FRK LARSEN EIENDOM AS

4610 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

−37,83 %

Current Ratio

1,54

Debt-to-Equity Ratio

1,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	617 000	729 000	662 000	1 246 000
Net Income	−1 536 000	145 000	−45 000	−1 000
Total Assets	12 536 000	10 618 000	9 568 000	9 781 000
Total Equity	4 060 000	5 597 000	4 282 000	4 327 000

Income (NOK)	2022	2021	2020	2019
Revenue	617 000	729 000	662 000	1 246 000
Expenditure	2 204 000	408 000	555 000	879 000
Operating Profit	−1 587 000	320 000	107 000	368 000
Financial Income	1 000	0	0	0
Financial Costs	282 000	135 000	165 000	369 000
Financial Balance	−281 000	−135 000	−165 000	−369 000
Earnings Before Tax	−1 867 000	185 000	−58 000	−2 000
Tax	−331 000	41 000	−13 000	0
Net Income	−1 536 000	145 000	−45 000	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 115 000	10 193 000	8 733 000	8 642 000
Total Current Assets	2 421 000	425 000	835 000	1 139 000
Total Assets	12 536 000	10 618 000	9 568 000	9 781 000
Total Retained Equity	4 030 000	5 567 000	4 252 000	4 297 000
Total Equity	4 060 000	5 597 000	4 282 000	4 327 000
Total Long-Term Debt	6 906 000	3 501 000	3 303 000	3 540 000
Total Current Debt	1 570 000	1 521 000	1 983 000	1 914 000
Total Equity and Debt	12 536 000	10 618 000	9 568 000	9 781 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	617 000	92 000	339 000	288 000
Other Income	0	637 000	323 000	958 000
Revenue	617 000	729 000	662 000	1 246 000
Cost of Goods Sold	0	0	0	297 000
Salary Costs	110 000	14 000	293 000	191 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 204 000	408 000	555 000	879 000
Operating Profit	−1 587 000	320 000	107 000	368 000
Financial Income	1 000	0	0	0
Financial Costs	282 000	135 000	165 000	369 000
Financial Balance	−281 000	−135 000	−165 000	−369 000
Dividends	0	0	0	0
Net Income	−1 536 000	145 000	−45 000	−1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	40 000	27 000
Real Eastate	10 115 000	10 115 000	8 615 000	8 615 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	10 115 000	10 115 000	8 615 000	8 615 000
Total Fiancial Fixed Assets	0	78 000	78 000	0
Total Fixed Assets	10 115 000	10 193 000	8 733 000	8 642 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 068 000	100 000	222 000	460 000
Total Current Assets	2 421 000	425 000	835 000	1 139 000
Total Assets	12 536 000	10 618 000	9 568 000	9 781 000
Total Equity	4 060 000	5 597 000	4 282 000	4 327 000
Short-Term Group Debt	0	1 284 000	1 670 000	1 670 000
Total Long-Term Debt	6 906 000	3 501 000	3 303 000	3 540 000
Creditors	26 000	4 000	3 000	1 000
Unpaid Taxes	23 000	0	3 000	43 000
Dividends	0	0	0	0
Other Current Debt	1 521 000	233 000	307 000	200 000
Total Current Debt	1 570 000	1 521 000	1 983 000	1 914 000
Total Equity and Debt	12 536 000	10 618 000	9 568 000	9 781 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−37,83 %	2,59 %	−1,05 %	−0,02 %
Debt-to-Equity Ratio	1,7	0,63	0,77	0,82
Operating Profit Margin	−257,21 %	43,9 %	16,16 %	29,53 %
Current Ratio	1,54	0,28	0,42	0,6
Quick Ratio	1,54	0,28	0,42	0,6
Equity Ratio	0,32	0,53	0,45	0,44
Gross Profit Margin	100 %	100 %	100 %	76,16 %