LANGSETH INVEST AS

4950 RISØR

Finances

Return on Equity

28,61 %

Current Ratio

1,2

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 600 000	1 150 000	1 050 000	1 000 000
Net Income	1 348 000	837 000	682 000	681 000
Total Assets	6 928 000	6 177 000	6 012 000	6 627 000
Total Equity	4 711 000	3 363 000	2 527 000	1 845 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 600 000	1 150 000	1 050 000	1 000 000
Expenditure	7 000	22 000	82 000	0
Operating Profit	1 593 000	1 128 000	968 000	1 000 000
Financial Income	150 000	0	0	2 000
Financial Costs	55 000	55 000	94 000	128 000
Financial Balance	95 000	−55 000	−94 000	−126 000
Earnings Before Tax	1 687 000	1 073 000	874 000	873 000
Tax	339 000	236 000	192 000	192 000
Net Income	1 348 000	837 000	682 000	681 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 405 000	5 405 000	5 405 000	5 405 000
Total Current Assets	1 523 000	771 000	606 000	1 221 000
Total Assets	6 928 000	6 177 000	6 012 000	6 627 000
Total Retained Equity	4 681 000	3 333 000	2 497 000	1 815 000
Total Equity	4 711 000	3 363 000	2 527 000	1 845 000
Total Long-Term Debt	946 000	1 704 000	2 461 000	3 218 000
Total Current Debt	1 271 000	1 110 000	1 024 000	1 564 000
Total Equity and Debt	6 928 000	6 177 000	6 012 000	6 627 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 600 000	1 150 000	1 050 000	1 000 000
Other Income	0	0	0	0
Revenue	1 600 000	1 150 000	1 050 000	1 000 000
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	7 000	22 000	82 000	0
Operating Profit	1 593 000	1 128 000	968 000	1 000 000
Financial Income	150 000	0	0	2 000
Financial Costs	55 000	55 000	94 000	128 000
Financial Balance	95 000	−55 000	−94 000	−126 000
Dividends	0	0	0	0
Net Income	1 348 000	837 000	682 000	681 000

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	5 405 000	5 405 000	5 405 000	5 405 000
Total Fixed Assets	5 405 000	5 405 000	5 405 000	5 405 000
Stock	0	0	0	0
Total Investments	627 000	0	0	0
Cash, Bank	846 000	771 000	606 000	1 221 000
Total Current Assets	1 523 000	771 000	606 000	1 221 000
Total Assets	6 928 000	6 177 000	6 012 000	6 627 000
Total Equity	4 711 000	3 363 000	2 527 000	1 845 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	946 000	1 704 000	2 461 000	3 218 000
Creditors	0	0	0	0
Unpaid Taxes	200 000	142 000	100 000	125 000
Dividends	0	0	0	0
Other Current Debt	731 000	731 000	731 000	1 246 000
Total Current Debt	1 271 000	1 110 000	1 024 000	1 564 000
Total Equity and Debt	6 928 000	6 177 000	6 012 000	6 627 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,61 %	24,89 %	26,99 %	36,91 %
Debt-to-Equity Ratio	0,2	0,51	0,97	1,74
Operating Profit Margin	99,56 %	98,09 %	92,19 %	100 %
Current Ratio	1,2	0,69	0,59	0,78
Quick Ratio	1,2	0,69	0,59	0,78
Equity Ratio	0,68	0,54	0,42	0,28
Gross Profit Margin	100 %	100 %	100 %	100 %