LINEAGE LARVIK FOODS AS

3261 LARVIK

Finances

Share Ownership

Return on Equity

−13,3 %

Current Ratio

2,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 252 000	35 665 000	36 926 000	44 815 000
Net Income	−1 220 000	3 378 000	2 697 000	5 546 000
Total Assets	17 088 000	17 347 000	14 682 000	19 026 000
Total Equity	9 174 000	9 145 000	9 147 000	6 450 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 252 000	35 665 000	36 926 000	44 815 000
Expenditure	24 760 000	31 389 000	33 460 000	39 405 000
Operating Profit	−1 507 000	4 276 000	3 465 000	5 410 000
Financial Income	129 000	100 000	26 000	38 000
Financial Costs	186 000	45 000	31 000	15 000
Financial Balance	−57 000	55 000	−5 000	23 000
Earnings Before Tax	−1 564 000	4 331 000	3 460 000	5 433 000
Tax	−344 000	953 000	764 000	1 195 000
Net Income	−1 220 000	3 378 000	2 697 000	5 546 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	8 000	8 000	8 000
Total Current Assets	17 088 000	17 339 000	14 674 000	19 018 000
Total Assets	17 088 000	17 347 000	14 682 000	19 026 000
Total Retained Equity	6 925 000	8 145 000	8 147 000	5 450 000
Total Equity	9 174 000	9 145 000	9 147 000	6 450 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 914 000	8 202 000	5 535 000	12 576 000
Total Equity and Debt	17 088 000	17 347 000	14 682 000	19 026 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 252 000	35 665 000	36 926 000	44 815 000
Other Income	0	0	0	0
Revenue	23 252 000	35 665 000	36 926 000	44 815 000
Cost of Goods Sold	23 756 000	29 131 000	30 943 000	36 693 000
Salary Costs	226 000	1 049 000	1 390 000	1 401 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	24 760 000	31 389 000	33 460 000	39 405 000
Operating Profit	−1 507 000	4 276 000	3 465 000	5 410 000
Financial Income	129 000	100 000	26 000	38 000
Financial Costs	186 000	45 000	31 000	15 000
Financial Balance	−57 000	55 000	−5 000	23 000
Dividends	0	0	0	6 000 000
Net Income	−1 220 000	3 378 000	2 697 000	5 546 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	8 000	8 000	8 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	8 000	8 000	8 000
Stock	5 486 000	2 264 000	2 098 000	4 466 000
Total Investments	0	0	0	0
Cash, Bank	4 164 000	3 246 000	2 247 000	2 916 000
Total Current Assets	17 088 000	17 339 000	14 674 000	19 018 000
Total Assets	17 088 000	17 347 000	14 682 000	19 026 000
Total Equity	9 174 000	9 145 000	9 147 000	6 450 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 976 000	2 651 000	2 884 000	3 556 000
Unpaid Taxes	458 000	1 084 000	995 000	1 323 000
Dividends	0	0	0	6 000 000
Other Current Debt	4 480 000	4 467 000	892 000	493 000
Total Current Debt	7 914 000	8 202 000	5 535 000	12 576 000
Total Equity and Debt	17 088 000	17 347 000	14 682 000	19 026 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,3 %	36,94 %	29,49 %	85,98 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−6,48 %	11,99 %	9,38 %	12,07 %
Current Ratio	2,16	2,11	2,65	1,51
Quick Ratio	7,04	2,92	4,27	2,35
Equity Ratio	0,54	0,53	0,62	0,34
Gross Profit Margin	−2,17 %	18,32 %	16,2 %	18,12 %