LANDE MEK EIENDOM AS

1738 BORGENHAUGEN

Finances

Share Ownership

Return on Equity

10,27 %

Current Ratio

4,53

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 086 000	1 121 000	1 108 000	1 093 000
Net Income	610 000	629 000	458 000	639 000
Total Assets	7 518 000	7 210 000	6 860 000	6 726 000
Total Equity	5 939 000	5 929 000	5 800 000	5 642 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 086 000	1 121 000	1 108 000	1 093 000
Expenditure	332 000	325 000	531 000	293 000
Operating Profit	754 000	796 000	577 000	800 000
Financial Income	41 000	17 000	17 000	26 000
Financial Costs	13 000	8 000	6 000	6 000
Financial Balance	28 000	9 000	11 000	20 000
Earnings Before Tax	782 000	806 000	587 000	820 000
Tax	172 000	177 000	129 000	180 000
Net Income	610 000	629 000	458 000	639 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 688 000	3 844 000	4 000 000	4 156 000
Total Current Assets	3 831 000	3 366 000	2 860 000	2 571 000
Total Assets	7 518 000	7 210 000	6 860 000	6 726 000
Total Retained Equity	4 285 000	4 275 000	4 146 000	3 988 000
Total Equity	5 939 000	5 929 000	5 800 000	5 642 000
Total Long-Term Debt	735 000	537 000	543 000	549 000
Total Current Debt	845 000	745 000	517 000	536 000
Total Equity and Debt	7 518 000	7 210 000	6 860 000	6 726 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 086 000	1 121 000	1 108 000	1 093 000
Revenue	1 086 000	1 121 000	1 108 000	1 093 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	156 000	156 000	156 000	156 000
Impairment	0	0	0	0
Expenditure	332 000	325 000	531 000	293 000
Operating Profit	754 000	796 000	577 000	800 000
Financial Income	41 000	17 000	17 000	26 000
Financial Costs	13 000	8 000	6 000	6 000
Financial Balance	28 000	9 000	11 000	20 000
Dividends	600 000	500 000	300 000	300 000
Net Income	610 000	629 000	458 000	639 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 688 000	3 844 000	4 000 000	4 156 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 688 000	3 844 000	4 000 000	4 156 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 688 000	3 844 000	4 000 000	4 156 000
Stock	0	0	0	0
Total Investments	0	1 852 000	1 835 000	1 021 000
Cash, Bank	3 831 000	1 514 000	1 025 000	1 550 000
Total Current Assets	3 831 000	3 366 000	2 860 000	2 571 000
Total Assets	7 518 000	7 210 000	6 860 000	6 726 000
Total Equity	5 939 000	5 929 000	5 800 000	5 642 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	735 000	537 000	543 000	549 000
Creditors	0	0	36 000	0
Unpaid Taxes	39 000	48 000	40 000	39 000
Dividends	600 000	500 000	300 000	300 000
Other Current Debt	19 000	6 000	0	6 000
Total Current Debt	845 000	745 000	517 000	536 000
Total Equity and Debt	7 518 000	7 210 000	6 860 000	6 726 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,27 %	10,61 %	7,9 %	11,33 %
Debt-to-Equity Ratio	0,12	0,09	0,09	0,1
Operating Profit Margin	69,43 %	71,01 %	52,08 %	73,19 %
Current Ratio	4,53	4,52	5,53	4,8
Quick Ratio	4,53	4,52	5,53	4,8
Equity Ratio	0,79	0,82	0,85	0,84
Gross Profit Margin	100 %	100 %	100 %	100 %