LAND EIENDOMSSERVICE AS

2320 FURNES

Finances

Share Ownership

Return on Equity

21,13 %

Current Ratio

0,24

Debt-to-Equity Ratio

1,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 006 000	1 060 000	1 011 000	1 006 000
Net Income	105 000	206 000	114 000	85 000
Total Assets	1 652 000	1 315 000	390 000	269 000
Total Equity	497 000	393 000	187 000	73 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 006 000	1 060 000	1 011 000	1 006 000
Expenditure	815 000	785 000	864 000	909 000
Operating Profit	191 000	275 000	146 000	97 000
Financial Income	1 000	0	0	0
Financial Costs	46 000	10 000	0	0
Financial Balance	−45 000	−10 000	0	0
Earnings Before Tax	146 000	265 000	146 000	97 000
Tax	41 000	60 000	32 000	12 000
Net Income	105 000	206 000	114 000	85 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 609 000	1 119 000	0	0
Total Current Assets	42 000	196 000	390 000	269 000
Total Assets	1 652 000	1 315 000	390 000	269 000
Total Retained Equity	475 000	371 000	165 000	51 000
Total Equity	497 000	393 000	187 000	73 000
Total Long-Term Debt	981 000	699 000	0	0
Total Current Debt	173 000	224 000	203 000	195 000
Total Equity and Debt	1 652 000	1 315 000	390 000	269 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 006 000	1 060 000	1 011 000	1 006 000
Other Income	0	0	0	0
Revenue	1 006 000	1 060 000	1 011 000	1 006 000
Cost of Goods Sold	10 000	0	6 000	16 000
Salary Costs	613 000	626 000	655 000	710 000
Depreciation	9 000	3 000	0	0
Impairment	0	0	0	0
Expenditure	815 000	785 000	864 000	909 000
Operating Profit	191 000	275 000	146 000	97 000
Financial Income	1 000	0	0	0
Financial Costs	46 000	10 000	0	0
Financial Balance	−45 000	−10 000	0	0
Dividends	0	0	0	0
Net Income	105 000	206 000	114 000	85 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 594 000	1 094 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	16 000	25 000	0	0
Total Tangible Assets	1 609 000	1 119 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 609 000	1 119 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	36 000	112 000	353 000	238 000
Total Current Assets	42 000	196 000	390 000	269 000
Total Assets	1 652 000	1 315 000	390 000	269 000
Total Equity	497 000	393 000	187 000	73 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	981 000	699 000	0	0
Creditors	11 000	26 000	10 000	13 000
Unpaid Taxes	56 000	72 000	99 000	105 000
Dividends	0	0	0	0
Other Current Debt	65 000	67 000	62 000	66 000
Total Current Debt	173 000	224 000	203 000	195 000
Total Equity and Debt	1 652 000	1 315 000	390 000	269 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,13 %	52,42 %	60,96 %	116,44 %
Debt-to-Equity Ratio	1,97	1,78	0	0
Operating Profit Margin	18,99 %	25,94 %	14,44 %	9,64 %
Current Ratio	0,24	0,88	1,92	1,38
Quick Ratio	0,24	0,88	1,92	1,38
Equity Ratio	0,3	0,3	0,48	0,27
Gross Profit Margin	99,01 %	100 %	99,41 %	98,41 %