LANGESGATE 7 A AS

3044 DRAMMEN

Finances

Share Ownership

Return on Equity

8,63 %

Current Ratio

17,46

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	535 000	511 000	461 000	461 000
Net Income	273 000	236 000	233 000	274 000
Total Assets	3 370 000	3 084 000	2 913 000	2 757 000
Total Equity	3 162 000	2 889 000	2 653 000	2 420 000

Income (NOK)	2022	2021	2020	2019
Revenue	535 000	511 000	461 000	461 000
Expenditure	197 000	212 000	167 000	144 000
Operating Profit	338 000	299 000	294 000	317 000
Financial Income	12 000	4 000	8 000	10 000
Financial Costs	0	0	3 000	6 000
Financial Balance	12 000	4 000	5 000	4 000
Earnings Before Tax	350 000	303 000	299 000	322 000
Tax	77 000	67 000	66 000	47 000
Net Income	273 000	236 000	233 000	274 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 152 000	1 174 000	1 197 000	1 222 000
Total Current Assets	2 218 000	1 910 000	1 716 000	1 535 000
Total Assets	3 370 000	3 084 000	2 913 000	2 757 000
Total Retained Equity	1 349 000	1 076 000	840 000	607 000
Total Equity	3 162 000	2 889 000	2 653 000	2 420 000
Total Long-Term Debt	81 000	108 000	153 000	251 000
Total Current Debt	127 000	87 000	107 000	86 000
Total Equity and Debt	3 370 000	3 084 000	2 913 000	2 757 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	535 000	511 000	461 000	461 000
Revenue	535 000	511 000	461 000	461 000
Cost of Goods Sold	0	0	0	0
Salary Costs	38 000	0	0	0
Depreciation	22 000	23 000	25 000	27 000
Impairment	0	0	0	0
Expenditure	197 000	212 000	167 000	144 000
Operating Profit	338 000	299 000	294 000	317 000
Financial Income	12 000	4 000	8 000	10 000
Financial Costs	0	0	3 000	6 000
Financial Balance	12 000	4 000	5 000	4 000
Dividends	0	0	0	0
Net Income	273 000	236 000	233 000	274 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 152 000	1 174 000	1 197 000	1 222 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 152 000	1 174 000	1 197 000	1 222 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 152 000	1 174 000	1 197 000	1 222 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 133 000	1 857 000	1 653 000	1 483 000
Total Current Assets	2 218 000	1 910 000	1 716 000	1 535 000
Total Assets	3 370 000	3 084 000	2 913 000	2 757 000
Total Equity	3 162 000	2 889 000	2 653 000	2 420 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	81 000	108 000	153 000	251 000
Creditors	8 000	0	7 000	0
Unpaid Taxes	38 000	20 000	21 000	22 000
Dividends	0	0	0	0
Other Current Debt	3 000	0	14 000	17 000
Total Current Debt	127 000	87 000	107 000	86 000
Total Equity and Debt	3 370 000	3 084 000	2 913 000	2 757 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,63 %	8,17 %	8,78 %	11,32 %
Debt-to-Equity Ratio	0,03	0,04	0,06	0,1
Operating Profit Margin	63,18 %	58,51 %	63,77 %	68,76 %
Current Ratio	17,46	21,95	16,04	17,85
Quick Ratio	17,46	21,95	16,04	17,85
Equity Ratio	0,94	0,94	0,91	0,88
Gross Profit Margin	100 %	100 %	100 %	100 %