LANGELAND LAB SERVICE AS

2016 FROGNER

Finances

Share Ownership

Return on Equity

64,19 %

Current Ratio

2,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 728 000	6 882 000	5 492 000	4 380 000
Net Income	2 870 000	2 071 000	2 468 000	1 095 000
Total Assets	6 010 000	7 478 000	5 556 000	2 853 000
Total Equity	4 471 000	1 593 000	4 515 000	2 354 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 728 000	6 882 000	5 492 000	4 380 000
Expenditure	5 052 000	4 233 000	2 338 000	2 975 000
Operating Profit	3 677 000	2 649 000	3 154 000	1 405 000
Financial Income	5 000	5 000	8 000	0
Financial Costs	0	0	0	2 000
Financial Balance	5 000	5 000	8 000	−2 000
Earnings Before Tax	3 681 000	2 655 000	3 161 000	1 403 000
Tax	812 000	584 000	694 000	309 000
Net Income	2 870 000	2 071 000	2 468 000	1 095 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 868 000	2 731 000	145 000	255 000
Total Current Assets	3 142 000	4 747 000	5 410 000	2 599 000
Total Assets	6 010 000	7 478 000	5 556 000	2 853 000
Total Retained Equity	4 441 000	1 563 000	4 485 000	2 324 000
Total Equity	4 471 000	1 593 000	4 515 000	2 354 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 539 000	5 885 000	1 041 000	499 000
Total Equity and Debt	6 010 000	7 478 000	5 556 000	2 853 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 726 000	6 882 000	5 492 000	4 380 000
Other Income	2 000	0	0	0
Revenue	8 728 000	6 882 000	5 492 000	4 380 000
Cost of Goods Sold	2 166 000	1 856 000	852 000	1 155 000
Salary Costs	989 000	839 000	845 000	1 008 000
Depreciation	1 125 000	0	0	0
Impairment	0	0	0	0
Expenditure	5 052 000	4 233 000	2 338 000	2 975 000
Operating Profit	3 677 000	2 649 000	3 154 000	1 405 000
Financial Income	5 000	5 000	8 000	0
Financial Costs	0	0	0	2 000
Financial Balance	5 000	5 000	8 000	−2 000
Dividends	0	5 000 000	0	0
Net Income	2 870 000	2 071 000	2 468 000	1 095 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	76 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	2 731 000	145 000	0
Fixtures	2 766 000	0	0	0
Total Tangible Assets	2 766 000	2 731 000	145 000	0
Total Fiancial Fixed Assets	26 000	0	0	255 000
Total Fixed Assets	2 868 000	2 731 000	145 000	255 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 006 000	4 201 000	5 000 000	2 195 000
Total Current Assets	3 142 000	4 747 000	5 410 000	2 599 000
Total Assets	6 010 000	7 478 000	5 556 000	2 853 000
Total Equity	4 471 000	1 593 000	4 515 000	2 354 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	3 000	3 000	−2 000
Unpaid Taxes	417 000	5 208 000	220 000	92 000
Dividends	0	5 000 000	0	0
Other Current Debt	232 000	90 000	124 000	409 000
Total Current Debt	1 539 000	5 885 000	1 041 000	499 000
Total Equity and Debt	6 010 000	7 478 000	5 556 000	2 853 000

Financial indicators	2022	2021	2020	2019
Return on Equity	64,19 %	130,01 %	54,66 %	46,52 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	42,13 %	38,49 %	57,43 %	32,08 %
Current Ratio	2,04	0,81	5,2	5,21
Quick Ratio	2,04	0,81	5,2	5,21
Equity Ratio	0,74	0,21	0,81	0,83
Gross Profit Margin	75,18 %	73,03 %	84,49 %	73,63 %