LETTBUTIKK AS

1914 YTRE ENEBAKK

Finances

Return on Equity

201,67 %

Current Ratio

0,6

Debt-to-Equity Ratio

−0,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	104 701 000	68 969 000	35 211 000	18 395 000
Net Income	−76 822 000	−12 691 000	1 260 000	−190 000
Total Assets	43 913 000	49 745 000	10 558 000	5 652 000
Total Equity	−38 093 000	20 298 000	1 332 000	72 000

Income (NOK)	2022	2021	2020	2019
Revenue	104 701 000	68 969 000	35 211 000	18 395 000
Expenditure	180 866 000	81 444 000	33 565 000	18 449 000
Operating Profit	−76 165 000	−12 475 000	1 646 000	−55 000
Financial Income	42 000	23 000	40 000	11 000
Financial Costs	1 584 000	251 000	113 000	146 000
Financial Balance	−1 542 000	−228 000	−73 000	−135 000
Earnings Before Tax	−77 707 000	−12 703 000	1 573 000	−190 000
Tax	−885 000	−12 000	312 000	0
Net Income	−76 822 000	−12 691 000	1 260 000	−190 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 448 000	14 594 000	1 802 000	1 150 000
Total Current Assets	30 465 000	35 151 000	8 755 000	4 502 000
Total Assets	43 913 000	49 745 000	10 558 000	5 652 000
Total Retained Equity	−38 198 000	0	807 000	−453 000
Total Equity	−38 093 000	20 298 000	1 332 000	72 000
Total Long-Term Debt	31 555 000	1 777 000	3 316 000	1 500 000
Total Current Debt	50 451 000	27 670 000	5 909 000	4 080 000
Total Equity and Debt	43 913 000	49 745 000	10 558 000	5 652 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	104 701 000	68 969 000	35 211 000	18 395 000
Other Income	0	0	0	0
Revenue	104 701 000	68 969 000	35 211 000	18 395 000
Cost of Goods Sold	67 266 000	41 745 000	17 185 000	9 533 000
Salary Costs	45 604 000	22 112 000	8 656 000	5 246 000
Depreciation	7 858 000	808 000	469 000	265 000
Impairment	13 520 000	0	0	0
Expenditure	180 866 000	81 444 000	33 565 000	18 449 000
Operating Profit	−76 165 000	−12 475 000	1 646 000	−55 000
Financial Income	42 000	23 000	40 000	11 000
Financial Costs	1 584 000	251 000	113 000	146 000
Financial Balance	−1 542 000	−228 000	−73 000	−135 000
Dividends	0	0	0	0
Net Income	−76 822 000	−12 691 000	1 260 000	−190 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 711 000	908 000	983 000	678 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	9 645 000	155 000	227 000	299 000
Fixtures	0	1 818 000	593 000	173 000
Total Tangible Assets	9 645 000	1 973 000	820 000	472 000
Total Fiancial Fixed Assets	2 092 000	11 713 000	0	0
Total Fixed Assets	13 448 000	14 594 000	1 802 000	1 150 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 981 000	6 253 000	2 637 000	860 000
Total Current Assets	30 465 000	35 151 000	8 755 000	4 502 000
Total Assets	43 913 000	49 745 000	10 558 000	5 652 000
Total Equity	−38 093 000	20 298 000	1 332 000	72 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	31 555 000	1 777 000	3 316 000	1 500 000
Creditors	29 102 000	10 317 000	1 910 000	2 566 000
Unpaid Taxes	3 076 000	1 853 000	1 298 000	1 032 000
Dividends	0	0	0	0
Other Current Debt	12 517 000	10 259 000	2 468 000	482 000
Total Current Debt	50 451 000	27 670 000	5 909 000	4 080 000
Total Equity and Debt	43 913 000	49 745 000	10 558 000	5 652 000

Financial indicators	2022	2021	2020	2019
Return on Equity	201,67 %	−62,52 %	94,59 %	−263,89 %
Debt-to-Equity Ratio	−0,83	0,09	2,49	20,83
Operating Profit Margin	−72,75 %	−18,09 %	4,67 %	−0,3 %
Current Ratio	0,6	1,27	1,48	1,1
Quick Ratio	0,6	1,27	1,48	1,1
Equity Ratio	−0,87	0,41	0,13	0,01
Gross Profit Margin	35,75 %	39,47 %	51,19 %	48,18 %