Income	0	0	0	0
Financial Costs	24 000	13 000	0	−7 000
Financial Balance	−24 000	−13 000	0	7 000
Dividends	0	0	0	0
Net Income	−61 000	84 000	101 000	1 000

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	434 000	539 000	0	9 000
Total Tangible Assets	434 000	539 000	0	9 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	434 000	539 000	0	9 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	79 000	251 000	258 000	84 000
Total Current Assets	247 000	272 000	291 000	85 000
Total Assets	682 000	812 000	291 000	94 000
Total Equity	124 000	185 000	101 000	0
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	380 000	468 000	0	16 000
Creditors	7 000	24 000	12 000	2 000
Unpaid Taxes	60 000	35 000	58 000	18 000
Dividends	0	0	0	0
Other Current Debt	111 000	99 000	120 000	57 000
Total Current Debt	178 000	159 000	190 000	78 000
Total Equity and Debt	682 000	812 000	291 000	94 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−49,19 %	45,41 %	100 %	-
Debt-to-Equity Ratio	3,06	2,53	0	-
Operating Profit Margin	−4,13 %	10,64 %	10,61 %	−1,27 %
Current Ratio	1,39	1,71	1,53	1,09
Quick Ratio	1,39	1,71	1,53	1,09
Equity Ratio	0,18	0,23	0,35	0
Gross Profit Margin	67,6 %	66,78 %	67,96 %	66,88 %