LANGTHON MARITIME AS

1672 KRÅKERØY

Finances

Share Ownership

Return on Equity

245,7 %

Current Ratio

0,6

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 091 000	2 476 000	1 065 000	171 000
Net Income	−371 000	42 000	283 000	−9 000
Total Assets	1 357 000	697 000	365 000	68 000
Total Equity	−151 000	219 000	198 000	−85 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 091 000	2 476 000	1 065 000	171 000
Expenditure	4 512 000	2 408 000	735 000	194 000
Operating Profit	−421 000	69 000	330 000	−23 000
Financial Income	123 000	15 000	0	14 000
Financial Costs	72 000	29 000	0	0
Financial Balance	51 000	−14 000	0	14 000
Earnings Before Tax	−371 000	55 000	330 000	−9 000
Tax	0	13 000	48 000	0
Net Income	−371 000	42 000	283 000	−9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	454 000	0	20 000	0
Total Current Assets	903 000	697 000	345 000	68 000
Total Assets	1 357 000	697 000	365 000	68 000
Total Retained Equity	−181 000	189 000	168 000	−115 000
Total Equity	−151 000	219 000	198 000	−85 000
Total Long-Term Debt	0	0	−21 000	107 000
Total Current Debt	1 508 000	477 000	188 000	46 000
Total Equity and Debt	1 357 000	697 000	365 000	68 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 091 000	2 450 000	1 065 000	71 000
Other Income	0	26 000	0	100 000
Revenue	4 091 000	2 476 000	1 065 000	171 000
Cost of Goods Sold	2 583 000	790 000	0	0
Salary Costs	1 294 000	1 229 000	641 000	123 000
Depreciation	0	20 000	0	0
Impairment	0	0	0	0
Expenditure	4 512 000	2 408 000	735 000	194 000
Operating Profit	−421 000	69 000	330 000	−23 000
Financial Income	123 000	15 000	0	14 000
Financial Costs	72 000	29 000	0	0
Financial Balance	51 000	−14 000	0	14 000
Dividends	0	0	0	0
Net Income	−371 000	42 000	283 000	−9 000

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	20 000	0
Total Tangible Assets	0	0	20 000	0
Total Fiancial Fixed Assets	454 000	0	0	0
Total Fixed Assets	454 000	0	20 000	0
Stock	0	0	0	0
Total Investments	0	0	15 000	15 000
Cash, Bank	405 000	97 000	269 000	38 000
Total Current Assets	903 000	697 000	345 000	68 000
Total Assets	1 357 000	697 000	365 000	68 000
Total Equity	−151 000	219 000	198 000	−85 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	−21 000	107 000
Creditors	−3 000	270 000	0	4 000
Unpaid Taxes	439 000	84 000	91 000	32 000
Dividends	0	0	0	0
Other Current Debt	92 000	106 000	53 000	10 000
Total Current Debt	1 508 000	477 000	188 000	46 000
Total Equity and Debt	1 357 000	697 000	365 000	68 000

Financial indicators	2022	2021	2020	2019
Return on Equity	245,7 %	19,18 %	142,93 %	10,59 %
Debt-to-Equity Ratio	−0	0	−0,11	−1,26
Operating Profit Margin	−10,29 %	2,79 %	30,99 %	−13,45 %
Current Ratio	0,6	1,46	1,84	1,48
Quick Ratio	0,6	1,46	1,84	1,48
Equity Ratio	−0,11	0,31	0,54	−1,25
Gross Profit Margin	36,86 %	68,09 %	100 %	100 %