LANGØRGEN AS

7224 MELHUS

Finances

Return on Equity

17,23 %

Current Ratio

1,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	958 000	767 000	571 000	526 000
Net Income	183 000	251 000	195 000	0
Total Assets	1 385 000	1 157 000	699 000	528 000
Total Equity	1 062 000	880 000	629 000	434 000

Income (NOK)	2022	2021	2020	2019
Revenue	958 000	767 000	571 000	526 000
Expenditure	1 063 000	780 000	578 000	529 000
Operating Profit	−105 000	−14 000	−8 000	−3 000
Financial Income	268 000	265 000	201 000	3 000
Financial Costs	0	0	0	0
Financial Balance	268 000	265 000	201 000	3 000
Earnings Before Tax	163 000	251 000	193 000	0
Tax	−19 000	0	−2 000	0
Net Income	183 000	251 000	195 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	952 000	617 000	757 000	32 000
Total Current Assets	434 000	540 000	−58 000	496 000
Total Assets	1 385 000	1 157 000	699 000	528 000
Total Retained Equity	1 047 000	865 000	614 000	419 000
Total Equity	1 062 000	880 000	629 000	434 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	323 000	278 000	70 000	94 000
Total Equity and Debt	1 385 000	1 157 000	699 000	528 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	679 000	650 000	430 000	259 000
Other Income	279 000	116 000	141 000	268 000
Revenue	958 000	767 000	571 000	526 000
Cost of Goods Sold	459 000	289 000	134 000	52 000
Salary Costs	191 000	135 000	171 000	288 000
Depreciation	205 000	163 000	40 000	6 000
Impairment	0	0	0	0
Expenditure	1 063 000	780 000	578 000	529 000
Operating Profit	−105 000	−14 000	−8 000	−3 000
Financial Income	268 000	265 000	201 000	3 000
Financial Costs	0	0	0	0
Financial Balance	268 000	265 000	201 000	3 000
Dividends	0	0	0	0
Net Income	183 000	251 000	195 000	0

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	21 000	2 000	2 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	63 000	91 000	95 000	0
Fixtures	853 000	509 000	645 000	17 000
Total Tangible Assets	916 000	600 000	740 000	17 000
Total Fiancial Fixed Assets	15 000	15 000	15 000	15 000
Total Fixed Assets	952 000	617 000	757 000	32 000
Stock	10 000	7 000	0	0
Total Investments	0	0	0	0
Cash, Bank	178 000	449 000	196 000	514 000
Total Current Assets	434 000	540 000	−58 000	496 000
Total Assets	1 385 000	1 157 000	699 000	528 000
Total Equity	1 062 000	880 000	629 000	434 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	47 000	−12 000	−8 000
Unpaid Taxes	50 000	11 000	50 000	60 000
Dividends	0	0	0	0
Other Current Debt	273 000	219 000	32 000	42 000
Total Current Debt	323 000	278 000	70 000	94 000
Total Equity and Debt	1 385 000	1 157 000	699 000	528 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,23 %	28,52 %	31 %	0 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−10,96 %	−1,83 %	−1,4 %	−0,57 %
Current Ratio	1,34	1,94	−0,83	5,28
Quick Ratio	1,39	1,99	−0,83	5,28
Equity Ratio	0,77	0,76	0,9	0,82
Gross Profit Margin	52,09 %	62,32 %	76,53 %	90,11 %