AS LARVIK SHIPPING

3262 LARVIK

Finances

Share Ownership

Return on Equity

94,59 %

Current Ratio

1,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 360 000	16 528 000	16 463 000	15 302 000
Net Income	2 970 000	523 000	2 383 000	2 103 000
Total Assets	12 952 000	10 269 000	9 512 000	9 410 000
Total Equity	3 140 000	3 241 000	2 718 000	2 335 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 360 000	16 528 000	16 463 000	15 302 000
Expenditure	18 523 000	15 775 000	13 334 000	12 481 000
Operating Profit	3 837 000	753 000	3 130 000	2 822 000
Financial Income	20 000	0	0	0
Financial Costs	36 000	61 000	68 000	111 000
Financial Balance	−16 000	−61 000	−68 000	−111 000
Earnings Before Tax	3 821 000	692 000	3 062 000	2 711 000
Tax	852 000	169 000	679 000	608 000
Net Income	2 970 000	523 000	2 383 000	2 103 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	287 000	6 587 000	6 589 000	6 589 000
Total Current Assets	12 665 000	3 682 000	2 923 000	2 820 000
Total Assets	12 952 000	10 269 000	9 512 000	9 410 000
Total Retained Equity	2 740 000	2 841 000	2 318 000	1 935 000
Total Equity	3 140 000	3 241 000	2 718 000	2 335 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	9 812 000	7 028 000	6 794 000	7 075 000
Total Equity and Debt	12 952 000	10 269 000	9 512 000	9 410 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 772 000	16 373 000	15 695 000	13 561 000
Other Income	4 588 000	155 000	768 000	1 741 000
Revenue	22 360 000	16 528 000	16 463 000	15 302 000
Cost of Goods Sold	1 991 000	2 058 000	1 524 000	2 364 000
Salary Costs	12 623 000	11 129 000	9 882 000	8 281 000
Depreciation	86 000	2 000	0	0
Impairment	0	0	0	0
Expenditure	18 523 000	15 775 000	13 334 000	12 481 000
Operating Profit	3 837 000	753 000	3 130 000	2 822 000
Financial Income	20 000	0	0	0
Financial Costs	36 000	61 000	68 000	111 000
Financial Balance	−16 000	−61 000	−68 000	−111 000
Dividends	3 071 000	0	2 000 000	2 000 000
Net Income	2 970 000	523 000	2 383 000	2 103 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	6 587 000	6 587 000	6 587 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	287 000	0	2 000	2 000
Total Tangible Assets	287 000	6 587 000	6 589 000	6 589 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	287 000	6 587 000	6 589 000	6 589 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 570 000	2 358 000	1 022 000	455 000
Total Current Assets	12 665 000	3 682 000	2 923 000	2 820 000
Total Assets	12 952 000	10 269 000	9 512 000	9 410 000
Total Equity	3 140 000	3 241 000	2 718 000	2 335 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	21 000	318 000	67 000	102 000
Unpaid Taxes	1 136 000	1 056 000	982 000	1 005 000
Dividends	3 071 000	0	2 000 000	2 000 000
Other Current Debt	4 733 000	5 485 000	3 066 000	2 901 000
Total Current Debt	9 812 000	7 028 000	6 794 000	7 075 000
Total Equity and Debt	12 952 000	10 269 000	9 512 000	9 410 000

Financial indicators	2022	2021	2020	2019
Return on Equity	94,59 %	16,14 %	87,67 %	90,06 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,16 %	4,56 %	19,01 %	18,44 %
Current Ratio	1,29	0,52	0,43	0,4
Quick Ratio	1,29	0,52	0,43	0,4
Equity Ratio	0,24	0,32	0,29	0,25
Gross Profit Margin	91,1 %	87,55 %	90,74 %	84,55 %