LANGÅSEN BORETTSLAG

1607 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

986,67 %

Current Ratio

14,17

Debt-to-Equity Ratio

376,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 540 000	1 463 000	1 421 000	1 412 000
Net Income	296 000	221 000	252 000	260 000
Total Assets	11 372 000	11 245 000	11 205 000	11 199 000
Total Equity	30 000	−267 000	−488 000	−740 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 540 000	1 463 000	1 421 000	1 412 000
Expenditure	1 015 000	971 000	894 000	872 000
Operating Profit	525 000	492 000	528 000	540 000
Financial Income	3 000	1 000	1 000	1 000
Financial Costs	231 000	271 000	277 000	282 000
Financial Balance	−228 000	−270 000	−276 000	−281 000
Earnings Before Tax	296 000	221 000	252 000	260 000
Tax	0	0	0	0
Net Income	296 000	221 000	252 000	260 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 636 000	10 638 000	10 648 000	10 658 000
Total Current Assets	737 000	608 000	557 000	541 000
Total Assets	11 372 000	11 245 000	11 205 000	11 199 000
Total Retained Equity	27 000	−270 000	−491 000	−742 000
Total Equity	30 000	−267 000	−488 000	−740 000
Total Long-Term Debt	11 291 000	11 468 000	11 627 000	11 781 000
Total Current Debt	52 000	44 000	66 000	158 000
Total Equity and Debt	11 372 000	11 245 000	11 205 000	11 199 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 540 000	1 463 000	1 421 000	1 412 000
Revenue	1 540 000	1 463 000	1 421 000	1 412 000
Cost of Goods Sold	0	0	0	0
Salary Costs	67 000	56 000	67 000	58 000
Depreciation	10 000	10 000	10 000	10 000
Impairment	0	0	0	0
Expenditure	1 015 000	971 000	894 000	872 000
Operating Profit	525 000	492 000	528 000	540 000
Financial Income	3 000	1 000	1 000	1 000
Financial Costs	231 000	271 000	277 000	282 000
Financial Balance	−228 000	−270 000	−276 000	−281 000
Dividends	0	0	0	0
Net Income	296 000	221 000	252 000	260 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 178 000	10 178 000	10 178 000	10 178 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	450 000	460 000	470 000	480 000
Total Tangible Assets	10 628 000	10 638 000	10 648 000	10 658 000
Total Fiancial Fixed Assets	8 000	0	0	0
Total Fixed Assets	10 636 000	10 638 000	10 648 000	10 658 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	657 000	601 000	557 000	416 000
Total Current Assets	737 000	608 000	557 000	541 000
Total Assets	11 372 000	11 245 000	11 205 000	11 199 000
Total Equity	30 000	−267 000	−488 000	−740 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 291 000	11 468 000	11 627 000	11 781 000
Creditors	9 000	4 000	26 000	120 000
Unpaid Taxes	1 000	2 000	2 000	1 000
Dividends	0	0	0	0
Other Current Debt	3 000	2 000	2 000	1 000
Total Current Debt	52 000	44 000	66 000	158 000
Total Equity and Debt	11 372 000	11 245 000	11 205 000	11 199 000

Financial indicators	2022	2021	2020	2019
Return on Equity	986,67 %	−82,77 %	−51,64 %	−35,14 %
Debt-to-Equity Ratio	376,37	−42,95	−23,83	−15,92
Operating Profit Margin	34,09 %	33,63 %	37,16 %	38,24 %
Current Ratio	14,17	13,82	8,44	3,42
Quick Ratio	14,17	13,82	8,44	3,42
Equity Ratio	0	−0,02	−0,04	−0,07
Gross Profit Margin	100 %	100 %	100 %	100 %