ERIK LANGELAND AS

4643 SØGNE

Finances

Return on Equity

−0,27 %

Current Ratio

6,43

Debt-to-Equity Ratio

0,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	17 000	26 000	105 000
Net Income	−18 000	−187 000	−74 000	32 000
Total Assets	8 897 000	8 530 000	8 555 000	5 295 000
Total Equity	6 700 000	6 718 000	6 905 000	3 825 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	17 000	26 000	105 000
Expenditure	63 000	63 000	101 000	76 000
Operating Profit	−63 000	−46 000	−74 000	29 000
Financial Income	0	0	0	2 000
Financial Costs	0	141 000	0	0
Financial Balance	0	−141 000	0	2 000
Earnings Before Tax	−63 000	−187 000	−74 000	32 000
Tax	−45 000	0	0	0
Net Income	−18 000	−187 000	−74 000	32 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 529 000	4 114 000	4 121 000	4 141 000
Total Current Assets	4 368 000	4 415 000	4 434 000	1 154 000
Total Assets	8 897 000	8 530 000	8 555 000	5 295 000
Total Retained Equity	3 446 000	3 464 000	3 651 000	3 724 000
Total Equity	6 700 000	6 718 000	6 905 000	3 825 000
Total Long-Term Debt	1 518 000	1 807 000	1 650 000	1 430 000
Total Current Debt	679 000	4 000	0	40 000
Total Equity and Debt	8 897 000	8 530 000	8 555 000	5 295 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	17 000	26 000	45 000
Other Income	0	0	0	60 000
Revenue	0	17 000	26 000	105 000
Cost of Goods Sold	0	0	0	31 000
Salary Costs	0	0	0	0
Depreciation	20 000	20 000	20 000	9 000
Impairment	0	0	0	0
Expenditure	63 000	63 000	101 000	76 000
Operating Profit	−63 000	−46 000	−74 000	29 000
Financial Income	0	0	0	2 000
Financial Costs	0	141 000	0	0
Financial Balance	0	−141 000	0	2 000
Dividends	0	0	0	14 000
Net Income	−18 000	−187 000	−74 000	32 000

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	132 000	152 000	172 000	192 000
Fixtures	0	0	0	0
Total Tangible Assets	132 000	152 000	172 000	192 000
Total Fiancial Fixed Assets	4 397 000	3 963 000	3 950 000	3 950 000
Total Fixed Assets	4 529 000	4 114 000	4 121 000	4 141 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	933 000	995 000	1 022 000	1 048 000
Total Current Assets	4 368 000	4 415 000	4 434 000	1 154 000
Total Assets	8 897 000	8 530 000	8 555 000	5 295 000
Total Equity	6 700 000	6 718 000	6 905 000	3 825 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 518 000	1 807 000	1 650 000	1 430 000
Creditors	0	4 000	0	1 000
Unpaid Taxes	0	0	0	24 000
Dividends	0	0	0	14 000
Other Current Debt	679 000	0	0	14 000
Total Current Debt	679 000	4 000	0	40 000
Total Equity and Debt	8 897 000	8 530 000	8 555 000	5 295 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,27 %	−2,78 %	−1,07 %	0,84 %
Debt-to-Equity Ratio	0,23	0,27	0,24	0,37
Operating Profit Margin	-	−270,59 %	−284,62 %	27,62 %
Current Ratio	6,43	1 103,75	-	28,85
Quick Ratio	6,43	1 103,75	-	28,85
Equity Ratio	0,75	0,79	0,81	0,72
Gross Profit Margin	-	100 %	100 %	70,48 %