LITVO AS

5708 VOSS

Finances

Share Ownership

Return on Equity

−32,99 %

Current Ratio

0,72

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	39 000	14 000	2 216 000
Net Income	−65 000	−72 000	201 000
Total Assets	551 000	612 000	1 097 000
Total Equity	197 000	262 000	334 000

Income (NOK)	2022	2021	2020
Revenue	39 000	14 000	2 216 000
Expenditure	107 000	87 000	1 946 000
Operating Profit	−68 000	−73 000	270 000
Financial Income	1 000	1 000	0
Financial Costs	2 000	0	10 000
Financial Balance	−1 000	1 000	−10 000
Earnings Before Tax	−69 000	−72 000	260 000
Tax	−4 000	0	59 000
Net Income	−65 000	−72 000	201 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	295 000	308 000	0
Total Current Assets	255 000	304 000	1 097 000
Total Assets	551 000	612 000	1 097 000
Total Retained Equity	167 000	232 000	304 000
Total Equity	197 000	262 000	334 000
Total Long-Term Debt	0	0	0
Total Current Debt	354 000	350 000	764 000
Total Equity and Debt	551 000	612 000	1 097 000

Cash flow (NOK)	2022	2021	2020
Sales Income	39 000	14 000	2 216 000
Other Income	0	0	0
Revenue	39 000	14 000	2 216 000
Cost of Goods Sold	3 000	6 000	14 000
Salary Costs	61 000	7 000	1 719 000
Depreciation	18 000	18 000	0
Impairment	0	0	0
Expenditure	107 000	87 000	1 946 000
Operating Profit	−68 000	−73 000	270 000
Financial Income	1 000	1 000	0
Financial Costs	2 000	0	10 000
Financial Balance	−1 000	1 000	−10 000
Dividends	0	0	0
Net Income	−65 000	−72 000	201 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	4 000	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	308 000	0
Fixtures	291 000	0	0
Total Tangible Assets	291 000	308 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	295 000	308 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	255 000	304 000	872 000
Total Current Assets	255 000	304 000	1 097 000
Total Assets	551 000	612 000	1 097 000
Total Equity	197 000	262 000	334 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	5 000	0	0
Unpaid Taxes	2 000	−3 000	188 000
Dividends	0	0	0
Other Current Debt	406 000	412 000	576 000
Total Current Debt	354 000	350 000	764 000
Total Equity and Debt	551 000	612 000	1 097 000

Financial indicators	2022	2021	2020
Return on Equity	−32,99 %	−27,48 %	60,18 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	−174,36 %	−521,43 %	12,18 %
Current Ratio	0,72	0,87	1,44
Quick Ratio	0,72	0,87	1,44
Equity Ratio	0,36	0,43	0,3
Gross Profit Margin	92,31 %	57,14 %	99,37 %