AL Langnes Borettslag

8622 MO I RANA

Finances

Share Ownership

Return on Equity

33,05 %

Current Ratio

2,79

Debt-to-Equity Ratio

−5,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 860 000	2 723 000	2 637 000	2 561 000
Net Income	−1 181 000	−395 000	740 000	−567 000
Total Assets	17 949 000	19 487 000	12 873 000	12 403 000
Total Equity	−3 573 000	−2 392 000	−1 997 000	−2 737 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 860 000	2 723 000	2 637 000	2 561 000
Expenditure	3 519 000	2 809 000	1 612 000	2 793 000
Operating Profit	−658 000	−87 000	1 025 000	−233 000
Financial Income	20 000	1 000	8 000	11 000
Financial Costs	543 000	309 000	292 000	346 000
Financial Balance	−523 000	−308 000	−284 000	−335 000
Earnings Before Tax	−1 181 000	−395 000	740 000	−567 000
Tax	0	0	0	0
Net Income	−1 181 000	−395 000	740 000	−567 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 801 000	15 769 000	11 249 000	11 271 000
Total Current Assets	1 148 000	3 718 000	1 625 000	1 132 000
Total Assets	17 949 000	19 487 000	12 873 000	12 403 000
Total Retained Equity	3 577 000	2 395 000	2 001 000	2 741 000
Total Equity	−3 573 000	−2 392 000	−1 997 000	−2 737 000
Total Long-Term Debt	21 109 000	21 582 000	14 656 000	15 098 000
Total Current Debt	412 000	297 000	215 000	42 000
Total Equity and Debt	17 949 000	19 487 000	12 873 000	12 403 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 860 000	2 723 000	2 637 000	2 561 000
Revenue	2 860 000	2 723 000	2 637 000	2 561 000
Cost of Goods Sold	0	0	0	0
Salary Costs	87 000	84 000	74 000	82 000
Depreciation	4 000	22 000	22 000	22 000
Impairment	0	0	0	0
Expenditure	3 519 000	2 809 000	1 612 000	2 793 000
Operating Profit	−658 000	−87 000	1 025 000	−233 000
Financial Income	20 000	1 000	8 000	11 000
Financial Costs	543 000	309 000	292 000	346 000
Financial Balance	−523 000	−308 000	−284 000	−335 000
Dividends	0	0	0	0
Net Income	−1 181 000	−395 000	740 000	−567 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	16 035 000	15 000 000	10 457 000	10 457 000
Machinery and Plant Facilities	765 000	765 000	765 000	765 000
Fixtures	0	4 000	26 000	49 000
Total Tangible Assets	16 801 000	15 769 000	11 249 000	11 271 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 801 000	15 769 000	11 249 000	11 271 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	939 000	3 528 000	1 440 000	1 103 000
Total Current Assets	1 148 000	3 718 000	1 625 000	1 132 000
Total Assets	17 949 000	19 487 000	12 873 000	12 403 000
Total Equity	−3 573 000	−2 392 000	−1 997 000	−2 737 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	21 109 000	21 582 000	14 656 000	15 098 000
Creditors	387 000	275 000	208 000	29 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	25 000	22 000	8 000	14 000
Total Current Debt	412 000	297 000	215 000	42 000
Total Equity and Debt	17 949 000	19 487 000	12 873 000	12 403 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,05 %	16,51 %	−37,06 %	20,72 %
Debt-to-Equity Ratio	−5,91	−9,02	−7,34	−5,52
Operating Profit Margin	−23,01 %	−3,2 %	38,87 %	−9,1 %
Current Ratio	2,79	12,52	7,56	26,95
Quick Ratio	2,79	12,52	7,56	26,95
Equity Ratio	−0,2	−0,12	−0,16	−0,22
Gross Profit Margin	100 %	100 %	100 %	100 %