KONGEGATA 17 LARVIK AS

3150 TOLVSRØD

Finances

Share Ownership

Return on Equity

56,08 %

Current Ratio

0,9

Debt-to-Equity Ratio

2,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	971 000	877 000	885 000	919 000
Net Income	378 000	365 000	384 000	390 000
Total Assets	2 875 000	3 074 000	2 893 000	3 145 000
Total Equity	674 000	693 000	710 000	723 000

Income (NOK)	2022	2021	2020	2019
Revenue	971 000	877 000	885 000	919 000
Expenditure	418 000	355 000	336 000	360 000
Operating Profit	554 000	522 000	549 000	559 000
Financial Income	2 000	0	1 000	0
Financial Costs	71 000	53 000	57 000	59 000
Financial Balance	−69 000	−53 000	−56 000	−59 000
Earnings Before Tax	485 000	468 000	492 000	500 000
Tax	107 000	103 000	108 000	110 000
Net Income	378 000	365 000	384 000	390 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 646 000	2 732 000	2 818 000	2 903 000
Total Current Assets	229 000	342 000	75 000	242 000
Total Assets	2 875 000	3 074 000	2 893 000	3 145 000
Total Retained Equity	330 000	349 000	365 000	379 000
Total Equity	674 000	693 000	710 000	723 000
Total Long-Term Debt	1 946 000	2 272 000	2 034 000	81 000
Total Current Debt	254 000	109 000	149 000	2 341 000
Total Equity and Debt	2 875 000	3 074 000	2 893 000	3 145 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	971 000	877 000	885 000	919 000
Revenue	971 000	877 000	885 000	919 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	86 000	86 000	86 000	86 000
Impairment	0	0	0	0
Expenditure	418 000	355 000	336 000	360 000
Operating Profit	554 000	522 000	549 000	559 000
Financial Income	2 000	0	1 000	0
Financial Costs	71 000	53 000	57 000	59 000
Financial Balance	−69 000	−53 000	−56 000	−59 000
Dividends	0	0	0	0
Net Income	378 000	365 000	384 000	390 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 646 000	2 732 000	2 818 000	2 903 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 646 000	2 732 000	2 818 000	2 903 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 646 000	2 732 000	2 818 000	2 903 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	212 000	327 000	62 000	226 000
Total Current Assets	229 000	342 000	75 000	242 000
Total Assets	2 875 000	3 074 000	2 893 000	3 145 000
Total Equity	674 000	693 000	710 000	723 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 946 000	2 272 000	2 034 000	81 000
Creditors	12 000	9 000	64 000	6 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	242 000	100 000	85 000	2 335 000
Total Current Debt	254 000	109 000	149 000	2 341 000
Total Equity and Debt	2 875 000	3 074 000	2 893 000	3 145 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,08 %	52,67 %	54,08 %	53,94 %
Debt-to-Equity Ratio	2,89	3,28	2,86	0,11
Operating Profit Margin	57,05 %	59,52 %	62,03 %	60,83 %
Current Ratio	0,9	3,14	0,5	0,1
Quick Ratio	0,9	3,14	0,5	0,1
Equity Ratio	0,23	0,23	0,25	0,23
Gross Profit Margin	100 %	100 %	100 %	100 %