LANGODDEN AS

1367 SNARØYA

Finances

Return on Equity

33,39 %

Current Ratio

46,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 894 000	14 416 000	956 000	1 533 000
Net Income	34 467 000	60 536 000	130 000	2 210 000
Total Assets	104 333 000	95 327 000	45 766 000	46 869 000
Total Equity	103 222 000	74 355 000	36 820 000	45 190 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 894 000	14 416 000	956 000	1 533 000
Expenditure	145 000	377 000	375 000	388 000
Operating Profit	18 748 000	14 040 000	580 000	1 145 000
Financial Income	16 319 000	46 601 000	531 000	966 000
Financial Costs	356 000	0	902 000	−172 000
Financial Balance	15 963 000	46 601 000	−371 000	1 138 000
Earnings Before Tax	34 711 000	60 640 000	209 000	2 282 000
Tax	244 000	105 000	80 000	72 000
Net Income	34 467 000	60 536 000	130 000	2 210 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	52 268 000	41 278 000	43 491 000	41 927 000
Total Current Assets	52 065 000	54 049 000	2 275 000	4 942 000
Total Assets	104 333 000	95 327 000	45 766 000	46 869 000
Total Retained Equity	103 100 000	74 234 000	36 698 000	45 068 000
Total Equity	103 222 000	74 355 000	36 820 000	45 190 000
Total Long-Term Debt	0	0	0	240 000
Total Current Debt	1 111 000	20 972 000	8 947 000	1 439 000
Total Equity and Debt	104 333 000	95 327 000	45 766 000	46 869 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	18 894 000	14 416 000	956 000	1 533 000
Revenue	18 894 000	14 416 000	956 000	1 533 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	29 000	50 000	50 000	50 000
Impairment	0	0	0	0
Expenditure	145 000	377 000	375 000	388 000
Operating Profit	18 748 000	14 040 000	580 000	1 145 000
Financial Income	16 319 000	46 601 000	531 000	966 000
Financial Costs	356 000	0	902 000	−172 000
Financial Balance	15 963 000	46 601 000	−371 000	1 138 000
Dividends	0	20 000 000	8 500 000	1 500 000
Net Income	34 467 000	60 536 000	130 000	2 210 000

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	313 000	0	0
Total Tangible Assets	0	313 000	363 000	413 000
Total Fiancial Fixed Assets	52 268 000	40 965 000	43 128 000	41 515 000
Total Fixed Assets	52 268 000	41 278 000	43 491 000	41 927 000
Stock	0	0	0	0
Total Investments	38 160 000	1 207 000	1 181 000	2 356 000
Cash, Bank	6 544 000	48 765 000	315 000	1 315 000
Total Current Assets	52 065 000	54 049 000	2 275 000	4 942 000
Total Assets	104 333 000	95 327 000	45 766 000	46 869 000
Total Equity	103 222 000	74 355 000	36 820 000	45 190 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	240 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	20 000 000	8 500 000	1 500 000
Other Current Debt	867 000	867 000	367 000	0
Total Current Debt	1 111 000	20 972 000	8 947 000	1 439 000
Total Equity and Debt	104 333 000	95 327 000	45 766 000	46 869 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,39 %	81,41 %	0,35 %	4,89 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	99,23 %	97,39 %	60,67 %	74,69 %
Current Ratio	46,86	2,58	0,25	3,43
Quick Ratio	46,86	2,58	0,25	3,43
Equity Ratio	0,99	0,78	0,8	0,96
Gross Profit Margin	100 %	100 %	100 %	100 %