LANDVIKSTRANDA AS

4886 GRIMSTAD

Finances

Share Ownership

Return on Equity

28,77 %

Current Ratio

0,68

Debt-to-Equity Ratio

0,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	748 000	297 000	258 000	386 000
Net Income	63 000	50 000	−45 000	−47 000
Total Assets	593 000	409 000	275 000	487 000
Total Equity	219 000	156 000	−212 000	−167 000

Income (NOK)	2022	2021	2020	2019
Revenue	748 000	297 000	258 000	386 000
Expenditure	676 000	248 000	303 000	433 000
Operating Profit	71 000	50 000	−46 000	−46 000
Financial Income	0	0	0	0
Financial Costs	9 000	0	0	0
Financial Balance	−9 000	0	0	0
Earnings Before Tax	63 000	50 000	−45 000	−47 000
Tax	0	0	0	0
Net Income	63 000	50 000	−45 000	−47 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	417 000	250 000	183 000	241 000
Total Current Assets	177 000	159 000	93 000	246 000
Total Assets	593 000	409 000	275 000	487 000
Total Retained Equity	63 000	0	−312 000	−267 000
Total Equity	219 000	156 000	−212 000	−167 000
Total Long-Term Debt	112 000	116 000	472 000	570 000
Total Current Debt	262 000	137 000	16 000	83 000
Total Equity and Debt	593 000	409 000	275 000	487 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	620 000	185 000	138 000	247 000
Other Income	128 000	112 000	120 000	139 000
Revenue	748 000	297 000	258 000	386 000
Cost of Goods Sold	388 000	31 000	7 000	66 000
Salary Costs	4 000	0	3 000	17 000
Depreciation	63 000	53 000	58 000	104 000
Impairment	0	0	0	0
Expenditure	676 000	248 000	303 000	433 000
Operating Profit	71 000	50 000	−46 000	−46 000
Financial Income	0	0	0	0
Financial Costs	9 000	0	0	0
Financial Balance	−9 000	0	0	0
Dividends	0	0	0	0
Net Income	63 000	50 000	−45 000	−47 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	242 000	148 000	80 000	85 000
Machinery and Plant Facilities	46 000	0	0	0
Fixtures	128 000	102 000	103 000	156 000
Total Tangible Assets	417 000	250 000	183 000	241 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	417 000	250 000	183 000	241 000
Stock	82 000	64 000	0	7 000
Total Investments	0	0	0	0
Cash, Bank	0	74 000	82 000	227 000
Total Current Assets	177 000	159 000	93 000	246 000
Total Assets	593 000	409 000	275 000	487 000
Total Equity	219 000	156 000	−212 000	−167 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	112 000	116 000	472 000	570 000
Creditors	31 000	137 000	14 000	80 000
Unpaid Taxes	5 000	0	1 000	2 000
Dividends	0	0	0	0
Other Current Debt	54 000	0	0	2 000
Total Current Debt	262 000	137 000	16 000	83 000
Total Equity and Debt	593 000	409 000	275 000	487 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,77 %	32,05 %	21,23 %	28,14 %
Debt-to-Equity Ratio	0,51	0,74	−2,23	−3,41
Operating Profit Margin	9,49 %	16,84 %	−17,83 %	−11,92 %
Current Ratio	0,68	1,16	5,81	2,96
Quick Ratio	0,98	2,18	5,81	3,24
Equity Ratio	0,37	0,38	−0,77	−0,34
Gross Profit Margin	48,13 %	89,56 %	97,29 %	82,9 %