LARSEN METALL AS

4520 LINDESNES

Finances

Share Ownership

Return on Equity

12,49 %

Current Ratio

1,61

Debt-to-Equity Ratio

0,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 304 000	3 998 000	5 246 000	4 189 000
Net Income	116 000	96 000	306 000	281 000
Total Assets	2 558 000	2 179 000	1 442 000	1 351 000
Total Equity	929 000	813 000	717 000	411 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 304 000	3 998 000	5 246 000	4 189 000
Expenditure	6 160 000	3 870 000	4 868 000	3 844 000
Operating Profit	144 000	128 000	378 000	346 000
Financial Income	0	0	8 000	2 000
Financial Costs	13 000	7 000	5 000	9 000
Financial Balance	−13 000	−7 000	3 000	−7 000
Earnings Before Tax	131 000	120 000	382 000	339 000
Tax	15 000	25 000	76 000	58 000
Net Income	116 000	96 000	306 000	281 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	452 000	65 000	91 000	63 000
Total Current Assets	2 107 000	2 114 000	1 351 000	1 288 000
Total Assets	2 558 000	2 179 000	1 442 000	1 351 000
Total Retained Equity	898 000	782 000	687 000	381 000
Total Equity	929 000	813 000	717 000	411 000
Total Long-Term Debt	319 000	14 000	43 000	170 000
Total Current Debt	1 311 000	1 352 000	682 000	770 000
Total Equity and Debt	2 558 000	2 179 000	1 442 000	1 351 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 304 000	3 998 000	5 243 000	4 189 000
Other Income	0	0	3 000	0
Revenue	6 304 000	3 998 000	5 246 000	4 189 000
Cost of Goods Sold	1 306 000	808 000	1 690 000	744 000
Salary Costs	3 850 000	1 985 000	2 357 000	2 472 000
Depreciation	55 000	17 000	18 000	56 000
Impairment	0	0	0	0
Expenditure	6 160 000	3 870 000	4 868 000	3 844 000
Operating Profit	144 000	128 000	378 000	346 000
Financial Income	0	0	8 000	2 000
Financial Costs	13 000	7 000	5 000	9 000
Financial Balance	−13 000	−7 000	3 000	−7 000
Dividends	0	0	0	0
Net Income	116 000	96 000	306 000	281 000

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	132 000	26 000	42 000	35 000
Fixtures	291 000	0	1 000	6 000
Total Tangible Assets	423 000	26 000	43 000	41 000
Total Fiancial Fixed Assets	29 000	38 000	48 000	22 000
Total Fixed Assets	452 000	65 000	91 000	63 000
Stock	710 000	926 000	141 000	84 000
Total Investments	0	0	0	0
Cash, Bank	621 000	508 000	790 000	227 000
Total Current Assets	2 107 000	2 114 000	1 351 000	1 288 000
Total Assets	2 558 000	2 179 000	1 442 000	1 351 000
Total Equity	929 000	813 000	717 000	411 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	319 000	14 000	43 000	170 000
Creditors	55 000	517 000	175 000	71 000
Unpaid Taxes	550 000	386 000	147 000	390 000
Dividends	0	0	0	0
Other Current Debt	691 000	425 000	285 000	251 000
Total Current Debt	1 311 000	1 352 000	682 000	770 000
Total Equity and Debt	2 558 000	2 179 000	1 442 000	1 351 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,49 %	11,81 %	42,68 %	68,37 %
Debt-to-Equity Ratio	0,34	0,02	0,06	0,41
Operating Profit Margin	2,28 %	3,2 %	7,21 %	8,26 %
Current Ratio	1,61	1,56	1,98	1,67
Quick Ratio	3,51	4,96	2,5	1,88
Equity Ratio	0,36	0,37	0,5	0,3
Gross Profit Margin	79,28 %	79,79 %	67,78 %	82,24 %