LAN- X AS

4315 SANDNES

Finances

Return on Equity

33,2 %

Current Ratio

1,87

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	71 938 000	73 025 000	71 853 000	67 796 000
Net Income	4 978 000	6 044 000	5 455 000	5 371 000
Total Assets	30 508 000	28 788 000	25 578 000	23 491 000
Total Equity	14 996 000	14 717 000	12 500 000	10 707 000

Income (NOK)	2022	2021	2020	2019
Revenue	71 938 000	73 025 000	71 853 000	67 796 000
Expenditure	65 609 000	65 315 000	64 855 000	60 935 000
Operating Profit	6 330 000	7 709 000	6 998 000	6 861 000
Financial Income	53 000	41 000	20 000	32 000
Financial Costs	18 000	3 000	7 000	5 000
Financial Balance	35 000	38 000	13 000	27 000
Earnings Before Tax	6 365 000	7 747 000	7 011 000	6 888 000
Tax	1 387 000	1 702 000	1 556 000	1 517 000
Net Income	4 978 000	6 044 000	5 455 000	5 371 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 556 000	1 215 000	481 000	761 000
Total Current Assets	28 953 000	27 572 000	25 097 000	22 730 000
Total Assets	30 508 000	28 788 000	25 578 000	23 491 000
Total Retained Equity	10 183 000	9 904 000	7 727 000	5 974 000
Total Equity	14 996 000	14 717 000	12 500 000	10 707 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	15 512 000	14 071 000	13 077 000	12 784 000
Total Equity and Debt	30 508 000	28 788 000	25 578 000	23 491 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	71 938 000	73 025 000	71 853 000	67 796 000
Other Income	0	0	0	0
Revenue	71 938 000	73 025 000	71 853 000	67 796 000
Cost of Goods Sold	40 439 000	41 519 000	42 767 000	39 445 000
Salary Costs	19 366 000	19 892 000	18 304 000	17 439 000
Depreciation	425 000	339 000	281 000	297 000
Impairment	0	0	0	0
Expenditure	65 609 000	65 315 000	64 855 000	60 935 000
Operating Profit	6 330 000	7 709 000	6 998 000	6 861 000
Financial Income	53 000	41 000	20 000	32 000
Financial Costs	18 000	3 000	7 000	5 000
Financial Balance	35 000	38 000	13 000	27 000
Dividends	4 699 000	0	3 786 000	3 363 000
Net Income	4 978 000	6 044 000	5 455 000	5 371 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	568 000	714 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	988 000	502 000	481 000	761 000
Total Tangible Assets	1 556 000	1 215 000	481 000	761 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 556 000	1 215 000	481 000	761 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	20 126 000	20 215 000	18 190 000	15 993 000
Total Current Assets	28 953 000	27 572 000	25 097 000	22 730 000
Total Assets	30 508 000	28 788 000	25 578 000	23 491 000
Total Equity	14 996 000	14 717 000	12 500 000	10 707 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 306 000	3 992 000	3 505 000	3 660 000
Unpaid Taxes	2 066 000	2 269 000	2 191 000	2 107 000
Dividends	4 699 000	0	3 786 000	3 363 000
Other Current Debt	2 055 000	2 155 000	2 040 000	2 137 000
Total Current Debt	15 512 000	14 071 000	13 077 000	12 784 000
Total Equity and Debt	30 508 000	28 788 000	25 578 000	23 491 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,2 %	41,07 %	43,64 %	50,16 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,8 %	10,56 %	9,74 %	10,12 %
Current Ratio	1,87	1,96	1,92	1,78
Quick Ratio	1,87	1,96	1,92	1,78
Equity Ratio	0,49	0,51	0,49	0,46
Gross Profit Margin	43,79 %	43,14 %	40,48 %	41,82 %