LANGGATEN AS

5527 HAUGESUND

Finances

Share Ownership

Return on Equity

61,83 %

Current Ratio

2,17

Debt-to-Equity Ratio

−1,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	538 000	422 000	402 000	384 000
Net Income	−1 432 000	313 000	−1 349 000	−626 000
Total Assets	1 052 000	854 000	517 000	573 000
Total Equity	−2 316 000	−884 000	−1 197 000	152 000

Income (NOK)	2022	2021	2020	2019
Revenue	538 000	422 000	402 000	384 000
Expenditure	1 888 000	71 000	1 704 000	1 000 000
Operating Profit	−1 350 000	351 000	−1 303 000	−616 000
Financial Income	0	0	0	0
Financial Costs	82 000	38 000	46 000	10 000
Financial Balance	−82 000	−38 000	−46 000	−10 000
Earnings Before Tax	−1 432 000	313 000	−1 349 000	−672 000
Tax	0	0	0	0
Net Income	−1 432 000	313 000	−1 349 000	−626 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	441 000	441 000	441 000	441 000
Total Current Assets	611 000	413 000	76 000	132 000
Total Assets	1 052 000	854 000	517 000	573 000
Total Retained Equity	−2 428 000	0	−1 309 000	40 000
Total Equity	−2 316 000	−884 000	−1 197 000	152 000
Total Long-Term Debt	3 086 000	1 644 000	1 699 000	262 000
Total Current Debt	282 000	95 000	15 000	159 000
Total Equity and Debt	1 052 000	854 000	517 000	573 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	18 000	0
Other Income	538 000	422 000	384 000	338 000
Revenue	538 000	422 000	402 000	384 000
Cost of Goods Sold	0	0	0	0
Salary Costs	8 000	0	8 000	8 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 888 000	71 000	1 704 000	1 000 000
Operating Profit	−1 350 000	351 000	−1 303 000	−616 000
Financial Income	0	0	0	0
Financial Costs	82 000	38 000	46 000	10 000
Financial Balance	−82 000	−38 000	−46 000	−10 000
Dividends	0	0	0	0
Net Income	−1 432 000	313 000	−1 349 000	−626 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	441 000	441 000	441 000	441 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	441 000	441 000	441 000	441 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	441 000	441 000	441 000	441 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	611 000	320 000	76 000	64 000
Total Current Assets	611 000	413 000	76 000	132 000
Total Assets	1 052 000	854 000	517 000	573 000
Total Equity	−2 316 000	−884 000	−1 197 000	152 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 086 000	1 644 000	1 699 000	262 000
Creditors	276 000	92 000	12 000	155 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	6 000	3 000	3 000	4 000
Total Current Debt	282 000	95 000	15 000	159 000
Total Equity and Debt	1 052 000	854 000	517 000	573 000

Financial indicators	2022	2021	2020	2019
Return on Equity	61,83 %	−35,41 %	112,7 %	−411,84 %
Debt-to-Equity Ratio	−1,33	−1,86	−1,42	1,72
Operating Profit Margin	−250,93 %	83,18 %	−324,13 %	−160,42 %
Current Ratio	2,17	4,35	5,07	0,83
Quick Ratio	2,17	4,35	5,07	0,83
Equity Ratio	−2,2	−1,04	−2,32	0,27
Gross Profit Margin	100 %	100 %	100 %	100 %