LAGMANNSHØGDA BORETTSLAG

3717 SKIEN

Finances

Share Ownership

Return on Equity

4,34 %

Current Ratio

12,76

Debt-to-Equity Ratio

0,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 443 000	2 365 000	2 317 000	2 252 000
Net Income	776 000	653 000	624 000	473 000
Total Assets	32 875 000	32 580 000	32 471 000	32 373 000
Total Equity	17 869 000	17 093 000	16 440 000	15 815 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 443 000	2 365 000	2 317 000	2 252 000
Expenditure	1 572 000	1 342 000	1 224 000	1 278 000
Operating Profit	871 000	730 000	731 000	631 000
Financial Income	32 000	6 000	11 000	27 000
Financial Costs	127 000	84 000	117 000	185 000
Financial Balance	−95 000	−78 000	−106 000	−158 000
Earnings Before Tax	772 000	946 000	988 000	816 000
Tax	0	0	0	0
Net Income	776 000	653 000	624 000	473 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 502 000	30 466 000	30 474 000	30 438 000
Total Current Assets	2 373 000	2 114 000	1 997 000	1 935 000
Total Assets	32 875 000	32 580 000	32 471 000	32 373 000
Total Retained Equity	17 869 000	17 093 000	16 440 000	15 815 000
Total Equity	17 869 000	17 093 000	16 440 000	15 815 000
Total Long-Term Debt	14 720 000	15 272 000	15 833 000	16 349 000
Total Current Debt	186 000	215 000	198 000	209 000
Total Equity and Debt	32 875 000	32 580 000	32 471 000	32 373 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 439 000	2 365 000	2 317 000	2 252 000
Revenue	2 443 000	2 365 000	2 317 000	2 252 000
Cost of Goods Sold	0	0	0	0
Salary Costs	106 000	115 000	127 000	145 000
Depreciation	10 000	4 000	1 000	0
Impairment	0	0	0	0
Expenditure	1 572 000	1 342 000	1 224 000	1 278 000
Operating Profit	871 000	730 000	731 000	631 000
Financial Income	32 000	6 000	11 000	27 000
Financial Costs	127 000	84 000	117 000	185 000
Financial Balance	−95 000	−78 000	−106 000	−158 000
Dividends	0	0	0	0
Net Income	776 000	653 000	624 000	473 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	30 459 000	30 466 000	30 438 000	30 438 000
Machinery and Plant Facilities	43 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	30 502 000	30 466 000	30 438 000	30 438 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	30 502 000	30 466 000	30 474 000	30 438 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 084 000	1 894 000	1 748 000	1 771 000
Total Current Assets	2 373 000	2 114 000	1 997 000	1 935 000
Total Assets	32 875 000	32 580 000	32 471 000	32 373 000
Total Equity	17 869 000	17 093 000	16 440 000	15 815 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 720 000	15 272 000	15 833 000	16 349 000
Creditors	171 000	208 000	188 000	196 000
Unpaid Taxes	4 000	3 000	5 000	6 000
Dividends	0	0	0	0
Other Current Debt	11 000	4 000	6 000	7 000
Total Current Debt	186 000	215 000	198 000	209 000
Total Equity and Debt	32 875 000	32 580 000	32 471 000	32 373 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,34 %	3,82 %	3,8 %	2,99 %
Debt-to-Equity Ratio	0,82	0,89	0,96	1,03
Operating Profit Margin	35,65 %	30,87 %	31,55 %	28,02 %
Current Ratio	12,76	9,83	10,09	9,26
Quick Ratio	12,76	9,83	10,09	9,26
Equity Ratio	0,54	0,52	0,51	0,49
Gross Profit Margin	100 %	100 %	100 %	100 %