LANGGATA 64 AS

4014 STAVANGER

Finances

Share Ownership

Return on Equity

1,35 %

Current Ratio

3,14

Debt-to-Equity Ratio

1,89

Key figures (NOK)	2022	2021	2020
Revenue	1 090 000	1 048 000	715 000
Net Income	91 000	83 000	160 000
Total Assets	19 853 000	19 745 000	19 555 000
Total Equity	6 763 000	6 673 000	6 590 000

Income (NOK)	2022	2021	2020
Revenue	1 090 000	1 048 000	715 000
Expenditure	461 000	595 000	253 000
Operating Profit	629 000	454 000	462 000
Financial Income	9 000	1 000	0
Financial Costs	521 000	348 000	257 000
Financial Balance	−512 000	−347 000	−257 000
Earnings Before Tax	116 000	106 000	205 000
Tax	26 000	23 000	45 000
Net Income	91 000	83 000	160 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	18 946 000	18 948 000	18 962 000
Total Current Assets	907 000	797 000	593 000
Total Assets	19 853 000	19 745 000	19 555 000
Total Retained Equity	333 000	243 000	0
Total Equity	6 763 000	6 673 000	6 590 000
Total Long-Term Debt	12 800 000	12 800 000	12 801 000
Total Current Debt	289 000	273 000	164 000
Total Equity and Debt	19 853 000	19 745 000	19 555 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 090 000	1 048 000	715 000
Other Income	0	0	0
Revenue	1 090 000	1 048 000	715 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	3 000	191 000	1 000
Impairment	0	0	0
Expenditure	461 000	595 000	253 000
Operating Profit	629 000	454 000	462 000
Financial Income	9 000	1 000	0
Financial Costs	521 000	348 000	257 000
Financial Balance	−512 000	−347 000	−257 000
Dividends	0	0	0
Net Income	91 000	83 000	160 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	39 000	39 000	0
Real Eastate	18 897 000	18 897 000	18 946 000
Machinery and Plant Facilities	0	0	0
Fixtures	9 000	12 000	15 000
Total Tangible Assets	18 906 000	18 910 000	18 962 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	18 946 000	18 948 000	18 962 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	750 000	758 000	564 000
Total Current Assets	907 000	797 000	593 000
Total Assets	19 853 000	19 745 000	19 555 000
Total Equity	6 763 000	6 673 000	6 590 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	12 800 000	12 800 000	12 801 000
Creditors	73 000	82 000	35 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	190 000	128 000	85 000
Total Current Debt	289 000	273 000	164 000
Total Equity and Debt	19 853 000	19 745 000	19 555 000

Financial indicators	2022	2021	2020
Return on Equity	1,35 %	1,24 %	2,43 %
Debt-to-Equity Ratio	1,89	1,92	1,94
Operating Profit Margin	57,71 %	43,32 %	64,62 %
Current Ratio	3,14	2,92	3,62
Quick Ratio	3,14	2,92	3,62
Equity Ratio	0,34	0,34	0,34
Gross Profit Margin	100 %	100 %	100 %