LARVIK KOMMUNALE BOLIGSTIFTELSE

3257 LARVIK

Finances

Share Ownership

Return on Equity

2,37 %

Current Ratio

2,66

Debt-to-Equity Ratio

0,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 239 000	22 691 000	22 420 000	23 766 000
Net Income	3 922 000	4 526 000	3 053 000	11 628 000
Total Assets	263 886 000	266 146 000	268 159 000	272 104 000
Total Equity	165 386 000	161 464 000	156 938 000	153 885 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 239 000	22 691 000	22 420 000	23 766 000
Expenditure	18 630 000	16 141 000	16 785 000	9 134 000
Operating Profit	6 609 000	6 550 000	5 635 000	14 632 000
Financial Income	6 000	2 000	26 000	70 000
Financial Costs	2 693 000	2 026 000	2 608 000	3 074 000
Financial Balance	−2 687 000	−2 024 000	−2 582 000	−3 004 000
Earnings Before Tax	3 922 000	4 526 000	3 053 000	11 628 000
Tax	0	0	0	0
Net Income	3 922 000	4 526 000	3 053 000	11 628 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	251 285 000	254 385 000	254 385 000	254 385 000
Total Current Assets	12 601 000	11 761 000	13 774 000	17 719 000
Total Assets	263 886 000	266 146 000	268 159 000	272 104 000
Total Retained Equity	164 656 000	160 734 000	156 208 000	153 155 000
Total Equity	165 386 000	161 464 000	156 938 000	153 885 000
Total Long-Term Debt	93 755 000	100 833 000	107 752 000	115 344 000
Total Current Debt	4 745 000	3 848 000	3 469 000	2 875 000
Total Equity and Debt	263 886 000	266 146 000	268 159 000	272 104 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 708 000	21 768 000	21 498 000	21 710 000
Other Income	2 530 000	923 000	922 000	2 056 000
Revenue	25 239 000	22 691 000	22 420 000	23 766 000
Cost of Goods Sold	4 537 000	3 597 000	3 136 000	3 193 000
Salary Costs	1 141 000	1 052 000	1 139 000	1 110 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	18 630 000	16 141 000	16 785 000	9 134 000
Operating Profit	6 609 000	6 550 000	5 635 000	14 632 000
Financial Income	6 000	2 000	26 000	70 000
Financial Costs	2 693 000	2 026 000	2 608 000	3 074 000
Financial Balance	−2 687 000	−2 024 000	−2 582 000	−3 004 000
Dividends	0	0	0	0
Net Income	3 922 000	4 526 000	3 053 000	11 628 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	251 285 000	254 385 000	254 385 000	254 385 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	251 285 000	254 385 000	254 385 000	254 385 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	251 285 000	254 385 000	254 385 000	254 385 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 269 000	10 581 000	12 577 000	15 682 000
Total Current Assets	12 601 000	11 761 000	13 774 000	17 719 000
Total Assets	263 886 000	266 146 000	268 159 000	272 104 000
Total Equity	165 386 000	161 464 000	156 938 000	153 885 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	93 755 000	100 833 000	107 752 000	115 344 000
Creditors	3 536 000	2 778 000	2 528 000	1 401 000
Unpaid Taxes	188 000	534 000	258 000	619 000
Dividends	0	0	0	0
Other Current Debt	1 022 000	536 000	683 000	855 000
Total Current Debt	4 745 000	3 848 000	3 469 000	2 875 000
Total Equity and Debt	263 886 000	266 146 000	268 159 000	272 104 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,37 %	2,8 %	1,95 %	7,56 %
Debt-to-Equity Ratio	0,57	0,62	0,69	0,75
Operating Profit Margin	26,19 %	28,87 %	25,13 %	61,57 %
Current Ratio	2,66	3,06	3,97	6,16
Quick Ratio	2,66	3,06	3,97	6,16
Equity Ratio	0,63	0,61	0,59	0,57
Gross Profit Margin	82,02 %	84,15 %	86,01 %	86,56 %