LATEGNE EIENDOM AS

4515 MANDAL

Finances

Share Ownership

Return on Equity

−32,98 %

Current Ratio

1,36

Debt-to-Equity Ratio

−3,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 003 000	1 781 000	1 525 000	1 469 000
Net Income	250 000	286 000	236 000	142 000
Total Assets	2 169 000	2 163 000	2 151 000	2 027 000
Total Equity	−758 000	−1 008 000	−1 294 000	−1 530 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 003 000	1 781 000	1 525 000	1 469 000
Expenditure	1 602 000	1 389 000	1 127 000	1 173 000
Operating Profit	402 000	392 000	399 000	296 000
Financial Income	0	0	0	0
Financial Costs	152 000	107 000	163 000	154 000
Financial Balance	−152 000	−107 000	−163 000	−154 000
Earnings Before Tax	250 000	286 000	236 000	142 000
Tax	0	0	0	0
Net Income	250 000	286 000	236 000	142 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 559 000	1 555 000	1 574 000	1 560 000
Total Current Assets	610 000	607 000	577 000	467 000
Total Assets	2 169 000	2 163 000	2 151 000	2 027 000
Total Retained Equity	−1 233 000	−1 483 000	−1 769 000	−2 005 000
Total Equity	−758 000	−1 008 000	−1 294 000	−1 530 000
Total Long-Term Debt	2 477 000	2 761 000	3 044 000	3 256 000
Total Current Debt	450 000	411 000	401 000	301 000
Total Equity and Debt	2 169 000	2 163 000	2 151 000	2 027 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 003 000	1 804 000	1 525 000	1 269 000
Other Income	0	−23 000	0	200 000
Revenue	2 003 000	1 781 000	1 525 000	1 469 000
Cost of Goods Sold	51 000	58 000	36 000	17 000
Salary Costs	972 000	879 000	745 000	554 000
Depreciation	20 000	11 000	14 000	1 000
Impairment	0	0	0	0
Expenditure	1 602 000	1 389 000	1 127 000	1 173 000
Operating Profit	402 000	392 000	399 000	296 000
Financial Income	0	0	0	0
Financial Costs	152 000	107 000	163 000	154 000
Financial Balance	−152 000	−107 000	−163 000	−154 000
Dividends	0	0	0	0
Net Income	250 000	286 000	236 000	142 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 490 000	1 490 000	1 490 000	1 490 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	69 000	29 000	48 000	34 000
Total Tangible Assets	1 559 000	1 519 000	1 538 000	1 524 000
Total Fiancial Fixed Assets	0	36 000	36 000	36 000
Total Fixed Assets	1 559 000	1 555 000	1 574 000	1 560 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	70 000	67 000	117 000	266 000
Total Current Assets	610 000	607 000	577 000	467 000
Total Assets	2 169 000	2 163 000	2 151 000	2 027 000
Total Equity	−758 000	−1 008 000	−1 294 000	−1 530 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 477 000	2 761 000	3 044 000	3 256 000
Creditors	212 000	116 000	83 000	21 000
Unpaid Taxes	135 000	132 000	120 000	96 000
Dividends	0	0	0	0
Other Current Debt	102 000	163 000	199 000	184 000
Total Current Debt	450 000	411 000	401 000	301 000
Total Equity and Debt	2 169 000	2 163 000	2 151 000	2 027 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−32,98 %	−28,37 %	−18,24 %	−9,28 %
Debt-to-Equity Ratio	−3,27	−2,74	−2,35	−2,13
Operating Profit Margin	20,07 %	22,01 %	26,16 %	20,15 %
Current Ratio	1,36	1,48	1,44	1,55
Quick Ratio	1,36	1,48	1,44	1,55
Equity Ratio	−0,35	−0,47	−0,6	−0,75
Gross Profit Margin	97,45 %	96,74 %	97,64 %	98,84 %