LETTHUS AS

6657 RINDAL

Finances

Return on Equity

99,71 %

Current Ratio

1,73

Debt-to-Equity Ratio

6,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 207 000	25 178 000	19 719 000	18 428 000
Net Income	1 029 000	−1 777 000	232 000	−1 428 000
Total Assets	13 276 000	11 964 000	12 731 000	9 816 000
Total Equity	1 032 000	−410 000	1 449 000	1 471 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 207 000	25 178 000	19 719 000	18 428 000
Expenditure	24 488 000	26 103 000	18 483 000	19 862 000
Operating Profit	1 658 000	−1 381 000	602 000	−1 151 000
Financial Income	14 000	7 000	2 000	6 000
Financial Costs	643 000	402 000	372 000	283 000
Financial Balance	−629 000	−395 000	−370 000	−277 000
Earnings Before Tax	1 029 000	−1 777 000	232 000	−1 428 000
Tax	0	0	0	0
Net Income	1 029 000	−1 777 000	232 000	−1 428 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 288 000	4 600 000	4 497 000	3 624 000
Total Current Assets	8 988 000	7 364 000	8 233 000	6 193 000
Total Assets	13 276 000	11 964 000	12 731 000	9 816 000
Total Retained Equity	399 000	−629 000	1 229 000	1 252 000
Total Equity	1 032 000	−410 000	1 449 000	1 471 000
Total Long-Term Debt	7 036 000	5 410 000	5 479 000	1 890 000
Total Current Debt	5 209 000	6 964 000	5 803 000	6 455 000
Total Equity and Debt	13 276 000	11 964 000	12 731 000	9 816 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 739 000	24 571 000	18 952 000	17 843 000
Other Income	468 000	607 000	767 000	585 000
Revenue	24 207 000	25 178 000	19 719 000	18 428 000
Cost of Goods Sold	15 897 000	17 186 000	11 483 000	11 803 000
Salary Costs	5 112 000	5 365 000	4 064 000	4 378 000
Depreciation	639 000	571 000	358 000	256 000
Impairment	0	0	0	0
Expenditure	24 488 000	26 103 000	18 483 000	19 862 000
Operating Profit	1 658 000	−1 381 000	602 000	−1 151 000
Financial Income	14 000	7 000	2 000	6 000
Financial Costs	643 000	402 000	372 000	283 000
Financial Balance	−629 000	−395 000	−370 000	−277 000
Dividends	0	82 000	0	0
Net Income	1 029 000	−1 777 000	232 000	−1 428 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 499 000	2 769 000	3 059 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 755 000	1 831 000	1 439 000	2 189 000
Total Tangible Assets	4 254 000	4 600 000	4 497 000	2 189 000
Total Fiancial Fixed Assets	34 000	0	0	1 434 000
Total Fixed Assets	4 288 000	4 600 000	4 497 000	3 624 000
Stock	6 067 000	4 957 000	4 310 000	4 758 000
Total Investments	0	0	0	0
Cash, Bank	164 000	285 000	539 000	128 000
Total Current Assets	8 988 000	7 364 000	8 233 000	6 193 000
Total Assets	13 276 000	11 964 000	12 731 000	9 816 000
Total Equity	1 032 000	−410 000	1 449 000	1 471 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 036 000	5 410 000	5 479 000	1 890 000
Creditors	1 639 000	3 231 000	1 990 000	1 464 000
Unpaid Taxes	601 000	750 000	1 020 000	190 000
Dividends	0	82 000	0	0
Other Current Debt	1 122 000	1 228 000	1 293 000	463 000
Total Current Debt	5 209 000	6 964 000	5 803 000	6 455 000
Total Equity and Debt	13 276 000	11 964 000	12 731 000	9 816 000

Financial indicators	2022	2021	2020	2019
Return on Equity	99,71 %	433,41 %	16,01 %	−97,08 %
Debt-to-Equity Ratio	6,82	−13,2	3,78	1,28
Operating Profit Margin	6,85 %	−5,48 %	3,05 %	−6,25 %
Current Ratio	1,73	1,06	1,42	0,96
Quick Ratio	−10,48	3,67	5,51	3,65
Equity Ratio	0,08	−0,03	0,11	0,15
Gross Profit Margin	34,33 %	31,74 %	41,77 %	35,95 %