LANDBRUKSVEIEN 2 AS

1396 BILLINGSTAD

Finances

Share Ownership

Return on Equity

11,37 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	56 465 000	65 499 000	64 482 000	63 395 000
Net Income	20 846 000	27 952 000	26 023 000	24 856 000
Total Assets	328 785 000	340 109 000	368 686 000	369 828 000
Total Equity	183 308 000	179 012 000	151 060 000	156 540 000

Income (NOK)	2022	2021	2020	2019
Revenue	56 465 000	65 499 000	64 482 000	63 395 000
Expenditure	27 906 000	26 662 000	26 413 000	25 408 000
Operating Profit	28 559 000	38 837 000	38 069 000	37 987 000
Financial Income	33 000	0	0	0
Financial Costs	1 865 000	3 001 000	4 707 000	5 266 000
Financial Balance	−1 832 000	−3 001 000	−4 707 000	−5 266 000
Earnings Before Tax	26 726 000	35 836 000	33 362 000	32 721 000
Tax	5 880 000	7 884 000	7 340 000	7 865 000
Net Income	20 846 000	27 952 000	26 023 000	24 856 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	328 316 000	339 871 000	354 056 000	355 111 000
Total Current Assets	469 000	238 000	14 630 000	14 717 000
Total Assets	328 785 000	340 109 000	368 686 000	369 828 000
Total Retained Equity	182 926 000	178 629 000	150 677 000	156 158 000
Total Equity	183 308 000	179 012 000	151 060 000	156 540 000
Total Long-Term Debt	0	0	0	16 700 000
Total Current Debt	145 476 000	161 097 000	217 626 000	196 588 000
Total Equity and Debt	328 785 000	340 109 000	368 686 000	369 828 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	56 465 000	65 499 000	64 482 000	63 395 000
Revenue	56 465 000	65 499 000	64 482 000	63 395 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	21 319 000	20 907 000	20 822 000	20 776 000
Impairment	0	0	0	0
Expenditure	27 906 000	26 662 000	26 413 000	25 408 000
Operating Profit	28 559 000	38 837 000	38 069 000	37 987 000
Financial Income	33 000	0	0	0
Financial Costs	1 865 000	3 001 000	4 707 000	5 266 000
Financial Balance	−1 832 000	−3 001 000	−4 707 000	−5 266 000
Dividends	0	0	0	0
Net Income	20 846 000	27 952 000	26 023 000	24 856 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	24 090 000	21 534 000	19 299 000	16 881 000
Real Eastate	304 227 000	318 337 000	334 757 000	338 230 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	304 227 000	318 337 000	334 757 000	338 230 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	328 316 000	339 871 000	354 056 000	355 111 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	469 000	238 000	14 630 000	14 717 000
Total Assets	328 785 000	340 109 000	368 686 000	369 828 000
Total Equity	183 308 000	179 012 000	151 060 000	156 540 000
Short-Term Group Debt	140 791 000	148 823 000	215 662 000	194 567 000
Total Long-Term Debt	0	0	0	16 700 000
Creditors	673 000	2 031 000	863 000	706 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	245 000	128 000	229 000	193 000
Total Current Debt	145 476 000	161 097 000	217 626 000	196 588 000
Total Equity and Debt	328 785 000	340 109 000	368 686 000	369 828 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,37 %	15,61 %	17,23 %	15,88 %
Debt-to-Equity Ratio	0	0	0	0,11
Operating Profit Margin	50,58 %	59,29 %	59,04 %	59,92 %
Current Ratio	0	0	0,07	0,07
Quick Ratio	0	0	0,07	0,07
Equity Ratio	0,56	0,53	0,41	0,42
Gross Profit Margin	100 %	100 %	100 %	100 %