LARVIK VASKERI AS

3269 LARVIK

Finances

Share Ownership

Return on Equity

20,6 %

Current Ratio

2,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 750 000	2 671 000	2 332 000	2 453 000
Net Income	157 000	386 000	138 000	−55 000
Total Assets	1 164 000	1 415 000	964 000	1 015 000
Total Equity	762 000	605 000	219 000	81 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 750 000	2 671 000	2 332 000	2 453 000
Expenditure	2 535 000	2 170 000	2 166 000	2 471 000
Operating Profit	214 000	502 000	166 000	−18 000
Financial Income	0	0	1 000	0
Financial Costs	9 000	23 000	28 000	37 000
Financial Balance	−9 000	−23 000	−27 000	−37 000
Earnings Before Tax	205 000	479 000	138 000	−55 000
Tax	48 000	93 000	0	0
Net Income	157 000	386 000	138 000	−55 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	128 000	183 000	279 000	464 000
Total Current Assets	1 036 000	1 232 000	686 000	551 000
Total Assets	1 164 000	1 415 000	964 000	1 015 000
Total Retained Equity	562 000	405 000	19 000	−119 000
Total Equity	762 000	605 000	219 000	81 000
Total Long-Term Debt	0	416 000	481 000	584 000
Total Current Debt	402 000	393 000	264 000	349 000
Total Equity and Debt	1 164 000	1 415 000	964 000	1 015 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 750 000	2 297 000	2 304 000	2 453 000
Other Income	0	374 000	28 000	1 000
Revenue	2 750 000	2 671 000	2 332 000	2 453 000
Cost of Goods Sold	302 000	288 000	301 000	231 000
Salary Costs	1 381 000	1 034 000	982 000	1 257 000
Depreciation	78 000	124 000	185 000	186 000
Impairment	0	0	0	0
Expenditure	2 535 000	2 170 000	2 166 000	2 471 000
Operating Profit	214 000	502 000	166 000	−18 000
Financial Income	0	0	1 000	0
Financial Costs	9 000	23 000	28 000	37 000
Financial Balance	−9 000	−23 000	−27 000	−37 000
Dividends	0	0	0	0
Net Income	157 000	386 000	138 000	−55 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	33 000	98 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	128 000	183 000	246 000	366 000
Total Tangible Assets	128 000	183 000	279 000	464 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	128 000	183 000	279 000	464 000
Stock	123 000	155 000	120 000	105 000
Total Investments	0	0	0	0
Cash, Bank	785 000	962 000	469 000	301 000
Total Current Assets	1 036 000	1 232 000	686 000	551 000
Total Assets	1 164 000	1 415 000	964 000	1 015 000
Total Equity	762 000	605 000	219 000	81 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	416 000	481 000	584 000
Creditors	34 000	71 000	44 000	97 000
Unpaid Taxes	173 000	130 000	113 000	137 000
Dividends	0	0	0	0
Other Current Debt	140 000	106 000	107 000	116 000
Total Current Debt	402 000	393 000	264 000	349 000
Total Equity and Debt	1 164 000	1 415 000	964 000	1 015 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,6 %	63,8 %	63,01 %	−67,9 %
Debt-to-Equity Ratio	0	0,69	2,2	7,21
Operating Profit Margin	7,78 %	18,79 %	7,12 %	−0,73 %
Current Ratio	2,58	3,13	2,6	1,58
Quick Ratio	3,71	5,18	4,76	2,26
Equity Ratio	0,65	0,43	0,23	0,08
Gross Profit Margin	89,02 %	89,22 %	87,09 %	90,58 %