PRINSEGATA 17 BORETTSLAG

3256 LARVIK

Finances

Share Ownership

Return on Equity

25,61 %

Current Ratio

5,78

Debt-to-Equity Ratio

2,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 679 000	1 114 000	1 082 000	1 491 000
Net Income	1 130 000	601 000	206 000	−767 000
Total Assets	14 514 000	14 543 000	14 582 000	14 932 000
Total Equity	4 413 000	3 283 000	2 682 000	2 476 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 679 000	1 114 000	1 082 000	1 491 000
Expenditure	406 000	422 000	782 000	2 143 000
Operating Profit	1 205 000	634 000	265 000	−686 000
Financial Income	1 000	20 000	10 000	5 000
Financial Costs	76 000	53 000	68 000	85 000
Financial Balance	−75 000	−33 000	−58 000	−80 000
Earnings Before Tax	1 198 000	659 000	241 000	−734 000
Tax	0	0	0	0
Net Income	1 130 000	601 000	206 000	−767 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 005 000	14 005 000	13 963 000	13 963 000
Total Current Assets	509 000	537 000	620 000	969 000
Total Assets	14 514 000	14 543 000	14 582 000	14 932 000
Total Retained Equity	4 410 000	3 280 000	2 679 000	2 474 000
Total Equity	4 413 000	3 283 000	2 682 000	2 476 000
Total Long-Term Debt	10 014 000	11 175 000	11 795 000	12 381 000
Total Current Debt	88 000	85 000	106 000	74 000
Total Equity and Debt	14 514 000	14 543 000	14 582 000	14 932 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 679 000	1 114 000	1 082 000	1 491 000
Other Income	0	0	0	0
Revenue	1 679 000	1 114 000	1 082 000	1 491 000
Cost of Goods Sold	0	0	0	0
Salary Costs	29 000	40 000	40 000	34 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	406 000	422 000	782 000	2 143 000
Operating Profit	1 205 000	634 000	265 000	−686 000
Financial Income	1 000	20 000	10 000	5 000
Financial Costs	76 000	53 000	68 000	85 000
Financial Balance	−75 000	−33 000	−58 000	−80 000
Dividends	0	0	0	0
Net Income	1 130 000	601 000	206 000	−767 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	14 005 000	14 005 000	13 963 000	13 963 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	14 005 000	14 005 000	13 963 000	13 963 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 005 000	14 005 000	13 963 000	13 963 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	509 000	537 000	620 000	969 000
Total Current Assets	509 000	537 000	620 000	969 000
Total Assets	14 514 000	14 543 000	14 582 000	14 932 000
Total Equity	4 413 000	3 283 000	2 682 000	2 476 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 014 000	11 175 000	11 795 000	12 381 000
Creditors	78 000	68 000	100 000	67 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	10 000	17 000	5 000	7 000
Total Current Debt	88 000	85 000	106 000	74 000
Total Equity and Debt	14 514 000	14 543 000	14 582 000	14 932 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,61 %	18,31 %	7,68 %	−30,98 %
Debt-to-Equity Ratio	2,27	3,4	4,4	5
Operating Profit Margin	71,77 %	56,91 %	24,49 %	−46,01 %
Current Ratio	5,78	6,32	5,85	13,09
Quick Ratio	5,78	6,32	5,85	13,09
Equity Ratio	0,3	0,23	0,18	0,17
Gross Profit Margin	100 %	100 %	100 %	100 %