HEGDALSRINGEN 23-27 LARVIK AS

3262 LARVIK

Finances

Share Ownership

Return on Equity

9,5 %

Current Ratio

0,52

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 697 000	6 005 000	4 715 000	4 806 000
Net Income	2 634 000	1 721 000	1 139 000	1 575 000
Total Assets	37 765 000	36 356 000	37 680 000	38 613 000
Total Equity	27 726 000	28 643 000	29 541 000	30 358 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 697 000	6 005 000	4 715 000	4 806 000
Expenditure	3 291 000	3 768 000	3 193 000	2 738 000
Operating Profit	3 406 000	2 236 000	1 522 000	2 068 000
Financial Income	28 000	14 000	11 000	15 000
Financial Costs	58 000	44 000	73 000	64 000
Financial Balance	−30 000	−30 000	−62 000	−49 000
Earnings Before Tax	3 376 000	2 206 000	1 460 000	2 020 000
Tax	743 000	485 000	321 000	444 000
Net Income	2 634 000	1 721 000	1 139 000	1 575 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	33 698 000	33 962 000	36 112 000	36 965 000
Total Current Assets	4 067 000	2 395 000	1 568 000	1 649 000
Total Assets	37 765 000	36 356 000	37 680 000	38 613 000
Total Retained Equity	2 634 000	0	0	0
Total Equity	27 726 000	28 643 000	29 541 000	30 358 000
Total Long-Term Debt	2 168 000	1 305 000	1 797 000	795 000
Total Current Debt	7 870 000	6 409 000	6 342 000	7 460 000
Total Equity and Debt	37 765 000	36 356 000	37 680 000	38 613 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	238 000	415 000	68 000	140 000
Other Income	6 460 000	5 590 000	4 646 000	4 666 000
Revenue	6 697 000	6 005 000	4 715 000	4 806 000
Cost of Goods Sold	0	175 000	0	0
Salary Costs	0	0	0	0
Depreciation	2 542 000	2 491 000	2 436 000	2 238 000
Impairment	0	0	0	0
Expenditure	3 291 000	3 768 000	3 193 000	2 738 000
Operating Profit	3 406 000	2 236 000	1 522 000	2 068 000
Financial Income	28 000	14 000	11 000	15 000
Financial Costs	58 000	44 000	73 000	64 000
Financial Balance	−30 000	−30 000	−62 000	−49 000
Dividends	0	0	0	0
Net Income	2 634 000	1 721 000	1 139 000	1 575 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 817 000	1 559 000	1 305 000	1 075 000
Real Eastate	31 788 000	32 268 000	34 665 000	35 846 000
Machinery and Plant Facilities	93 000	0	0	0
Fixtures	0	135 000	141 000	44 000
Total Tangible Assets	31 881 000	32 403 000	34 806 000	35 890 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	33 698 000	33 962 000	36 112 000	36 965 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	492 000	698 000	603 000	49 000
Total Current Assets	4 067 000	2 395 000	1 568 000	1 649 000
Total Assets	37 765 000	36 356 000	37 680 000	38 613 000
Total Equity	27 726 000	28 643 000	29 541 000	30 358 000
Short-Term Group Debt	6 168 000	4 892 000	4 870 000	4 933 000
Total Long-Term Debt	2 168 000	1 305 000	1 797 000	795 000
Creditors	91 000	72 000	325 000	1 647 000
Unpaid Taxes	388 000	349 000	180 000	0
Dividends	0	0	0	0
Other Current Debt	1 223 000	1 096 000	967 000	880 000
Total Current Debt	7 870 000	6 409 000	6 342 000	7 460 000
Total Equity and Debt	37 765 000	36 356 000	37 680 000	38 613 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,5 %	6,01 %	3,86 %	5,19 %
Debt-to-Equity Ratio	0,08	0,05	0,06	0,03
Operating Profit Margin	50,86 %	37,24 %	32,28 %	43,03 %
Current Ratio	0,52	0,37	0,25	0,22
Quick Ratio	0,52	0,37	0,25	0,22
Equity Ratio	0,73	0,79	0,78	0,79
Gross Profit Margin	100 %	97,09 %	100 %	100 %