LANGESAND AS

4950 RISØR

Finances

Return on Equity

1 409,88 %

Current Ratio

18,86

Debt-to-Equity Ratio

−85,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	448 000	1 625 000	240 000	268 000
Net Income	−7 134 000	−1 220 000	−532 000	−483 000
Total Assets	43 568 000	31 066 000	27 568 000	22 175 000
Total Equity	−506 000	6 382 000	7 602 000	8 134 000

Income (NOK)	2022	2021	2020	2019
Revenue	448 000	1 625 000	240 000	268 000
Expenditure	5 560 000	2 228 000	553 000	433 000
Operating Profit	−5 112 000	−604 000	−314 000	−165 000
Financial Income	422 000	290 000	188 000	202 000
Financial Costs	1 445 000	1 140 000	556 000	657 000
Financial Balance	−1 023 000	−850 000	−368 000	−455 000
Earnings Before Tax	−6 134 000	−1 454 000	−682 000	−620 000
Tax	999 000	−234 000	−150 000	−136 000
Net Income	−7 134 000	−1 220 000	−532 000	−483 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 689 000	12 231 000	12 465 000	7 877 000
Total Current Assets	19 879 000	18 835 000	15 103 000	14 298 000
Total Assets	43 568 000	31 066 000	27 568 000	22 175 000
Total Retained Equity	−11 268 000	−4 135 000	−2 915 000	−2 383 000
Total Equity	−506 000	6 382 000	7 602 000	8 134 000
Total Long-Term Debt	43 021 000	23 780 000	17 639 000	12 950 000
Total Current Debt	1 054 000	904 000	2 326 000	1 091 000
Total Equity and Debt	43 568 000	31 066 000	27 568 000	22 175 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	298 000	1 460 000	133 000	201 000
Other Income	150 000	164 000	107 000	67 000
Revenue	448 000	1 625 000	240 000	268 000
Cost of Goods Sold	0	40 000	0	0
Salary Costs	1 320 000	1 048 000	114 000	207 000
Depreciation	209 000	37 000	37 000	92 000
Impairment	0	0	0	0
Expenditure	5 560 000	2 228 000	553 000	433 000
Operating Profit	−5 112 000	−604 000	−314 000	−165 000
Financial Income	422 000	290 000	188 000	202 000
Financial Costs	1 445 000	1 140 000	556 000	657 000
Financial Balance	−1 023 000	−850 000	−368 000	−455 000
Dividends	0	0	0	0
Net Income	−7 134 000	−1 220 000	−532 000	−483 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	1 068 000	835 000	685 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	95 000	122 000	148 000	175 000
Fixtures	4 474 000	88 000	21 000	31 000
Total Tangible Assets	4 569 000	210 000	169 000	207 000
Total Fiancial Fixed Assets	19 120 000	10 953 000	11 461 000	6 985 000
Total Fixed Assets	23 689 000	12 231 000	12 465 000	7 877 000
Stock	18 624 000	15 304 000	14 967 000	14 222 000
Total Investments	0	0	0	0
Cash, Bank	111 000	171 000	20 000	20 000
Total Current Assets	19 879 000	18 835 000	15 103 000	14 298 000
Total Assets	43 568 000	31 066 000	27 568 000	22 175 000
Total Equity	−506 000	6 382 000	7 602 000	8 134 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	43 021 000	23 780 000	17 639 000	12 950 000
Creditors	89 000	92 000	371 000	105 000
Unpaid Taxes	100 000	202 000	26 000	7 000
Dividends	0	0	0	0
Other Current Debt	143 000	127 000	914 000	138 000
Total Current Debt	1 054 000	904 000	2 326 000	1 091 000
Total Equity and Debt	43 568 000	31 066 000	27 568 000	22 175 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 409,88 %	−19,12 %	−7 %	−5,94 %
Debt-to-Equity Ratio	−85,02	3,73	2,32	1,59
Operating Profit Margin	−1 141,07 %	−37,17 %	−130,83 %	−61,57 %
Current Ratio	18,86	20,84	6,49	13,11
Quick Ratio	−1,13	−1,31	−1,19	−1,09
Equity Ratio	−0,01	0,21	0,28	0,37
Gross Profit Margin	100 %	97,54 %	100 %	100 %