LARSEN GLASS EIENDOM AS

5309 KLEPPESTØ

Finances

Share Ownership

Return on Equity

18,05 %

Current Ratio

3,49

Debt-to-Equity Ratio

1,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	723 000	655 000	639 000	630 000
Net Income	224 000	221 000	184 000	153 000
Total Assets	3 806 000	3 755 000	3 759 000	3 789 000
Total Equity	1 241 000	1 017 000	796 000	612 000

Income (NOK)	2022	2021	2020	2019
Revenue	723 000	655 000	639 000	630 000
Expenditure	311 000	273 000	289 000	291 000
Operating Profit	412 000	382 000	350 000	339 000
Financial Income	5 000	4 000	4 000	0
Financial Costs	108 000	83 000	99 000	126 000
Financial Balance	−103 000	−79 000	−95 000	−126 000
Earnings Before Tax	309 000	303 000	255 000	213 000
Tax	85 000	83 000	71 000	60 000
Net Income	224 000	221 000	184 000	153 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 899 000	3 079 000	3 296 000	3 514 000
Total Current Assets	907 000	676 000	463 000	276 000
Total Assets	3 806 000	3 755 000	3 759 000	3 789 000
Total Retained Equity	1 141 000	917 000	696 000	512 000
Total Equity	1 241 000	1 017 000	796 000	612 000
Total Long-Term Debt	2 304 000	2 536 000	2 772 000	2 996 000
Total Current Debt	260 000	202 000	191 000	181 000
Total Equity and Debt	3 806 000	3 755 000	3 759 000	3 789 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	723 000	655 000	639 000	630 000
Revenue	723 000	655 000	639 000	630 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	218 000	218 000	218 000	218 000
Impairment	0	0	0	0
Expenditure	311 000	273 000	289 000	291 000
Operating Profit	412 000	382 000	350 000	339 000
Financial Income	5 000	4 000	4 000	0
Financial Costs	108 000	83 000	99 000	126 000
Financial Balance	−103 000	−79 000	−95 000	−126 000
Dividends	0	0	0	0
Net Income	224 000	221 000	184 000	153 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 899 000	3 079 000	3 296 000	3 514 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 899 000	3 079 000	3 296 000	3 514 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 899 000	3 079 000	3 296 000	3 514 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	674 000	553 000	340 000	154 000
Total Current Assets	907 000	676 000	463 000	276 000
Total Assets	3 806 000	3 755 000	3 759 000	3 789 000
Total Equity	1 241 000	1 017 000	796 000	612 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 304 000	2 536 000	2 772 000	2 996 000
Creditors	6 000	0	1 000	2 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	170 000	119 000	120 000	120 000
Total Current Debt	260 000	202 000	191 000	181 000
Total Equity and Debt	3 806 000	3 755 000	3 759 000	3 789 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,05 %	21,73 %	23,12 %	25 %
Debt-to-Equity Ratio	1,86	2,49	3,48	4,9
Operating Profit Margin	56,98 %	58,32 %	54,77 %	53,81 %
Current Ratio	3,49	3,35	2,42	1,52
Quick Ratio	3,49	3,35	2,42	1,52
Equity Ratio	0,33	0,27	0,21	0,16
Gross Profit Margin	100 %	100 %	100 %	100 %