LANGSHOLT GLASS SERVICE AS

1739 BORGENHAUGEN

Finances

Share Ownership

Return on Equity

60,53 %

Current Ratio

1,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	65 328 000	51 395 000	49 347 000	34 601 000
Net Income	4 888 000	4 088 000	1 019 000	2 932 000
Total Assets	22 291 000	18 227 000	15 360 000	16 133 000
Total Equity	8 076 000	3 188 000	4 101 000	3 081 000

Income (NOK)	2022	2021	2020	2019
Revenue	65 328 000	51 395 000	49 347 000	34 601 000
Expenditure	58 932 000	45 862 000	47 524 000	30 644 000
Operating Profit	6 396 000	5 533 000	1 823 000	3 956 000
Financial Income	52 000	47 000	58 000	5 000
Financial Costs	180 000	339 000	572 000	203 000
Financial Balance	−128 000	−292 000	−514 000	−198 000
Earnings Before Tax	6 267 000	5 241 000	1 309 000	3 759 000
Tax	1 379 000	1 153 000	289 000	827 000
Net Income	4 888 000	4 088 000	1 019 000	2 932 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 935 000	2 158 000	2 249 000	300 000
Total Current Assets	20 356 000	16 069 000	13 111 000	15 833 000
Total Assets	22 291 000	18 227 000	15 360 000	16 133 000
Total Retained Equity	7 927 000	3 039 000	3 951 000	2 932 000
Total Equity	8 076 000	3 188 000	4 101 000	3 081 000
Total Long-Term Debt	0	0	53 000	106 000
Total Current Debt	14 215 000	15 038 000	11 206 000	12 945 000
Total Equity and Debt	22 291 000	18 227 000	15 360 000	16 133 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	64 672 000	51 330 000	50 187 000	33 493 000
Other Income	656 000	65 000	−839 000	1 109 000
Revenue	65 328 000	51 395 000	49 347 000	34 601 000
Cost of Goods Sold	41 229 000	32 334 000	34 142 000	19 483 000
Salary Costs	12 526 000	9 279 000	8 861 000	7 946 000
Depreciation	98 000	88 000	50 000	39 000
Impairment	0	0	0	0
Expenditure	58 932 000	45 862 000	47 524 000	30 644 000
Operating Profit	6 396 000	5 533 000	1 823 000	3 956 000
Financial Income	52 000	47 000	58 000	5 000
Financial Costs	180 000	339 000	572 000	203 000
Financial Balance	−128 000	−292 000	−514 000	−198 000
Dividends	0	5 000 000	0	0
Net Income	4 888 000	4 088 000	1 019 000	2 932 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	63 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	341 000	300 000	304 000	76 000
Total Tangible Assets	341 000	300 000	304 000	76 000
Total Fiancial Fixed Assets	1 530 000	1 857 000	1 945 000	224 000
Total Fixed Assets	1 935 000	2 158 000	2 249 000	300 000
Stock	245 000	753 000	210 000	342 000
Total Investments	0	0	0	0
Cash, Bank	4 252 000	6 296 000	3 136 000	5 864 000
Total Current Assets	20 356 000	16 069 000	13 111 000	15 833 000
Total Assets	22 291 000	18 227 000	15 360 000	16 133 000
Total Equity	8 076 000	3 188 000	4 101 000	3 081 000
Short-Term Group Debt	2 028 000	2 219 000	4 182 000	5 875 000
Total Long-Term Debt	0	0	53 000	106 000
Creditors	6 654 000	3 243 000	3 238 000	2 869 000
Unpaid Taxes	2 970 000	2 394 000	2 470 000	1 777 000
Dividends	0	5 000 000	0	0
Other Current Debt	1 121 000	976 000	975 000	1 704 000
Total Current Debt	14 215 000	15 038 000	11 206 000	12 945 000
Total Equity and Debt	22 291 000	18 227 000	15 360 000	16 133 000

Financial indicators	2022	2021	2020	2019
Return on Equity	60,53 %	128,23 %	24,85 %	95,16 %
Debt-to-Equity Ratio	0	0	0,01	0,03
Operating Profit Margin	9,79 %	10,77 %	3,69 %	11,43 %
Current Ratio	1,43	1,07	1,17	1,22
Quick Ratio	1,46	1,12	1,19	1,26
Equity Ratio	0,36	0,17	0,27	0,19
Gross Profit Margin	36,89 %	37,09 %	30,81 %	43,69 %