FRANK LARSEN TRANSPORT AS

3160 STOKKE

Finances

Share Ownership

Return on Equity

−7,74 %

Current Ratio

3,54

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	794 000	717 000	2 682 000	2 103 000
Net Income	−40 000	−56 000	388 000	−185 000
Total Assets	725 000	741 000	833 000	1 163 000
Total Equity	517 000	558 000	614 000	226 000

Income (NOK)	2022	2021	2020	2019
Revenue	794 000	717 000	2 682 000	2 103 000
Expenditure	832 000	789 000	2 148 000	2 297 000
Operating Profit	−39 000	−72 000	534 000	−194 000
Financial Income	0	0	0	0
Financial Costs	10 000	0	36 000	42 000
Financial Balance	−10 000	0	−36 000	−42 000
Earnings Before Tax	−49 000	−72 000	498 000	−235 000
Tax	−9 000	−16 000	111 000	−50 000
Net Income	−40 000	−56 000	388 000	−185 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	185 000	324 000	254 000	706 000
Total Current Assets	541 000	416 000	579 000	456 000
Total Assets	725 000	741 000	833 000	1 163 000
Total Retained Equity	487 000	528 000	584 000	196 000
Total Equity	517 000	558 000	614 000	226 000
Total Long-Term Debt	55 000	58 000	76 000	651 000
Total Current Debt	153 000	125 000	143 000	285 000
Total Equity and Debt	725 000	741 000	833 000	1 163 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	786 000	689 000	2 323 000	2 347 000
Other Income	7 000	28 000	359 000	−243 000
Revenue	794 000	717 000	2 682 000	2 103 000
Cost of Goods Sold	2 000	5 000	4 000	0
Salary Costs	406 000	473 000	716 000	800 000
Depreciation	37 000	71 000	30 000	207 000
Impairment	0	0	0	0
Expenditure	832 000	789 000	2 148 000	2 297 000
Operating Profit	−39 000	−72 000	534 000	−194 000
Financial Income	0	0	0	0
Financial Costs	10 000	0	36 000	42 000
Financial Balance	−10 000	0	−36 000	−42 000
Dividends	0	0	0	0
Net Income	−40 000	−56 000	388 000	−185 000

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	185 000	324 000	254 000	706 000
Total Tangible Assets	185 000	324 000	254 000	706 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	185 000	324 000	254 000	706 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	228 000	338 000	532 000	303 000
Total Current Assets	541 000	416 000	579 000	456 000
Total Assets	725 000	741 000	833 000	1 163 000
Total Equity	517 000	558 000	614 000	226 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	55 000	58 000	76 000	651 000
Creditors	7 000	6 000	−6 000	91 000
Unpaid Taxes	84 000	58 000	53 000	122 000
Dividends	0	0	0	0
Other Current Debt	53 000	56 000	65 000	72 000
Total Current Debt	153 000	125 000	143 000	285 000
Total Equity and Debt	725 000	741 000	833 000	1 163 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,74 %	−10,04 %	63,19 %	−81,86 %
Debt-to-Equity Ratio	0,11	0,1	0,12	2,88
Operating Profit Margin	−4,91 %	−10,04 %	19,91 %	−9,22 %
Current Ratio	3,54	3,33	4,05	1,6
Quick Ratio	3,54	3,33	4,05	1,6
Equity Ratio	0,71	0,75	0,74	0,19
Gross Profit Margin	99,75 %	99,3 %	99,85 %	100 %