LONHAUGEN AS

5239 RÅDAL

Finances

Return on Equity

15,51 %

Current Ratio

2,19

Debt-to-Equity Ratio

1,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	834 000	771 000	734 000	709 000
Net Income	232 000	135 000	359 000	290 000
Total Assets	3 416 000	3 200 000	3 269 000	3 055 000
Total Equity	1 496 000	1 264 000	3 129 000	2 771 000

Income (NOK)	2022	2021	2020	2019
Revenue	834 000	771 000	734 000	709 000
Expenditure	482 000	567 000	275 000	338 000
Operating Profit	353 000	203 000	460 000	372 000
Financial Income	1 000	0	0	0
Financial Costs	57 000	30 000	0	0
Financial Balance	−56 000	−30 000	0	0
Earnings Before Tax	297 000	173 000	460 000	372 000
Tax	65 000	38 000	101 000	82 000
Net Income	232 000	135 000	359 000	290 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 155 000	3 067 000	2 943 000	2 939 000
Total Current Assets	261 000	133 000	327 000	116 000
Total Assets	3 416 000	3 200 000	3 269 000	3 055 000
Total Retained Equity	1 336 000	1 104 000	2 929 000	2 571 000
Total Equity	1 496 000	1 264 000	3 129 000	2 771 000
Total Long-Term Debt	1 802 000	1 900 000	0	0
Total Current Debt	119 000	36 000	140 000	284 000
Total Equity and Debt	3 416 000	3 200 000	3 269 000	3 055 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	834 000	771 000	734 000	709 000
Revenue	834 000	771 000	734 000	709 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	47 000	25 000	21 000	9 000
Impairment	0	0	0	0
Expenditure	482 000	567 000	275 000	338 000
Operating Profit	353 000	203 000	460 000	372 000
Financial Income	1 000	0	0	0
Financial Costs	57 000	30 000	0	0
Financial Balance	−56 000	−30 000	0	0
Dividends	0	0	0	200 000
Net Income	232 000	135 000	359 000	290 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	3 000	0
Real Eastate	2 922 000	2 922 000	2 922 000	2 922 000
Machinery and Plant Facilities	187 000	102 000	0	17 000
Fixtures	46 000	43 000	18 000	0
Total Tangible Assets	3 155 000	3 067 000	2 940 000	2 939 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 155 000	3 067 000	2 943 000	2 939 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	260 000	132 000	327 000	114 000
Total Current Assets	261 000	133 000	327 000	116 000
Total Assets	3 416 000	3 200 000	3 269 000	3 055 000
Total Equity	1 496 000	1 264 000	3 129 000	2 771 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 802 000	1 900 000	0	0
Creditors	28 000	0	36 000	2 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	200 000
Other Current Debt	27 000	0	0	0
Total Current Debt	119 000	36 000	140 000	284 000
Total Equity and Debt	3 416 000	3 200 000	3 269 000	3 055 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,51 %	10,68 %	11,47 %	10,47 %
Debt-to-Equity Ratio	1,2	1,5	0	0
Operating Profit Margin	42,33 %	26,33 %	62,67 %	52,47 %
Current Ratio	2,19	3,69	2,34	0,41
Quick Ratio	2,19	3,69	2,34	0,41
Equity Ratio	0,44	0,4	0,96	0,91
Gross Profit Margin	100 %	100 %	100 %	100 %