LANGSET YARD SERVICES AS

6422 MOLDE

Finances

Return on Equity

−7,11 %

Current Ratio

0,46

Debt-to-Equity Ratio

0,5

Key figures (NOK)	2021	2020	2019	2018
Revenue	51 577 000	82 249 000	150 945 000	106 634 000
Net Income	−511 000	−2 843 000	852 000	−122 000
Total Assets	44 276 000	47 431 000	50 658 000	49 577 000
Total Equity	7 186 000	7 697 000	4 452 000	1 903 000

Income (NOK)	2021	2020	2019	2018
Revenue	51 577 000	82 249 000	150 945 000	106 634 000
Expenditure	51 958 000	85 359 000	149 358 000	105 888 000
Operating Profit	−380 000	−3 110 000	1 587 000	746 000
Financial Income	1 389 000	870 000	1 088 000	222 000
Financial Costs	1 662 000	1 378 000	1 565 000	699 000
Financial Balance	−273 000	−508 000	−477 000	−477 000
Earnings Before Tax	−653 000	−3 617 000	1 109 000	269 000
Tax	−142 000	−775 000	258 000	391 000
Net Income	−511 000	−2 843 000	852 000	−122 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	28 953 000	24 109 000	26 683 000	7 830 000
Total Current Assets	15 324 000	23 322 000	23 974 000	41 746 000
Total Assets	44 276 000	47 431 000	50 658 000	49 577 000
Total Retained Equity	2 734 000	3 245 000	0	1 801 000
Total Equity	7 186 000	7 697 000	4 452 000	1 903 000
Total Long-Term Debt	3 563 000	5 000 000	0	0
Total Current Debt	33 528 000	34 734 000	46 206 000	47 674 000
Total Equity and Debt	44 276 000	47 431 000	50 658 000	49 577 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	51 541 000	81 515 000	150 773 000	106 634 000
Other Income	36 000	734 000	172 000	0
Revenue	51 577 000	82 249 000	150 945 000	106 634 000
Cost of Goods Sold	1 671 000	2 257 000	347 000	638 000
Salary Costs	34 776 000	46 003 000	99 886 000	74 339 000
Depreciation	854 000	940 000	859 000	797 000
Impairment	0	0	0	0
Expenditure	51 958 000	85 359 000	149 358 000	105 888 000
Operating Profit	−380 000	−3 110 000	1 587 000	746 000
Financial Income	1 389 000	870 000	1 088 000	222 000
Financial Costs	1 662 000	1 378 000	1 565 000	699 000
Financial Balance	−273 000	−508 000	−477 000	−477 000
Dividends	0	0	0	0
Net Income	−511 000	−2 843 000	852 000	−122 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	249 000	106 000	1 049 000	2 550 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	693 000	1 501 000	2 441 000	2 567 000
Total Tangible Assets	693 000	1 501 000	2 441 000	2 567 000
Total Fiancial Fixed Assets	28 011 000	22 502 000	23 194 000	2 713 000
Total Fixed Assets	28 953 000	24 109 000	26 683 000	7 830 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 383 000	1 706 000	2 970 000	1 312 000
Total Current Assets	15 324 000	23 322 000	23 974 000	41 746 000
Total Assets	44 276 000	47 431 000	50 658 000	49 577 000
Total Equity	7 186 000	7 697 000	4 452 000	1 903 000
Short-Term Group Debt	531 000	2 773 000	3 345 000	1 502 000
Total Long-Term Debt	3 563 000	5 000 000	0	0
Creditors	726 000	1 125 000	3 965 000	6 460 000
Unpaid Taxes	17 893 000	19 143 000	11 980 000	21 724 000
Dividends	0	0	0	0
Other Current Debt	10 173 000	9 975 000	16 727 000	17 988 000
Total Current Debt	33 528 000	34 734 000	46 206 000	47 674 000
Total Equity and Debt	44 276 000	47 431 000	50 658 000	49 577 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−7,11 %	−36,94 %	19,14 %	−6,41 %
Debt-to-Equity Ratio	0,5	0,65	0	0
Operating Profit Margin	−0,74 %	−3,78 %	1,05 %	0,7 %
Current Ratio	0,46	0,67	0,52	0,88
Quick Ratio	0,46	0,67	0,52	0,88
Equity Ratio	0,16	0,16	0,09	0,04
Gross Profit Margin	96,76 %	97,26 %	99,77 %	99,4 %