LANGSET RØR AS

6530 AVERØY

Finances

Return on Equity

60,53 %

Current Ratio

2,32

Debt-to-Equity Ratio

0,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	42 911 000	33 508 000	25 318 000	25 003 000
Net Income	5 138 000	1 964 000	220 000	937 000
Total Assets	20 146 000	17 801 000	13 908 000	13 460 000
Total Equity	8 488 000	4 252 000	2 288 000	2 068 000

Income (NOK)	2022	2021	2020	2019
Revenue	42 911 000	33 508 000	25 318 000	25 003 000
Expenditure	36 953 000	30 785 000	24 790 000	23 512 000
Operating Profit	5 958 000	2 722 000	529 000	1 490 000
Financial Income	707 000	18 000	23 000	6 000
Financial Costs	265 000	227 000	275 000	295 000
Financial Balance	442 000	−209 000	−252 000	−289 000
Earnings Before Tax	6 399 000	2 514 000	277 000	1 200 000
Tax	1 262 000	549 000	57 000	263 000
Net Income	5 138 000	1 964 000	220 000	937 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 052 000	4 061 000	4 216 000	4 043 000
Total Current Assets	16 094 000	13 739 000	9 692 000	9 417 000
Total Assets	20 146 000	17 801 000	13 908 000	13 460 000
Total Retained Equity	8 083 000	3 847 000	1 883 000	1 663 000
Total Equity	8 488 000	4 252 000	2 288 000	2 068 000
Total Long-Term Debt	4 710 000	5 337 000	5 965 000	5 100 000
Total Current Debt	6 949 000	8 211 000	5 656 000	6 292 000
Total Equity and Debt	20 146 000	17 801 000	13 908 000	13 460 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	42 833 000	33 432 000	25 247 000	24 845 000
Other Income	78 000	76 000	71 000	158 000
Revenue	42 911 000	33 508 000	25 318 000	25 003 000
Cost of Goods Sold	16 732 000	14 554 000	10 425 000	9 856 000
Salary Costs	14 914 000	11 644 000	9 426 000	9 264 000
Depreciation	507 000	424 000	407 000	352 000
Impairment	0	0	0	0
Expenditure	36 953 000	30 785 000	24 790 000	23 512 000
Operating Profit	5 958 000	2 722 000	529 000	1 490 000
Financial Income	707 000	18 000	23 000	6 000
Financial Costs	265 000	227 000	275 000	295 000
Financial Balance	442 000	−209 000	−252 000	−289 000
Dividends	0	0	0	0
Net Income	5 138 000	1 964 000	220 000	937 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	102 000	84 000	90 000	92 000
Real Eastate	2 455 000	2 616 000	2 777 000	2 944 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 428 000	850 000	821 000	512 000
Total Tangible Assets	3 883 000	3 465 000	3 597 000	3 456 000
Total Fiancial Fixed Assets	68 000	512 000	529 000	495 000
Total Fixed Assets	4 052 000	4 061 000	4 216 000	4 043 000
Stock	5 523 000	4 027 000	3 830 000	3 466 000
Total Investments	0	0	0	0
Cash, Bank	1 874 000	4 515 000	2 705 000	2 563 000
Total Current Assets	16 094 000	13 739 000	9 692 000	9 417 000
Total Assets	20 146 000	17 801 000	13 908 000	13 460 000
Total Equity	8 488 000	4 252 000	2 288 000	2 068 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 710 000	5 337 000	5 965 000	5 100 000
Creditors	1 448 000	3 754 000	2 524 000	3 096 000
Unpaid Taxes	2 229 000	2 050 000	1 102 000	1 179 000
Dividends	0	0	0	0
Other Current Debt	1 992 000	1 863 000	1 975 000	1 936 000
Total Current Debt	6 949 000	8 211 000	5 656 000	6 292 000
Total Equity and Debt	20 146 000	17 801 000	13 908 000	13 460 000

Financial indicators	2022	2021	2020	2019
Return on Equity	60,53 %	46,19 %	9,62 %	45,31 %
Debt-to-Equity Ratio	0,55	1,26	2,61	2,47
Operating Profit Margin	13,88 %	8,12 %	2,09 %	5,96 %
Current Ratio	2,32	1,67	1,71	1,5
Quick Ratio	11,29	3,28	5,31	3,33
Equity Ratio	0,42	0,24	0,16	0,15
Gross Profit Margin	61,01 %	56,57 %	58,82 %	60,58 %