LANGFJORD HANDEL AS

9545 LANGFJORDBOTN

Finances

Share Ownership

Return on Equity

11,1 %

Current Ratio

1,65

Debt-to-Equity Ratio

0,91

Key figures (NOK)	2022	2021	2020
Revenue	5 075 000	3 395 000	600 000
Net Income	111 000	121 000	474 000
Total Assets	2 352 000	1 859 000	794 000
Total Equity	1 000 000	889 000	768 000

Income (NOK)	2022	2021	2020
Revenue	5 075 000	3 395 000	600 000
Expenditure	4 915 000	3 235 000	120 000
Operating Profit	161 000	161 000	479 000
Financial Income	0	0	0
Financial Costs	50 000	40 000	6 000
Financial Balance	−50 000	−40 000	−6 000
Earnings Before Tax	111 000	121 000	474 000
Tax	0	0	0
Net Income	111 000	121 000	474 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 621 000	1 376 000	789 000
Total Current Assets	731 000	483 000	5 000
Total Assets	2 352 000	1 859 000	794 000
Total Retained Equity	705 000	594 000	474 000
Total Equity	1 000 000	889 000	768 000
Total Long-Term Debt	910 000	750 000	43 000
Total Current Debt	442 000	220 000	−17 000
Total Equity and Debt	2 352 000	1 859 000	794 000

Cash flow (NOK)	2022	2021	2020
Sales Income	4 704 000	2 967 000	0
Other Income	371 000	428 000	600 000
Revenue	5 075 000	3 395 000	600 000
Cost of Goods Sold	3 787 000	2 468 000	0
Salary Costs	797 000	270 000	0
Depreciation	67 000	45 000	11 000
Impairment	0	0	0
Expenditure	4 915 000	3 235 000	120 000
Operating Profit	161 000	161 000	479 000
Financial Income	0	0	0
Financial Costs	50 000	40 000	6 000
Financial Balance	−50 000	−40 000	−6 000
Dividends	0	0	0
Net Income	111 000	121 000	474 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	60 000	60 000	0
Real Eastate	1 296 000	1 116 000	789 000
Machinery and Plant Facilities	0	0	0
Fixtures	250 000	201 000	0
Total Tangible Assets	1 546 000	1 316 000	789 000
Total Fiancial Fixed Assets	15 000	0	0
Total Fixed Assets	1 621 000	1 376 000	789 000
Stock	498 000	389 000	0
Total Investments	0	0	0
Cash, Bank	91 000	25 000	5 000
Total Current Assets	731 000	483 000	5 000
Total Assets	2 352 000	1 859 000	794 000
Total Equity	1 000 000	889 000	768 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	910 000	750 000	43 000
Creditors	293 000	154 000	0
Unpaid Taxes	23 000	15 000	−17 000
Dividends	0	0	0
Other Current Debt	125 000	50 000	0
Total Current Debt	442 000	220 000	−17 000
Total Equity and Debt	2 352 000	1 859 000	794 000

Financial indicators	2022	2021	2020
Return on Equity	11,1 %	13,61 %	61,72 %
Debt-to-Equity Ratio	0,91	0,84	0,06
Operating Profit Margin	3,17 %	4,74 %	79,83 %
Current Ratio	1,65	2,2	−0,29
Quick Ratio	−13,05	−2,86	−0,29
Equity Ratio	0,43	0,48	0,97
Gross Profit Margin	25,38 %	27,3 %	100 %