LANGSEID AS

3714 SKIEN

Finances

Return on Equity

62,51 %

Current Ratio

0,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	522 000	109 000	54 000	−2 000
Total Assets	2 315 000	314 000	288 000	234 000
Total Equity	835 000	312 000	203 000	149 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	0	2 000	1 000	1 000
Operating Profit	0	−2 000	−1 000	−1 000
Financial Income	526 000	111 000	56 000	0
Financial Costs	0	0	0	1 000
Financial Balance	526 000	111 000	56 000	−1 000
Earnings Before Tax	526 000	110 000	54 000	−2 000
Tax	3 000	0	0	0
Net Income	522 000	109 000	54 000	−2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 432 000	180 000	180 000	180 000
Total Current Assets	882 000	134 000	108 000	54 000
Total Assets	2 315 000	314 000	288 000	234 000
Total Retained Equity	795 000	273 000	164 000	110 000
Total Equity	835 000	312 000	203 000	149 000
Total Long-Term Debt	0	0	84 000	83 000
Total Current Debt	1 480 000	2 000	1 000	1 000
Total Equity and Debt	2 315 000	314 000	288 000	234 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	0	2 000	1 000	1 000
Operating Profit	0	−2 000	−1 000	−1 000
Financial Income	526 000	111 000	56 000	0
Financial Costs	0	0	0	1 000
Financial Balance	526 000	111 000	56 000	−1 000
Dividends	0	0	0	0
Net Income	522 000	109 000	54 000	−2 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 432 000	180 000	180 000	180 000
Total Fixed Assets	1 432 000	180 000	180 000	180 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	882 000	134 000	52 000	54 000
Total Current Assets	882 000	134 000	108 000	54 000
Total Assets	2 315 000	314 000	288 000	234 000
Total Equity	835 000	312 000	203 000	149 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	84 000	83 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 477 000	1 000	1 000	1 000
Total Current Debt	1 480 000	2 000	1 000	1 000
Total Equity and Debt	2 315 000	314 000	288 000	234 000

Financial indicators	2022	2021	2020	2019
Return on Equity	62,51 %	34,94 %	26,6 %	−1,34 %
Debt-to-Equity Ratio	0	0	0,41	0,56
Operating Profit Margin	-	-	-	-
Current Ratio	0,6	67	108	54
Quick Ratio	0,6	67	108	54
Equity Ratio	0,36	0,99	0,7	0,64
Gross Profit Margin	-	-	-	-