LARSEN HANDELSGARTNERI AS

1738 BORGENHAUGEN

Finances

Share Ownership

Return on Equity

21,69 %

Current Ratio

2,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 540 000	11 506 000	11 059 000	10 160 000
Net Income	697 000	951 000	1 112 000	733 000
Total Assets	5 471 000	4 787 000	6 318 000	5 416 000
Total Equity	3 214 000	2 916 000	4 365 000	3 254 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 540 000	11 506 000	11 059 000	10 160 000
Expenditure	10 687 000	10 319 000	9 695 000	9 292 000
Operating Profit	853 000	1 187 000	1 365 000	868 000
Financial Income	42 000	32 000	62 000	72 000
Financial Costs	0	1 000	1 000	1 000
Financial Balance	42 000	31 000	61 000	71 000
Earnings Before Tax	894 000	1 219 000	1 425 000	939 000
Tax	197 000	268 000	314 000	206 000
Net Income	697 000	951 000	1 112 000	733 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 000	14 000	18 000	23 000
Total Current Assets	5 462 000	4 774 000	6 299 000	5 393 000
Total Assets	5 471 000	4 787 000	6 318 000	5 416 000
Total Retained Equity	3 184 000	2 886 000	4 335 000	3 224 000
Total Equity	3 214 000	2 916 000	4 365 000	3 254 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 258 000	1 871 000	1 952 000	2 163 000
Total Equity and Debt	5 471 000	4 787 000	6 318 000	5 416 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 540 000	11 506 000	11 059 000	10 160 000
Other Income	0	0	0	0
Revenue	11 540 000	11 506 000	11 059 000	10 160 000
Cost of Goods Sold	4 841 000	4 725 000	4 411 000	4 147 000
Salary Costs	4 878 000	4 559 000	4 466 000	4 260 000
Depreciation	5 000	5 000	5 000	5 000
Impairment	0	0	0	0
Expenditure	10 687 000	10 319 000	9 695 000	9 292 000
Operating Profit	853 000	1 187 000	1 365 000	868 000
Financial Income	42 000	32 000	62 000	72 000
Financial Costs	0	1 000	1 000	1 000
Financial Balance	42 000	31 000	61 000	71 000
Dividends	0	0	0	400 000
Net Income	697 000	951 000	1 112 000	733 000

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	9 000	13 000	18 000	23 000
Total Tangible Assets	9 000	13 000	18 000	23 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 000	14 000	18 000	23 000
Stock	259 000	228 000	147 000	174 000
Total Investments	0	0	0	0
Cash, Bank	4 780 000	4 332 000	5 961 000	5 021 000
Total Current Assets	5 462 000	4 774 000	6 299 000	5 393 000
Total Assets	5 471 000	4 787 000	6 318 000	5 416 000
Total Equity	3 214 000	2 916 000	4 365 000	3 254 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	614 000	328 000	363 000	310 000
Unpaid Taxes	816 000	823 000	868 000	851 000
Dividends	0	0	0	400 000
Other Current Debt	630 000	452 000	407 000	396 000
Total Current Debt	2 258 000	1 871 000	1 952 000	2 163 000
Total Equity and Debt	5 471 000	4 787 000	6 318 000	5 416 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,69 %	32,61 %	25,48 %	22,53 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,39 %	10,32 %	12,34 %	8,54 %
Current Ratio	2,42	2,55	3,23	2,49
Quick Ratio	2,73	2,91	3,49	2,71
Equity Ratio	0,59	0,61	0,69	0,6
Gross Profit Margin	58,05 %	58,93 %	60,11 %	59,18 %