LTS TRANSPORT AS

2019 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

477,27 %

Current Ratio

2,07

Debt-to-Equity Ratio

42,84

Key figures (NOK)	2021	2020	2019	2018
Revenue	956 000	503 000	2 345 000	2 938 000
Net Income	210 000	276 000	103 000	−549 000
Total Assets	2 275 000	−1 000	189 000	278 000
Total Equity	44 000	−166 000	−443 000	−546 000

Income (NOK)	2021	2020	2019	2018
Revenue	956 000	503 000	2 345 000	2 938 000
Expenditure	651 000	224 000	2 240 000	3 482 000
Operating Profit	306 000	278 000	106 000	−544 000
Financial Income	0	0	0	0
Financial Costs	92 000	2 000	3 000	5 000
Financial Balance	−92 000	−2 000	−3 000	−5 000
Earnings Before Tax	214 000	276 000	103 000	−549 000
Tax	4 000	0	0	0
Net Income	210 000	276 000	103 000	−549 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	1 559 000	0	0	0
Total Current Assets	716 000	−1 000	189 000	278 000
Total Assets	2 275 000	−1 000	189 000	278 000
Total Retained Equity	14 000	−196 000	−473 000	−576 000
Total Equity	44 000	−166 000	−443 000	−546 000
Total Long-Term Debt	1 885 000	0	0	0
Total Current Debt	346 000	165 000	631 000	824 000
Total Equity and Debt	2 275 000	−1 000	189 000	278 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	921 000	503 000	2 046 000	2 872 000
Other Income	35 000	0	299 000	66 000
Revenue	956 000	503 000	2 345 000	2 938 000
Cost of Goods Sold	2 000	104 000	1 290 000	2 667 000
Salary Costs	41 000	0	167 000	405 000
Depreciation	492 000	0	0	0
Impairment	0	0	0	0
Expenditure	651 000	224 000	2 240 000	3 482 000
Operating Profit	306 000	278 000	106 000	−544 000
Financial Income	0	0	0	0
Financial Costs	92 000	2 000	3 000	5 000
Financial Balance	−92 000	−2 000	−3 000	−5 000
Dividends	0	0	0	0
Net Income	210 000	276 000	103 000	−549 000

Balance details (NOK)	2021	2020	2019	2018
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	1 559 000	0	0	0
Total Tangible Assets	1 559 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 559 000	0	0	0
Stock	0	0	8 000	0
Total Investments	0	0	0	0
Cash, Bank	59 000	−1 000	126 000	135 000
Total Current Assets	716 000	−1 000	189 000	278 000
Total Assets	2 275 000	−1 000	189 000	278 000
Total Equity	44 000	−166 000	−443 000	−546 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 885 000	0	0	0
Creditors	0	0	163 000	280 000
Unpaid Taxes	191 000	63 000	61 000	60 000
Dividends	0	0	0	0
Other Current Debt	156 000	102 000	408 000	484 000
Total Current Debt	346 000	165 000	631 000	824 000
Total Equity and Debt	2 275 000	−1 000	189 000	278 000

Financial indicators	2021	2020	2019	2018
Return on Equity	477,27 %	−166,27 %	−23,25 %	100,55 %
Debt-to-Equity Ratio	42,84	−0	−0	−0
Operating Profit Margin	32,01 %	55,27 %	4,52 %	−18,52 %
Current Ratio	2,07	−0,01	0,3	0,34
Quick Ratio	2,07	−0,01	0,3	0,34
Equity Ratio	0,02	166	−2,34	−1,96
Gross Profit Margin	99,79 %	79,32 %	44,99 %	9,22 %