LANGEDALSVEGEN AS

5763 SKARE

Finances

Share Ownership

Return on Equity

18,4 %

Current Ratio

1,88

Debt-to-Equity Ratio

0,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	947 000	1 767 000	747 000	670 000
Net Income	280 000	319 000	48 000	130 000
Total Assets	2 383 000	3 065 000	2 088 000	1 604 000
Total Equity	1 522 000	1 243 000	924 000	876 000

Income (NOK)	2022	2021	2020	2019
Revenue	947 000	1 767 000	747 000	670 000
Expenditure	612 000	1 408 000	682 000	538 000
Operating Profit	336 000	360 000	63 000	132 000
Financial Income	4 000	1 000	1 000	0
Financial Costs	31 000	42 000	16 000	2 000
Financial Balance	−27 000	−41 000	−15 000	−2 000
Earnings Before Tax	309 000	319 000	48 000	130 000
Tax	29 000	0	0	0
Net Income	280 000	319 000	48 000	130 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 506 000	2 068 000	2 002 000	1 545 000
Total Current Assets	877 000	998 000	86 000	59 000
Total Assets	2 383 000	3 065 000	2 088 000	1 604 000
Total Retained Equity	1 159 000	879 000	560 000	512 000
Total Equity	1 522 000	1 243 000	924 000	876 000
Total Long-Term Debt	394 000	619 000	1 094 000	0
Total Current Debt	467 000	1 204 000	71 000	729 000
Total Equity and Debt	2 383 000	3 065 000	2 088 000	1 604 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	945 000	1 765 000	746 000	653 000
Other Income	2 000	2 000	0	17 000
Revenue	947 000	1 767 000	747 000	670 000
Cost of Goods Sold	244 000	939 000	234 000	250 000
Salary Costs	133 000	133 000	55 000	56 000
Depreciation	100 000	100 000	56 000	39 000
Impairment	0	0	0	0
Expenditure	612 000	1 408 000	682 000	538 000
Operating Profit	336 000	360 000	63 000	132 000
Financial Income	4 000	1 000	1 000	0
Financial Costs	31 000	42 000	16 000	2 000
Financial Balance	−27 000	−41 000	−15 000	−2 000
Dividends	0	0	0	0
Net Income	280 000	319 000	48 000	130 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 506 000	2 068 000	2 002 000	1 544 000
Machinery and Plant Facilities	0	0	0	1 000
Fixtures	0	0	0	0
Total Tangible Assets	1 506 000	2 068 000	2 002 000	1 545 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 506 000	2 068 000	2 002 000	1 545 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	615 000	828 000	0	59 000
Total Current Assets	877 000	998 000	86 000	59 000
Total Assets	2 383 000	3 065 000	2 088 000	1 604 000
Total Equity	1 522 000	1 243 000	924 000	876 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	394 000	619 000	1 094 000	0
Creditors	329 000	1 081 000	28 000	154 000
Unpaid Taxes	106 000	121 000	0	−79 000
Dividends	0	0	0	0
Other Current Debt	4 000	2 000	3 000	654 000
Total Current Debt	467 000	1 204 000	71 000	729 000
Total Equity and Debt	2 383 000	3 065 000	2 088 000	1 604 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,4 %	25,66 %	5,19 %	14,84 %
Debt-to-Equity Ratio	0,26	0,5	1,18	0
Operating Profit Margin	35,48 %	20,37 %	8,43 %	19,7 %
Current Ratio	1,88	0,83	1,21	0,08
Quick Ratio	1,88	0,83	1,21	0,08
Equity Ratio	0,64	0,41	0,44	0,55
Gross Profit Margin	74,23 %	46,86 %	68,67 %	62,69 %