LANGVAS AS

6018 ÅLESUND

Finances

Return on Equity

−93,42 %

Current Ratio

0,84

Debt-to-Equity Ratio

−2,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	69 893 000	65 926 000	75 032 000	59 049 000
Net Income	1 008 000	751 000	6 589 000	−761 000
Total Assets	34 673 000	31 061 000	30 646 000	23 724 000
Total Equity	−1 079 000	−2 086 000	−2 837 000	−9 426 000

Income (NOK)	2022	2021	2020	2019
Revenue	69 893 000	65 926 000	75 032 000	59 049 000
Expenditure	67 610 000	64 224 000	68 687 000	58 880 000
Operating Profit	2 284 000	1 703 000	6 345 000	170 000
Financial Income	43 000	64 000	30 000	71 000
Financial Costs	1 035 000	890 000	772 000	1 002 000
Financial Balance	−992 000	−826 000	−742 000	−931 000
Earnings Before Tax	1 292 000	878 000	5 603 000	−761 000
Tax	284 000	127 000	−986 000	0
Net Income	1 008 000	751 000	6 589 000	−761 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 445 000	6 842 000	7 345 000	6 561 000
Total Current Assets	27 228 000	24 219 000	23 301 000	17 164 000
Total Assets	34 673 000	31 061 000	30 646 000	23 724 000
Total Retained Equity	−15 172 000	−16 179 000	−16 930 000	−23 519 000
Total Equity	−1 079 000	−2 086 000	−2 837 000	−9 426 000
Total Long-Term Debt	3 200 000	3 966 000	5 464 000	6 012 000
Total Current Debt	32 552 000	29 182 000	28 020 000	27 138 000
Total Equity and Debt	34 673 000	31 061 000	30 646 000	23 724 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	69 893 000	65 495 000	75 032 000	59 049 000
Other Income	0	431 000	0	0
Revenue	69 893 000	65 926 000	75 032 000	59 049 000
Cost of Goods Sold	30 147 000	29 081 000	31 918 000	22 512 000
Salary Costs	27 602 000	26 572 000	27 644 000	25 558 000
Depreciation	300 000	371 000	373 000	372 000
Impairment	0	0	38 000	0
Expenditure	67 610 000	64 224 000	68 687 000	58 880 000
Operating Profit	2 284 000	1 703 000	6 345 000	170 000
Financial Income	43 000	64 000	30 000	71 000
Financial Costs	1 035 000	890 000	772 000	1 002 000
Financial Balance	−992 000	−826 000	−742 000	−931 000
Dividends	0	0	0	0
Net Income	1 008 000	751 000	6 589 000	−761 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 574 000	5 858 000	5 986 000	5 000 000
Real Eastate	201 000	159 000	249 000	338 000
Machinery and Plant Facilities	193 000	245 000	409 000	522 000
Fixtures	523 000	489 000	611 000	596 000
Total Tangible Assets	917 000	894 000	1 269 000	1 456 000
Total Fiancial Fixed Assets	954 000	90 000	90 000	105 000
Total Fixed Assets	7 445 000	6 842 000	7 345 000	6 561 000
Stock	6 346 000	4 914 000	3 650 000	3 566 000
Total Investments	0	0	0	0
Cash, Bank	1 000	2 000	2 000	947 000
Total Current Assets	27 228 000	24 219 000	23 301 000	17 164 000
Total Assets	34 673 000	31 061 000	30 646 000	23 724 000
Total Equity	−1 079 000	−2 086 000	−2 837 000	−9 426 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 200 000	3 966 000	5 464 000	6 012 000
Creditors	11 176 000	9 551 000	8 357 000	8 325 000
Unpaid Taxes	6 234 000	6 212 000	5 250 000	5 355 000
Dividends	0	0	0	0
Other Current Debt	8 340 000	7 478 000	7 471 000	7 578 000
Total Current Debt	32 552 000	29 182 000	28 020 000	27 138 000
Total Equity and Debt	34 673 000	31 061 000	30 646 000	23 724 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−93,42 %	−36 %	−232,25 %	8,07 %
Debt-to-Equity Ratio	−2,97	−1,9	−1,93	−0,64
Operating Profit Margin	3,27 %	2,58 %	8,46 %	0,29 %
Current Ratio	0,84	0,83	0,83	0,63
Quick Ratio	1,04	1	0,96	0,73
Equity Ratio	−0,03	−0,07	−0,09	−0,4
Gross Profit Margin	56,87 %	55,89 %	57,46 %	61,88 %