LANDØYVEIEN 5A AS

1363 HØVIK

Finances

Share Ownership

Return on Equity

5,29 %

Current Ratio

1,5

Debt-to-Equity Ratio

4,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	281 000	163 000	275 000	590 000
Net Income	135 000	63 000	179 000	419 000
Total Assets	40 684 000	37 681 000	35 575 000	30 340 000
Total Equity	2 550 000	2 415 000	2 352 000	2 173 000

Income (NOK)	2022	2021	2020	2019
Revenue	281 000	163 000	275 000	590 000
Expenditure	72 000	82 000	45 000	53 000
Operating Profit	209 000	81 000	231 000	537 000
Financial Income	0	0	0	0
Financial Costs	36 000	0	1 000	0
Financial Balance	−36 000	0	−1 000	0
Earnings Before Tax	173 000	81 000	229 000	538 000
Tax	38 000	18 000	50 000	118 000
Net Income	135 000	63 000	179 000	419 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	40 684 000	37 681 000	35 575 000	30 340 000
Total Assets	40 684 000	37 681 000	35 575 000	30 340 000
Total Retained Equity	986 000	851 000	788 000	609 000
Total Equity	2 550 000	2 415 000	2 352 000	2 173 000
Total Long-Term Debt	11 081 000	8 572 000	32 978 000	27 724 000
Total Current Debt	27 053 000	26 693 000	245 000	443 000
Total Equity and Debt	40 684 000	37 681 000	35 575 000	30 340 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	281 000	163 000	275 000	590 000
Revenue	281 000	163 000	275 000	590 000
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	72 000	82 000	45 000	53 000
Operating Profit	209 000	81 000	231 000	537 000
Financial Income	0	0	0	0
Financial Costs	36 000	0	1 000	0
Financial Balance	−36 000	0	−1 000	0
Dividends	0	0	0	0
Net Income	135 000	63 000	179 000	419 000

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	0	0	0
Total Fixed Assets	0	0	0	0
Stock	40 663 000	37 575 000	35 321 000	29 919 000
Total Investments	0	0	0	0
Cash, Bank	21 000	86 000	235 000	417 000
Total Current Assets	40 684 000	37 681 000	35 575 000	30 340 000
Total Assets	40 684 000	37 681 000	35 575 000	30 340 000
Total Equity	2 550 000	2 415 000	2 352 000	2 173 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 081 000	8 572 000	32 978 000	27 724 000
Creditors	480 000	229 000	53 000	11 000
Unpaid Taxes	8 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	291 000	190 000	192 000	432 000
Total Current Debt	27 053 000	26 693 000	245 000	443 000
Total Equity and Debt	40 684 000	37 681 000	35 575 000	30 340 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,29 %	2,61 %	7,61 %	19,28 %
Debt-to-Equity Ratio	4,35	3,55	14,02	12,76
Operating Profit Margin	74,38 %	49,69 %	84 %	91,02 %
Current Ratio	1,5	1,41	145,2	68,49
Quick Ratio	−2,99	−3,46	−1,01	−1,03
Equity Ratio	0,06	0,06	0,07	0,07
Gross Profit Margin	100 %	100 %	100 %	100 %