BRØDRENE LAURITSEN EIENDOM AS

3941 PORSGRUNN

Finances

Share Ownership

Return on Equity

15,85 %

Current Ratio

0,54

Debt-to-Equity Ratio

12,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	849 000	311 000	339 000	341 000
Net Income	45 000	−104 000	−4 000	0
Total Assets	4 198 000	4 465 000	2 932 000	2 964 000
Total Equity	284 000	239 000	201 000	205 000

Income (NOK)	2022	2021	2020	2019
Revenue	849 000	311 000	339 000	341 000
Expenditure	594 000	332 000	231 000	216 000
Operating Profit	255 000	−22 000	108 000	124 000
Financial Income	0	0	0	0
Financial Costs	197 000	111 000	113 000	124 000
Financial Balance	−197 000	−111 000	−113 000	−124 000
Earnings Before Tax	58 000	−133 000	−5 000	0
Tax	13 000	−29 000	−1 000	0
Net Income	45 000	−104 000	−4 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 947 000	3 046 000	2 758 000	2 827 000
Total Current Assets	251 000	1 419 000	174 000	136 000
Total Assets	4 198 000	4 465 000	2 932 000	2 964 000
Total Retained Equity	−217 000	−262 000	−158 000	−154 000
Total Equity	284 000	239 000	201 000	205 000
Total Long-Term Debt	3 452 000	3 828 000	2 529 000	2 618 000
Total Current Debt	462 000	398 000	202 000	140 000
Total Equity and Debt	4 198 000	4 465 000	2 932 000	2 964 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	849 000	311 000	339 000	341 000
Revenue	849 000	311 000	339 000	341 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	101 000	70 000	70 000	70 000
Impairment	0	0	0	0
Expenditure	594 000	332 000	231 000	216 000
Operating Profit	255 000	−22 000	108 000	124 000
Financial Income	0	0	0	0
Financial Costs	197 000	111 000	113 000	124 000
Financial Balance	−197 000	−111 000	−113 000	−124 000
Dividends	0	0	0	0
Net Income	45 000	−104 000	−4 000	0

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 000	16 000	26 000	25 000
Real Eastate	3 904 000	3 030 000	2 732 000	2 802 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	37 000	0	0	0
Total Tangible Assets	3 941 000	3 030 000	2 732 000	2 802 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 947 000	3 046 000	2 758 000	2 827 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	118 000	1 155 000	168 000	128 000
Total Current Assets	251 000	1 419 000	174 000	136 000
Total Assets	4 198 000	4 465 000	2 932 000	2 964 000
Total Equity	284 000	239 000	201 000	205 000
Short-Term Group Debt	212 000	60 000	54 000	55 000
Total Long-Term Debt	3 452 000	3 828 000	2 529 000	2 618 000
Creditors	90 000	301 000	0	0
Unpaid Taxes	3 000	−3 000	47 000	56 000
Dividends	0	0	0	0
Other Current Debt	153 000	40 000	102 000	30 000
Total Current Debt	462 000	398 000	202 000	140 000
Total Equity and Debt	4 198 000	4 465 000	2 932 000	2 964 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,85 %	−43,51 %	−1,99 %	0 %
Debt-to-Equity Ratio	12,15	16,02	12,58	12,77
Operating Profit Margin	30,04 %	−7,07 %	31,86 %	36,36 %
Current Ratio	0,54	3,57	0,86	0,97
Quick Ratio	0,54	3,57	0,86	0,97
Equity Ratio	0,07	0,05	0,07	0,07
Gross Profit Margin	100 %	100 %	100 %	100 %