LANGFJORD BYGDETUN AS

9545 LANGFJORDBOTN

Finances

Share Ownership

Return on Equity

5,88 %

Current Ratio

0,17

Debt-to-Equity Ratio

0,5

Key figures (NOK)	2021	2020	2019	2018
Revenue	55 000	75 000	78 000	90 000
Net Income	9 000	15 000	20 000	19 000
Total Assets	241 000	260 000	327 000	334 000
Total Equity	153 000	144 000	129 000	109 000

Income (NOK)	2021	2020	2019	2018
Revenue	55 000	75 000	78 000	90 000
Expenditure	36 000	40 000	37 000	43 000
Operating Profit	19 000	34 000	42 000	47 000
Financial Income	0	0	0	0
Financial Costs	7 000	15 000	16 000	22 000
Financial Balance	−7 000	−15 000	−16 000	−22 000
Earnings Before Tax	12 000	19 000	26 000	25 000
Tax	3 000	4 000	6 000	6 000
Net Income	9 000	15 000	20 000	19 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	239 000	269 000	300 000	313 000
Total Current Assets	2 000	−9 000	28 000	21 000
Total Assets	241 000	260 000	327 000	334 000
Total Retained Equity	0	144 000	129 000	109 000
Total Equity	153 000	144 000	129 000	109 000
Total Long-Term Debt	76 000	113 000	168 000	210 000
Total Current Debt	12 000	3 000	30 000	16 000
Total Equity and Debt	241 000	260 000	327 000	334 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	55 000	75 000	0	0
Other Income	0	0	78 000	90 000
Revenue	55 000	75 000	78 000	90 000
Cost of Goods Sold	0	32 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	8 000	9 000	9 000
Impairment	8 000	0	0	0
Expenditure	36 000	40 000	37 000	43 000
Operating Profit	19 000	34 000	42 000	47 000
Financial Income	0	0	0	0
Financial Costs	7 000	15 000	16 000	22 000
Financial Balance	−7 000	−15 000	−16 000	−22 000
Dividends	0	0	0	0
Net Income	9 000	15 000	20 000	19 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	5 000
Real Eastate	195 000	203 000	212 000	220 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	195 000	203 000	212 000	220 000
Total Fiancial Fixed Assets	44 000	66 000	88 000	88 000
Total Fixed Assets	239 000	269 000	300 000	313 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 000	14 000	7 000	0
Total Current Assets	2 000	−9 000	28 000	21 000
Total Assets	241 000	260 000	327 000	334 000
Total Equity	153 000	144 000	129 000	109 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	76 000	113 000	168 000	210 000
Creditors	10 000	3 000	6 000	4 000
Unpaid Taxes	4 000	5 000	6 000	−6 000
Dividends	0	0	0	0
Other Current Debt	−10 000	−10 000	18 000	18 000
Total Current Debt	12 000	3 000	30 000	16 000
Total Equity and Debt	241 000	260 000	327 000	334 000

Financial indicators	2021	2020	2019	2018
Return on Equity	5,88 %	10,42 %	15,5 %	17,43 %
Debt-to-Equity Ratio	0,5	0,78	1,3	1,93
Operating Profit Margin	34,55 %	45,33 %	53,85 %	52,22 %
Current Ratio	0,17	−3	0,93	1,31
Quick Ratio	0,17	−3	0,93	1,31
Equity Ratio	0,63	0,55	0,39	0,33
Gross Profit Margin	100 %	57,33 %	100 %	100 %