LONGRANGE NETWORKS NORWAY AS

3482 TOFTE

Finances

Share Ownership

Return on Equity

26,77 %

Current Ratio

2,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 838 000	2 902 000	2 013 000	2 090 000
Net Income	178 000	317 000	38 000	109 000
Total Assets	1 123 000	932 000	464 000	609 000
Total Equity	665 000	488 000	171 000	133 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 838 000	2 902 000	2 013 000	2 090 000
Expenditure	3 593 000	2 484 000	1 958 000	1 945 000
Operating Profit	243 000	419 000	55 000	144 000
Financial Income	0	0	1 000	0
Financial Costs	10 000	8 000	6 000	4 000
Financial Balance	−10 000	−8 000	−5 000	−4 000
Earnings Before Tax	234 000	411 000	49 000	140 000
Tax	56 000	94 000	11 000	31 000
Net Income	178 000	317 000	38 000	109 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	87 000	38 000	32 000	34 000
Total Current Assets	1 036 000	894 000	432 000	575 000
Total Assets	1 123 000	932 000	464 000	609 000
Total Retained Equity	641 000	463 000	147 000	109 000
Total Equity	665 000	488 000	171 000	133 000
Total Long-Term Debt	0	1 000	0	0
Total Current Debt	458 000	443 000	293 000	476 000
Total Equity and Debt	1 123 000	932 000	464 000	609 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 838 000	2 902 000	2 013 000	2 090 000
Other Income	0	0	0	0
Revenue	3 838 000	2 902 000	2 013 000	2 090 000
Cost of Goods Sold	1 782 000	1 168 000	750 000	1 105 000
Salary Costs	1 059 000	853 000	708 000	448 000
Depreciation	21 000	17 000	12 000	8 000
Impairment	0	0	0	0
Expenditure	3 593 000	2 484 000	1 958 000	1 945 000
Operating Profit	243 000	419 000	55 000	144 000
Financial Income	0	0	1 000	0
Financial Costs	10 000	8 000	6 000	4 000
Financial Balance	−10 000	−8 000	−5 000	−4 000
Dividends	0	0	0	0
Net Income	178 000	317 000	38 000	109 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	54 000	38 000	25 000	22 000
Total Tangible Assets	54 000	38 000	25 000	22 000
Total Fiancial Fixed Assets	33 000	0	7 000	12 000
Total Fixed Assets	87 000	38 000	32 000	34 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	538 000	490 000	177 000	243 000
Total Current Assets	1 036 000	894 000	432 000	575 000
Total Assets	1 123 000	932 000	464 000	609 000
Total Equity	665 000	488 000	171 000	133 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	0	0
Creditors	136 000	113 000	119 000	329 000
Unpaid Taxes	169 000	161 000	99 000	60 000
Dividends	0	0	0	0
Other Current Debt	95 000	75 000	64 000	56 000
Total Current Debt	458 000	443 000	293 000	476 000
Total Equity and Debt	1 123 000	932 000	464 000	609 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,77 %	64,96 %	22,22 %	81,95 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,33 %	14,44 %	2,73 %	6,89 %
Current Ratio	2,26	2,02	1,47	1,21
Quick Ratio	2,26	2,02	1,47	1,21
Equity Ratio	0,59	0,52	0,37	0,22
Gross Profit Margin	53,57 %	59,75 %	62,74 %	47,13 %