LUMIT AS

3440 RØYKEN

Finances

Share Ownership

Return on Equity

−36,23 %

Current Ratio

1,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	813 000	1 668 000	1 248 000	1 695 000
Net Income	−50 000	131 000	−153 000	173 000
Total Assets	484 000	569 000	568 000	489 000
Total Equity	138 000	188 000	57 000	210 000

Income (NOK)	2022	2021	2020	2019
Revenue	813 000	1 668 000	1 248 000	1 695 000
Expenditure	881 000	1 537 000	1 401 000	1 524 000
Operating Profit	−69 000	131 000	−153 000	171 000
Financial Income	11 000	0	0	2 000
Financial Costs	0	0	0	0
Financial Balance	11 000	0	0	2 000
Earnings Before Tax	−58 000	131 000	−153 000	173 000
Tax	−8 000	0	0	0
Net Income	−50 000	131 000	−153 000	173 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 000	26 000	33 000	53 000
Total Current Assets	450 000	542 000	535 000	436 000
Total Assets	484 000	569 000	568 000	489 000
Total Retained Equity	108 000	158 000	27 000	180 000
Total Equity	138 000	188 000	57 000	210 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	346 000	381 000	511 000	279 000
Total Equity and Debt	484 000	569 000	568 000	489 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	813 000	1 663 000	1 248 000	1 695 000
Other Income	0	5 000	0	0
Revenue	813 000	1 668 000	1 248 000	1 695 000
Cost of Goods Sold	322 000	792 000	542 000	830 000
Salary Costs	403 000	527 000	593 000	471 000
Depreciation	0	7 000	20 000	14 000
Impairment	0	0	0	0
Expenditure	881 000	1 537 000	1 401 000	1 524 000
Operating Profit	−69 000	131 000	−153 000	171 000
Financial Income	11 000	0	0	2 000
Financial Costs	0	0	0	0
Financial Balance	11 000	0	0	2 000
Dividends	0	0	0	0
Net Income	−50 000	131 000	−153 000	173 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	26 000	0	0	0
Fixtures	0	26 000	33 000	53 000
Total Tangible Assets	26 000	26 000	33 000	53 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	34 000	26 000	33 000	53 000
Stock	221 000	221 000	247 000	232 000
Total Investments	0	0	0	0
Cash, Bank	31 000	26 000	9 000	62 000
Total Current Assets	450 000	542 000	535 000	436 000
Total Assets	484 000	569 000	568 000	489 000
Total Equity	138 000	188 000	57 000	210 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	77 000	62 000	56 000	44 000
Unpaid Taxes	28 000	32 000	28 000	53 000
Dividends	0	0	0	0
Other Current Debt	215 000	260 000	401 000	157 000
Total Current Debt	346 000	381 000	511 000	279 000
Total Equity and Debt	484 000	569 000	568 000	489 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−36,23 %	69,68 %	−268,42 %	82,38 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−8,49 %	7,85 %	−12,26 %	10,09 %
Current Ratio	1,3	1,42	1,05	1,56
Quick Ratio	3,6	3,39	2,03	9,28
Equity Ratio	0,29	0,33	0,1	0,43
Gross Profit Margin	60,39 %	52,52 %	56,57 %	51,03 %