LANGMYRVEGEN 30 AS

3917 PORSGRUNN

Finances

Share Ownership

Return on Equity

−31,05 %

Current Ratio

0,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	165 000	157 000	90 000	237 000
Net Income	−218 000	−202 000	−213 000	−50 000
Total Assets	5 444 000	5 121 000	4 144 000	3 294 000
Total Equity	702 000	920 000	1 122 000	1 335 000

Income (NOK)	2022	2021	2020	2019
Revenue	165 000	157 000	90 000	237 000
Expenditure	279 000	292 000	244 000	236 000
Operating Profit	−114 000	−134 000	−154 000	1 000
Financial Income	3 000	2 000	0	0
Financial Costs	168 000	127 000	119 000	65 000
Financial Balance	−165 000	−125 000	−119 000	−65 000
Earnings Before Tax	−279 000	−259 000	−273 000	−64 000
Tax	−61 000	−57 000	−60 000	−14 000
Net Income	−218 000	−202 000	−213 000	−50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 256 000	4 771 000	4 015 000	3 269 000
Total Current Assets	188 000	350 000	129 000	25 000
Total Assets	5 444 000	5 121 000	4 144 000	3 294 000
Total Retained Equity	552 000	770 000	972 000	1 185 000
Total Equity	702 000	920 000	1 122 000	1 335 000
Total Long-Term Debt	0	2 000	59 000	119 000
Total Current Debt	4 742 000	4 199 000	2 963 000	1 840 000
Total Equity and Debt	5 444 000	5 121 000	4 144 000	3 294 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	3 000	0
Other Income	165 000	157 000	88 000	237 000
Revenue	165 000	157 000	90 000	237 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	26 000	26 000	26 000	25 000
Impairment	0	0	0	0
Expenditure	279 000	292 000	244 000	236 000
Operating Profit	−114 000	−134 000	−154 000	1 000
Financial Income	3 000	2 000	0	0
Financial Costs	168 000	127 000	119 000	65 000
Financial Balance	−165 000	−125 000	−119 000	−65 000
Dividends	0	0	0	0
Net Income	−218 000	−202 000	−213 000	−50 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	59 000	0	0	0
Real Eastate	5 197 000	4 771 000	4 015 000	3 269 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 197 000	4 771 000	4 015 000	3 269 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 256 000	4 771 000	4 015 000	3 269 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	171 000	330 000	79 000	0
Total Current Assets	188 000	350 000	129 000	25 000
Total Assets	5 444 000	5 121 000	4 144 000	3 294 000
Total Equity	702 000	920 000	1 122 000	1 335 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 000	59 000	119 000
Creditors	19 000	21 000	12 000	111 000
Unpaid Taxes	2 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 720 000	4 178 000	2 951 000	1 729 000
Total Current Debt	4 742 000	4 199 000	2 963 000	1 840 000
Total Equity and Debt	5 444 000	5 121 000	4 144 000	3 294 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−31,05 %	−21,96 %	−18,98 %	−3,75 %
Debt-to-Equity Ratio	0	0	0,05	0,09
Operating Profit Margin	−69,09 %	−85,35 %	−171,11 %	0,42 %
Current Ratio	0,04	0,08	0,04	0,01
Quick Ratio	0,04	0,08	0,04	0,01
Equity Ratio	0,13	0,18	0,27	0,41
Gross Profit Margin	100 %	100 %	100 %	100 %