LARVIK TURN & IDRETTSFORENING

3256 LARVIK

Finances

Return on Equity

7,19 %

Current Ratio

5,96

Debt-to-Equity Ratio

Key figures (NOK)	2017	2016	2014	2013
Revenue	12 356 000	11 897 000	11 724 000	10 363 000
Net Income	535 000	−583 000	894 000	−17 000
Total Assets	8 909 000	8 042 000	7 044 000	5 620 000
Total Equity	7 436 000	6 900 000	3 633 000	2 739 000

Income (NOK)	2017	2016	2014	2013
Revenue	12 356 000	11 897 000	11 724 000	10 363 000
Expenditure	11 843 000	12 518 000	10 769 000	10 749 000
Operating Profit	513 000	−622 000	955 000	−387 000
Financial Income	55 000	59 000	41 000	485 000
Financial Costs	32 000	20 000	102 000	115 000
Financial Balance	23 000	39 000	−61 000	370 000
Earnings Before Tax	535 000	−583 000	894 000	−17 000
Tax	0	0	0	0
Net Income	535 000	−583 000	894 000	−17 000

Balance (NOK)	2017	2016	2014	2013
Total Fixed Assets	124 000	118 000	1 202 000	1 317 000
Total Current Assets	8 785 000	7 923 000	5 842 000	4 304 000
Total Assets	8 909 000	8 042 000	7 044 000	5 620 000
Total Retained Equity	7 436 000	6 900 000	3 633 000	2 739 000
Total Equity	7 436 000	6 900 000	3 633 000	2 739 000
Total Long-Term Debt	0	0	1 192 000	1 328 000
Total Current Debt	1 474 000	1 141 000	2 219 000	1 554 000
Total Equity and Debt	8 909 000	8 042 000	7 044 000	5 620 000

Cash flow (NOK)	2017	2016	2014	2013
Sales Income	10 571 000	9 341 000	829 000	792 000
Other Income	1 784 000	2 555 000	10 895 000	9 571 000
Revenue	12 356 000	11 897 000	11 724 000	10 363 000
Cost of Goods Sold	589 000	601 000	444 000	184 000
Salary Costs	1 603 000	1 635 000	1 287 000	1 147 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	11 843 000	12 518 000	10 769 000	10 749 000
Operating Profit	513 000	−622 000	955 000	−387 000
Financial Income	55 000	59 000	41 000	485 000
Financial Costs	32 000	20 000	102 000	115 000
Financial Balance	23 000	39 000	−61 000	370 000
Dividends	0	0	0	0
Net Income	535 000	−583 000	894 000	−17 000

Balance details (NOK)	2017	2016	2014	2013
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 000	10 000	10 000	10 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	10 000	10 000	10 000	10 000
Total Fiancial Fixed Assets	114 000	108 000	1 192 000	1 307 000
Total Fixed Assets	124 000	118 000	1 202 000	1 317 000
Stock	100 000	95 000	99 000	119 000
Total Investments	0	0	2 000	2 000
Cash, Bank	8 422 000	7 532 000	4 586 000	3 083 000
Total Current Assets	8 785 000	7 923 000	5 842 000	4 304 000
Total Assets	8 909 000	8 042 000	7 044 000	5 620 000
Total Equity	7 436 000	6 900 000	3 633 000	2 739 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 192 000	1 328 000
Creditors	636 000	412 000	689 000	785 000
Unpaid Taxes	184 000	158 000	297 000	152 000
Dividends	0	0	0	0
Other Current Debt	605 000	512 000	1 233 000	616 000
Total Current Debt	1 474 000	1 141 000	2 219 000	1 554 000
Total Equity and Debt	8 909 000	8 042 000	7 044 000	5 620 000

Financial indicators	2017	2016	2014	2013
Return on Equity	7,19 %	−8,45 %	24,61 %	−0,62 %
Debt-to-Equity Ratio	0	0	0,33	0,48
Operating Profit Margin	4,15 %	−5,23 %	8,15 %	−3,73 %
Current Ratio	5,96	6,94	2,63	2,77
Quick Ratio	6,39	7,57	2,76	3
Equity Ratio	0,83	0,86	0,52	0,49
Gross Profit Margin	95,23 %	94,95 %	96,21 %	98,22 %