BRØDR LITZHEIM AS

1940 BJØRKELANGEN

Finances

Share Ownership

Return on Equity

41,79 %

Current Ratio

1,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 954 000	24 283 000	19 539 000	22 600 000
Net Income	911 000	1 586 000	1 504 000	2 122 000
Total Assets	9 399 000	12 050 000	10 067 000	12 446 000
Total Equity	2 180 000	2 500 000	5 000 000	5 000 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 954 000	24 283 000	19 539 000	22 600 000
Expenditure	22 724 000	22 234 000	17 609 000	19 745 000
Operating Profit	1 231 000	2 049 000	1 931 000	2 854 000
Financial Income	3 000	2 000	17 000	16 000
Financial Costs	13 000	10 000	16 000	120 000
Financial Balance	−10 000	−8 000	1 000	−104 000
Earnings Before Tax	1 220 000	2 041 000	1 932 000	2 750 000
Tax	309 000	455 000	427 000	628 000
Net Income	911 000	1 586 000	1 504 000	2 122 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	607 000	81 000	94 000	238 000
Total Current Assets	8 792 000	11 968 000	9 973 000	12 208 000
Total Assets	9 399 000	12 050 000	10 067 000	12 446 000
Total Retained Equity	2 093 000	2 413 000	4 913 000	4 913 000
Total Equity	2 180 000	2 500 000	5 000 000	5 000 000
Total Long-Term Debt	0	498 000	322 000	546 000
Total Current Debt	7 219 000	9 051 000	4 745 000	6 900 000
Total Equity and Debt	9 399 000	12 050 000	10 067 000	12 446 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 096 000	24 142 000	19 469 000	22 600 000
Other Income	−142 000	142 000	70 000	0
Revenue	23 954 000	24 283 000	19 539 000	22 600 000
Cost of Goods Sold	13 903 000	13 533 000	10 421 000	11 983 000
Salary Costs	6 780 000	6 928 000	5 715 000	6 231 000
Depreciation	40 000	47 000	57 000	58 000
Impairment	0	0	0	0
Expenditure	22 724 000	22 234 000	17 609 000	19 745 000
Operating Profit	1 231 000	2 049 000	1 931 000	2 854 000
Financial Income	3 000	2 000	17 000	16 000
Financial Costs	13 000	10 000	16 000	120 000
Financial Balance	−10 000	−8 000	1 000	−104 000
Dividends	0	0	0	0
Net Income	911 000	1 586 000	1 504 000	2 122 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	566 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	41 000	81 000	94 000	147 000
Total Tangible Assets	41 000	81 000	94 000	147 000
Total Fiancial Fixed Assets	0	0	0	91 000
Total Fixed Assets	607 000	81 000	94 000	238 000
Stock	0	0	0	10 000
Total Investments	0	0	0	0
Cash, Bank	1 964 000	2 200 000	986 000	3 178 000
Total Current Assets	8 792 000	11 968 000	9 973 000	12 208 000
Total Assets	9 399 000	12 050 000	10 067 000	12 446 000
Total Equity	2 180 000	2 500 000	5 000 000	5 000 000
Short-Term Group Debt	1 578 000	4 365 000	1 929 000	3 342 000
Total Long-Term Debt	0	498 000	322 000	546 000
Creditors	554 000	479 000	1 301 000	956 000
Unpaid Taxes	2 398 000	1 288 000	847 000	1 511 000
Dividends	0	0	0	0
Other Current Debt	1 662 000	2 919 000	442 000	1 092 000
Total Current Debt	7 219 000	9 051 000	4 745 000	6 900 000
Total Equity and Debt	9 399 000	12 050 000	10 067 000	12 446 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,79 %	63,44 %	30,08 %	42,44 %
Debt-to-Equity Ratio	0	0,2	0,06	0,11
Operating Profit Margin	5,14 %	8,44 %	9,88 %	12,63 %
Current Ratio	1,22	1,32	2,1	1,77
Quick Ratio	1,22	1,32	2,1	1,77
Equity Ratio	0,23	0,21	0,5	0,4
Gross Profit Margin	41,96 %	44,27 %	46,67 %	46,98 %