LARVIK REKLAME AS

3263 LARVIK

Finances

Share Ownership

Return on Equity

−15,23 %

Current Ratio

2,9

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	318 000	386 000	507 000	806 000
Net Income	−30 000	−44 000	−232 000	−211 000
Total Assets	280 000	264 000	376 000	621 000
Total Equity	197 000	228 000	272 000	494 000

Income (NOK)	2022	2021	2020	2019
Revenue	318 000	386 000	507 000	806 000
Expenditure	349 000	429 000	741 000	1 018 000
Operating Profit	−30 000	−44 000	−234 000	−213 000
Financial Income	0	0	3 000	3 000
Financial Costs	0	0	0	1 000
Financial Balance	0	0	3 000	2 000
Earnings Before Tax	−30 000	−44 000	−232 000	−211 000
Tax	0	0	0	0
Net Income	−30 000	−44 000	−232 000	−211 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	39 000	39 000	47 000	38 000
Total Current Assets	241 000	225 000	328 000	583 000
Total Assets	280 000	264 000	376 000	621 000
Total Retained Equity	0	0	172 000	394 000
Total Equity	197 000	228 000	272 000	494 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	83 000	37 000	104 000	127 000
Total Equity and Debt	280 000	264 000	376 000	621 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	318 000	386 000	507 000	806 000
Other Income	0	0	0	0
Revenue	318 000	386 000	507 000	806 000
Cost of Goods Sold	219 000	251 000	316 000	449 000
Salary Costs	116 000	170 000	404 000	340 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	349 000	429 000	741 000	1 018 000
Operating Profit	−30 000	−44 000	−234 000	−213 000
Financial Income	0	0	3 000	3 000
Financial Costs	0	0	0	1 000
Financial Balance	0	0	3 000	2 000
Dividends	0	0	0	0
Net Income	−30 000	−44 000	−232 000	−211 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	39 000	39 000	47 000	38 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	39 000	39 000	47 000	38 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	204 000	154 000	273 000	575 000
Total Current Assets	241 000	225 000	328 000	583 000
Total Assets	280 000	264 000	376 000	621 000
Total Equity	197 000	228 000	272 000	494 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	52 000	0	22 000	13 000
Unpaid Taxes	18 000	18 000	36 000	70 000
Dividends	0	0	0	0
Other Current Debt	13 000	19 000	47 000	44 000
Total Current Debt	83 000	37 000	104 000	127 000
Total Equity and Debt	280 000	264 000	376 000	621 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,23 %	−19,3 %	−85,29 %	−42,71 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−9,43 %	−11,4 %	−46,15 %	−26,43 %
Current Ratio	2,9	6,08	3,15	4,59
Quick Ratio	2,9	6,08	3,15	4,59
Equity Ratio	0,7	0,86	0,72	0,8
Gross Profit Margin	31,13 %	34,97 %	37,67 %	44,29 %