LARVIKMEGLER'N AS

3256 LARVIK

Finances

Share Ownership

Return on Equity

14,67 %

Current Ratio

3,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 588 000	13 240 000	10 525 000	9 491 000
Net Income	631 000	1 393 000	736 000	−1 362 000
Total Assets	6 431 000	5 674 000	4 064 000	3 220 000
Total Equity	4 301 000	3 670 000	2 277 000	1 541 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 588 000	13 240 000	10 525 000	9 491 000
Expenditure	12 236 000	11 854 000	9 910 000	9 743 000
Operating Profit	352 000	1 385 000	615 000	−253 000
Financial Income	301 000	31 000	171 000	29 000
Financial Costs	22 000	22 000	49 000	28 000
Financial Balance	279 000	9 000	122 000	1 000
Earnings Before Tax	631 000	1 393 000	736 000	−251 000
Tax	0	0	0	1 111 000
Net Income	631 000	1 393 000	736 000	−1 362 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	274 000	576 000	912 000
Total Current Assets	6 431 000	5 400 000	3 488 000	2 307 000
Total Assets	6 431 000	5 674 000	4 064 000	3 220 000
Total Retained Equity	−58 000	−689 000	−2 083 000	−2 819 000
Total Equity	4 301 000	3 670 000	2 277 000	1 541 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 130 000	2 003 000	1 787 000	1 679 000
Total Equity and Debt	6 431 000	5 674 000	4 064 000	3 220 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 557 000	13 212 000	10 442 000	9 302 000
Other Income	30 000	28 000	82 000	189 000
Revenue	12 588 000	13 240 000	10 525 000	9 491 000
Cost of Goods Sold	3 706 000	3 313 000	2 662 000	2 620 000
Salary Costs	5 314 000	5 382 000	4 528 000	4 141 000
Depreciation	274 000	302 000	337 000	342 000
Impairment	0	0	0	0
Expenditure	12 236 000	11 854 000	9 910 000	9 743 000
Operating Profit	352 000	1 385 000	615 000	−253 000
Financial Income	301 000	31 000	171 000	29 000
Financial Costs	22 000	22 000	49 000	28 000
Financial Balance	279 000	9 000	122 000	1 000
Dividends	0	0	0	0
Net Income	631 000	1 393 000	736 000	−1 362 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	274 000	548 000	822 000
Total Intangible Assets	0	274 000	548 000	822 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	28 000	90 000
Total Tangible Assets	0	0	28 000	90 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	274 000	576 000	912 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 282 000	1 324 000	1 200 000	1 359 000
Total Current Assets	6 431 000	5 400 000	3 488 000	2 307 000
Total Assets	6 431 000	5 674 000	4 064 000	3 220 000
Total Equity	4 301 000	3 670 000	2 277 000	1 541 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	557 000	438 000	545 000	476 000
Unpaid Taxes	573 000	872 000	631 000	418 000
Dividends	0	0	0	0
Other Current Debt	1 000 000	693 000	610 000	785 000
Total Current Debt	2 130 000	2 003 000	1 787 000	1 679 000
Total Equity and Debt	6 431 000	5 674 000	4 064 000	3 220 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,67 %	37,96 %	32,32 %	−88,38 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,8 %	10,46 %	5,84 %	−2,67 %
Current Ratio	3,02	2,7	1,95	1,37
Quick Ratio	3,02	2,7	1,95	1,37
Equity Ratio	0,67	0,65	0,56	0,48
Gross Profit Margin	70,56 %	74,98 %	74,71 %	72,39 %