LANGØRGEN HOLDING AS

7072 HEIMDAL

Finances

Return on Equity

−1,31 %

Current Ratio

0,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 463 000	1 869 000	2 013 000	1 672 000
Net Income	−93 000	5 040 000	−1 000	−637 000
Total Assets	21 847 000	27 561 000	22 629 000	26 779 000
Total Equity	7 094 000	7 187 000	2 147 000	2 147 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 463 000	1 869 000	2 013 000	1 672 000
Expenditure	1 649 000	2 149 000	2 376 000	2 003 000
Operating Profit	−186 000	−280 000	−364 000	−332 000
Financial Income	536 000	5 946 000	1 005 000	200 000
Financial Costs	412 000	595 000	642 000	699 000
Financial Balance	124 000	5 351 000	363 000	−499 000
Earnings Before Tax	−61 000	5 072 000	−1 000	−830 000
Tax	32 000	32 000	0	−194 000
Net Income	−93 000	5 040 000	−1 000	−637 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 204 000	21 236 000	21 277 000	26 390 000
Total Current Assets	643 000	6 325 000	1 352 000	389 000
Total Assets	21 847 000	27 561 000	22 629 000	26 779 000
Total Retained Equity	5 722 000	5 815 000	775 000	776 000
Total Equity	7 094 000	7 187 000	2 147 000	2 147 000
Total Long-Term Debt	0	19 413 000	19 600 000	23 869 000
Total Current Debt	14 754 000	961 000	882 000	763 000
Total Equity and Debt	21 847 000	27 561 000	22 629 000	26 779 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 460 000	1 869 000	2 013 000	1 672 000
Other Income	2 000	0	0	0
Revenue	1 463 000	1 869 000	2 013 000	1 672 000
Cost of Goods Sold	9 000	0	0	0
Salary Costs	883 000	1 460 000	1 921 000	1 693 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 649 000	2 149 000	2 376 000	2 003 000
Operating Profit	−186 000	−280 000	−364 000	−332 000
Financial Income	536 000	5 946 000	1 005 000	200 000
Financial Costs	412 000	595 000	642 000	699 000
Financial Balance	124 000	5 351 000	363 000	−499 000
Dividends	0	0	0	0
Net Income	−93 000	5 040 000	−1 000	−637 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	130 000	162 000	194 000	194 000
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	21 074 000	21 074 000	21 083 000	26 196 000
Total Fixed Assets	21 204 000	21 236 000	21 277 000	26 390 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	92 000	237 000	83 000	65 000
Total Current Assets	643 000	6 325 000	1 352 000	389 000
Total Assets	21 847 000	27 561 000	22 629 000	26 779 000
Total Equity	7 094 000	7 187 000	2 147 000	2 147 000
Short-Term Group Debt	14 257 000	0	0	0
Total Long-Term Debt	0	19 413 000	19 600 000	23 869 000
Creditors	260 000	393 000	376 000	178 000
Unpaid Taxes	84 000	153 000	298 000	462 000
Dividends	0	0	0	0
Other Current Debt	153 000	415 000	208 000	123 000
Total Current Debt	14 754 000	961 000	882 000	763 000
Total Equity and Debt	21 847 000	27 561 000	22 629 000	26 779 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,31 %	70,13 %	−0,05 %	−29,67 %
Debt-to-Equity Ratio	0	2,7	9,13	11,12
Operating Profit Margin	−12,71 %	−14,98 %	−18,08 %	−19,86 %
Current Ratio	0,04	6,58	1,53	0,51
Quick Ratio	0,04	6,58	1,53	0,51
Equity Ratio	0,32	0,26	0,09	0,08
Gross Profit Margin	99,38 %	100 %	100 %	100 %