LARVIKSVEIEN EIENDOM AS

3261 LARVIK

Finances

Return on Equity

5,85 %

Current Ratio

1,23

Debt-to-Equity Ratio

2,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 091 000	4 719 000	4 450 000	4 378 000
Net Income	857 000	941 000	807 000	76 000
Total Assets	56 810 000	57 287 000	53 299 000	54 150 000
Total Equity	14 644 000	13 787 000	8 846 000	8 039 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 091 000	4 719 000	4 450 000	4 378 000
Expenditure	2 386 000	2 321 000	2 064 000	2 586 000
Operating Profit	2 705 000	2 398 000	2 386 000	1 792 000
Financial Income	56 000	61 000	45 000	30 000
Financial Costs	1 662 000	1 253 000	1 396 000	1 725 000
Financial Balance	−1 606 000	−1 192 000	−1 351 000	−1 695 000
Earnings Before Tax	1 099 000	1 206 000	1 035 000	97 000
Tax	242 000	265 000	228 000	21 000
Net Income	857 000	941 000	807 000	76 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	54 520 000	56 153 000	50 753 000	52 117 000
Total Current Assets	2 289 000	1 134 000	2 545 000	2 033 000
Total Assets	56 810 000	57 287 000	53 299 000	54 150 000
Total Retained Equity	−3 356 000	−4 213 000	−5 154 000	−5 961 000
Total Equity	14 644 000	13 787 000	8 846 000	8 039 000
Total Long-Term Debt	40 298 000	41 479 000	43 984 000	2 506 000
Total Current Debt	1 868 000	2 020 000	469 000	43 605 000
Total Equity and Debt	56 810 000	57 287 000	53 299 000	54 150 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	5 091 000	4 719 000	4 450 000	4 378 000
Revenue	5 091 000	4 719 000	4 450 000	4 378 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 878 000	1 911 000	1 367 000	2 022 000
Impairment	0	0	0	0
Expenditure	2 386 000	2 321 000	2 064 000	2 586 000
Operating Profit	2 705 000	2 398 000	2 386 000	1 792 000
Financial Income	56 000	61 000	45 000	30 000
Financial Costs	1 662 000	1 253 000	1 396 000	1 725 000
Financial Balance	−1 606 000	−1 192 000	−1 351 000	−1 695 000
Dividends	0	0	0	0
Net Income	857 000	941 000	807 000	76 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	54 315 000	55 948 000	50 548 000	51 912 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	54 315 000	55 948 000	50 548 000	51 912 000
Total Fiancial Fixed Assets	205 000	205 000	205 000	205 000
Total Fixed Assets	54 520 000	56 153 000	50 753 000	52 117 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	2 289 000	1 134 000	2 545 000	2 033 000
Total Assets	56 810 000	57 287 000	53 299 000	54 150 000
Total Equity	14 644 000	13 787 000	8 846 000	8 039 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	40 298 000	41 479 000	43 984 000	2 506 000
Creditors	153 000	28 000	143 000	153 000
Unpaid Taxes	220 000	177 000	212 000	197 000
Dividends	0	0	0	0
Other Current Debt	1 071 000	1 545 000	115 000	43 255 000
Total Current Debt	1 868 000	2 020 000	469 000	43 605 000
Total Equity and Debt	56 810 000	57 287 000	53 299 000	54 150 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,85 %	6,83 %	9,12 %	0,95 %
Debt-to-Equity Ratio	2,75	3,01	4,97	0,31
Operating Profit Margin	53,13 %	50,82 %	53,62 %	40,93 %
Current Ratio	1,23	0,56	5,43	0,05
Quick Ratio	1,23	0,56	5,43	0,05
Equity Ratio	0,26	0,24	0,17	0,15
Gross Profit Margin	100 %	100 %	100 %	100 %