LIKNES OG FLATNES EIENDOM AS

5523 HAUGESUND

Finances

Share Ownership

Return on Equity

16,45 %

Current Ratio

0,69

Debt-to-Equity Ratio

10,22

Key figures (NOK)	2021	2020	2019	2018
Revenue	803 000	1 074 000	775 000	770 000
Net Income	166 000	300 000	35 000	50 000
Total Assets	11 611 000	11 311 000	11 238 000	11 255 000
Total Equity	1 009 000	843 000	543 000	508 000

Income (NOK)	2021	2020	2019	2018
Revenue	803 000	1 074 000	775 000	770 000
Expenditure	287 000	360 000	317 000	349 000
Operating Profit	516 000	714 000	458 000	420 000
Financial Income	4 000	0	0	0
Financial Costs	391 000	349 000	422 000	370 000
Financial Balance	−387 000	−349 000	−422 000	−370 000
Earnings Before Tax	128 000	366 000	35 000	50 000
Tax	−38 000	66 000	0	0
Net Income	166 000	300 000	35 000	50 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	11 410 000	11 200 000	11 214 000	11 217 000
Total Current Assets	201 000	111 000	25 000	39 000
Total Assets	11 611 000	11 311 000	11 238 000	11 255 000
Total Retained Equity	403 000	237 000	−63 000	−98 000
Total Equity	1 009 000	843 000	543 000	508 000
Total Long-Term Debt	10 310 000	10 390 000	10 708 000	10 748 000
Total Current Debt	291 000	78 000	−13 000	0
Total Equity and Debt	11 611 000	11 311 000	11 238 000	11 255 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	275 000	0	0
Other Income	803 000	799 000	775 000	770 000
Revenue	803 000	1 074 000	775 000	770 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	14 000	3 000	4 000
Impairment	0	0	0	0
Expenditure	287 000	360 000	317 000	349 000
Operating Profit	516 000	714 000	458 000	420 000
Financial Income	4 000	0	0	0
Financial Costs	391 000	349 000	422 000	370 000
Financial Balance	−387 000	−349 000	−422 000	−370 000
Dividends	0	0	0	0
Net Income	166 000	300 000	35 000	50 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 200 000	11 200 000	11 200 000	11 200 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	14 000	17 000
Total Tangible Assets	11 200 000	11 200 000	11 214 000	11 217 000
Total Fiancial Fixed Assets	210 000	0	0	0
Total Fixed Assets	11 410 000	11 200 000	11 214 000	11 217 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	175 000	87 000	0	32 000
Total Current Assets	201 000	111 000	25 000	39 000
Total Assets	11 611 000	11 311 000	11 238 000	11 255 000
Total Equity	1 009 000	843 000	543 000	508 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 310 000	10 390 000	10 708 000	10 748 000
Creditors	−124 000	13 000	−13 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	415 000	0	0	0
Total Current Debt	291 000	78 000	−13 000	0
Total Equity and Debt	11 611 000	11 311 000	11 238 000	11 255 000

Financial indicators	2021	2020	2019	2018
Return on Equity	16,45 %	35,59 %	6,45 %	9,84 %
Debt-to-Equity Ratio	10,22	12,33	19,72	21,16
Operating Profit Margin	64,26 %	66,48 %	59,1 %	54,55 %
Current Ratio	0,69	1,42	−1,92	-
Quick Ratio	0,69	1,42	−1,92	-
Equity Ratio	0,09	0,07	0,05	0,05
Gross Profit Margin	100 %	100 %	100 %	100 %