LITNOR BYGGTEAM AS

5131 NYBORG

Finances

Share Ownership

Return on Equity

−223,4 %

Current Ratio

1,19

Debt-to-Equity Ratio

1,77

Key figures (NOK)	2019	2018	2017	2016
Revenue	25 195 000	22 707 000	15 982 000	11 386 000
Net Income	−1 776 000	351 000	1 330 000	509 000
Total Assets	7 592 000	10 363 000	8 700 000	4 155 000
Total Equity	795 000	2 571 000	2 256 000	926 000

Income (NOK)	2019	2018	2017	2016
Revenue	25 195 000	22 707 000	15 982 000	11 386 000
Expenditure	26 880 000	21 928 000	14 108 000	10 654 000
Operating Profit	−1 684 000	780 000	1 834 000	731 000
Financial Income	7 000	3 000	4 000	1 000
Financial Costs	99 000	104 000	83 000	49 000
Financial Balance	−92 000	−101 000	−79 000	−48 000
Earnings Before Tax	−1 776 000	679 000	1 756 000	682 000
Tax	0	329 000	426 000	174 000
Net Income	−1 776 000	351 000	1 330 000	509 000

Balance (NOK)	2019	2018	2017	2016
Total Fixed Assets	1 192 000	3 840 000	3 622 000	1 385 000
Total Current Assets	6 399 000	6 523 000	5 078 000	2 770 000
Total Assets	7 592 000	10 363 000	8 700 000	4 155 000
Total Retained Equity	765 000	2 541 000	2 226 000	896 000
Total Equity	795 000	2 571 000	2 256 000	926 000
Total Long-Term Debt	1 411 000	1 669 000	1 819 000	666 000
Total Current Debt	5 386 000	6 122 000	4 626 000	2 563 000
Total Equity and Debt	7 592 000	10 363 000	8 700 000	4 155 000

Cash flow (NOK)	2019	2018	2017	2016
Sales Income	24 810 000	22 271 000	15 982 000	11 379 000
Other Income	385 000	436 000	0	6 000
Revenue	25 195 000	22 707 000	15 982 000	11 386 000
Cost of Goods Sold	9 526 000	7 375 000	4 262 000	3 590 000
Salary Costs	12 739 000	10 399 000	7 714 000	5 284 000
Depreciation	268 000	263 000	207 000	132 000
Impairment	0	0	0	0
Expenditure	26 880 000	21 928 000	14 108 000	10 654 000
Operating Profit	−1 684 000	780 000	1 834 000	731 000
Financial Income	7 000	3 000	4 000	1 000
Financial Costs	99 000	104 000	83 000	49 000
Financial Balance	−92 000	−101 000	−79 000	−48 000
Dividends	0	0	0	0
Net Income	−1 776 000	351 000	1 330 000	509 000

Balance details (NOK)	2019	2018	2017	2016
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	1 727 000	1 713 000	0
Machinery and Plant Facilities	181 000	193 000	107 000	41 000
Fixtures	953 000	1 367 000	1 254 000	1 344 000
Total Tangible Assets	1 133 000	3 288 000	3 074 000	1 385 000
Total Fiancial Fixed Assets	59 000	552 000	548 000	0
Total Fixed Assets	1 192 000	3 840 000	3 622 000	1 385 000
Stock	107 000	72 000	25 000	20 000
Total Investments	0	0	0	0
Cash, Bank	1 705 000	1 011 000	2 121 000	363 000
Total Current Assets	6 399 000	6 523 000	5 078 000	2 770 000
Total Assets	7 592 000	10 363 000	8 700 000	4 155 000
Total Equity	795 000	2 571 000	2 256 000	926 000
Short-Term Group Debt	0	66 000	0	0
Total Long-Term Debt	1 411 000	1 669 000	1 819 000	666 000
Creditors	2 113 000	1 501 000	482 000	389 000
Unpaid Taxes	1 595 000	1 973 000	1 571 000	701 000
Dividends	0	0	0	0
Other Current Debt	1 678 000	2 207 000	2 109 000	1 336 000
Total Current Debt	5 386 000	6 122 000	4 626 000	2 563 000
Total Equity and Debt	7 592 000	10 363 000	8 700 000	4 155 000

Financial indicators	2019	2018	2017	2016
Return on Equity	−223,4 %	13,65 %	58,95 %	54,97 %
Debt-to-Equity Ratio	1,77	0,65	0,81	0,72
Operating Profit Margin	−6,68 %	3,44 %	11,48 %	6,42 %
Current Ratio	1,19	1,07	1,1	1,08
Quick Ratio	1,21	1,08	1,1	1,09
Equity Ratio	0,1	0,25	0,26	0,22
Gross Profit Margin	62,19 %	67,52 %	73,33 %	68,47 %