LANGELANDSVIK BUTIKKDRIFT AS

5570 AKSDAL

Finances

Return on Equity

−19,16 %

Current Ratio

1,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	8 213 000	9 314 000	8 174 000
Net Income	−259 000	91 000	215 000
Total Assets	3 441 000	3 060 000	2 778 000
Total Equity	1 352 000	1 351 000	1 260 000

Income (NOK)	2022	2021	2020
Revenue	8 213 000	9 314 000	8 174 000
Expenditure	8 537 000	9 185 000	7 896 000
Operating Profit	−323 000	129 000	277 000
Financial Income	3 000	0	3 000
Financial Costs	13 000	10 000	16 000
Financial Balance	−10 000	−10 000	−13 000
Earnings Before Tax	−332 000	119 000	264 000
Tax	−74 000	28 000	50 000
Net Income	−259 000	91 000	215 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	80 000	82 000	70 000
Total Current Assets	3 361 000	2 978 000	2 707 000
Total Assets	3 441 000	3 060 000	2 778 000
Total Retained Equity	−167 000	92 000	1 000
Total Equity	1 352 000	1 351 000	1 260 000
Total Long-Term Debt	0	0	0
Total Current Debt	2 088 000	1 709 000	1 518 000
Total Equity and Debt	3 441 000	3 060 000	2 778 000

Cash flow (NOK)	2022	2021	2020
Sales Income	8 213 000	9 314 000	8 174 000
Other Income	0	0	0
Revenue	8 213 000	9 314 000	8 174 000
Cost of Goods Sold	5 118 000	5 895 000	4 838 000
Salary Costs	1 767 000	1 726 000	1 702 000
Depreciation	12 000	48 000	125 000
Impairment	0	0	0
Expenditure	8 537 000	9 185 000	7 896 000
Operating Profit	−323 000	129 000	277 000
Financial Income	3 000	0	3 000
Financial Costs	13 000	10 000	16 000
Financial Balance	−10 000	−10 000	−13 000
Dividends	0	0	0
Net Income	−259 000	91 000	215 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	16 000	16 000	10 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	12 000	60 000
Total Tangible Assets	0	12 000	60 000
Total Fiancial Fixed Assets	63 000	53 000	0
Total Fixed Assets	80 000	82 000	70 000
Stock	1 960 000	1 633 000	1 624 000
Total Investments	0	0	0
Cash, Bank	705 000	817 000	446 000
Total Current Assets	3 361 000	2 978 000	2 707 000
Total Assets	3 441 000	3 060 000	2 778 000
Total Equity	1 352 000	1 351 000	1 260 000
Short-Term Group Debt	199 000	394 000	458 000
Total Long-Term Debt	0	0	0
Creditors	1 485 000	567 000	665 000
Unpaid Taxes	194 000	306 000	152 000
Dividends	0	0	0
Other Current Debt	210 000	265 000	183 000
Total Current Debt	2 088 000	1 709 000	1 518 000
Total Equity and Debt	3 441 000	3 060 000	2 778 000

Financial indicators	2022	2021	2020
Return on Equity	−19,16 %	6,74 %	17,06 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	−3,93 %	1,39 %	3,39 %
Current Ratio	1,61	1,74	1,78
Quick Ratio	26,26	39,18	−25,54
Equity Ratio	0,39	0,44	0,45
Gross Profit Margin	37,68 %	36,71 %	40,81 %