LANGGATEN 17 AS

4306 SANDNES

Finances

Return on Equity

14,31 %

Current Ratio

0,73

Debt-to-Equity Ratio

3,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 999 000	2 026 000	1 915 000	1 904 000
Net Income	366 000	435 000	421 000	416 000
Total Assets	11 650 000	11 786 000	12 048 000	12 209 000
Total Equity	2 557 000	2 637 000	2 688 000	2 267 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 999 000	2 026 000	1 915 000	1 904 000
Expenditure	1 292 000	1 215 000	1 085 000	1 085 000
Operating Profit	707 000	811 000	831 000	820 000
Financial Income	5 000	5 000	4 000	5 000
Financial Costs	244 000	259 000	296 000	292 000
Financial Balance	−239 000	−254 000	−292 000	−287 000
Earnings Before Tax	469 000	557 000	539 000	533 000
Tax	103 000	123 000	119 000	117 000
Net Income	366 000	435 000	421 000	416 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 976 000	11 333 000	11 749 000	11 837 000
Total Current Assets	674 000	454 000	299 000	372 000
Total Assets	11 650 000	11 786 000	12 048 000	12 209 000
Total Retained Equity	1 676 000	1 755 000	1 806 000	1 386 000
Total Equity	2 557 000	2 637 000	2 688 000	2 267 000
Total Long-Term Debt	8 173 000	8 299 000	8 864 000	8 720 000
Total Current Debt	920 000	850 000	497 000	1 221 000
Total Equity and Debt	11 650 000	11 786 000	12 048 000	12 209 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 999 000	2 026 000	1 915 000	1 904 000
Revenue	1 999 000	2 026 000	1 915 000	1 904 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 000	1 000	2 000	1 000
Depreciation	496 000	494 000	477 000	405 000
Impairment	0	0	0	0
Expenditure	1 292 000	1 215 000	1 085 000	1 085 000
Operating Profit	707 000	811 000	831 000	820 000
Financial Income	5 000	5 000	4 000	5 000
Financial Costs	244 000	259 000	296 000	292 000
Financial Balance	−239 000	−254 000	−292 000	−287 000
Dividends	0	0	0	0
Net Income	366 000	435 000	421 000	416 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 820 000	11 103 000	11 491 000	11 507 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	156 000	230 000	258 000	330 000
Total Tangible Assets	10 976 000	11 333 000	11 749 000	11 837 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 976 000	11 333 000	11 749 000	11 837 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	248 000	114 000	95 000	54 000
Total Current Assets	674 000	454 000	299 000	372 000
Total Assets	11 650 000	11 786 000	12 048 000	12 209 000
Total Equity	2 557 000	2 637 000	2 688 000	2 267 000
Short-Term Group Debt	571 000	623 000	0	474 000
Total Long-Term Debt	8 173 000	8 299 000	8 864 000	8 720 000
Creditors	209 000	67 000	45 000	140 000
Unpaid Taxes	34 000	69 000	40 000	47 000
Dividends	0	0	0	0
Other Current Debt	107 000	92 000	293 000	560 000
Total Current Debt	920 000	850 000	497 000	1 221 000
Total Equity and Debt	11 650 000	11 786 000	12 048 000	12 209 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,31 %	16,5 %	15,66 %	18,35 %
Debt-to-Equity Ratio	3,2	3,15	3,3	3,85
Operating Profit Margin	35,37 %	40,03 %	43,39 %	43,07 %
Current Ratio	0,73	0,53	0,6	0,3
Quick Ratio	0,73	0,53	0,6	0,3
Equity Ratio	0,22	0,22	0,22	0,19
Gross Profit Margin	100 %	100 %	100 %	100 %