LANGENESET IV BORETTSLAG

6800 FØRDE

Finances

Share Ownership

Return on Equity

−7,95 %

Current Ratio

3,34

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	929 000	882 000	885 000	778 000
Net Income	−303 000	−499 000	22 000	51 000
Total Assets	4 678 000	5 151 000	5 402 000	5 392 000
Total Equity	3 810 000	4 113 000	4 613 000	4 591 000

Income (NOK)	2022	2021	2020	2019
Revenue	929 000	882 000	885 000	778 000
Expenditure	1 255 000	1 398 000	886 000	755 000
Operating Profit	−326 000	−517 000	0	23 000
Financial Income	24 000	17 000	22 000	28 000
Financial Costs	1 000	0	0	0
Financial Balance	23 000	17 000	22 000	28 000
Earnings Before Tax	−303 000	−500 000	0	23 000
Tax	0	0	0	0
Net Income	−303 000	−499 000	22 000	51 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 150 000	4 150 000	4 150 000	4 150 000
Total Current Assets	528 000	1 001 000	1 252 000	1 242 000
Total Assets	4 678 000	5 151 000	5 402 000	5 392 000
Total Retained Equity	3 808 000	4 111 000	4 611 000	4 589 000
Total Equity	3 810 000	4 113 000	4 613 000	4 591 000
Total Long-Term Debt	710 000	720 000	730 000	740 000
Total Current Debt	158 000	318 000	59 000	62 000
Total Equity and Debt	4 678 000	5 151 000	5 402 000	5 392 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	886 000	882 000	0	0
Other Income	42 000	0	885 000	778 000
Revenue	929 000	882 000	885 000	778 000
Cost of Goods Sold	0	0	0	0
Salary Costs	33 000	42 000	42 000	45 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 255 000	1 398 000	886 000	755 000
Operating Profit	−326 000	−517 000	0	23 000
Financial Income	24 000	17 000	22 000	28 000
Financial Costs	1 000	0	0	0
Financial Balance	23 000	17 000	22 000	28 000
Dividends	0	0	0	0
Net Income	−303 000	−499 000	22 000	51 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 150 000	4 150 000	4 150 000	4 150 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 150 000	4 150 000	4 150 000	4 150 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 150 000	4 150 000	4 150 000	4 150 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	362 000	861 000	1 229 000	1 123 000
Total Current Assets	528 000	1 001 000	1 252 000	1 242 000
Total Assets	4 678 000	5 151 000	5 402 000	5 392 000
Total Equity	3 810 000	4 113 000	4 613 000	4 591 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	710 000	720 000	730 000	740 000
Creditors	102 000	275 000	0	0
Unpaid Taxes	18 000	4 000	21 000	23 000
Dividends	0	0	0	0
Other Current Debt	38 000	39 000	38 000	39 000
Total Current Debt	158 000	318 000	59 000	62 000
Total Equity and Debt	4 678 000	5 151 000	5 402 000	5 392 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,95 %	−12,13 %	0,48 %	1,11 %
Debt-to-Equity Ratio	0,19	0,18	0,16	0,16
Operating Profit Margin	−35,09 %	−58,62 %	0 %	2,96 %
Current Ratio	3,34	3,15	21,22	20,03
Quick Ratio	3,34	3,15	21,22	20,03
Equity Ratio	0,81	0,8	0,85	0,85
Gross Profit Margin	100 %	100 %	100 %	100 %