LANGELAND EIGEDOM AS

5694 ONARHEIM

Finances

Return on Equity

−3,52 %

Current Ratio

2,5

Debt-to-Equity Ratio

−10,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	645 000	600 000	600 000	600 000
Net Income	10 000	17 000	39 000	30 000
Total Assets	2 822 000	3 127 000	3 366 000	3 512 000
Total Equity	−284 000	−294 000	−311 000	−350 000

Income (NOK)	2022	2021	2020	2019
Revenue	645 000	600 000	600 000	600 000
Expenditure	434 000	396 000	345 000	344 000
Operating Profit	211 000	204 000	255 000	256 000
Financial Income	15 000	21 000	9 000	12 000
Financial Costs	216 000	208 000	225 000	237 000
Financial Balance	−201 000	−187 000	−216 000	−225 000
Earnings Before Tax	10 000	17 000	39 000	30 000
Tax	0	0	0	0
Net Income	10 000	17 000	39 000	30 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 722 000	2 665 000	2 855 000	3 115 000
Total Current Assets	100 000	462 000	511 000	397 000
Total Assets	2 822 000	3 127 000	3 366 000	3 512 000
Total Retained Equity	−384 000	−394 000	−411 000	−450 000
Total Equity	−284 000	−294 000	−311 000	−350 000
Total Long-Term Debt	3 065 000	3 285 000	3 498 000	3 695 000
Total Current Debt	40 000	135 000	179 000	167 000
Total Equity and Debt	2 822 000	3 127 000	3 366 000	3 512 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	600 000	0	600 000
Other Income	645 000	0	600 000	0
Revenue	645 000	600 000	600 000	600 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	250 000	200 000	250 000	200 000
Impairment	0	0	0	0
Expenditure	434 000	396 000	345 000	344 000
Operating Profit	211 000	204 000	255 000	256 000
Financial Income	15 000	21 000	9 000	12 000
Financial Costs	216 000	208 000	225 000	237 000
Financial Balance	−201 000	−187 000	−216 000	−225 000
Dividends	0	0	0	0
Net Income	10 000	17 000	39 000	30 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 472 000	2 365 000	2 515 000	2 690 000
Machinery and Plant Facilities	240 000	0	340 000	0
Fixtures	0	290 000	0	415 000
Total Tangible Assets	2 712 000	2 655 000	2 855 000	3 105 000
Total Fiancial Fixed Assets	10 000	10 000	0	10 000
Total Fixed Assets	2 722 000	2 665 000	2 855 000	3 115 000
Stock	0	0	0	0
Total Investments	0	0	10 000	0
Cash, Bank	84 000	150 000	189 000	85 000
Total Current Assets	100 000	462 000	511 000	397 000
Total Assets	2 822 000	3 127 000	3 366 000	3 512 000
Total Equity	−284 000	−294 000	−311 000	−350 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 065 000	3 285 000	3 498 000	3 695 000
Creditors	19 000	19 000	0	0
Unpaid Taxes	11 000	106 000	131 000	118 000
Dividends	0	0	0	0
Other Current Debt	11 000	10 000	48 000	48 000
Total Current Debt	40 000	135 000	179 000	167 000
Total Equity and Debt	2 822 000	3 127 000	3 366 000	3 512 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,52 %	−5,78 %	−12,54 %	−8,57 %
Debt-to-Equity Ratio	−10,79	−11,17	−11,25	−10,56
Operating Profit Margin	32,71 %	34 %	42,5 %	42,67 %
Current Ratio	2,5	3,42	2,85	2,38
Quick Ratio	2,5	3,42	2,85	2,38
Equity Ratio	−0,1	−0,09	−0,09	−0,1
Gross Profit Margin	100 %	100 %	100 %	100 %