LITEX AS

3221 SANDEFJORD

Finances

Share Ownership

Return on Equity

23,5 %

Current Ratio

1,47

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	80 046 000	81 512 000	66 751 000	61 285 000
Net Income	3 112 000	4 131 000	2 162 000	−344 000
Total Assets	37 985 000	36 265 000	29 841 000	27 312 000
Total Equity	13 243 000	10 131 000	6 000 000	3 838 000

Income (NOK)	2022	2021	2020	2019
Revenue	80 046 000	81 512 000	66 751 000	61 285 000
Expenditure	75 134 000	77 058 000	62 064 000	60 188 000
Operating Profit	4 912 000	4 453 000	4 688 000	1 096 000
Financial Income	858 000	2 411 000	1 445 000	462 000
Financial Costs	1 769 000	1 557 000	3 347 000	1 981 000
Financial Balance	−911 000	854 000	−1 902 000	−1 519 000
Earnings Before Tax	4 000 000	5 307 000	2 786 000	−423 000
Tax	889 000	1 176 000	624 000	−79 000
Net Income	3 112 000	4 131 000	2 162 000	−344 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 701 000	2 031 000	2 198 000	2 762 000
Total Current Assets	36 284 000	34 234 000	27 643 000	24 550 000
Total Assets	37 985 000	36 265 000	29 841 000	27 312 000
Total Retained Equity	9 405 000	0	0	−8 233 000
Total Equity	13 243 000	10 131 000	6 000 000	3 838 000
Total Long-Term Debt	119 000	127 000	201 000	245 000
Total Current Debt	24 623 000	26 006 000	23 640 000	23 229 000
Total Equity and Debt	37 985 000	36 265 000	29 841 000	27 312 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	80 046 000	81 512 000	66 751 000	61 285 000
Other Income	0	0	0	0
Revenue	80 046 000	81 512 000	66 751 000	61 285 000
Cost of Goods Sold	43 791 000	47 087 000	34 831 000	32 210 000
Salary Costs	14 461 000	13 969 000	12 419 000	13 686 000
Depreciation	609 000	542 000	689 000	747 000
Impairment	0	0	0	0
Expenditure	75 134 000	77 058 000	62 064 000	60 188 000
Operating Profit	4 912 000	4 453 000	4 688 000	1 096 000
Financial Income	858 000	2 411 000	1 445 000	462 000
Financial Costs	1 769 000	1 557 000	3 347 000	1 981 000
Financial Balance	−911 000	854 000	−1 902 000	−1 519 000
Dividends	0	0	0	0
Net Income	3 112 000	4 131 000	2 162 000	−344 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	389 000	287 000	21 000	31 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 043 000	1 448 000	1 793 000	2 122 000
Fixtures	269 000	297 000	384 000	589 000
Total Tangible Assets	1 312 000	1 744 000	2 177 000	2 711 000
Total Fiancial Fixed Assets	0	0	0	20 000
Total Fixed Assets	1 701 000	2 031 000	2 198 000	2 762 000
Stock	14 697 000	13 225 000	11 330 000	11 224 000
Total Investments	0	0	0	0
Cash, Bank	535 000	478 000	477 000	507 000
Total Current Assets	36 284 000	34 234 000	27 643 000	24 550 000
Total Assets	37 985 000	36 265 000	29 841 000	27 312 000
Total Equity	13 243 000	10 131 000	6 000 000	3 838 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	119 000	127 000	201 000	245 000
Creditors	2 943 000	6 439 000	3 590 000	2 457 000
Unpaid Taxes	2 402 000	3 003 000	2 904 000	2 188 000
Dividends	0	0	0	0
Other Current Debt	18 381 000	15 315 000	16 478 000	18 567 000
Total Current Debt	24 623 000	26 006 000	23 640 000	23 229 000
Total Equity and Debt	37 985 000	36 265 000	29 841 000	27 312 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,5 %	40,78 %	36,03 %	−8,96 %
Debt-to-Equity Ratio	0,01	0,01	0,03	0,06
Operating Profit Margin	6,14 %	5,46 %	7,02 %	1,79 %
Current Ratio	1,47	1,32	1,17	1,06
Quick Ratio	3,66	2,68	2,25	2,04
Equity Ratio	0,35	0,28	0,2	0,14
Gross Profit Margin	45,29 %	42,23 %	47,82 %	47,44 %