T LANGØ AS

7059 JAKOBSLI

Finances

Share Ownership

Return on Equity

65,61 %

Current Ratio

0,19

Debt-to-Equity Ratio

6,1

Key figures (NOK)	2022	2021	2020
Revenue	929 000	920 000	453 000
Net Income	269 000	497 000	232 000
Total Assets	3 886 000	4 588 000	4 353 000
Total Equity	410 000	751 000	1 554 000

Income (NOK)	2022	2021	2020
Revenue	929 000	920 000	453 000
Expenditure	522 000	282 000	155 000
Operating Profit	407 000	637 000	298 000
Financial Income	5 000	2 000	0
Financial Costs	68 000	2 000	3 000
Financial Balance	−63 000	0	−3 000
Earnings Before Tax	345 000	637 000	295 000
Tax	76 000	140 000	63 000
Net Income	269 000	497 000	232 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	3 698 000	3 698 000	3 698 000
Total Current Assets	188 000	890 000	655 000
Total Assets	3 886 000	4 588 000	4 353 000
Total Retained Equity	190 000	531 000	1 334 000
Total Equity	410 000	751 000	1 554 000
Total Long-Term Debt	2 500 000	145 000	290 000
Total Current Debt	976 000	3 692 000	2 509 000
Total Equity and Debt	3 886 000	4 588 000	4 353 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	929 000	920 000	453 000
Revenue	929 000	920 000	453 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	522 000	282 000	155 000
Operating Profit	407 000	637 000	298 000
Financial Income	5 000	2 000	0
Financial Costs	68 000	2 000	3 000
Financial Balance	−63 000	0	−3 000
Dividends	400 000	0	0
Net Income	269 000	497 000	232 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	3 698 000	3 698 000	3 698 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	3 698 000	3 698 000	3 698 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	3 698 000	3 698 000	3 698 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	154 000	306 000	50 000
Total Current Assets	188 000	890 000	655 000
Total Assets	3 886 000	4 588 000	4 353 000
Total Equity	410 000	751 000	1 554 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	2 500 000	145 000	290 000
Creditors	50 000	48 000	53 000
Unpaid Taxes	0	0	0
Dividends	400 000	0	0
Other Current Debt	450 000	3 503 000	2 392 000
Total Current Debt	976 000	3 692 000	2 509 000
Total Equity and Debt	3 886 000	4 588 000	4 353 000

Financial indicators	2022	2021	2020
Return on Equity	65,61 %	66,18 %	14,93 %
Debt-to-Equity Ratio	6,1	0,19	0,19
Operating Profit Margin	43,81 %	69,24 %	65,78 %
Current Ratio	0,19	0,24	0,26
Quick Ratio	0,19	0,24	0,26
Equity Ratio	0,11	0,16	0,36
Gross Profit Margin	100 %	100 %	100 %