LTECH AS

1461 LØRENSKOG

Finances

Share Ownership

Return on Equity

25,64 %

Current Ratio

14,87

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 071 000	2 083 000	1 993 000	1 957 000
Net Income	775 000	846 000	783 000	752 000
Total Assets	3 242 000	3 487 000	2 624 000	2 832 000
Total Equity	3 023 000	3 249 000	2 403 000	2 620 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 071 000	2 083 000	1 993 000	1 957 000
Expenditure	1 091 000	1 003 000	997 000	1 010 000
Operating Profit	980 000	1 081 000	995 000	947 000
Financial Income	13 000	3 000	8 000	13 000
Financial Costs	0	0	0	0
Financial Balance	13 000	3 000	8 000	13 000
Earnings Before Tax	993 000	1 084 000	1 003 000	961 000
Tax	218 000	238 000	221 000	208 000
Net Income	775 000	846 000	783 000	752 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	3 242 000	3 487 000	2 624 000	2 832 000
Total Assets	3 242 000	3 487 000	2 624 000	2 832 000
Total Retained Equity	0	1 000 000	0	0
Total Equity	3 023 000	3 249 000	2 403 000	2 620 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	218 000	238 000	221 000	212 000
Total Equity and Debt	3 242 000	3 487 000	2 624 000	2 832 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 071 000	2 083 000	1 993 000	1 957 000
Revenue	2 071 000	2 083 000	1 993 000	1 957 000
Cost of Goods Sold	0	0	0	0
Salary Costs	945 000	861 000	717 000	720 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 091 000	1 003 000	997 000	1 010 000
Operating Profit	980 000	1 081 000	995 000	947 000
Financial Income	13 000	3 000	8 000	13 000
Financial Costs	0	0	0	0
Financial Balance	13 000	3 000	8 000	13 000
Dividends	0	1 000 000	0	1 000 000
Net Income	775 000	846 000	783 000	752 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 232 000	3 479 000	2 614 000	2 825 000
Total Current Assets	3 242 000	3 487 000	2 624 000	2 832 000
Total Assets	3 242 000	3 487 000	2 624 000	2 832 000
Total Equity	3 023 000	3 249 000	2 403 000	2 620 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	1 000 000	0	1 000 000
Other Current Debt	0	0	0	4 000
Total Current Debt	218 000	238 000	221 000	212 000
Total Equity and Debt	3 242 000	3 487 000	2 624 000	2 832 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,64 %	26,04 %	32,58 %	28,7 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	47,32 %	51,9 %	49,92 %	48,39 %
Current Ratio	14,87	14,65	11,87	13,36
Quick Ratio	14,87	14,65	11,87	13,36
Equity Ratio	0,93	0,93	0,92	0,93
Gross Profit Margin	100 %	100 %	100 %	100 %