LÅGEN AGRO AS

3282 KVELDE

Finances

Share Ownership

Return on Equity

24,77 %

Current Ratio

1,62

Debt-to-Equity Ratio

0,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 083 000	5 086 000	6 330 000	5 895 000
Net Income	716 000	173 000	681 000	264 000
Total Assets	7 563 000	7 642 000	7 365 000	6 101 000
Total Equity	2 891 000	2 175 000	2 001 000	1 320 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 083 000	5 086 000	6 330 000	5 895 000
Expenditure	5 074 000	4 802 000	5 397 000	5 547 000
Operating Profit	1 008 000	283 000	934 000	401 000
Financial Income	5 000	3 000	9 000	11 000
Financial Costs	95 000	63 000	69 000	72 000
Financial Balance	−90 000	−60 000	−60 000	−61 000
Earnings Before Tax	918 000	222 000	873 000	339 000
Tax	202 000	49 000	192 000	75 000
Net Income	716 000	173 000	681 000	264 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 717 000	2 816 000	3 238 000	3 069 000
Total Current Assets	4 846 000	4 825 000	4 127 000	3 032 000
Total Assets	7 563 000	7 642 000	7 365 000	6 101 000
Total Retained Equity	2 786 000	2 070 000	1 896 000	1 215 000
Total Equity	2 891 000	2 175 000	2 001 000	1 320 000
Total Long-Term Debt	1 685 000	1 806 000	1 945 000	2 065 000
Total Current Debt	2 987 000	3 661 000	3 418 000	2 716 000
Total Equity and Debt	7 563 000	7 642 000	7 365 000	6 101 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 356 000	4 432 000	5 851 000	5 403 000
Other Income	727 000	654 000	480 000	492 000
Revenue	6 083 000	5 086 000	6 330 000	5 895 000
Cost of Goods Sold	2 387 000	2 112 000	2 572 000	2 366 000
Salary Costs	366 000	388 000	379 000	664 000
Depreciation	356 000	411 000	457 000	472 000
Impairment	0	0	0	0
Expenditure	5 074 000	4 802 000	5 397 000	5 547 000
Operating Profit	1 008 000	283 000	934 000	401 000
Financial Income	5 000	3 000	9 000	11 000
Financial Costs	95 000	63 000	69 000	72 000
Financial Balance	−90 000	−60 000	−60 000	−61 000
Dividends	0	0	0	0
Net Income	716 000	173 000	681 000	264 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 434 000	1 523 000	1 618 000	1 722 000
Machinery and Plant Facilities	1 263 000	1 263 000	1 579 000	1 347 000
Fixtures	0	0	0	0
Total Tangible Assets	2 696 000	2 786 000	3 197 000	3 068 000
Total Fiancial Fixed Assets	21 000	31 000	41 000	1 000
Total Fixed Assets	2 717 000	2 816 000	3 238 000	3 069 000
Stock	2 585 000	2 291 000	1 480 000	1 814 000
Total Investments	0	0	0	0
Cash, Bank	21 000	673 000	27 000	13 000
Total Current Assets	4 846 000	4 825 000	4 127 000	3 032 000
Total Assets	7 563 000	7 642 000	7 365 000	6 101 000
Total Equity	2 891 000	2 175 000	2 001 000	1 320 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 685 000	1 806 000	1 945 000	2 065 000
Creditors	1 453 000	2 585 000	3 066 000	3 301 000
Unpaid Taxes	0	113 000	0	0
Dividends	0	0	0	0
Other Current Debt	809 000	890 000	63 000	290 000
Total Current Debt	2 987 000	3 661 000	3 418 000	2 716 000
Total Equity and Debt	7 563 000	7 642 000	7 365 000	6 101 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,77 %	7,95 %	34,03 %	20 %
Debt-to-Equity Ratio	0,58	0,83	0,97	1,56
Operating Profit Margin	16,57 %	5,56 %	14,76 %	6,8 %
Current Ratio	1,62	1,32	1,21	1,12
Quick Ratio	12,05	3,52	2,13	3,36
Equity Ratio	0,38	0,28	0,27	0,22
Gross Profit Margin	60,76 %	58,47 %	59,37 %	59,86 %