LANGFLÅTVEIEN 31-33 AS

4017 STAVANGER

Finances

Share Ownership

Return on Equity

2,26 %

Current Ratio

7,14

Debt-to-Equity Ratio

3,52

Key figures (NOK)	2022	2021	2020
Revenue	7 346 000	5 291 000	2 964 000
Net Income	476 000	−610 000	870 000
Total Assets	96 347 000	90 420 000	79 814 000
Total Equity	21 069 000	20 593 000	21 203 000

Income (NOK)	2022	2021	2020
Revenue	7 346 000	5 291 000	2 964 000
Expenditure	3 920 000	5 137 000	1 254 000
Operating Profit	3 427 000	155 000	1 710 000
Financial Income	2 000	0	16 000
Financial Costs	1 972 000	937 000	459 000
Financial Balance	−1 970 000	−937 000	−443 000
Earnings Before Tax	1 456 000	−782 000	1 267 000
Tax	981 000	−172 000	397 000
Net Income	476 000	−610 000	870 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	88 139 000	85 298 000	76 764 000
Total Current Assets	8 207 000	5 122 000	3 050 000
Total Assets	96 347 000	90 420 000	79 814 000
Total Retained Equity	1 069 000	593 000	1 203 000
Total Equity	21 069 000	20 593 000	21 203 000
Total Long-Term Debt	74 129 000	65 090 000	57 016 000
Total Current Debt	1 150 000	4 738 000	1 595 000
Total Equity and Debt	96 347 000	90 420 000	79 814 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	7 346 000	5 291 000	2 964 000
Revenue	7 346 000	5 291 000	2 964 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	3 202 000	2 423 000	874 000
Impairment	0	0	0
Expenditure	3 920 000	5 137 000	1 254 000
Operating Profit	3 427 000	155 000	1 710 000
Financial Income	2 000	0	16 000
Financial Costs	1 972 000	937 000	459 000
Financial Balance	−1 970 000	−937 000	−443 000
Dividends	0	0	0
Net Income	476 000	−610 000	870 000

Balance details (NOK)	2022	2021	2020
Goodwill	8 041 000	9 114 000	10 186 000
Total Intangible Assets	8 041 000	9 114 000	10 186 000
Real Eastate	79 912 000	75 983 000	66 442 000
Machinery and Plant Facilities	0	0	0
Fixtures	50 000	65 000	0
Total Tangible Assets	79 962 000	76 049 000	66 442 000
Total Fiancial Fixed Assets	136 000	136 000	136 000
Total Fixed Assets	88 139 000	85 298 000	76 764 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	4 107 000	4 930 000	1 891 000
Total Current Assets	8 207 000	5 122 000	3 050 000
Total Assets	96 347 000	90 420 000	79 814 000
Total Equity	21 069 000	20 593 000	21 203 000
Short-Term Group Debt	0	0	29 000
Total Long-Term Debt	74 129 000	65 090 000	57 016 000
Creditors	101 000	3 320 000	470 000
Unpaid Taxes	0	139 000	60 000
Dividends	0	0	0
Other Current Debt	53 000	1 013 000	57 000
Total Current Debt	1 150 000	4 738 000	1 595 000
Total Equity and Debt	96 347 000	90 420 000	79 814 000

Financial indicators	2022	2021	2020
Return on Equity	2,26 %	−2,96 %	4,1 %
Debt-to-Equity Ratio	3,52	3,16	2,69
Operating Profit Margin	46,65 %	2,93 %	57,69 %
Current Ratio	7,14	1,08	1,91
Quick Ratio	7,14	1,08	1,91
Equity Ratio	0,22	0,23	0,27
Gross Profit Margin	100 %	100 %	100 %