LANDARK AS

8890 LEIRFJORD

Finances

Share Ownership

Return on Equity

56,88 %

Current Ratio

2,42

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 222 000	1 393 000	1 360 000	1 762 000
Net Income	529 000	−8 000	−158 000	309 000
Total Assets	1 667 000	1 105 000	1 104 000	1 360 000
Total Equity	930 000	400 000	408 000	566 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 222 000	1 393 000	1 360 000	1 762 000
Expenditure	1 531 000	1 385 000	1 550 000	1 356 000
Operating Profit	691 000	8 000	−190 000	407 000
Financial Income	1 000	0	2 000	2 000
Financial Costs	13 000	18 000	14 000	13 000
Financial Balance	−12 000	−18 000	−12 000	−11 000
Earnings Before Tax	679 000	−10 000	−202 000	396 000
Tax	149 000	−2 000	−45 000	87 000
Net Income	529 000	−8 000	−158 000	309 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	283 000	325 000	416 000	496 000
Total Current Assets	1 384 000	779 000	688 000	864 000
Total Assets	1 667 000	1 105 000	1 104 000	1 360 000
Total Retained Equity	760 000	230 000	238 000	396 000
Total Equity	930 000	400 000	408 000	566 000
Total Long-Term Debt	165 000	375 000	409 000	455 000
Total Current Debt	573 000	329 000	287 000	339 000
Total Equity and Debt	1 667 000	1 105 000	1 104 000	1 360 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 222 000	1 393 000	1 360 000	1 762 000
Other Income	0	0	0	0
Revenue	2 222 000	1 393 000	1 360 000	1 762 000
Cost of Goods Sold	19 000	14 000	23 000	35 000
Salary Costs	1 145 000	1 031 000	1 151 000	1 104 000
Depreciation	80 000	93 000	101 000	46 000
Impairment	0	0	0	0
Expenditure	1 531 000	1 385 000	1 550 000	1 356 000
Operating Profit	691 000	8 000	−190 000	407 000
Financial Income	1 000	0	2 000	2 000
Financial Costs	13 000	18 000	14 000	13 000
Financial Balance	−12 000	−18 000	−12 000	−11 000
Dividends	0	0	0	0
Net Income	529 000	−8 000	−158 000	309 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 000	2 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	276 000	324 000	416 000	496 000
Total Tangible Assets	276 000	324 000	416 000	496 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	283 000	325 000	416 000	496 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	662 000	549 000	271 000	454 000
Total Current Assets	1 384 000	779 000	688 000	864 000
Total Assets	1 667 000	1 105 000	1 104 000	1 360 000
Total Equity	930 000	400 000	408 000	566 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	165 000	375 000	409 000	455 000
Creditors	6 000	4 000	13 000	41 000
Unpaid Taxes	298 000	212 000	163 000	135 000
Dividends	0	0	0	0
Other Current Debt	113 000	111 000	111 000	107 000
Total Current Debt	573 000	329 000	287 000	339 000
Total Equity and Debt	1 667 000	1 105 000	1 104 000	1 360 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,88 %	−2 %	−38,73 %	54,59 %
Debt-to-Equity Ratio	0,18	0,94	1	0,8
Operating Profit Margin	31,1 %	0,57 %	−13,97 %	23,1 %
Current Ratio	2,42	2,37	2,4	2,55
Quick Ratio	2,42	2,37	2,4	2,55
Equity Ratio	0,56	0,36	0,37	0,42
Gross Profit Margin	99,14 %	98,99 %	98,31 %	98,01 %