LINEAGE LARVIK AS

3261 LARVIK

Finances

Return on Equity

11,59 %

Current Ratio

2,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	54 979 000	55 083 000	58 831 000	54 070 000
Net Income	1 773 000	3 153 000	7 018 000	5 536 000
Total Assets	24 297 000	26 310 000	25 201 000	27 056 000
Total Equity	15 301 000	13 529 000	15 784 000	10 794 000

Income (NOK)	2022	2021	2020	2019
Revenue	54 979 000	55 083 000	58 831 000	54 070 000
Expenditure	52 528 000	50 815 000	49 851 000	47 001 000
Operating Profit	2 450 000	4 267 000	8 980 000	7 070 000
Financial Income	4 000	5 000	40 000	66 000
Financial Costs	173 000	210 000	10 000	4 000
Financial Balance	−169 000	−205 000	30 000	62 000
Earnings Before Tax	2 282 000	4 063 000	9 010 000	7 132 000
Tax	509 000	910 000	1 992 000	1 596 000
Net Income	1 773 000	3 153 000	7 018 000	5 536 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 928 000	2 194 000	4 434 000	5 345 000
Total Current Assets	19 368 000	24 116 000	20 768 000	21 711 000
Total Assets	24 297 000	26 310 000	25 201 000	27 056 000
Total Retained Equity	14 101 000	12 329 000	14 584 000	9 594 000
Total Equity	15 301 000	13 529 000	15 784 000	10 794 000
Total Long-Term Debt	0	0	0	8 000 000
Total Current Debt	8 995 000	12 781 000	9 417 000	8 263 000
Total Equity and Debt	24 297 000	26 310 000	25 201 000	27 056 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	54 979 000	55 083 000	58 763 000	54 070 000
Other Income	0	0	67 000	0
Revenue	54 979 000	55 083 000	58 831 000	54 070 000
Cost of Goods Sold	12 800 000	17 404 000	19 219 000	17 517 000
Salary Costs	13 976 000	11 411 000	12 210 000	11 395 000
Depreciation	1 179 000	996 000	1 049 000	887 000
Impairment	0	0	0	0
Expenditure	52 528 000	50 815 000	49 851 000	47 001 000
Operating Profit	2 450 000	4 267 000	8 980 000	7 070 000
Financial Income	4 000	5 000	40 000	66 000
Financial Costs	173 000	210 000	10 000	4 000
Financial Balance	−169 000	−205 000	30 000	62 000
Dividends	0	0	0	0
Net Income	1 773 000	3 153 000	7 018 000	5 536 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 632 000	49 000	11 000	4 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 296 000	2 145 000	3 081 000	4 174 000
Total Tangible Assets	3 296 000	2 145 000	3 081 000	4 174 000
Total Fiancial Fixed Assets	0	0	1 342 000	1 167 000
Total Fixed Assets	4 928 000	2 194 000	4 434 000	5 345 000
Stock	113 000	1 262 000	2 061 000	1 685 000
Total Investments	0	0	0	0
Cash, Bank	9 462 000	12 701 000	10 897 000	11 385 000
Total Current Assets	19 368 000	24 116 000	20 768 000	21 711 000
Total Assets	24 297 000	26 310 000	25 201 000	27 056 000
Total Equity	15 301 000	13 529 000	15 784 000	10 794 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	8 000 000
Creditors	3 117 000	5 245 000	1 402 000	2 243 000
Unpaid Taxes	2 666 000	1 317 000	2 440 000	1 805 000
Dividends	0	0	0	0
Other Current Debt	2 582 000	6 219 000	4 147 000	3 089 000
Total Current Debt	8 995 000	12 781 000	9 417 000	8 263 000
Total Equity and Debt	24 297 000	26 310 000	25 201 000	27 056 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,59 %	23,31 %	44,46 %	51,29 %
Debt-to-Equity Ratio	0	0	0	0,74
Operating Profit Margin	4,46 %	7,75 %	15,26 %	13,08 %
Current Ratio	2,15	1,89	2,21	2,63
Quick Ratio	2,18	2,09	2,82	3,3
Equity Ratio	0,63	0,51	0,63	0,4
Gross Profit Margin	76,72 %	68,4 %	67,33 %	67,6 %