LITO HÅRDESIGN AS

4876 GRIMSTAD

Finances

Share Ownership

Return on Equity

25,15 %

Current Ratio

1,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 310 000	3 617 000	3 150 000	3 563 000
Net Income	85 000	75 000	149 000	309 000
Total Assets	1 244 000	1 285 000	1 342 000	1 411 000
Total Equity	338 000	413 000	374 000	425 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 310 000	3 617 000	3 150 000	3 563 000
Expenditure	3 200 000	3 521 000	2 959 000	3 166 000
Operating Profit	110 000	96 000	191 000	396 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Earnings Before Tax	109 000	96 000	191 000	396 000
Tax	24 000	21 000	42 000	87 000
Net Income	85 000	75 000	149 000	309 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	180 000	0	0	0
Total Current Assets	1 064 000	1 285 000	1 342 000	1 411 000
Total Assets	1 244 000	1 285 000	1 342 000	1 411 000
Total Retained Equity	308 000	383 000	344 000	395 000
Total Equity	338 000	413 000	374 000	425 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	906 000	871 000	968 000	986 000
Total Equity and Debt	1 244 000	1 285 000	1 342 000	1 411 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 305 000	3 613 000	3 120 000	3 563 000
Other Income	4 000	4 000	30 000	0
Revenue	3 310 000	3 617 000	3 150 000	3 563 000
Cost of Goods Sold	518 000	557 000	476 000	549 000
Salary Costs	2 110 000	2 459 000	1 997 000	2 070 000
Depreciation	27 000	0	0	56 000
Impairment	0	0	0	0
Expenditure	3 200 000	3 521 000	2 959 000	3 166 000
Operating Profit	110 000	96 000	191 000	396 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Dividends	160 000	35 000	200 000	200 000
Net Income	85 000	75 000	149 000	309 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	180 000	0	0	0
Total Tangible Assets	180 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	180 000	0	0	0
Stock	183 000	157 000	158 000	134 000
Total Investments	0	0	0	0
Cash, Bank	835 000	1 095 000	1 122 000	1 237 000
Total Current Assets	1 064 000	1 285 000	1 342 000	1 411 000
Total Assets	1 244 000	1 285 000	1 342 000	1 411 000
Total Equity	338 000	413 000	374 000	425 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	86 000	89 000	74 000	37 000
Unpaid Taxes	231 000	281 000	256 000	258 000
Dividends	160 000	35 000	200 000	200 000
Other Current Debt	405 000	445 000	397 000	403 000
Total Current Debt	906 000	871 000	968 000	986 000
Total Equity and Debt	1 244 000	1 285 000	1 342 000	1 411 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,15 %	18,16 %	39,84 %	72,71 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,32 %	2,65 %	6,06 %	11,11 %
Current Ratio	1,17	1,48	1,39	1,43
Quick Ratio	1,47	1,8	1,66	1,66
Equity Ratio	0,27	0,32	0,28	0,3
Gross Profit Margin	84,35 %	84,6 %	84,89 %	84,59 %