LANGSETH EIENDOM AS

3267 LARVIK

Finances

Share Ownership

Return on Equity

14,21 %

Current Ratio

14,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	505 000	482 000	451 000	454 000
Net Income	263 000	345 000	258 000	233 000
Total Assets	1 968 000	1 760 000	1 806 000	1 654 000
Total Equity	1 851 000	1 588 000	1 243 000	1 385 000

Income (NOK)	2022	2021	2020	2019
Revenue	505 000	482 000	451 000	454 000
Expenditure	188 000	51 000	118 000	147 000
Operating Profit	318 000	430 000	334 000	308 000
Financial Income	10 000	2 000	5 000	8 000
Financial Costs	0	0	0	0
Financial Balance	10 000	2 000	5 000	8 000
Earnings Before Tax	328 000	432 000	339 000	316 000
Tax	64 000	87 000	81 000	83 000
Net Income	263 000	345 000	258 000	233 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	265 000	265 000	265 000	334 000
Total Current Assets	1 703 000	1 495 000	1 542 000	1 319 000
Total Assets	1 968 000	1 760 000	1 806 000	1 654 000
Total Retained Equity	1 501 000	1 238 000	893 000	1 035 000
Total Equity	1 851 000	1 588 000	1 243 000	1 385 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	117 000	172 000	564 000	269 000
Total Equity and Debt	1 968 000	1 760 000	1 806 000	1 654 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	505 000	482 000	451 000	454 000
Revenue	505 000	482 000	451 000	454 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	70 000	102 000
Impairment	0	0	0	0
Expenditure	188 000	51 000	118 000	147 000
Operating Profit	318 000	430 000	334 000	308 000
Financial Income	10 000	2 000	5 000	8 000
Financial Costs	0	0	0	0
Financial Balance	10 000	2 000	5 000	8 000
Dividends	0	0	400 000	100 000
Net Income	263 000	345 000	258 000	233 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	65 000	65 000	65 000	65 000
Real Eastate	200 000	200 000	200 000	270 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	200 000	200 000	200 000	270 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	265 000	265 000	265 000	334 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 703 000	1 495 000	1 542 000	1 319 000
Total Current Assets	1 703 000	1 495 000	1 542 000	1 319 000
Total Assets	1 968 000	1 760 000	1 806 000	1 654 000
Total Equity	1 851 000	1 588 000	1 243 000	1 385 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	52 000	85 000	83 000	82 000
Dividends	0	0	400 000	100 000
Other Current Debt	0	0	400 000	104 000
Total Current Debt	117 000	172 000	564 000	269 000
Total Equity and Debt	1 968 000	1 760 000	1 806 000	1 654 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,21 %	21,73 %	20,76 %	16,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	62,97 %	89,21 %	74,06 %	67,84 %
Current Ratio	14,56	8,69	2,73	4,9
Quick Ratio	14,56	8,69	2,73	4,9
Equity Ratio	0,94	0,9	0,69	0,84
Gross Profit Margin	100 %	100 %	100 %	100 %