LARVIKITTBLOKKA AS

3262 LARVIK

Finances

Share Ownership

Return on Equity

18,39 %

Current Ratio

0,98

Debt-to-Equity Ratio

0,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	48 749 000	34 746 000	26 442 000	14 905 000
Net Income	2 497 000	5 794 000	1 900 000	117 000
Total Assets	31 108 000	15 624 000	8 714 000	10 830 000
Total Equity	13 576 000	6 979 000	1 185 000	1 232 000

Income (NOK)	2022	2021	2020	2019
Revenue	48 749 000	34 746 000	26 442 000	14 905 000
Expenditure	47 355 000	25 471 000	20 629 000	18 758 000
Operating Profit	3 390 000	7 433 000	2 587 000	397 000
Financial Income	55 000	22 000	19 000	9 000
Financial Costs	243 000	27 000	166 000	252 000
Financial Balance	−188 000	−5 000	−147 000	−243 000
Earnings Before Tax	3 202 000	7 428 000	2 440 000	155 000
Tax	705 000	1 635 000	540 000	37 000
Net Income	2 497 000	5 794 000	1 900 000	117 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 071 000	5 117 000	2 762 000	2 981 000
Total Current Assets	11 038 000	10 507 000	5 952 000	7 849 000
Total Assets	31 108 000	15 624 000	8 714 000	10 830 000
Total Retained Equity	8 386 000	5 889 000	95 000	142 000
Total Equity	13 576 000	6 979 000	1 185 000	1 232 000
Total Long-Term Debt	6 301 000	0	52 000	61 000
Total Current Debt	11 231 000	8 645 000	7 476 000	9 536 000
Total Equity and Debt	31 108 000	15 624 000	8 714 000	10 830 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	48 647 000	34 746 000	26 274 000	14 541 000
Other Income	102 000	0	167 000	364 000
Revenue	48 749 000	34 746 000	26 442 000	14 905 000
Cost of Goods Sold	8 635 000	4 969 000	3 524 000	1 829 000
Salary Costs	15 044 000	7 458 000	6 312 000	5 782 000
Depreciation	953 000	649 000	567 000	481 000
Impairment	0	0	0	0
Expenditure	47 355 000	25 471 000	20 629 000	18 758 000
Operating Profit	3 390 000	7 433 000	2 587 000	397 000
Financial Income	55 000	22 000	19 000	9 000
Financial Costs	243 000	27 000	166 000	252 000
Financial Balance	−188 000	−5 000	−147 000	−243 000
Dividends	0	0	0	0
Net Income	2 497 000	5 794 000	1 900 000	117 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	23 000	0	0
Real Eastate	16 889 000	3 323 000	22 000	0
Machinery and Plant Facilities	2 160 000	1 370 000	1 289 000	1 592 000
Fixtures	1 022 000	401 000	649 000	678 000
Total Tangible Assets	20 071 000	5 094 000	1 961 000	2 269 000
Total Fiancial Fixed Assets	0	0	801 000	711 000
Total Fixed Assets	20 071 000	5 117 000	2 762 000	2 981 000
Stock	4 147 000	1 684 000	3 312 000	6 460 000
Total Investments	0	0	0	0
Cash, Bank	1 652 000	294 000	234 000	261 000
Total Current Assets	11 038 000	10 507 000	5 952 000	7 849 000
Total Assets	31 108 000	15 624 000	8 714 000	10 830 000
Total Equity	13 576 000	6 979 000	1 185 000	1 232 000
Short-Term Group Debt	0	0	4 427 000	7 504 000
Total Long-Term Debt	6 301 000	0	52 000	61 000
Creditors	5 966 000	2 011 000	1 224 000	836 000
Unpaid Taxes	578 000	1 308 000	979 000	487 000
Dividends	0	0	0	0
Other Current Debt	4 005 000	3 618 000	846 000	709 000
Total Current Debt	11 231 000	8 645 000	7 476 000	9 536 000
Total Equity and Debt	31 108 000	15 624 000	8 714 000	10 830 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,39 %	83,02 %	160,34 %	9,5 %
Debt-to-Equity Ratio	0,46	0	0,04	0,05
Operating Profit Margin	6,95 %	21,39 %	9,78 %	2,66 %
Current Ratio	0,98	1,22	0,8	0,82
Quick Ratio	1,56	1,51	1,43	2,55
Equity Ratio	0,44	0,45	0,14	0,11
Gross Profit Margin	82,29 %	85,7 %	86,67 %	87,73 %