LANGÅSEN BORETTSLAG

8300 SVOLVÆR

Finances

Share Ownership

Return on Equity

8,89 %

Current Ratio

25,59

Debt-to-Equity Ratio

0,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	659 000	659 000	659 000	659 000
Net Income	193 000	59 000	146 000	7 000
Total Assets	4 143 000	4 148 000	4 098 000	4 079 000
Total Equity	2 172 000	1 979 000	1 920 000	1 773 000

Income (NOK)	2022	2021	2020	2019
Revenue	659 000	659 000	659 000	659 000
Expenditure	464 000	586 000	488 000	633 000
Operating Profit	195 000	71 000	171 000	26 000
Financial Income	18 000	2 000	5 000	14 000
Financial Costs	20 000	14 000	30 000	33 000
Financial Balance	−2 000	−12 000	−25 000	−19 000
Earnings Before Tax	193 000	62 000	146 000	7 000
Tax	0	0	0	0
Net Income	193 000	59 000	146 000	7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 530 000	2 530 000	2 530 000	2 530 000
Total Current Assets	1 612 000	1 618 000	1 567 000	1 549 000
Total Assets	4 143 000	4 148 000	4 098 000	4 079 000
Total Retained Equity	2 171 000	1 977 000	1 918 000	1 772 000
Total Equity	2 172 000	1 979 000	1 920 000	1 773 000
Total Long-Term Debt	1 908 000	2 016 000	2 123 000	2 231 000
Total Current Debt	63 000	153 000	55 000	74 000
Total Equity and Debt	4 143 000	4 148 000	4 098 000	4 079 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	659 000	659 000	659 000	659 000
Revenue	659 000	659 000	659 000	659 000
Cost of Goods Sold	0	0	0	0
Salary Costs	15 000	15 000	7 000	7 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	464 000	586 000	488 000	633 000
Operating Profit	195 000	71 000	171 000	26 000
Financial Income	18 000	2 000	5 000	14 000
Financial Costs	20 000	14 000	30 000	33 000
Financial Balance	−2 000	−12 000	−25 000	−19 000
Dividends	0	0	0	0
Net Income	193 000	59 000	146 000	7 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 530 000	2 530 000	2 530 000	2 530 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 530 000	2 530 000	2 530 000	2 530 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 530 000	2 530 000	2 530 000	2 530 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 554 000	1 562 000	1 512 000	1 505 000
Total Current Assets	1 612 000	1 618 000	1 567 000	1 549 000
Total Assets	4 143 000	4 148 000	4 098 000	4 079 000
Total Equity	2 172 000	1 979 000	1 920 000	1 773 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 908 000	2 016 000	2 123 000	2 231 000
Creditors	59 000	153 000	51 000	70 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 000	0	4 000	4 000
Total Current Debt	63 000	153 000	55 000	74 000
Total Equity and Debt	4 143 000	4 148 000	4 098 000	4 079 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,89 %	2,98 %	7,6 %	0,39 %
Debt-to-Equity Ratio	0,88	1,02	1,11	1,26
Operating Profit Margin	29,59 %	10,77 %	25,95 %	3,95 %
Current Ratio	25,59	10,58	28,49	20,93
Quick Ratio	25,59	10,58	28,49	20,93
Equity Ratio	0,52	0,48	0,47	0,43
Gross Profit Margin	100 %	100 %	100 %	100 %