KONGEGATA 19 LARVIK AS

3256 LARVIK

Finances

Share Ownership

Return on Equity

6,9 %

Current Ratio

1,15

Debt-to-Equity Ratio

9,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	388 000	506 000	367 000	411 000
Net Income	24 000	61 000	44 000	34 000
Total Assets	3 765 000	3 866 000	3 904 000	3 987 000
Total Equity	348 000	324 000	263 000	220 000

Income (NOK)	2022	2021	2020	2019
Revenue	388 000	506 000	367 000	411 000
Expenditure	288 000	367 000	244 000	284 000
Operating Profit	100 000	139 000	122 000	127 000
Financial Income	4 000	4 000	4 000	0
Financial Costs	74 000	64 000	72 000	84 000
Financial Balance	−70 000	−60 000	−68 000	−84 000
Earnings Before Tax	30 000	79 000	55 000	43 000
Tax	7 000	18 000	12 000	9 000
Net Income	24 000	61 000	44 000	34 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 735 000	3 807 000	3 889 000	3 952 000
Total Current Assets	31 000	58 000	15 000	35 000
Total Assets	3 765 000	3 866 000	3 904 000	3 987 000
Total Retained Equity	248 000	224 000	163 000	120 000
Total Equity	348 000	324 000	263 000	220 000
Total Long-Term Debt	3 391 000	2 936 000	3 039 000	3 717 000
Total Current Debt	27 000	605 000	602 000	51 000
Total Equity and Debt	3 765 000	3 866 000	3 904 000	3 987 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	333 000	364 000
Other Income	388 000	506 000	34 000	47 000
Revenue	388 000	506 000	367 000	411 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	73 000	81 000	63 000	63 000
Impairment	0	0	0	0
Expenditure	288 000	367 000	244 000	284 000
Operating Profit	100 000	139 000	122 000	127 000
Financial Income	4 000	4 000	4 000	0
Financial Costs	74 000	64 000	72 000	84 000
Financial Balance	−70 000	−60 000	−68 000	−84 000
Dividends	0	0	0	0
Net Income	24 000	61 000	44 000	34 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 735 000	3 807 000	3 889 000	3 952 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 735 000	3 807 000	3 889 000	3 952 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 735 000	3 807 000	3 889 000	3 952 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	20 000	29 000	5 000	35 000
Total Current Assets	31 000	58 000	15 000	35 000
Total Assets	3 765 000	3 866 000	3 904 000	3 987 000
Total Equity	348 000	324 000	263 000	220 000
Short-Term Group Debt	0	0	9 000	0
Total Long-Term Debt	3 391 000	2 936 000	3 039 000	3 717 000
Creditors	0	9 000	12 000	10 000
Unpaid Taxes	0	7 000	7 000	13 000
Dividends	0	0	0	0
Other Current Debt	27 000	589 000	573 000	27 000
Total Current Debt	27 000	605 000	602 000	51 000
Total Equity and Debt	3 765 000	3 866 000	3 904 000	3 987 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,9 %	18,83 %	16,73 %	15,45 %
Debt-to-Equity Ratio	9,74	9,06	11,56	16,9
Operating Profit Margin	25,77 %	27,47 %	33,24 %	30,9 %
Current Ratio	1,15	0,1	0,02	0,69
Quick Ratio	1,15	0,1	0,02	0,69
Equity Ratio	0,09	0,08	0,07	0,06
Gross Profit Margin	100 %	100 %	100 %	100 %