LANGFONN AS

0273 OSLO

Finances

Return on Equity

5,2 %

Current Ratio

2,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 841 000	65 839 000	11 033 000	11 336 000
Net Income	17 335 000	64 459 000	9 975 000	6 647 000
Total Assets	353 554 000	364 789 000	312 991 000	310 416 000
Total Equity	333 063 000	341 059 000	307 520 000	309 274 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 841 000	65 839 000	11 033 000	11 336 000
Expenditure	3 625 000	836 000	967 000	4 647 000
Operating Profit	17 215 000	65 003 000	10 066 000	6 689 000
Financial Income	24 000	32 000	26 000	10 000
Financial Costs	1 000	6 000	27 000	52 000
Financial Balance	23 000	26 000	−1 000	−42 000
Earnings Before Tax	17 238 000	65 028 000	10 065 000	6 647 000
Tax	−97 000	569 000	90 000	0
Net Income	17 335 000	64 459 000	9 975 000	6 647 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	301 188 000	288 295 000	289 250 000	288 043 000
Total Current Assets	52 366 000	76 494 000	23 741 000	22 373 000
Total Assets	353 554 000	364 789 000	312 991 000	310 416 000
Total Retained Equity	191 189 000	200 155 000	166 616 000	156 641 000
Total Equity	333 063 000	341 059 000	307 520 000	309 274 000
Total Long-Term Debt	0	97 000	5 395 000	1 101 000
Total Current Debt	20 490 000	23 633 000	76 000	41 000
Total Equity and Debt	353 554 000	364 789 000	312 991 000	310 416 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	20 841 000	65 839 000	11 033 000	11 336 000
Revenue	20 841 000	65 839 000	11 033 000	11 336 000
Cost of Goods Sold	0	0	0	0
Salary Costs	342 000	171 000	17 000	17 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 625 000	836 000	967 000	4 647 000
Operating Profit	17 215 000	65 003 000	10 066 000	6 689 000
Financial Income	24 000	32 000	26 000	10 000
Financial Costs	1 000	6 000	27 000	52 000
Financial Balance	23 000	26 000	−1 000	−42 000
Dividends	19 600 000	18 400 000	0	0
Net Income	17 335 000	64 459 000	9 975 000	6 647 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	301 188 000	288 295 000	289 250 000	288 043 000
Total Fixed Assets	301 188 000	288 295 000	289 250 000	288 043 000
Stock	0	0	0	0
Total Investments	31 109 000	50 289 000	11 628 000	11 850 000
Cash, Bank	1 156 000	10 236 000	2 266 000	263 000
Total Current Assets	52 366 000	76 494 000	23 741 000	22 373 000
Total Assets	353 554 000	364 789 000	312 991 000	310 416 000
Total Equity	333 063 000	341 059 000	307 520 000	309 274 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	97 000	5 395 000	1 101 000
Creditors	32 000	35 000	33 000	33 000
Unpaid Taxes	149 000	60 000	8 000	8 000
Dividends	19 600 000	18 400 000	0	0
Other Current Debt	9 000	2 000	10 000	0
Total Current Debt	20 490 000	23 633 000	76 000	41 000
Total Equity and Debt	353 554 000	364 789 000	312 991 000	310 416 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,2 %	18,9 %	3,24 %	2,15 %
Debt-to-Equity Ratio	0	0	0,02	0
Operating Profit Margin	82,6 %	98,73 %	91,24 %	59,01 %
Current Ratio	2,56	3,24	312,38	545,68
Quick Ratio	2,56	3,24	312,38	545,68
Equity Ratio	0,94	0,93	0,98	1
Gross Profit Margin	100 %	100 %	100 %	100 %