LANGØYVEIEN 16 AS

1606 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

17,31 %

Current Ratio

2,79

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 454 000	1 407 000	1 383 000	1 359 000
Net Income	953 000	850 000	870 000	833 000
Total Assets	5 878 000	5 491 000	6 142 000	5 424 000
Total Equity	5 504 000	4 551 000	3 701 000	2 831 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 454 000	1 407 000	1 383 000	1 359 000
Expenditure	218 000	264 000	205 000	186 000
Operating Profit	1 236 000	1 143 000	1 178 000	1 172 000
Financial Income	12 000	0	0	1 000
Financial Costs	19 000	45 000	60 000	105 000
Financial Balance	−7 000	−45 000	−60 000	−104 000
Earnings Before Tax	1 230 000	1 098 000	1 118 000	1 068 000
Tax	277 000	248 000	248 000	235 000
Net Income	953 000	850 000	870 000	833 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 836 000	4 968 000	5 101 000	5 234 000
Total Current Assets	1 042 000	523 000	1 041 000	190 000
Total Assets	5 878 000	5 491 000	6 142 000	5 424 000
Total Retained Equity	5 474 000	4 521 000	3 671 000	2 801 000
Total Equity	5 504 000	4 551 000	3 701 000	2 831 000
Total Long-Term Debt	0	616 000	2 116 000	2 119 000
Total Current Debt	374 000	324 000	326 000	474 000
Total Equity and Debt	5 878 000	5 491 000	6 142 000	5 424 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	3 000	0	0
Other Income	1 454 000	1 404 000	1 383 000	1 359 000
Revenue	1 454 000	1 407 000	1 383 000	1 359 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	132 000	133 000	133 000	133 000
Impairment	0	0	0	0
Expenditure	218 000	264 000	205 000	186 000
Operating Profit	1 236 000	1 143 000	1 178 000	1 172 000
Financial Income	12 000	0	0	1 000
Financial Costs	19 000	45 000	60 000	105 000
Financial Balance	−7 000	−45 000	−60 000	−104 000
Dividends	0	0	0	0
Net Income	953 000	850 000	870 000	833 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 836 000	4 968 000	5 101 000	5 234 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 836 000	4 968 000	5 101 000	5 234 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 836 000	4 968 000	5 101 000	5 234 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 025 000	507 000	1 026 000	190 000
Total Current Assets	1 042 000	523 000	1 041 000	190 000
Total Assets	5 878 000	5 491 000	6 142 000	5 424 000
Total Equity	5 504 000	4 551 000	3 701 000	2 831 000
Short-Term Group Debt	0	0	0	225 000
Total Long-Term Debt	0	616 000	2 116 000	2 119 000
Creditors	36 000	16 000	16 000	1 000
Unpaid Taxes	60 000	59 000	58 000	56 000
Dividends	0	0	0	0
Other Current Debt	1 000	1 000	1 000	1 000
Total Current Debt	374 000	324 000	326 000	474 000
Total Equity and Debt	5 878 000	5 491 000	6 142 000	5 424 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,31 %	18,68 %	23,51 %	29,42 %
Debt-to-Equity Ratio	0	0,14	0,57	0,75
Operating Profit Margin	85,01 %	81,24 %	85,18 %	86,24 %
Current Ratio	2,79	1,61	3,19	0,4
Quick Ratio	2,79	1,61	3,19	0,4
Equity Ratio	0,94	0,83	0,6	0,52
Gross Profit Margin	100 %	100 %	100 %	100 %