LANGVIK RØRLEGGERSERVICE AS

1743 KLAVESTADHAUGEN

Finances

Return on Equity

40,32 %

Current Ratio

1,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 411 000	2 364 000	2 532 000	900 000
Net Income	202 000	192 000	166 000	42 000
Total Assets	948 000	631 000	929 000	421 000
Total Equity	501 000	300 000	108 000	67 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 411 000	2 364 000	2 532 000	900 000
Expenditure	2 152 000	2 098 000	2 308 000	837 000
Operating Profit	259 000	266 000	225 000	64 000
Financial Income	10 000	0	0	0
Financial Costs	0	8 000	5 000	11 000
Financial Balance	10 000	−8 000	−5 000	−11 000
Earnings Before Tax	269 000	258 000	219 000	53 000
Tax	67 000	67 000	53 000	11 000
Net Income	202 000	192 000	166 000	42 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	116 000	158 000	153 000	148 000
Total Current Assets	831 000	473 000	776 000	273 000
Total Assets	948 000	631 000	929 000	421 000
Total Retained Equity	471 000	270 000	78 000	37 000
Total Equity	501 000	300 000	108 000	67 000
Total Long-Term Debt	0	0	122 000	148 000
Total Current Debt	446 000	331 000	699 000	206 000
Total Equity and Debt	948 000	631 000	929 000	421 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 411 000	2 348 000	2 532 000	900 000
Other Income	0	16 000	0	0
Revenue	2 411 000	2 364 000	2 532 000	900 000
Cost of Goods Sold	1 058 000	968 000	1 261 000	292 000
Salary Costs	658 000	730 000	697 000	361 000
Depreciation	30 000	49 000	46 000	26 000
Impairment	0	0	0	0
Expenditure	2 152 000	2 098 000	2 308 000	837 000
Operating Profit	259 000	266 000	225 000	64 000
Financial Income	10 000	0	0	0
Financial Costs	0	8 000	5 000	11 000
Financial Balance	10 000	−8 000	−5 000	−11 000
Dividends	0	0	125 000	0
Net Income	202 000	192 000	166 000	42 000

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	28 000	57 000	133 000	128 000
Total Tangible Assets	28 000	57 000	133 000	128 000
Total Fiancial Fixed Assets	88 000	101 000	20 000	20 000
Total Fixed Assets	116 000	158 000	153 000	148 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	408 000	111 000	206 000	218 000
Total Current Assets	831 000	473 000	776 000	273 000
Total Assets	948 000	631 000	929 000	421 000
Total Equity	501 000	300 000	108 000	67 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	122 000	148 000
Creditors	241 000	63 000	367 000	79 000
Unpaid Taxes	78 000	132 000	89 000	86 000
Dividends	0	0	125 000	0
Other Current Debt	59 000	67 000	65 000	33 000
Total Current Debt	446 000	331 000	699 000	206 000
Total Equity and Debt	948 000	631 000	929 000	421 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,32 %	64 %	153,7 %	62,69 %
Debt-to-Equity Ratio	0	0	1,13	2,21
Operating Profit Margin	10,74 %	11,25 %	8,89 %	7,11 %
Current Ratio	1,86	1,43	1,11	1,33
Quick Ratio	1,86	1,43	1,11	1,33
Equity Ratio	0,53	0,48	0,12	0,16
Gross Profit Margin	56,12 %	59,05 %	50,2 %	67,56 %