FR LANGESGT 12 AS

8300 SVOLVÆR

Finances

Share Ownership

Return on Equity

9,41 %

Current Ratio

0,36

Debt-to-Equity Ratio

3,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 712 000	4 865 000	4 459 000	4 363 000
Net Income	903 000	1 345 000	990 000	551 000
Total Assets	40 247 000	41 994 000	45 287 000	46 284 000
Total Equity	9 593 000	8 690 000	8 281 000	1 820 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 712 000	4 865 000	4 459 000	4 363 000
Expenditure	2 348 000	2 426 000	2 306 000	2 031 000
Operating Profit	2 365 000	2 440 000	2 153 000	2 333 000
Financial Income	4 000	4 000	7 000	30 000
Financial Costs	1 211 000	719 000	891 000	1 656 000
Financial Balance	−1 207 000	−715 000	−884 000	−1 626 000
Earnings Before Tax	1 158 000	1 725 000	1 269 000	706 000
Tax	255 000	379 000	279 000	155 000
Net Income	903 000	1 345 000	990 000	551 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 049 000	41 736 000	43 503 000	46 072 000
Total Current Assets	198 000	258 000	1 784 000	213 000
Total Assets	40 247 000	41 994 000	45 287 000	46 284 000
Total Retained Equity	2 393 000	1 490 000	301 000	640 000
Total Equity	9 593 000	8 690 000	8 281 000	1 820 000
Total Long-Term Debt	30 111 000	31 765 000	35 248 000	44 287 000
Total Current Debt	543 000	1 539 000	1 758 000	178 000
Total Equity and Debt	40 247 000	41 994 000	45 287 000	46 284 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 495 000	4 467 000	4 162 000	4 364 000
Other Income	217 000	398 000	296 000	−1 000
Revenue	4 712 000	4 865 000	4 459 000	4 363 000
Cost of Goods Sold	211 000	397 000	0	0
Salary Costs	0	0	0	0
Depreciation	1 768 000	1 767 000	1 767 000	1 755 000
Impairment	0	0	0	0
Expenditure	2 348 000	2 426 000	2 306 000	2 031 000
Operating Profit	2 365 000	2 440 000	2 153 000	2 333 000
Financial Income	4 000	4 000	7 000	30 000
Financial Costs	1 211 000	719 000	891 000	1 656 000
Financial Balance	−1 207 000	−715 000	−884 000	−1 626 000
Dividends	0	0	0	0
Net Income	903 000	1 345 000	990 000	551 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	81 000	0	0	0
Real Eastate	39 968 000	41 736 000	43 503 000	45 071 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	39 968 000	41 736 000	43 503 000	45 071 000
Total Fiancial Fixed Assets	0	0	0	1 000 000
Total Fixed Assets	40 049 000	41 736 000	43 503 000	46 072 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	112 000	129 000	1 699 000	213 000
Total Current Assets	198 000	258 000	1 784 000	213 000
Total Assets	40 247 000	41 994 000	45 287 000	46 284 000
Total Equity	9 593 000	8 690 000	8 281 000	1 820 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	30 111 000	31 765 000	35 248 000	44 287 000
Creditors	68 000	84 000	41 000	51 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	94 000	1 228 000	1 717 000	127 000
Total Current Debt	543 000	1 539 000	1 758 000	178 000
Total Equity and Debt	40 247 000	41 994 000	45 287 000	46 284 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,41 %	15,48 %	11,96 %	30,27 %
Debt-to-Equity Ratio	3,14	3,66	4,26	24,33
Operating Profit Margin	50,19 %	50,15 %	48,28 %	53,47 %
Current Ratio	0,36	0,17	1,01	1,2
Quick Ratio	0,36	0,17	1,01	1,2
Equity Ratio	0,24	0,21	0,18	0,04
Gross Profit Margin	95,52 %	91,84 %	100 %	100 %