LANGG 47 AS

4306 SANDNES

Finances

Return on Equity

14,77 %

Current Ratio

28,18

Debt-to-Equity Ratio

−5,09

Key figures (NOK)	2021	2020	2019	2018
Revenue	307 000	146 000	296 000	197 000
Net Income	−122 000	−270 000	−208 000	−213 000
Total Assets	3 465 000	3 479 000	3 544 000	3 770 000
Total Equity	−826 000	−704 000	−434 000	−226 000

Income (NOK)	2021	2020	2019	2018
Revenue	307 000	146 000	296 000	197 000
Expenditure	183 000	236 000	294 000	211 000
Operating Profit	124 000	−90 000	2 000	−14 000
Financial Income	0	0	0	0
Financial Costs	246 000	180 000	210 000	199 000
Financial Balance	−246 000	−180 000	−210 000	−199 000
Earnings Before Tax	−122 000	−270 000	−208 000	−213 000
Tax	0	0	0	0
Net Income	−122 000	−270 000	−208 000	−213 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	1 070 000	1 107 000	1 144 000	1 181 000
Total Current Assets	2 395 000	2 372 000	2 400 000	2 589 000
Total Assets	3 465 000	3 479 000	3 544 000	3 770 000
Total Retained Equity	−976 000	−854 000	−584 000	−376 000
Total Equity	−826 000	−704 000	−434 000	−226 000
Total Long-Term Debt	4 205 000	4 070 000	3 918 000	3 925 000
Total Current Debt	85 000	112 000	59 000	71 000
Total Equity and Debt	3 465 000	3 479 000	3 544 000	3 770 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	0	0	0
Other Income	307 000	146 000	296 000	197 000
Revenue	307 000	146 000	296 000	197 000
Cost of Goods Sold	30 000	37 000	64 000	68 000
Salary Costs	0	0	0	0
Depreciation	37 000	37 000	37 000	37 000
Impairment	0	0	0	0
Expenditure	183 000	236 000	294 000	211 000
Operating Profit	124 000	−90 000	2 000	−14 000
Financial Income	0	0	0	0
Financial Costs	246 000	180 000	210 000	199 000
Financial Balance	−246 000	−180 000	−210 000	−199 000
Dividends	0	0	0	0
Net Income	−122 000	−270 000	−208 000	−213 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 070 000	1 107 000	1 144 000	1 181 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 070 000	1 107 000	1 144 000	1 181 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 070 000	1 107 000	1 144 000	1 181 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	39 000	15 000	9 000	34 000
Total Current Assets	2 395 000	2 372 000	2 400 000	2 589 000
Total Assets	3 465 000	3 479 000	3 544 000	3 770 000
Total Equity	−826 000	−704 000	−434 000	−226 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 205 000	4 070 000	3 918 000	3 925 000
Creditors	2 000	91 000	0	32 000
Unpaid Taxes	62 000	0	32 000	21 000
Dividends	0	0	0	0
Other Current Debt	21 000	21 000	27 000	18 000
Total Current Debt	85 000	112 000	59 000	71 000
Total Equity and Debt	3 465 000	3 479 000	3 544 000	3 770 000

Financial indicators	2021	2020	2019	2018
Return on Equity	14,77 %	38,35 %	47,93 %	94,25 %
Debt-to-Equity Ratio	−5,09	−5,78	−9,03	−17,37
Operating Profit Margin	40,39 %	−61,64 %	0,68 %	−7,11 %
Current Ratio	28,18	21,18	40,68	36,46
Quick Ratio	28,18	21,18	40,68	36,46
Equity Ratio	−0,24	−0,2	−0,12	−0,06
Gross Profit Margin	90,23 %	74,66 %	78,38 %	65,48 %