LANDE AUTO AS

1710 SARPSBORG

Finances

Share Ownership

Return on Equity

21,53 %

Current Ratio

1,88

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 367 000	9 665 000	9 554 000	8 227 000
Net Income	414 000	671 000	705 000	412 000
Total Assets	3 301 000	3 680 000	3 418 000	3 275 000
Total Equity	1 923 000	1 709 000	1 438 000	1 633 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 367 000	9 665 000	9 554 000	8 227 000
Expenditure	8 852 000	8 754 000	8 653 000	7 715 000
Operating Profit	515 000	910 000	900 000	512 000
Financial Income	15 000	6 000	30 000	18 000
Financial Costs	0	44 000	27 000	2 000
Financial Balance	15 000	−38 000	3 000	16 000
Earnings Before Tax	531 000	872 000	904 000	529 000
Tax	117 000	201 000	199 000	117 000
Net Income	414 000	671 000	705 000	412 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	705 000	342 000	392 000	347 000
Total Current Assets	2 596 000	3 338 000	3 026 000	2 928 000
Total Assets	3 301 000	3 680 000	3 418 000	3 275 000
Total Retained Equity	1 823 000	1 609 000	1 338 000	1 533 000
Total Equity	1 923 000	1 709 000	1 438 000	1 633 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 378 000	1 971 000	1 980 000	1 642 000
Total Equity and Debt	3 301 000	3 680 000	3 418 000	3 275 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 337 000	9 665 000	9 554 000	8 227 000
Other Income	30 000	0	0	0
Revenue	9 367 000	9 665 000	9 554 000	8 227 000
Cost of Goods Sold	3 133 000	3 296 000	3 357 000	2 842 000
Salary Costs	3 851 000	3 639 000	3 578 000	3 087 000
Depreciation	120 000	197 000	138 000	115 000
Impairment	0	0	0	0
Expenditure	8 852 000	8 754 000	8 653 000	7 715 000
Operating Profit	515 000	910 000	900 000	512 000
Financial Income	15 000	6 000	30 000	18 000
Financial Costs	0	44 000	27 000	2 000
Financial Balance	15 000	−38 000	3 000	16 000
Dividends	200 000	400 000	900 000	0
Net Income	414 000	671 000	705 000	412 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	18 000	45 000	27 000	20 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	684 000	294 000	320 000	283 000
Total Tangible Assets	684 000	294 000	320 000	283 000
Total Fiancial Fixed Assets	3 000	3 000	45 000	45 000
Total Fixed Assets	705 000	342 000	392 000	347 000
Stock	206 000	204 000	219 000	138 000
Total Investments	0	0	0	0
Cash, Bank	2 198 000	2 779 000	2 519 000	2 488 000
Total Current Assets	2 596 000	3 338 000	3 026 000	2 928 000
Total Assets	3 301 000	3 680 000	3 418 000	3 275 000
Total Equity	1 923 000	1 709 000	1 438 000	1 633 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	293 000	405 000	550 000	301 000
Unpaid Taxes	465 000	593 000	501 000	504 000
Dividends	200 000	400 000	900 000	0
Other Current Debt	331 000	353 000	322 000	710 000
Total Current Debt	1 378 000	1 971 000	1 980 000	1 642 000
Total Equity and Debt	3 301 000	3 680 000	3 418 000	3 275 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,53 %	39,26 %	49,03 %	25,23 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,5 %	9,42 %	9,42 %	6,22 %
Current Ratio	1,88	1,69	1,53	1,78
Quick Ratio	2,22	1,89	1,72	1,95
Equity Ratio	0,58	0,46	0,42	0,5
Gross Profit Margin	66,55 %	65,9 %	64,86 %	65,46 %