LUFTTEKNIKK AS

1617 FREDRIKSTAD

Finances

Return on Equity

−50,07 %

Current Ratio

1,35

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	34 677 000	31 429 000	22 409 000	16 382 000
Net Income	−1 047 000	−2 880 000	364 000	35 000
Total Assets	7 900 000	6 338 000	7 117 000	5 404 000
Total Equity	2 091 000	−1 362 000	1 518 000	1 154 000

Income (NOK)	2021	2020	2019	2018
Revenue	34 677 000	31 429 000	22 409 000	16 382 000
Expenditure	34 596 000	35 126 000	21 917 000	16 318 000
Operating Profit	80 000	−3 698 000	492 000	64 000
Financial Income	15 000	13 000	1 000	1 000
Financial Costs	432 000	22 000	12 000	11 000
Financial Balance	−417 000	−9 000	−11 000	−10 000
Earnings Before Tax	−337 000	−3 707 000	481 000	54 000
Tax	710 000	−827 000	117 000	20 000
Net Income	−1 047 000	−2 880 000	364 000	35 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	58 000	1 211 000	403 000	399 000
Total Current Assets	7 842 000	5 127 000	6 714 000	5 005 000
Total Assets	7 900 000	6 338 000	7 117 000	5 404 000
Total Retained Equity	−2 509 000	−1 462 000	1 418 000	1 054 000
Total Equity	2 091 000	−1 362 000	1 518 000	1 154 000
Total Long-Term Debt	0	1 175 000	0	0
Total Current Debt	5 809 000	6 525 000	5 599 000	4 250 000
Total Equity and Debt	7 900 000	6 338 000	7 117 000	5 404 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	34 667 000	31 429 000	22 409 000	16 382 000
Other Income	10 000	0	0	0
Revenue	34 677 000	31 429 000	22 409 000	16 382 000
Cost of Goods Sold	20 107 000	19 495 000	14 526 000	10 610 000
Salary Costs	11 929 000	12 785 000	6 281 000	4 601 000
Depreciation	28 000	23 000	18 000	12 000
Impairment	0	0	0	0
Expenditure	34 596 000	35 126 000	21 917 000	16 318 000
Operating Profit	80 000	−3 698 000	492 000	64 000
Financial Income	15 000	13 000	1 000	1 000
Financial Costs	432 000	22 000	12 000	11 000
Financial Balance	−417 000	−9 000	−11 000	−10 000
Dividends	0	0	0	0
Net Income	−1 047 000	−2 880 000	364 000	35 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	710 000	0	9 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	58 000	111 000	13 000	0
Total Tangible Assets	58 000	111 000	13 000	0
Total Fiancial Fixed Assets	0	390 000	390 000	390 000
Total Fixed Assets	58 000	1 211 000	403 000	399 000
Stock	179 000	146 000	226 000	83 000
Total Investments	0	0	0	0
Cash, Bank	1 523 000	1 091 000	1 132 000	620 000
Total Current Assets	7 842 000	5 127 000	6 714 000	5 005 000
Total Assets	7 900 000	6 338 000	7 117 000	5 404 000
Total Equity	2 091 000	−1 362 000	1 518 000	1 154 000
Short-Term Group Debt	156 000	0	0	0
Total Long-Term Debt	0	1 175 000	0	0
Creditors	1 772 000	3 091 000	2 888 000	2 663 000
Unpaid Taxes	2 008 000	1 476 000	1 296 000	708 000
Dividends	0	0	0	0
Other Current Debt	1 873 000	1 958 000	1 307 000	870 000
Total Current Debt	5 809 000	6 525 000	5 599 000	4 250 000
Total Equity and Debt	7 900 000	6 338 000	7 117 000	5 404 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−50,07 %	211,45 %	23,98 %	3,03 %
Debt-to-Equity Ratio	0	−0,86	0	0
Operating Profit Margin	0,23 %	−11,77 %	2,2 %	0,39 %
Current Ratio	1,35	0,79	1,2	1,18
Quick Ratio	1,39	0,8	1,25	1,2
Equity Ratio	0,26	−0,21	0,21	0,21
Gross Profit Margin	42,02 %	37,97 %	35,18 %	35,23 %