LANGTANGEN AS

7724 STEINKJER

Finances

Return on Equity

−78,57 %

Current Ratio

2,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 282 000	3 446 000	3 266 000	1 458 000
Net Income	−352 000	353 000	41 000	359 000
Total Assets	628 000	1 008 000	1 114 000	1 073 000
Total Equity	448 000	800 000	747 000	1 005 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 282 000	3 446 000	3 266 000	1 458 000
Expenditure	2 693 000	2 976 000	3 207 000	1 510 000
Operating Profit	−446 000	471 000	59 000	−52 000
Financial Income	4 000	1 000	0	400 000
Financial Costs	9 000	19 000	6 000	1 000
Financial Balance	−5 000	−18 000	−6 000	399 000
Earnings Before Tax	−451 000	452 000	53 000	348 000
Tax	−99 000	100 000	12 000	−12 000
Net Income	−352 000	353 000	41 000	359 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	224 000	125 000	125 000	133 000
Total Current Assets	405 000	883 000	989 000	940 000
Total Assets	628 000	1 008 000	1 114 000	1 073 000
Total Retained Equity	348 000	700 000	647 000	905 000
Total Equity	448 000	800 000	747 000	1 005 000
Total Long-Term Debt	0	0	1 000	0
Total Current Debt	180 000	208 000	366 000	68 000
Total Equity and Debt	628 000	1 008 000	1 114 000	1 073 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 282 000	3 446 000	3 266 000	1 458 000
Other Income	0	0	0	0
Revenue	2 282 000	3 446 000	3 266 000	1 458 000
Cost of Goods Sold	2 182 000	2 475 000	2 623 000	1 073 000
Salary Costs	177 000	33 000	158 000	142 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 693 000	2 976 000	3 207 000	1 510 000
Operating Profit	−446 000	471 000	59 000	−52 000
Financial Income	4 000	1 000	0	400 000
Financial Costs	9 000	19 000	6 000	1 000
Financial Balance	−5 000	−18 000	−6 000	399 000
Dividends	0	0	0	0
Net Income	−352 000	353 000	41 000	359 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	99 000	0	0	8 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	125 000	125 000	125 000	125 000
Total Fixed Assets	224 000	125 000	125 000	133 000
Stock	134 000	170 000	124 000	239 000
Total Investments	0	0	0	0
Cash, Bank	44 000	452 000	623 000	163 000
Total Current Assets	405 000	883 000	989 000	940 000
Total Assets	628 000	1 008 000	1 114 000	1 073 000
Total Equity	448 000	800 000	747 000	1 005 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 000	0
Creditors	71 000	−28 000	231 000	−14 000
Unpaid Taxes	91 000	96 000	97 000	43 000
Dividends	0	0	0	0
Other Current Debt	18 000	39 000	36 000	39 000
Total Current Debt	180 000	208 000	366 000	68 000
Total Equity and Debt	628 000	1 008 000	1 114 000	1 073 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−78,57 %	44,13 %	5,49 %	35,72 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−19,54 %	13,67 %	1,81 %	−3,57 %
Current Ratio	2,25	4,25	2,7	13,82
Quick Ratio	8,8	23,24	4,09	−5,5
Equity Ratio	0,71	0,79	0,67	0,94
Gross Profit Margin	4,38 %	28,18 %	19,69 %	26,41 %