LANGFLÅTVEIEN 29 AS

4005 STAVANGER

Finances

Share Ownership

Return on Equity

−31,79 %

Current Ratio

2,69

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 489 000	6 346 000	6 020 000	6 239 000
Net Income	−2 940 000	3 984 000	3 931 000	3 873 000
Total Assets	13 209 000	16 164 000	22 219 000	17 007 000
Total Equity	9 249 000	9 329 000	9 410 000	9 506 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 489 000	6 346 000	6 020 000	6 239 000
Expenditure	9 378 000	1 200 000	961 000	1 329 000
Operating Profit	−3 888 000	5 146 000	5 059 000	4 910 000
Financial Income	126 000	15 000	47 000	130 000
Financial Costs	8 000	53 000	66 000	76 000
Financial Balance	118 000	−38 000	−19 000	54 000
Earnings Before Tax	−3 770 000	5 108 000	5 039 000	4 964 000
Tax	−829 000	1 124 000	1 109 000	1 091 000
Net Income	−2 940 000	3 984 000	3 931 000	3 873 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 195 000	5 314 000	5 349 000	5 461 000
Total Current Assets	8 015 000	10 850 000	16 870 000	11 546 000
Total Assets	13 209 000	16 164 000	22 219 000	17 007 000
Total Retained Equity	5 245 000	8 185 000	8 266 000	8 362 000
Total Equity	9 249 000	9 329 000	9 410 000	9 506 000
Total Long-Term Debt	981 000	1 003 000	1 026 000	1 053 000
Total Current Debt	2 980 000	5 831 000	11 782 000	6 447 000
Total Equity and Debt	13 209 000	16 164 000	22 219 000	17 007 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 489 000	6 346 000	6 020 000	6 239 000
Other Income	0	0	0	0
Revenue	5 489 000	6 346 000	6 020 000	6 239 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	120 000	112 000	112 000	112 000
Impairment	0	0	0	0
Expenditure	9 378 000	1 200 000	961 000	1 329 000
Operating Profit	−3 888 000	5 146 000	5 059 000	4 910 000
Financial Income	126 000	15 000	47 000	130 000
Financial Costs	8 000	53 000	66 000	76 000
Financial Balance	118 000	−38 000	−19 000	54 000
Dividends	0	0	0	0
Net Income	−2 940 000	3 984 000	3 931 000	3 873 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 195 000	5 314 000	5 349 000	5 461 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 195 000	5 314 000	5 349 000	5 461 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 195 000	5 314 000	5 349 000	5 461 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	16 806 000	11 443 000
Total Current Assets	8 015 000	10 850 000	16 870 000	11 546 000
Total Assets	13 209 000	16 164 000	22 219 000	17 007 000
Total Equity	9 249 000	9 329 000	9 410 000	9 506 000
Short-Term Group Debt	0	5 621 000	11 561 000	6 172 000
Total Long-Term Debt	981 000	1 003 000	1 026 000	1 053 000
Creditors	2 948 000	108 000	39 000	146 000
Unpaid Taxes	0	48 000	85 000	70 000
Dividends	0	0	0	0
Other Current Debt	32 000	54 000	98 000	59 000
Total Current Debt	2 980 000	5 831 000	11 782 000	6 447 000
Total Equity and Debt	13 209 000	16 164 000	22 219 000	17 007 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−31,79 %	42,71 %	41,77 %	40,74 %
Debt-to-Equity Ratio	0,11	0,11	0,11	0,11
Operating Profit Margin	−70,83 %	81,09 %	84,04 %	78,7 %
Current Ratio	2,69	1,86	1,43	1,79
Quick Ratio	2,69	1,86	1,43	1,79
Equity Ratio	0,7	0,58	0,42	0,56
Gross Profit Margin	100 %	100 %	100 %	100 %