LANGVIK LANDBRUK AS

1747 SKJEBERG

Finances

Share Ownership

Return on Equity

52,23 %

Current Ratio

1,27

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020
Revenue	5 262 000	2 252 000	261 000
Net Income	434 000	235 000	102 000
Total Assets	2 825 000	788 000	318 000
Total Equity	831 000	397 000	162 000

Income (NOK)	2022	2021	2020
Revenue	5 262 000	2 252 000	261 000
Expenditure	4 701 000	1 946 000	129 000
Operating Profit	561 000	306 000	133 000
Financial Income	0	0	0
Financial Costs	4 000	3 000	2 000
Financial Balance	−4 000	−3 000	−2 000
Earnings Before Tax	558 000	303 000	131 000
Tax	124 000	68 000	29 000
Net Income	434 000	235 000	102 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	317 000	245 000	46 000
Total Current Assets	2 508 000	543 000	272 000
Total Assets	2 825 000	788 000	318 000
Total Retained Equity	771 000	337 000	102 000
Total Equity	831 000	397 000	162 000
Total Long-Term Debt	14 000	7 000	4 000
Total Current Debt	1 980 000	383 000	152 000
Total Equity and Debt	2 825 000	788 000	318 000

Cash flow (NOK)	2022	2021	2020
Sales Income	5 262 000	2 252 000	261 000
Other Income	0	0	0
Revenue	5 262 000	2 252 000	261 000
Cost of Goods Sold	1 987 000	569 000	16 000
Salary Costs	666 000	192 000	0
Depreciation	33 000	11 000	1 000
Impairment	0	0	0
Expenditure	4 701 000	1 946 000	129 000
Operating Profit	561 000	306 000	133 000
Financial Income	0	0	0
Financial Costs	4 000	3 000	2 000
Financial Balance	−4 000	−3 000	−2 000
Dividends	0	0	0
Net Income	434 000	235 000	102 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	190 000	95 000	46 000
Fixtures	21 000	26 000	0
Total Tangible Assets	211 000	121 000	46 000
Total Fiancial Fixed Assets	106 000	124 000	0
Total Fixed Assets	317 000	245 000	46 000
Stock	16 000	11 000	0
Total Investments	0	0	0
Cash, Bank	19 000	110 000	0
Total Current Assets	2 508 000	543 000	272 000
Total Assets	2 825 000	788 000	318 000
Total Equity	831 000	397 000	162 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	14 000	7 000	4 000
Creditors	1 282 000	231 000	78 000
Unpaid Taxes	110 000	70 000	21 000
Dividends	0	0	0
Other Current Debt	401 000	17 000	4 000
Total Current Debt	1 980 000	383 000	152 000
Total Equity and Debt	2 825 000	788 000	318 000

Financial indicators	2022	2021	2020
Return on Equity	52,23 %	59,19 %	62,96 %
Debt-to-Equity Ratio	0,02	0,02	0,02
Operating Profit Margin	10,66 %	13,59 %	50,96 %
Current Ratio	1,27	1,42	1,79
Quick Ratio	1,28	1,46	1,79
Equity Ratio	0,29	0,5	0,51
Gross Profit Margin	62,24 %	74,73 %	93,87 %