LANGSET MEK AS

6600 SUNNDALSØRA

Finances

Return on Equity

0,74 %

Current Ratio

0,61

Debt-to-Equity Ratio

0,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	56 855 000	61 992 000	65 050 000	80 089 000
Net Income	97 000	3 800 000	6 471 000	9 811 000
Total Assets	50 761 000	56 568 000	63 983 000	75 612 000
Total Equity	13 060 000	27 043 000	30 174 000	30 331 000

Income (NOK)	2022	2021	2020	2019
Revenue	56 855 000	61 992 000	65 050 000	80 089 000
Expenditure	57 275 000	58 495 000	58 008 000	68 555 000
Operating Profit	−420 000	3 496 000	7 043 000	11 533 000
Financial Income	1 454 000	2 115 000	2 103 000	1 937 000
Financial Costs	910 000	738 000	840 000	892 000
Financial Balance	544 000	1 377 000	1 263 000	1 045 000
Earnings Before Tax	124 000	4 872 000	8 305 000	12 578 000
Tax	27 000	1 073 000	1 834 000	2 767 000
Net Income	97 000	3 800 000	6 471 000	9 811 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 630 000	36 364 000	40 941 000	47 101 000
Total Current Assets	20 131 000	20 204 000	23 042 000	28 511 000
Total Assets	50 761 000	56 568 000	63 983 000	75 612 000
Total Retained Equity	4 440 000	18 423 000	21 554 000	21 710 000
Total Equity	13 060 000	27 043 000	30 174 000	30 331 000
Total Long-Term Debt	4 871 000	6 046 000	6 769 000	7 216 000
Total Current Debt	32 830 000	23 479 000	27 039 000	38 065 000
Total Equity and Debt	50 761 000	56 568 000	63 983 000	75 612 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	56 778 000	61 665 000	64 189 000	79 941 000
Other Income	77 000	327 000	862 000	148 000
Revenue	56 855 000	61 992 000	65 050 000	80 089 000
Cost of Goods Sold	7 610 000	7 483 000	9 965 000	16 557 000
Salary Costs	30 062 000	31 523 000	31 774 000	37 780 000
Depreciation	1 065 000	993 000	1 100 000	594 000
Impairment	0	0	0	0
Expenditure	57 275 000	58 495 000	58 008 000	68 555 000
Operating Profit	−420 000	3 496 000	7 043 000	11 533 000
Financial Income	1 454 000	2 115 000	2 103 000	1 937 000
Financial Costs	910 000	738 000	840 000	892 000
Financial Balance	544 000	1 377 000	1 263 000	1 045 000
Dividends	0	0	0	0
Net Income	97 000	3 800 000	6 471 000	9 811 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 038 000	1 145 000	263 000	228 000
Real Eastate	1 748 000	1 857 000	1 848 000	2 548 000
Machinery and Plant Facilities	1 883 000	1 774 000	2 309 000	1 609 000
Fixtures	2 186 000	2 143 000	2 329 000	1 402 000
Total Tangible Assets	5 818 000	5 774 000	6 487 000	5 559 000
Total Fiancial Fixed Assets	22 774 000	29 445 000	34 191 000	41 314 000
Total Fixed Assets	30 630 000	36 364 000	40 941 000	47 101 000
Stock	2 210 000	2 020 000	1 824 000	2 032 000
Total Investments	0	0	0	0
Cash, Bank	1 532 000	1 414 000	1 426 000	1 977 000
Total Current Assets	20 131 000	20 204 000	23 042 000	28 511 000
Total Assets	50 761 000	56 568 000	63 983 000	75 612 000
Total Equity	13 060 000	27 043 000	30 174 000	30 331 000
Short-Term Group Debt	15 142 000	8 921 000	8 772 000	13 419 000
Total Long-Term Debt	4 871 000	6 046 000	6 769 000	7 216 000
Creditors	1 063 000	2 365 000	569 000	2 837 000
Unpaid Taxes	4 144 000	3 271 000	4 443 000	5 900 000
Dividends	0	0	0	0
Other Current Debt	3 713 000	4 093 000	7 348 000	7 271 000
Total Current Debt	32 830 000	23 479 000	27 039 000	38 065 000
Total Equity and Debt	50 761 000	56 568 000	63 983 000	75 612 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,74 %	14,05 %	21,45 %	32,35 %
Debt-to-Equity Ratio	0,37	0,22	0,22	0,24
Operating Profit Margin	−0,74 %	5,64 %	10,83 %	14,4 %
Current Ratio	0,61	0,86	0,85	0,75
Quick Ratio	0,66	0,94	0,91	0,79
Equity Ratio	0,26	0,48	0,47	0,4
Gross Profit Margin	86,62 %	87,93 %	84,68 %	79,33 %