LANDE BRØNNBORING AS

3961 STATHELLE

Finances

Share Ownership

Return on Equity

22,66 %

Current Ratio

0,66

Debt-to-Equity Ratio

−0,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 998 000	4 107 000	3 655 000	3 116 000
Net Income	−203 000	125 000	341 000	−810 000
Total Assets	1 446 000	816 000	1 275 000	1 072 000
Total Equity	−896 000	−693 000	−818 000	−1 159 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 998 000	4 107 000	3 655 000	3 116 000
Expenditure	4 166 000	3 865 000	3 228 000	3 844 000
Operating Profit	−168 000	243 000	426 000	−727 000
Financial Income	0	0	0	0
Financial Costs	35 000	118 000	85 000	82 000
Financial Balance	−35 000	−118 000	−85 000	−82 000
Earnings Before Tax	−203 000	125 000	341 000	−810 000
Tax	0	0	0	0
Net Income	−203 000	125 000	341 000	−810 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	212 000	489 000	616 000	631 000
Total Current Assets	1 234 000	326 000	658 000	441 000
Total Assets	1 446 000	816 000	1 275 000	1 072 000
Total Retained Equity	−1 406 000	−1 203 000	−1 328 000	−1 669 000
Total Equity	−896 000	−693 000	−818 000	−1 159 000
Total Long-Term Debt	475 000	560 000	939 000	932 000
Total Current Debt	1 867 000	948 000	1 154 000	1 299 000
Total Equity and Debt	1 446 000	816 000	1 275 000	1 072 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 641 000	4 107 000	3 655 000	3 116 000
Other Income	1 356 000	0	0	0
Revenue	3 998 000	4 107 000	3 655 000	3 116 000
Cost of Goods Sold	1 202 000	1 162 000	732 000	841 000
Salary Costs	1 614 000	1 553 000	1 332 000	1 589 000
Depreciation	234 000	266 000	290 000	437 000
Impairment	0	0	0	0
Expenditure	4 166 000	3 865 000	3 228 000	3 844 000
Operating Profit	−168 000	243 000	426 000	−727 000
Financial Income	0	0	0	0
Financial Costs	35 000	118 000	85 000	82 000
Financial Balance	−35 000	−118 000	−85 000	−82 000
Dividends	0	0	0	0
Net Income	−203 000	125 000	341 000	−810 000

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	105 000	0	0	0
Fixtures	107 000	489 000	616 000	631 000
Total Tangible Assets	212 000	489 000	616 000	631 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	212 000	489 000	616 000	631 000
Stock	187 000	176 000	148 000	98 000
Total Investments	0	0	0	0
Cash, Bank	42 000	24 000	136 000	21 000
Total Current Assets	1 234 000	326 000	658 000	441 000
Total Assets	1 446 000	816 000	1 275 000	1 072 000
Total Equity	−896 000	−693 000	−818 000	−1 159 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	475 000	560 000	939 000	932 000
Creditors	391 000	42 000	150 000	277 000
Unpaid Taxes	638 000	711 000	854 000	720 000
Dividends	0	0	0	0
Other Current Debt	838 000	196 000	149 000	154 000
Total Current Debt	1 867 000	948 000	1 154 000	1 299 000
Total Equity and Debt	1 446 000	816 000	1 275 000	1 072 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,66 %	−18,04 %	−41,69 %	69,89 %
Debt-to-Equity Ratio	−0,53	−0,81	−1,15	−0,8
Operating Profit Margin	−4,2 %	5,92 %	11,66 %	−23,33 %
Current Ratio	0,66	0,34	0,57	0,34
Quick Ratio	0,73	0,42	0,65	0,37
Equity Ratio	−0,62	−0,85	−0,64	−1,08
Gross Profit Margin	69,93 %	71,71 %	79,97 %	73,01 %