LANGVIN AS

6843 SKEI I JØLSTER

Finances

Return on Equity

95,5 %

Current Ratio

0,21

Debt-to-Equity Ratio

−0,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 762 000	5 119 000	1 597 000	1 528 000
Net Income	−742 000	−744 000	−86 000	−1 253 000
Total Assets	8 379 000	9 173 000	8 852 000	14 250 000
Total Equity	−777 000	−35 000	709 000	795 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 762 000	5 119 000	1 597 000	1 528 000
Expenditure	8 491 000	5 866 000	2 595 000	3 102 000
Operating Profit	−729 000	−746 000	−998 000	−1 575 000
Financial Income	16 000	14 000	724 000	10 000
Financial Costs	28 000	12 000	0	0
Financial Balance	−12 000	2 000	724 000	10 000
Earnings Before Tax	−742 000	−744 000	−275 000	−1 564 000
Tax	0	0	−188 000	−312 000
Net Income	−742 000	−744 000	−86 000	−1 253 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 587 000	7 756 000	8 520 000	10 444 000
Total Current Assets	1 791 000	1 416 000	332 000	3 806 000
Total Assets	8 379 000	9 173 000	8 852 000	14 250 000
Total Retained Equity	−3 512 000	−2 770 000	−2 025 000	−1 939 000
Total Equity	−777 000	−35 000	709 000	795 000
Total Long-Term Debt	500 000	500 000	500 000	688 000
Total Current Debt	8 656 000	8 708 000	7 643 000	12 766 000
Total Equity and Debt	8 379 000	9 173 000	8 852 000	14 250 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 895 000	4 876 000	1 053 000	1 318 000
Other Income	867 000	243 000	544 000	209 000
Revenue	7 762 000	5 119 000	1 597 000	1 528 000
Cost of Goods Sold	4 740 000	3 361 000	116 000	117 000
Salary Costs	115 000	89 000	61 000	137 000
Depreciation	1 331 000	1 230 000	1 146 000	802 000
Impairment	0	0	0	0
Expenditure	8 491 000	5 866 000	2 595 000	3 102 000
Operating Profit	−729 000	−746 000	−998 000	−1 575 000
Financial Income	16 000	14 000	724 000	10 000
Financial Costs	28 000	12 000	0	0
Financial Balance	−12 000	2 000	724 000	10 000
Dividends	0	0	0	0
Net Income	−742 000	−744 000	−86 000	−1 253 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 281 000	5 727 000	6 687 000	8 605 000
Machinery and Plant Facilities	673 000	972 000	0	0
Fixtures	621 000	1 044 000	1 832 000	1 829 000
Total Tangible Assets	6 575 000	7 744 000	8 520 000	10 434 000
Total Fiancial Fixed Assets	12 000	12 000	1 000	10 000
Total Fixed Assets	6 587 000	7 756 000	8 520 000	10 444 000
Stock	742 000	444 000	0	0
Total Investments	0	0	0	0
Cash, Bank	73 000	84 000	45 000	302 000
Total Current Assets	1 791 000	1 416 000	332 000	3 806 000
Total Assets	8 379 000	9 173 000	8 852 000	14 250 000
Total Equity	−777 000	−35 000	709 000	795 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	500 000	500 000	500 000	688 000
Creditors	2 783 000	3 571 000	3 052 000	4 279 000
Unpaid Taxes	10 000	4 000	8 000	3 000
Dividends	0	0	0	0
Other Current Debt	5 114 000	5 023 000	4 583 000	8 484 000
Total Current Debt	8 656 000	8 708 000	7 643 000	12 766 000
Total Equity and Debt	8 379 000	9 173 000	8 852 000	14 250 000

Financial indicators	2022	2021	2020	2019
Return on Equity	95,5 %	2 125,71 %	−12,13 %	−157,61 %
Debt-to-Equity Ratio	−0,64	−14,29	0,71	0,87
Operating Profit Margin	−9,39 %	−14,57 %	−62,49 %	−103,08 %
Current Ratio	0,21	0,16	0,04	0,3
Quick Ratio	0,23	0,17	0,04	0,3
Equity Ratio	−0,09	−0	0,08	0,06
Gross Profit Margin	38,93 %	34,34 %	92,74 %	92,34 %