LONGITUDE AS

7633 FROSTA

Finances

Return on Equity

13,22 %

Current Ratio

1,82

Debt-to-Equity Ratio

−1,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	99 000	382 000
Net Income	−106 000	1 368 000	−384 000	−581 000
Total Assets	578 000	1 484 000	681 000	1 383 000
Total Equity	−802 000	−696 000	−2 064 000	−1 680 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	99 000	382 000
Expenditure	105 000	53 000	174 000	360 000
Operating Profit	−105 000	−53 000	−76 000	21 000
Financial Income	7 000	1 513 000	123 000	−29 000
Financial Costs	7 000	92 000	432 000	574 000
Financial Balance	0	1 421 000	−309 000	−603 000
Earnings Before Tax	−106 000	1 368 000	−384 000	−581 000
Tax	0	0	0	0
Net Income	−106 000	1 368 000	−384 000	−581 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	350 000	350 000	365 000
Total Current Assets	578 000	1 134 000	331 000	1 018 000
Total Assets	578 000	1 484 000	681 000	1 383 000
Total Retained Equity	−832 000	−726 000	−2 094 000	−1 710 000
Total Equity	−802 000	−696 000	−2 064 000	−1 680 000
Total Long-Term Debt	1 062 000	1 862 000	2 329 000	2 379 000
Total Current Debt	318 000	318 000	416 000	684 000
Total Equity and Debt	578 000	1 484 000	681 000	1 383 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	99 000	382 000
Other Income	0	0	0	0
Revenue	0	0	99 000	382 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	113 000	303 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	105 000	53 000	174 000	360 000
Operating Profit	−105 000	−53 000	−76 000	21 000
Financial Income	7 000	1 513 000	123 000	−29 000
Financial Costs	7 000	92 000	432 000	574 000
Financial Balance	0	1 421 000	−309 000	−603 000
Dividends	0	0	0	0
Net Income	−106 000	1 368 000	−384 000	−581 000

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	0	350 000	350 000	365 000
Total Fixed Assets	0	350 000	350 000	365 000
Stock	0	0	0	0
Total Investments	20 000	110 000	189 000	955 000
Cash, Bank	38 000	459 000	3 000	62 000
Total Current Assets	578 000	1 134 000	331 000	1 018 000
Total Assets	578 000	1 484 000	681 000	1 383 000
Total Equity	−802 000	−696 000	−2 064 000	−1 680 000
Short-Term Group Debt	318 000	318 000	318 000	0
Total Long-Term Debt	1 062 000	1 862 000	2 329 000	2 379 000
Creditors	0	0	0	3 000
Unpaid Taxes	0	0	0	114 000
Dividends	0	0	0	0
Other Current Debt	0	0	98 000	193 000
Total Current Debt	318 000	318 000	416 000	684 000
Total Equity and Debt	578 000	1 484 000	681 000	1 383 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,22 %	−196,55 %	18,6 %	34,58 %
Debt-to-Equity Ratio	−1,32	−2,68	−1,13	−1,42
Operating Profit Margin	-	-	−76,77 %	5,5 %
Current Ratio	1,82	3,57	0,8	1,49
Quick Ratio	1,82	3,57	0,8	1,49
Equity Ratio	−1,39	−0,47	−3,03	−1,21
Gross Profit Margin	-	-	100 %	100 %