LARSEN PROPERTY AS

6522 FREI

Finances

Share Ownership

Return on Equity

−18,42 %

Current Ratio

Debt-to-Equity Ratio

−14,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	135 000	138 000	138 000	138 000
Net Income	21 000	8 000	−28 000	−88 000
Total Assets	1 592 000	1 597 000	1 612 000	1 598 000
Total Equity	−114 000	−136 000	−143 000	−116 000

Income (NOK)	2022	2021	2020	2019
Revenue	135 000	138 000	138 000	138 000
Expenditure	40 000	72 000	104 000	128 000
Operating Profit	95 000	66 000	34 000	10 000
Financial Income	0	0	0	0
Financial Costs	73 000	59 000	62 000	62 000
Financial Balance	−73 000	−59 000	−62 000	−62 000
Earnings Before Tax	21 000	8 000	−28 000	−52 000
Tax	0	0	0	36 000
Net Income	21 000	8 000	−28 000	−88 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 592 000	1 592 000	1 592 000	1 595 000
Total Current Assets	0	4 000	19 000	3 000
Total Assets	1 592 000	1 597 000	1 612 000	1 598 000
Total Retained Equity	−214 000	−236 000	−243 000	−216 000
Total Equity	−114 000	−136 000	−143 000	−116 000
Total Long-Term Debt	1 679 000	1 692 000	1 726 000	1 681 000
Total Current Debt	27 000	40 000	29 000	32 000
Total Equity and Debt	1 592 000	1 597 000	1 612 000	1 598 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	135 000	138 000	138 000	138 000
Revenue	135 000	138 000	138 000	138 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	40 000	72 000	104 000	128 000
Operating Profit	95 000	66 000	34 000	10 000
Financial Income	0	0	0	0
Financial Costs	73 000	59 000	62 000	62 000
Financial Balance	−73 000	−59 000	−62 000	−62 000
Dividends	0	0	0	0
Net Income	21 000	8 000	−28 000	−88 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 592 000	1 592 000	1 592 000	1 592 000
Total Tangible Assets	1 592 000	1 592 000	1 592 000	1 592 000
Total Fiancial Fixed Assets	0	0	0	3 000
Total Fixed Assets	1 592 000	1 592 000	1 592 000	1 595 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	1 000	8 000	0
Total Current Assets	0	4 000	19 000	3 000
Total Assets	1 592 000	1 597 000	1 612 000	1 598 000
Total Equity	−114 000	−136 000	−143 000	−116 000
Short-Term Group Debt	27 000	0	0	0
Total Long-Term Debt	1 679 000	1 692 000	1 726 000	1 681 000
Creditors	0	32 000	21 000	1 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	8 000	8 000	32 000
Total Current Debt	27 000	40 000	29 000	32 000
Total Equity and Debt	1 592 000	1 597 000	1 612 000	1 598 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18,42 %	−5,88 %	19,58 %	75,86 %
Debt-to-Equity Ratio	−14,73	−12,44	−12,07	−14,49
Operating Profit Margin	70,37 %	47,83 %	24,64 %	7,25 %
Current Ratio	0	0,1	0,66	0,09
Quick Ratio	0	0,1	0,66	0,09
Equity Ratio	−0,07	−0,09	−0,09	−0,07
Gross Profit Margin	100 %	100 %	100 %	100 %