ELVEVEIEN 26-28 LARVIK AS

3262 LARVIK

Finances

Share Ownership

Return on Equity

13,54 %

Current Ratio

0,32

Debt-to-Equity Ratio

0,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 032 000	2 657 000	2 257 000	2 605 000
Net Income	632 000	1 408 000	67 000	168 000
Total Assets	13 198 000	13 652 000	12 677 000	13 906 000
Total Equity	4 669 000	5 158 000	4 402 000	4 905 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 032 000	2 657 000	2 257 000	2 605 000
Expenditure	2 120 000	2 314 000	1 892 000	2 084 000
Operating Profit	912 000	343 000	365 000	521 000
Financial Income	12 000	5 000	6 000	11 000
Financial Costs	114 000	95 000	143 000	152 000
Financial Balance	−102 000	−90 000	−137 000	−141 000
Earnings Before Tax	810 000	253 000	228 000	381 000
Tax	178 000	−1 155 000	161 000	212 000
Net Income	632 000	1 408 000	67 000	168 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 726 000	12 617 000	11 652 000	12 516 000
Total Current Assets	1 472 000	1 035 000	1 025 000	1 389 000
Total Assets	13 198 000	13 652 000	12 677 000	13 906 000
Total Retained Equity	1 971 000	1 339 000	0	0
Total Equity	4 669 000	5 158 000	4 402 000	4 905 000
Total Long-Term Debt	3 923 000	3 826 000	4 159 000	4 978 000
Total Current Debt	4 607 000	4 668 000	4 116 000	4 023 000
Total Equity and Debt	13 198 000	13 652 000	12 677 000	13 906 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	79 000	230 000	148 000	373 000
Other Income	2 953 000	2 427 000	2 109 000	2 232 000
Revenue	3 032 000	2 657 000	2 257 000	2 605 000
Cost of Goods Sold	0	0	0	64 000
Salary Costs	0	0	0	0
Depreciation	1 176 000	1 156 000	1 137 000	1 131 000
Impairment	0	0	0	0
Expenditure	2 120 000	2 314 000	1 892 000	2 084 000
Operating Profit	912 000	343 000	365 000	521 000
Financial Income	12 000	5 000	6 000	11 000
Financial Costs	114 000	95 000	143 000	152 000
Financial Balance	−102 000	−90 000	−137 000	−141 000
Dividends	0	0	0	0
Net Income	632 000	1 408 000	67 000	168 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 477 000	1 339 000	0	0
Real Eastate	10 150 000	11 217 000	11 603 000	12 496 000
Machinery and Plant Facilities	57 000	0	0	0
Fixtures	42 000	61 000	49 000	20 000
Total Tangible Assets	10 249 000	11 278 000	11 652 000	12 516 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 726 000	12 617 000	11 652 000	12 516 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	719 000	68 000	602 000	445 000
Total Current Assets	1 472 000	1 035 000	1 025 000	1 389 000
Total Assets	13 198 000	13 652 000	12 677 000	13 906 000
Total Equity	4 669 000	5 158 000	4 402 000	4 905 000
Short-Term Group Debt	3 533 000	3 797 000	2 790 000	3 126 000
Total Long-Term Debt	3 923 000	3 826 000	4 159 000	4 978 000
Creditors	126 000	72 000	666 000	95 000
Unpaid Taxes	129 000	120 000	0	110 000
Dividends	0	0	0	0
Other Current Debt	818 000	678 000	660 000	691 000
Total Current Debt	4 607 000	4 668 000	4 116 000	4 023 000
Total Equity and Debt	13 198 000	13 652 000	12 677 000	13 906 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,54 %	27,3 %	1,52 %	3,43 %
Debt-to-Equity Ratio	0,84	0,74	0,94	1,01
Operating Profit Margin	30,08 %	12,91 %	16,17 %	20 %
Current Ratio	0,32	0,22	0,25	0,35
Quick Ratio	0,32	0,22	0,25	0,35
Equity Ratio	0,35	0,38	0,35	0,35
Gross Profit Margin	100 %	100 %	100 %	97,54 %