JOHAN B. LARSEN EIENDOM AS

8392 SØRVÅGEN

Finances

Share Ownership

Return on Equity

64,16 %

Current Ratio

0,36

Debt-to-Equity Ratio

−3,16

Key figures (NOK)	2017	2016	2015	2014
Revenue	150 823 000	2 164 000	2 685 000	1 811 000
Net Income	−4 546 000	99 000	1 051 000	391 000
Total Assets	58 279 000	23 556 000	18 395 000	14 378 000
Total Equity	−7 085 000	1 676 000	1 476 000	780 000

Income (NOK)	2017	2016	2015	2014
Revenue	150 823 000	2 164 000	2 685 000	1 811 000
Expenditure	158 573 000	1 402 000	904 000	841 000
Operating Profit	−5 043 000	761 000	1 781 000	970 000
Financial Income	5 819 000	100 000	0	158 000
Financial Costs	7 560 000	765 000	676 000	737 000
Financial Balance	−1 741 000	−665 000	−676 000	−579 000
Earnings Before Tax	−6 784 000	96 000	1 105 000	391 000
Tax	−2 238 000	−3 000	54 000	0
Net Income	−4 546 000	99 000	1 051 000	391 000

Balance (NOK)	2017	2016	2015	2014
Total Fixed Assets	42 778 000	21 757 000	16 612 000	13 489 000
Total Current Assets	15 501 000	1 799 000	1 784 000	889 000
Total Assets	58 279 000	23 556 000	18 395 000	14 378 000
Total Retained Equity	−8 485 000	248 000	48 000	−647 000
Total Equity	−7 085 000	1 676 000	1 476 000	780 000
Total Long-Term Debt	22 371 000	15 689 000	12 057 000	11 418 000
Total Current Debt	42 993 000	6 191 000	4 863 000	2 180 000
Total Equity and Debt	58 279 000	23 556 000	18 395 000	14 378 000

Cash flow (NOK)	2017	2016	2015	2014
Sales Income	150 725 000	1 987 000	1 785 000	0
Other Income	98 000	177 000	900 000	1 811 000
Revenue	150 823 000	2 164 000	2 685 000	1 811 000
Cost of Goods Sold	126 637 000	0	0	0
Salary Costs	16 629 000	0	0	0
Depreciation	2 377 000	866 000	701 000	680 000
Impairment	0	0	0	0
Expenditure	158 573 000	1 402 000	904 000	841 000
Operating Profit	−5 043 000	761 000	1 781 000	970 000
Financial Income	5 819 000	100 000	0	158 000
Financial Costs	7 560 000	765 000	676 000	737 000
Financial Balance	−1 741 000	−665 000	−676 000	−579 000
Dividends	0	0	0	0
Net Income	−4 546 000	99 000	1 051 000	391 000

Balance details (NOK)	2017	2016	2015	2014
Goodwill	0	0	0	0
Total Intangible Assets	3 888 000	0	0	0
Real Eastate	28 670 000	15 083 000	11 451 000	7 926 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	9 127 000	3 654 000	2 350 000	2 753 000
Total Tangible Assets	37 797 000	18 737 000	13 802 000	10 679 000
Total Fiancial Fixed Assets	1 092 000	3 020 000	2 810 000	2 810 000
Total Fixed Assets	42 778 000	21 757 000	16 612 000	13 489 000
Stock	4 701 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 592 000	0	0	10 000
Total Current Assets	15 501 000	1 799 000	1 784 000	889 000
Total Assets	58 279 000	23 556 000	18 395 000	14 378 000
Total Equity	−7 085 000	1 676 000	1 476 000	780 000
Short-Term Group Debt	0	5 418 000	4 254 000	1 702 000
Total Long-Term Debt	22 371 000	15 689 000	12 057 000	11 418 000
Creditors	25 845 000	368 000	116 000	39 000
Unpaid Taxes	729 000	0	0	276 000
Dividends	0	0	0	0
Other Current Debt	3 403 000	405 000	492 000	163 000
Total Current Debt	42 993 000	6 191 000	4 863 000	2 180 000
Total Equity and Debt	58 279 000	23 556 000	18 395 000	14 378 000

Financial indicators	2017	2016	2015	2014
Return on Equity	64,16 %	5,91 %	71,21 %	50,13 %
Debt-to-Equity Ratio	−3,16	9,36	8,17	14,64
Operating Profit Margin	−3,34 %	35,17 %	66,33 %	53,56 %
Current Ratio	0,36	0,29	0,37	0,41
Quick Ratio	0,4	0,29	0,37	0,41
Equity Ratio	−0,12	0,07	0,08	0,05
Gross Profit Margin	16,04 %	100 %	100 %	100 %