LIFTECH AS

4645 NODELAND

Finances

Share Ownership

Return on Equity

51,32 %

Current Ratio

1,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 857 000	8 905 000	6 079 000	7 452 000
Net Income	1 125 000	773 000	732 000	710 000
Total Assets	5 645 000	7 101 000	6 598 000	5 892 000
Total Equity	2 192 000	1 867 000	1 094 000	1 362 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 857 000	8 905 000	6 079 000	7 452 000
Expenditure	7 404 000	7 919 000	5 108 000	6 534 000
Operating Profit	1 452 000	986 000	971 000	919 000
Financial Income	16 000	22 000	5 000	3 000
Financial Costs	26 000	17 000	38 000	11 000
Financial Balance	−10 000	5 000	−33 000	−8 000
Earnings Before Tax	1 442 000	991 000	938 000	911 000
Tax	317 000	218 000	207 000	200 000
Net Income	1 125 000	773 000	732 000	710 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	120 000	66 000	75 000	83 000
Total Current Assets	5 525 000	7 035 000	6 523 000	5 808 000
Total Assets	5 645 000	7 101 000	6 598 000	5 892 000
Total Retained Equity	2 162 000	1 837 000	1 064 000	1 332 000
Total Equity	2 192 000	1 867 000	1 094 000	1 362 000
Total Long-Term Debt	0	1 237 000	2 257 000	2 679 000
Total Current Debt	3 453 000	3 998 000	3 247 000	1 850 000
Total Equity and Debt	5 645 000	7 101 000	6 598 000	5 892 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 857 000	8 888 000	6 033 000	7 446 000
Other Income	0	17 000	46 000	6 000
Revenue	8 857 000	8 905 000	6 079 000	7 452 000
Cost of Goods Sold	4 023 000	4 673 000	2 306 000	3 613 000
Salary Costs	1 827 000	1 744 000	1 518 000	1 583 000
Depreciation	19 000	0	0	50 000
Impairment	0	0	0	0
Expenditure	7 404 000	7 919 000	5 108 000	6 534 000
Operating Profit	1 452 000	986 000	971 000	919 000
Financial Income	16 000	22 000	5 000	3 000
Financial Costs	26 000	17 000	38 000	11 000
Financial Balance	−10 000	5 000	−33 000	−8 000
Dividends	800 000	0	0	0
Net Income	1 125 000	773 000	732 000	710 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	63 000	66 000	75 000	83 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	58 000	0	0	0
Total Tangible Assets	58 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	120 000	66 000	75 000	83 000
Stock	3 620 000	3 565 000	3 790 000	2 906 000
Total Investments	0	0	0	0
Cash, Bank	603 000	1 772 000	1 162 000	1 677 000
Total Current Assets	5 525 000	7 035 000	6 523 000	5 808 000
Total Assets	5 645 000	7 101 000	6 598 000	5 892 000
Total Equity	2 192 000	1 867 000	1 094 000	1 362 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 237 000	2 257 000	2 679 000
Creditors	145 000	1 131 000	749 000	170 000
Unpaid Taxes	386 000	336 000	329 000	242 000
Dividends	800 000	0	0	0
Other Current Debt	2 609 000	2 322 000	1 971 000	1 192 000
Total Current Debt	3 453 000	3 998 000	3 247 000	1 850 000
Total Equity and Debt	5 645 000	7 101 000	6 598 000	5 892 000

Financial indicators	2022	2021	2020	2019
Return on Equity	51,32 %	41,4 %	66,91 %	52,13 %
Debt-to-Equity Ratio	0	0,66	2,06	1,97
Operating Profit Margin	16,39 %	11,07 %	15,97 %	12,33 %
Current Ratio	1,6	1,76	2,01	3,14
Quick Ratio	−33,08	16,25	−12,01	−5,5
Equity Ratio	0,39	0,26	0,17	0,23
Gross Profit Margin	54,58 %	47,52 %	62,07 %	51,52 %