LANGESANDHEIA AS

4904 TVEDESTRAND

Finances

Share Ownership

Return on Equity

14,56 %

Current Ratio

6,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	831 000	1 320 000	1 074 000	20 000
Net Income	436 000	477 000	496 000	−96 000
Total Assets	3 536 000	3 114 000	3 109 000	3 013 000
Total Equity	2 995 000	2 559 000	2 082 000	1 586 000

Income (NOK)	2022	2021	2020	2019
Revenue	831 000	1 320 000	1 074 000	20 000
Expenditure	271 000	680 000	395 000	22 000
Operating Profit	560 000	640 000	679 000	−2 000
Financial Income	0	0	0	0
Financial Costs	1 000	28 000	70 000	94 000
Financial Balance	−1 000	−28 000	−70 000	−94 000
Earnings Before Tax	559 000	612 000	609 000	−96 000
Tax	123 000	135 000	113 000	0
Net Income	436 000	477 000	496 000	−96 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	3 536 000	3 114 000	3 109 000	3 013 000
Total Assets	3 536 000	3 114 000	3 109 000	3 013 000
Total Retained Equity	2 895 000	2 459 000	1 982 000	1 486 000
Total Equity	2 995 000	2 559 000	2 082 000	1 586 000
Total Long-Term Debt	0	400 000	900 000	1 400 000
Total Current Debt	541 000	155 000	127 000	27 000
Total Equity and Debt	3 536 000	3 114 000	3 109 000	3 013 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	831 000	1 320 000	1 074 000	20 000
Other Income	0	0	0	0
Revenue	831 000	1 320 000	1 074 000	20 000
Cost of Goods Sold	241 000	631 000	370 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	271 000	680 000	395 000	22 000
Operating Profit	560 000	640 000	679 000	−2 000
Financial Income	0	0	0	0
Financial Costs	1 000	28 000	70 000	94 000
Financial Balance	−1 000	−28 000	−70 000	−94 000
Dividends	0	0	0	0
Net Income	436 000	477 000	496 000	−96 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	2 609 000	2 718 000	3 011 000	2 936 000
Total Investments	0	0	0	0
Cash, Bank	819 000	394 000	98 000	74 000
Total Current Assets	3 536 000	3 114 000	3 109 000	3 013 000
Total Assets	3 536 000	3 114 000	3 109 000	3 013 000
Total Equity	2 995 000	2 559 000	2 082 000	1 586 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	400 000	900 000	1 400 000
Creditors	0	1 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	417 000	20 000	14 000	27 000
Total Current Debt	541 000	155 000	127 000	27 000
Total Equity and Debt	3 536 000	3 114 000	3 109 000	3 013 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,56 %	18,64 %	23,82 %	−6,05 %
Debt-to-Equity Ratio	0	0,16	0,43	0,88
Operating Profit Margin	67,39 %	48,48 %	63,22 %	−10 %
Current Ratio	6,54	20,09	24,48	111,59
Quick Ratio	−1,71	−1,21	−1,08	−1,04
Equity Ratio	0,85	0,82	0,67	0,53
Gross Profit Margin	71 %	52,2 %	65,55 %	100 %