L.E.T.T. AS

0352 OSLO

Finances

Share Ownership

Return on Equity

−120,88 %

Current Ratio

0,18

Debt-to-Equity Ratio

0,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	56 249 000	33 446 000	28 073 000	29 382 000
Net Income	−15 885 000	−948 000	−339 000	−217 000
Total Assets	42 505 000	35 364 000	31 912 000	23 627 000
Total Equity	13 141 000	19 918 000	20 321 000	6 279 000

Income (NOK)	2022	2021	2020	2019
Revenue	56 249 000	33 446 000	28 073 000	29 382 000
Expenditure	72 116 000	33 811 000	27 721 000	28 944 000
Operating Profit	−15 866 000	−364 000	351 000	438 000
Financial Income	270 000	1 000	0	3 000
Financial Costs	1 168 000	586 000	690 000	658 000
Financial Balance	−898 000	−585 000	−690 000	−655 000
Earnings Before Tax	−16 765 000	−948 000	−339 000	−217 000
Tax	0	0	0	0
Net Income	−15 885 000	−948 000	−339 000	−217 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	38 794 000	25 576 000	20 193 000	16 006 000
Total Current Assets	3 712 000	9 788 000	11 719 000	7 621 000
Total Assets	42 505 000	35 364 000	31 912 000	23 627 000
Total Retained Equity	−25 923 000	−10 038 000	−9 090 000	−8 751 000
Total Equity	13 141 000	19 918 000	20 321 000	6 279 000
Total Long-Term Debt	8 971 000	8 246 000	7 790 000	10 445 000
Total Current Debt	20 393 000	7 200 000	3 800 000	6 903 000
Total Equity and Debt	42 505 000	35 364 000	31 912 000	23 627 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	56 011 000	31 849 000	27 215 000	29 382 000
Other Income	238 000	1 597 000	858 000	0
Revenue	56 249 000	33 446 000	28 073 000	29 382 000
Cost of Goods Sold	16 157 000	9 287 000	7 900 000	7 471 000
Salary Costs	25 678 000	12 719 000	9 388 000	11 501 000
Depreciation	3 148 000	2 379 000	2 790 000	2 609 000
Impairment	230 000	0	0	0
Expenditure	72 116 000	33 811 000	27 721 000	28 944 000
Operating Profit	−15 866 000	−364 000	351 000	438 000
Financial Income	270 000	1 000	0	3 000
Financial Costs	1 168 000	586 000	690 000	658 000
Financial Balance	−898 000	−585 000	−690 000	−655 000
Dividends	0	0	0	0
Net Income	−15 885 000	−948 000	−339 000	−217 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 220 000	825 000	711 000	132 000
Real Eastate	737 000	0	0	0
Machinery and Plant Facilities	90 000	0	0	0
Fixtures	6 036 000	5 255 000	3 155 000	4 819 000
Total Tangible Assets	6 862 000	5 255 000	3 155 000	4 819 000
Total Fiancial Fixed Assets	28 711 000	19 496 000	16 327 000	11 055 000
Total Fixed Assets	38 794 000	25 576 000	20 193 000	16 006 000
Stock	1 091 000	571 000	363 000	344 000
Total Investments	0	0	0	0
Cash, Bank	940 000	707 000	371 000	210 000
Total Current Assets	3 712 000	9 788 000	11 719 000	7 621 000
Total Assets	42 505 000	35 364 000	31 912 000	23 627 000
Total Equity	13 141 000	19 918 000	20 321 000	6 279 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 971 000	8 246 000	7 790 000	10 445 000
Creditors	4 872 000	2 352 000	1 326 000	2 071 000
Unpaid Taxes	1 356 000	951 000	357 000	648 000
Dividends	0	0	0	0
Other Current Debt	12 568 000	2 623 000	2 095 000	3 276 000
Total Current Debt	20 393 000	7 200 000	3 800 000	6 903 000
Total Equity and Debt	42 505 000	35 364 000	31 912 000	23 627 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−120,88 %	−4,76 %	−1,67 %	−3,46 %
Debt-to-Equity Ratio	0,68	0,41	0,38	1,66
Operating Profit Margin	−28,21 %	−1,09 %	1,25 %	1,49 %
Current Ratio	0,18	1,36	3,08	1,1
Quick Ratio	0,19	1,48	3,41	1,16
Equity Ratio	0,31	0,56	0,64	0,27
Gross Profit Margin	71,28 %	72,23 %	71,86 %	74,57 %