FINN G. LITSHEIM HOLDING AS

6100 VOLDA

Finances

Return on Equity

69,47 %

Current Ratio

1,33

Debt-to-Equity Ratio

2,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 814 000	0	0	0
Net Income	1 183 000	305 000	91 000	31 000
Total Assets	7 225 000	1 147 000	549 000	550 000
Total Equity	1 703 000	519 000	214 000	123 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 814 000	0	0	0
Expenditure	15 000	5 000	11 000	9 000
Operating Profit	1 799 000	−5 000	−11 000	−9 000
Financial Income	1 000	631 000	121 000	171 000
Financial Costs	51 000	10 000	1 000	5 000
Financial Balance	−50 000	621 000	120 000	166 000
Earnings Before Tax	1 749 000	615 000	109 000	156 000
Tax	566 000	310 000	18 000	125 000
Net Income	1 183 000	305 000	91 000	31 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 995 000	245 000	245 000	245 000
Total Current Assets	1 230 000	902 000	304 000	305 000
Total Assets	7 225 000	1 147 000	549 000	550 000
Total Retained Equity	1 673 000	504 000	199 000	108 000
Total Equity	1 703 000	519 000	214 000	123 000
Total Long-Term Debt	4 600 000	0	0	0
Total Current Debt	923 000	628 000	334 000	427 000
Total Equity and Debt	7 225 000	1 147 000	549 000	550 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 814 000	0	0	0
Other Income	0	0	0	0
Revenue	1 814 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	15 000	5 000	11 000	9 000
Operating Profit	1 799 000	−5 000	−11 000	−9 000
Financial Income	1 000	631 000	121 000	171 000
Financial Costs	51 000	10 000	1 000	5 000
Financial Balance	−50 000	621 000	120 000	166 000
Dividends	0	0	0	0
Net Income	1 183 000	305 000	91 000	31 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	5 995 000	245 000	245 000	245 000
Total Fixed Assets	5 995 000	245 000	245 000	245 000
Stock	0	0	0	0
Total Investments	547 000	582 000	0	0
Cash, Bank	683 000	321 000	304 000	305 000
Total Current Assets	1 230 000	902 000	304 000	305 000
Total Assets	7 225 000	1 147 000	549 000	550 000
Total Equity	1 703 000	519 000	214 000	123 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 600 000	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	357 000	318 000	316 000	302 000
Total Current Debt	923 000	628 000	334 000	427 000
Total Equity and Debt	7 225 000	1 147 000	549 000	550 000

Financial indicators	2022	2021	2020	2019
Return on Equity	69,47 %	58,77 %	42,52 %	25,2 %
Debt-to-Equity Ratio	2,7	0	0	0
Operating Profit Margin	99,17 %	-	-	-
Current Ratio	1,33	1,44	0,91	0,71
Quick Ratio	1,33	1,44	0,91	0,71
Equity Ratio	0,24	0,45	0,39	0,22
Gross Profit Margin	100 %	-	-	-