LIETECH AS

4265 HÅVIK

Finances

Share Ownership

Return on Equity

−6,55 %

Current Ratio

1,07

Debt-to-Equity Ratio

4,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 541 000	3 590 000	2 932 000	3 963 000
Net Income	−11 000	639 000	−306 000	−339 000
Total Assets	1 167 000	576 000	556 000	1 052 000
Total Equity	168 000	179 000	−460 000	−149 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 541 000	3 590 000	2 932 000	3 963 000
Expenditure	2 524 000	2 923 000	3 205 000	4 272 000
Operating Profit	17 000	667 000	−274 000	−310 000
Financial Income	0	2 000	5 000	3 000
Financial Costs	28 000	23 000	37 000	36 000
Financial Balance	−28 000	−21 000	−32 000	−33 000
Earnings Before Tax	−11 000	646 000	−306 000	−342 000
Tax	0	7 000	0	−3 000
Net Income	−11 000	639 000	−306 000	−339 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	892 000	175 000	268 000	360 000
Total Current Assets	275 000	401 000	288 000	691 000
Total Assets	1 167 000	576 000	556 000	1 052 000
Total Retained Equity	138 000	149 000	−490 000	−179 000
Total Equity	168 000	179 000	−460 000	−149 000
Total Long-Term Debt	742 000	179 000	705 000	795 000
Total Current Debt	257 000	219 000	311 000	406 000
Total Equity and Debt	1 167 000	576 000	556 000	1 052 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 189 000	3 590 000	2 927 000	3 963 000
Other Income	352 000	0	5 000	0
Revenue	2 541 000	3 590 000	2 932 000	3 963 000
Cost of Goods Sold	1 265 000	2 431 000	2 568 000	3 264 000
Salary Costs	140 000	88 000	172 000	413 000
Depreciation	225 000	92 000	92 000	92 000
Impairment	0	0	0	0
Expenditure	2 524 000	2 923 000	3 205 000	4 272 000
Operating Profit	17 000	667 000	−274 000	−310 000
Financial Income	0	2 000	5 000	3 000
Financial Costs	28 000	23 000	37 000	36 000
Financial Balance	−28 000	−21 000	−32 000	−33 000
Dividends	0	0	0	0
Net Income	−11 000	639 000	−306 000	−339 000

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	892 000	175 000	268 000	360 000
Total Tangible Assets	892 000	175 000	268 000	360 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	892 000	175 000	268 000	360 000
Stock	164 000	316 000	185 000	486 000
Total Investments	0	0	0	0
Cash, Bank	46 000	7 000	7 000	7 000
Total Current Assets	275 000	401 000	288 000	691 000
Total Assets	1 167 000	576 000	556 000	1 052 000
Total Equity	168 000	179 000	−460 000	−149 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	742 000	179 000	705 000	795 000
Creditors	243 000	66 000	28 000	94 000
Unpaid Taxes	2 000	19 000	71 000	70 000
Dividends	0	0	0	0
Other Current Debt	12 000	127 000	212 000	237 000
Total Current Debt	257 000	219 000	311 000	406 000
Total Equity and Debt	1 167 000	576 000	556 000	1 052 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,55 %	356,98 %	66,52 %	227,52 %
Debt-to-Equity Ratio	4,42	1	−1,53	−5,34
Operating Profit Margin	0,67 %	18,58 %	−9,35 %	−7,82 %
Current Ratio	1,07	1,83	0,93	1,7
Quick Ratio	2,96	−4,13	2,29	−8,64
Equity Ratio	0,14	0,31	−0,83	−0,14
Gross Profit Margin	50,22 %	32,28 %	12,41 %	17,64 %