LTU AS

1351 RUD

Finances

Share Ownership

Return on Equity

25,12 %

Current Ratio

1,79

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 846 000	8 752 000	7 799 000	5 125 000
Net Income	568 000	1 143 000	74 000	242 000
Total Assets	4 693 000	3 850 000	2 240 000	1 905 000
Total Equity	2 261 000	1 693 000	550 000	476 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 846 000	8 752 000	7 799 000	5 125 000
Expenditure	11 097 000	7 319 000	7 619 000	4 772 000
Operating Profit	749 000	1 433 000	180 000	353 000
Financial Income	42 000	23 000	6 000	4 000
Financial Costs	51 000	51 000	60 000	51 000
Financial Balance	−9 000	−28 000	−54 000	−47 000
Earnings Before Tax	740 000	1 406 000	126 000	306 000
Tax	172 000	263 000	52 000	64 000
Net Income	568 000	1 143 000	74 000	242 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	777 000	1 222 000	577 000	766 000
Total Current Assets	3 917 000	2 628 000	1 663 000	1 139 000
Total Assets	4 693 000	3 850 000	2 240 000	1 905 000
Total Retained Equity	2 231 000	1 663 000	520 000	446 000
Total Equity	2 261 000	1 693 000	550 000	476 000
Total Long-Term Debt	245 000	527 000	352 000	480 000
Total Current Debt	2 187 000	1 630 000	1 339 000	949 000
Total Equity and Debt	4 693 000	3 850 000	2 240 000	1 905 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 726 000	8 420 000	7 781 000	5 134 000
Other Income	119 000	332 000	19 000	−9 000
Revenue	11 846 000	8 752 000	7 799 000	5 125 000
Cost of Goods Sold	1 193 000	495 000	1 503 000	629 000
Salary Costs	4 635 000	2 815 000	2 534 000	1 966 000
Depreciation	344 000	316 000	202 000	196 000
Impairment	0	0	0	0
Expenditure	11 097 000	7 319 000	7 619 000	4 772 000
Operating Profit	749 000	1 433 000	180 000	353 000
Financial Income	42 000	23 000	6 000	4 000
Financial Costs	51 000	51 000	60 000	51 000
Financial Balance	−9 000	−28 000	−54 000	−47 000
Dividends	0	0	0	0
Net Income	568 000	1 143 000	74 000	242 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	390 000	215 000	121 000	137 000
Fixtures	357 000	934 000	374 000	598 000
Total Tangible Assets	747 000	1 149 000	495 000	735 000
Total Fiancial Fixed Assets	29 000	73 000	82 000	31 000
Total Fixed Assets	777 000	1 222 000	577 000	766 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	853 000	786 000	766 000	545 000
Total Current Assets	3 917 000	2 628 000	1 663 000	1 139 000
Total Assets	4 693 000	3 850 000	2 240 000	1 905 000
Total Equity	2 261 000	1 693 000	550 000	476 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	245 000	527 000	352 000	480 000
Creditors	577 000	437 000	658 000	432 000
Unpaid Taxes	597 000	482 000	401 000	269 000
Dividends	0	0	0	0
Other Current Debt	424 000	252 000	225 000	179 000
Total Current Debt	2 187 000	1 630 000	1 339 000	949 000
Total Equity and Debt	4 693 000	3 850 000	2 240 000	1 905 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,12 %	67,51 %	13,45 %	50,84 %
Debt-to-Equity Ratio	0,11	0,31	0,64	1,01
Operating Profit Margin	6,32 %	16,37 %	2,31 %	6,89 %
Current Ratio	1,79	1,61	1,24	1,2
Quick Ratio	1,79	1,61	1,24	1,2
Equity Ratio	0,48	0,44	0,25	0,25
Gross Profit Margin	89,93 %	94,34 %	80,73 %	87,73 %