LANGSETH SERVICES AS

0680 OSLO

Finances

Share Ownership

Return on Equity

116,96 %

Current Ratio

0,97

Debt-to-Equity Ratio

0,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 938 000	22 648 000	17 848 000	15 004 000
Net Income	1 062 000	1 708 000	1 565 000	999 000
Total Assets	7 313 000	8 440 000	5 337 000	5 390 000
Total Equity	908 000	908 000	908 000	908 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 938 000	22 648 000	17 848 000	15 004 000
Expenditure	24 580 000	20 460 000	15 826 000	13 686 000
Operating Profit	1 358 000	2 188 000	2 021 000	1 318 000
Financial Income	4 000	2 000	2 000	2 000
Financial Costs	0	0	17 000	38 000
Financial Balance	4 000	2 000	−15 000	−36 000
Earnings Before Tax	1 362 000	2 190 000	2 007 000	1 281 000
Tax	300 000	482 000	442 000	282 000
Net Income	1 062 000	1 708 000	1 565 000	999 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 601 000	2 181 000	1 174 000	1 454 000
Total Current Assets	5 712 000	6 259 000	4 163 000	3 936 000
Total Assets	7 313 000	8 440 000	5 337 000	5 390 000
Total Retained Equity	708 000	708 000	708 000	708 000
Total Equity	908 000	908 000	908 000	908 000
Total Long-Term Debt	517 000	969 000	0	694 000
Total Current Debt	5 888 000	6 563 000	4 429 000	3 787 000
Total Equity and Debt	7 313 000	8 440 000	5 337 000	5 390 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 938 000	22 378 000	17 585 000	14 736 000
Other Income	0	269 000	263 000	268 000
Revenue	25 938 000	22 648 000	17 848 000	15 004 000
Cost of Goods Sold	4 287 000	4 145 000	426 000	260 000
Salary Costs	16 092 000	12 670 000	9 422 000	10 734 000
Depreciation	606 000	450 000	398 000	381 000
Impairment	0	0	0	0
Expenditure	24 580 000	20 460 000	15 826 000	13 686 000
Operating Profit	1 358 000	2 188 000	2 021 000	1 318 000
Financial Income	4 000	2 000	2 000	2 000
Financial Costs	0	0	17 000	38 000
Financial Balance	4 000	2 000	−15 000	−36 000
Dividends	1 062 000	1 708 000	1 565 000	996 000
Net Income	1 062 000	1 708 000	1 565 000	999 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 377 000	1 846 000	636 000	788 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	224 000	335 000	538 000	666 000
Total Tangible Assets	224 000	335 000	538 000	666 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 601 000	2 181 000	1 174 000	1 454 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 970 000	2 252 000	1 280 000	1 278 000
Total Current Assets	5 712 000	6 259 000	4 163 000	3 936 000
Total Assets	7 313 000	8 440 000	5 337 000	5 390 000
Total Equity	908 000	908 000	908 000	908 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	517 000	969 000	0	694 000
Creditors	351 000	628 000	80 000	509 000
Unpaid Taxes	1 558 000	1 553 000	1 013 000	801 000
Dividends	1 062 000	1 708 000	1 565 000	996 000
Other Current Debt	2 630 000	2 184 000	1 314 000	1 212 000
Total Current Debt	5 888 000	6 563 000	4 429 000	3 787 000
Total Equity and Debt	7 313 000	8 440 000	5 337 000	5 390 000

Financial indicators	2022	2021	2020	2019
Return on Equity	116,96 %	188,11 %	172,36 %	110,02 %
Debt-to-Equity Ratio	0,57	1,07	0	0,76
Operating Profit Margin	5,24 %	9,66 %	11,32 %	8,78 %
Current Ratio	0,97	0,95	0,94	1,04
Quick Ratio	0,97	0,95	0,94	1,04
Equity Ratio	0,12	0,11	0,17	0,17
Gross Profit Margin	83,47 %	81,7 %	97,61 %	98,27 %