LANGGATEN 9-11 AS

4319 SANDNES

Finances

Share Ownership

Return on Equity

64,14 %

Current Ratio

5,53

Debt-to-Equity Ratio

−17,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	309 000	195 000	273 000	430 000
Net Income	−669 000	−1 104 000	−577 000	−159 000
Total Assets	17 132 000	16 731 000	17 139 000	16 870 000
Total Equity	−1 043 000	−373 000	792 000	1 369 000

Income (NOK)	2022	2021	2020	2019
Revenue	309 000	195 000	273 000	430 000
Expenditure	432 000	1 218 000	580 000	651 000
Operating Profit	−124 000	−1 024 000	−306 000	−221 000
Financial Income	0	0	0	30 000
Financial Costs	735 000	392 000	433 000	13 000
Financial Balance	−735 000	−392 000	−433 000	17 000
Earnings Before Tax	−858 000	−1 416 000	−739 000	−203 000
Tax	−189 000	−311 000	−163 000	−45 000
Net Income	−669 000	−1 104 000	−577 000	−159 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 270 000	16 181 000	16 873 000	16 830 000
Total Current Assets	862 000	550 000	267 000	40 000
Total Assets	17 132 000	16 731 000	17 139 000	16 870 000
Total Retained Equity	−2 063 000	−1 394 000	−290 000	287 000
Total Equity	−1 043 000	−373 000	792 000	1 369 000
Total Long-Term Debt	18 019 000	17 061 000	16 266 000	14 780 000
Total Current Debt	156 000	43 000	81 000	722 000
Total Equity and Debt	17 132 000	16 731 000	17 139 000	16 870 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	309 000	195 000	0	430 000
Other Income	0	0	273 000	0
Revenue	309 000	195 000	273 000	430 000
Cost of Goods Sold	47 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	99 000	99 000	120 000	120 000
Impairment	0	0	0	0
Expenditure	432 000	1 218 000	580 000	651 000
Operating Profit	−124 000	−1 024 000	−306 000	−221 000
Financial Income	0	0	0	30 000
Financial Costs	735 000	392 000	433 000	13 000
Financial Balance	−735 000	−392 000	−433 000	17 000
Dividends	0	0	0	0
Net Income	−669 000	−1 104 000	−577 000	−159 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 955 000	1 766 000	1 851 000	1 689 000
Real Eastate	10 736 000	10 835 000	15 020 000	11 562 000
Machinery and Plant Facilities	3 578 000	3 578 000	0	3 578 000
Fixtures	0	0	0	0
Total Tangible Assets	14 314 000	14 413 000	15 020 000	15 140 000
Total Fiancial Fixed Assets	2 000	2 000	2 000	2 000
Total Fixed Assets	16 270 000	16 181 000	16 873 000	16 830 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	467 000	367 000	218 000	31 000
Total Current Assets	862 000	550 000	267 000	40 000
Total Assets	17 132 000	16 731 000	17 139 000	16 870 000
Total Equity	−1 043 000	−373 000	792 000	1 369 000
Short-Term Group Debt	0	0	0	693 000
Total Long-Term Debt	18 019 000	17 061 000	16 266 000	14 780 000
Creditors	0	28 000	55 000	29 000
Unpaid Taxes	45 000	1 000	6 000	0
Dividends	0	0	0	0
Other Current Debt	111 000	14 000	20 000	0
Total Current Debt	156 000	43 000	81 000	722 000
Total Equity and Debt	17 132 000	16 731 000	17 139 000	16 870 000

Financial indicators	2022	2021	2020	2019
Return on Equity	64,14 %	295,98 %	−72,85 %	−11,61 %
Debt-to-Equity Ratio	−17,28	−45,74	20,54	10,8
Operating Profit Margin	−40,13 %	−525,13 %	−112,09 %	−51,4 %
Current Ratio	5,53	12,79	3,3	0,06
Quick Ratio	5,53	12,79	3,3	0,06
Equity Ratio	−0,06	−0,02	0,05	0,08
Gross Profit Margin	84,79 %	100 %	100 %	100 %