LARSEN EIGEDOM AS

5419 FITJAR

Finances

Share Ownership

Return on Equity

−5,73 %

Current Ratio

1,62

Debt-to-Equity Ratio

4,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 519 000	3 183 000	3 217 000	3 285 000
Net Income	−214 000	−120 000	167 000	47 000
Total Assets	21 450 000	22 380 000	23 484 000	25 031 000
Total Equity	3 735 000	3 949 000	4 070 000	4 903 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 519 000	3 183 000	3 217 000	3 285 000
Expenditure	3 042 000	2 555 000	2 238 000	2 427 000
Operating Profit	478 000	627 000	978 000	859 000
Financial Income	40 000	16 000	54 000	3 000
Financial Costs	662 000	677 000	710 000	715 000
Financial Balance	−622 000	−661 000	−656 000	−712 000
Earnings Before Tax	−145 000	−34 000	322 000	146 000
Tax	69 000	87 000	155 000	99 000
Net Income	−214 000	−120 000	167 000	47 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 295 000	19 816 000	19 446 000	20 529 000
Total Current Assets	1 155 000	2 564 000	4 039 000	4 502 000
Total Assets	21 450 000	22 380 000	23 484 000	25 031 000
Total Retained Equity	2 835 000	3 049 000	3 170 000	4 003 000
Total Equity	3 735 000	3 949 000	4 070 000	4 903 000
Total Long-Term Debt	17 000 000	18 000 000	19 000 000	19 750 000
Total Current Debt	715 000	431 000	414 000	378 000
Total Equity and Debt	21 450 000	22 380 000	23 484 000	25 031 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 519 000	3 183 000	3 217 000	3 285 000
Other Income	0	0	0	0
Revenue	3 519 000	3 183 000	3 217 000	3 285 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 325 000	1 300 000	1 254 000	1 214 000
Impairment	0	0	0	0
Expenditure	3 042 000	2 555 000	2 238 000	2 427 000
Operating Profit	478 000	627 000	978 000	859 000
Financial Income	40 000	16 000	54 000	3 000
Financial Costs	662 000	677 000	710 000	715 000
Financial Balance	−622 000	−661 000	−656 000	−712 000
Dividends	0	0	1 000 000	0
Net Income	−214 000	−120 000	167 000	47 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	20 235 000	19 815 000	19 397 000	20 527 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	59 000	0	47 000	0
Total Tangible Assets	20 293 000	19 815 000	19 444 000	20 527 000
Total Fiancial Fixed Assets	2 000	2 000	2 000	2 000
Total Fixed Assets	20 295 000	19 816 000	19 446 000	20 529 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 036 000	2 476 000	3 981 000	3 883 000
Total Current Assets	1 155 000	2 564 000	4 039 000	4 502 000
Total Assets	21 450 000	22 380 000	23 484 000	25 031 000
Total Equity	3 735 000	3 949 000	4 070 000	4 903 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 000 000	18 000 000	19 000 000	19 750 000
Creditors	296 000	309 000	102 000	127 000
Unpaid Taxes	53 000	1 000	123 000	113 000
Dividends	0	0	1 000 000	0
Other Current Debt	297 000	34 000	34 000	40 000
Total Current Debt	715 000	431 000	414 000	378 000
Total Equity and Debt	21 450 000	22 380 000	23 484 000	25 031 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,73 %	−3,04 %	4,1 %	0,96 %
Debt-to-Equity Ratio	4,55	4,56	4,67	4,03
Operating Profit Margin	13,58 %	19,7 %	30,4 %	26,15 %
Current Ratio	1,62	5,95	9,76	11,91
Quick Ratio	1,62	5,95	9,76	11,91
Equity Ratio	0,17	0,18	0,17	0,2
Gross Profit Margin	100 %	100 %	100 %	100 %