JM LANGAAS DRIFT AS

8384 SUND I LOFOTEN

Finances

Share Ownership

Return on Equity

16,24 %

Current Ratio

8,69

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	68 183 000	39 858 000	47 123 000	49 734 000
Net Income	10 276 000	3 759 000	3 654 000	5 468 000
Total Assets	80 636 000	71 287 000	73 712 000	74 998 000
Total Equity	63 287 000	54 098 000	51 760 000	49 731 000

Income (NOK)	2022	2021	2020	2019
Revenue	68 183 000	39 858 000	47 123 000	49 734 000
Expenditure	61 096 000	37 583 000	43 483 000	45 109 000
Operating Profit	12 391 000	3 887 000	5 248 000	7 228 000
Financial Income	2 105 000	2 685 000	3 272 000	2 265 000
Financial Costs	1 446 000	1 394 000	3 894 000	2 851 000
Financial Balance	659 000	1 291 000	−622 000	−586 000
Earnings Before Tax	13 050 000	5 178 000	4 625 000	6 643 000
Tax	2 774 000	1 419 000	971 000	1 175 000
Net Income	10 276 000	3 759 000	3 654 000	5 468 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 073 000	18 814 000	19 011 000	19 443 000
Total Current Assets	57 563 000	52 473 000	54 700 000	55 555 000
Total Assets	80 636 000	71 287 000	73 712 000	74 998 000
Total Retained Equity	61 271 000	52 083 000	49 744 000	47 715 000
Total Equity	63 287 000	54 098 000	51 760 000	49 731 000
Total Long-Term Debt	10 728 000	12 873 000	17 151 000	18 351 000
Total Current Debt	6 621 000	4 316 000	4 801 000	6 917 000
Total Equity and Debt	80 636 000	71 287 000	73 712 000	74 998 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	68 066 000	39 732 000	46 837 000	49 378 000
Other Income	117 000	126 000	286 000	357 000
Revenue	68 183 000	39 858 000	47 123 000	49 734 000
Cost of Goods Sold	49 822 000	28 132 000	34 837 000	36 470 000
Salary Costs	5 011 000	3 919 000	3 755 000	3 687 000
Depreciation	1 467 000	1 375 000	1 280 000	1 239 000
Impairment	0	0	0	0
Expenditure	61 096 000	37 583 000	43 483 000	45 109 000
Operating Profit	12 391 000	3 887 000	5 248 000	7 228 000
Financial Income	2 105 000	2 685 000	3 272 000	2 265 000
Financial Costs	1 446 000	1 394 000	3 894 000	2 851 000
Financial Balance	659 000	1 291 000	−622 000	−586 000
Dividends	0	0	0	0
Net Income	10 276 000	3 759 000	3 654 000	5 468 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 616 000	7 840 000	8 102 000	8 014 000
Machinery and Plant Facilities	7 925 000	8 179 000	8 437 000	8 696 000
Fixtures	3 097 000	2 360 000	2 038 000	2 141 000
Total Tangible Assets	22 638 000	18 379 000	18 577 000	18 852 000
Total Fiancial Fixed Assets	435 000	435 000	435 000	591 000
Total Fixed Assets	23 073 000	18 814 000	19 011 000	19 443 000
Stock	22 278 000	16 943 000	15 316 000	15 385 000
Total Investments	0	0	0	0
Cash, Bank	25 161 000	22 457 000	25 306 000	25 208 000
Total Current Assets	57 563 000	52 473 000	54 700 000	55 555 000
Total Assets	80 636 000	71 287 000	73 712 000	74 998 000
Total Equity	63 287 000	54 098 000	51 760 000	49 731 000
Short-Term Group Debt	1 394 000	1 821 000	2 083 000	2 324 000
Total Long-Term Debt	10 728 000	12 873 000	17 151 000	18 351 000
Creditors	1 451 000	711 000	625 000	2 155 000
Unpaid Taxes	411 000	116 000	790 000	896 000
Dividends	0	0	0	0
Other Current Debt	898 000	880 000	789 000	878 000
Total Current Debt	6 621 000	4 316 000	4 801 000	6 917 000
Total Equity and Debt	80 636 000	71 287 000	73 712 000	74 998 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,24 %	6,95 %	7,06 %	11 %
Debt-to-Equity Ratio	0,17	0,24	0,33	0,37
Operating Profit Margin	18,17 %	9,75 %	11,14 %	14,53 %
Current Ratio	8,69	12,16	11,39	8,03
Quick Ratio	−3,68	−4,16	−5,2	−6,56
Equity Ratio	0,78	0,76	0,7	0,66
Gross Profit Margin	26,93 %	29,42 %	26,07 %	26,67 %