LANGFJORDTUNET AS

9901 KIRKENES

Finances

Share Ownership

Return on Equity

3,68 %

Current Ratio

1,14

Debt-to-Equity Ratio

21,24

Key figures (NOK)	2022	2021	2020
Revenue	449 000	519 000	212 000
Net Income	5 000	70 000	17 000
Total Assets	3 281 000	2 960 000	377 000
Total Equity	136 000	131 000	61 000

Income (NOK)	2022	2021	2020
Revenue	449 000	519 000	212 000
Expenditure	330 000	397 000	192 000
Operating Profit	118 000	122 000	20 000
Financial Income	0	0	0
Financial Costs	112 000	32 000	0
Financial Balance	−112 000	−32 000	0
Earnings Before Tax	6 000	89 000	20 000
Tax	1 000	20 000	3 000
Net Income	5 000	70 000	17 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	2 987 000	2 887 000	0
Total Current Assets	294 000	73 000	377 000
Total Assets	3 281 000	2 960 000	377 000
Total Retained Equity	86 000	81 000	11 000
Total Equity	136 000	131 000	61 000
Total Long-Term Debt	2 888 000	2 638 000	200 000
Total Current Debt	258 000	192 000	115 000
Total Equity and Debt	3 281 000	2 960 000	377 000

Cash flow (NOK)	2022	2021	2020
Sales Income	449 000	519 000	212 000
Other Income	0	0	0
Revenue	449 000	519 000	212 000
Cost of Goods Sold	6 000	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	330 000	397 000	192 000
Operating Profit	118 000	122 000	20 000
Financial Income	0	0	0
Financial Costs	112 000	32 000	0
Financial Balance	−112 000	−32 000	0
Dividends	0	0	0
Net Income	5 000	70 000	17 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	2 987 000	2 887 000	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	2 987 000	2 887 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	2 987 000	2 887 000	0
Stock	0	0	287 000
Total Investments	0	0	0
Cash, Bank	294 000	73 000	85 000
Total Current Assets	294 000	73 000	377 000
Total Assets	3 281 000	2 960 000	377 000
Total Equity	136 000	131 000	61 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	2 888 000	2 638 000	200 000
Creditors	4 000	164 000	112 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	253 000	8 000	0
Total Current Debt	258 000	192 000	115 000
Total Equity and Debt	3 281 000	2 960 000	377 000

Financial indicators	2022	2021	2020
Return on Equity	3,68 %	53,44 %	27,87 %
Debt-to-Equity Ratio	21,24	20,14	3,28
Operating Profit Margin	26,28 %	23,51 %	9,43 %
Current Ratio	1,14	0,38	3,28
Quick Ratio	1,14	0,38	−2,19
Equity Ratio	0,04	0,04	0,16
Gross Profit Margin	98,66 %	100 %	100 %