LARVIK GRANITE AS

3262 LARVIK

Finances

Return on Equity

15,6 %

Current Ratio

3,04

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	169 633 000	174 052 000	164 672 000	173 885 000
Net Income	22 939 000	30 007 000	39 274 000	41 882 000
Total Assets	188 972 000	184 461 000	181 586 000	159 920 000
Total Equity	147 058 000	144 801 000	135 238 000	117 971 000

Income (NOK)	2022	2021	2020	2019
Revenue	169 633 000	174 052 000	164 672 000	173 885 000
Expenditure	148 241 000	135 337 000	126 726 000	128 386 000
Operating Profit	31 673 000	38 892 000	49 805 000	54 603 000
Financial Income	2 873 000	1 075 000	1 272 000	857 000
Financial Costs	5 134 000	1 487 000	709 000	1 752 000
Financial Balance	−2 261 000	−412 000	563 000	−895 000
Earnings Before Tax	29 413 000	38 481 000	50 367 000	53 708 000
Tax	6 474 000	8 474 000	11 094 000	11 825 000
Net Income	22 939 000	30 007 000	39 274 000	41 882 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	88 470 000	83 599 000	67 854 000	64 954 000
Total Current Assets	100 502 000	100 863 000	113 733 000	94 966 000
Total Assets	188 972 000	184 461 000	181 586 000	159 920 000
Total Retained Equity	133 921 000	131 664 000	122 101 000	104 834 000
Total Equity	147 058 000	144 801 000	135 238 000	117 971 000
Total Long-Term Debt	8 832 000	9 100 000	8 395 000	7 354 000
Total Current Debt	33 082 000	30 560 000	37 953 000	34 595 000
Total Equity and Debt	188 972 000	184 461 000	181 586 000	159 920 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	168 163 000	170 854 000	161 234 000	171 547 000
Other Income	1 471 000	3 198 000	3 437 000	2 337 000
Revenue	169 633 000	174 052 000	164 672 000	173 885 000
Cost of Goods Sold	36 256 000	34 534 000	29 424 000	32 337 000
Salary Costs	45 144 000	43 486 000	42 707 000	41 757 000
Depreciation	15 741 000	14 503 000	14 554 000	12 906 000
Impairment	0	0	0	0
Expenditure	148 241 000	135 337 000	126 726 000	128 386 000
Operating Profit	31 673 000	38 892 000	49 805 000	54 603 000
Financial Income	2 873 000	1 075 000	1 272 000	857 000
Financial Costs	5 134 000	1 487 000	709 000	1 752 000
Financial Balance	−2 261 000	−412 000	563 000	−895 000
Dividends	20 682 000	20 559 000	22 006 000	0
Net Income	22 939 000	30 007 000	39 274 000	41 882 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 968 000	6 184 000	6 748 000	7 774 000
Machinery and Plant Facilities	82 249 000	76 918 000	60 606 000	56 445 000
Fixtures	243 000	486 000	489 000	725 000
Total Tangible Assets	88 460 000	83 589 000	67 844 000	64 944 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	88 470 000	83 599 000	67 854 000	64 954 000
Stock	60 409 000	50 128 000	49 952 000	38 093 000
Total Investments	0	0	0	0
Cash, Bank	4 481 000	12 020 000	8 239 000	10 567 000
Total Current Assets	100 502 000	100 863 000	113 733 000	94 966 000
Total Assets	188 972 000	184 461 000	181 586 000	159 920 000
Total Equity	147 058 000	144 801 000	135 238 000	117 971 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 832 000	9 100 000	8 395 000	7 354 000
Creditors	10 074 000	9 348 000	12 451 000	8 764 000
Unpaid Taxes	3 804 000	3 619 000	3 495 000	3 364 000
Dividends	20 682 000	20 559 000	22 006 000	0
Other Current Debt	12 211 000	10 009 000	11 088 000	11 454 000
Total Current Debt	33 082 000	30 560 000	37 953 000	34 595 000
Total Equity and Debt	188 972 000	184 461 000	181 586 000	159 920 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,6 %	20,72 %	29,04 %	35,5 %
Debt-to-Equity Ratio	0,06	0,06	0,06	0,06
Operating Profit Margin	18,67 %	22,35 %	30,24 %	31,4 %
Current Ratio	3,04	3,3	3	2,75
Quick Ratio	−3,68	−5,15	−9,48	−27,15
Equity Ratio	0,78	0,78	0,74	0,74
Gross Profit Margin	78,63 %	80,16 %	82,13 %	81,4 %