M LANGLEITE AS

2150 ÅRNES

Finances

Share Ownership

Return on Equity

9,5 %

Current Ratio

3,28

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 424 000	23 354 000	21 154 000	19 489 000
Net Income	1 110 000	1 717 000	1 594 000	627 000
Total Assets	15 215 000	14 989 000	13 750 000	11 737 000
Total Equity	11 681 000	10 571 000	9 354 000	8 260 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 424 000	23 354 000	21 154 000	19 489 000
Expenditure	21 080 000	21 202 000	19 143 000	18 719 000
Operating Profit	1 343 000	2 151 000	2 012 000	770 000
Financial Income	100 000	59 000	55 000	45 000
Financial Costs	20 000	9 000	23 000	11 000
Financial Balance	80 000	50 000	32 000	34 000
Earnings Before Tax	1 423 000	2 202 000	2 044 000	804 000
Tax	313 000	484 000	450 000	177 000
Net Income	1 110 000	1 717 000	1 594 000	627 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 914 000	4 285 000	3 875 000	4 265 000
Total Current Assets	11 301 000	10 705 000	9 876 000	7 472 000
Total Assets	15 215 000	14 989 000	13 750 000	11 737 000
Total Retained Equity	11 581 000	10 471 000	9 254 000	8 160 000
Total Equity	11 681 000	10 571 000	9 354 000	8 260 000
Total Long-Term Debt	84 000	99 000	91 000	129 000
Total Current Debt	3 450 000	4 320 000	4 306 000	3 348 000
Total Equity and Debt	15 215 000	14 989 000	13 750 000	11 737 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 409 000	23 334 000	21 154 000	19 489 000
Other Income	15 000	20 000	0	0
Revenue	22 424 000	23 354 000	21 154 000	19 489 000
Cost of Goods Sold	13 912 000	14 569 000	13 021 000	12 447 000
Salary Costs	4 711 000	4 139 000	4 077 000	4 310 000
Depreciation	396 000	355 000	433 000	430 000
Impairment	0	0	0	0
Expenditure	21 080 000	21 202 000	19 143 000	18 719 000
Operating Profit	1 343 000	2 151 000	2 012 000	770 000
Financial Income	100 000	59 000	55 000	45 000
Financial Costs	20 000	9 000	23 000	11 000
Financial Balance	80 000	50 000	32 000	34 000
Dividends	0	500 000	500 000	500 000
Net Income	1 110 000	1 717 000	1 594 000	627 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 115 000	3 250 000	3 385 000	3 520 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	799 000	1 035 000	490 000	745 000
Total Tangible Assets	3 914 000	4 285 000	3 875 000	4 265 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 914 000	4 285 000	3 875 000	4 265 000
Stock	4 878 000	4 637 000	4 551 000	4 711 000
Total Investments	0	0	0	0
Cash, Bank	6 034 000	5 803 000	5 071 000	2 598 000
Total Current Assets	11 301 000	10 705 000	9 876 000	7 472 000
Total Assets	15 215 000	14 989 000	13 750 000	11 737 000
Total Equity	11 681 000	10 571 000	9 354 000	8 260 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	84 000	99 000	91 000	129 000
Creditors	740 000	1 098 000	708 000	509 000
Unpaid Taxes	1 165 000	878 000	930 000	919 000
Dividends	0	500 000	500 000	500 000
Other Current Debt	1 217 000	1 367 000	1 680 000	1 213 000
Total Current Debt	3 450 000	4 320 000	4 306 000	3 348 000
Total Equity and Debt	15 215 000	14 989 000	13 750 000	11 737 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,5 %	16,24 %	17,04 %	7,59 %
Debt-to-Equity Ratio	0,01	0,01	0,01	0,02
Operating Profit Margin	5,99 %	9,21 %	9,51 %	3,95 %
Current Ratio	3,28	2,48	2,29	2,23
Quick Ratio	−7,91	−33,77	−40,31	−5,48
Equity Ratio	0,77	0,71	0,68	0,7
Gross Profit Margin	37,96 %	37,62 %	38,45 %	36,13 %