LTN AS

8802 SANDNESSJØEN

Finances

Share Ownership

Return on Equity

10,55 %

Current Ratio

2,73

Debt-to-Equity Ratio

2,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	772 000	807 000	665 000	635 000
Net Income	202 000	176 000	173 000	−25 000
Total Assets	6 069 000	5 965 000	6 050 000	5 984 000
Total Equity	1 915 000	1 713 000	1 538 000	1 365 000

Income (NOK)	2022	2021	2020	2019
Revenue	772 000	807 000	665 000	635 000
Expenditure	335 000	434 000	263 000	475 000
Operating Profit	437 000	373 000	402 000	160 000
Financial Income	1 000	0	0	0
Financial Costs	180 000	148 000	179 000	192 000
Financial Balance	−179 000	−148 000	−179 000	−192 000
Earnings Before Tax	259 000	225 000	223 000	−32 000
Tax	57 000	50 000	50 000	−7 000
Net Income	202 000	176 000	173 000	−25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 238 000	5 342 000	5 482 000	5 622 000
Total Current Assets	831 000	622 000	568 000	362 000
Total Assets	6 069 000	5 965 000	6 050 000	5 984 000
Total Retained Equity	915 000	713 000	538 000	365 000
Total Equity	1 915 000	1 713 000	1 538 000	1 365 000
Total Long-Term Debt	3 850 000	4 050 000	4 250 000	4 450 000
Total Current Debt	304 000	202 000	262 000	170 000
Total Equity and Debt	6 069 000	5 965 000	6 050 000	5 984 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	772 000	807 000	665 000	635 000
Revenue	772 000	807 000	665 000	635 000
Cost of Goods Sold	0	0	0	0
Salary Costs	35 000	30 000	0	0
Depreciation	153 000	152 000	152 000	152 000
Impairment	0	0	0	0
Expenditure	335 000	434 000	263 000	475 000
Operating Profit	437 000	373 000	402 000	160 000
Financial Income	1 000	0	0	0
Financial Costs	180 000	148 000	179 000	192 000
Financial Balance	−179 000	−148 000	−179 000	−192 000
Dividends	0	0	0	0
Net Income	202 000	176 000	173 000	−25 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	45 000	35 000	22 000	10 000
Real Eastate	5 156 000	5 308 000	5 460 000	5 612 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	37 000	0	0	0
Total Tangible Assets	5 193 000	5 308 000	5 460 000	5 612 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 238 000	5 342 000	5 482 000	5 622 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	757 000	579 000	545 000	334 000
Total Current Assets	831 000	622 000	568 000	362 000
Total Assets	6 069 000	5 965 000	6 050 000	5 984 000
Total Equity	1 915 000	1 713 000	1 538 000	1 365 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 850 000	4 050 000	4 250 000	4 450 000
Creditors	2 000	3 000	1 000	5 000
Unpaid Taxes	163 000	129 000	148 000	96 000
Dividends	0	0	0	0
Other Current Debt	72 000	8 000	52 000	64 000
Total Current Debt	304 000	202 000	262 000	170 000
Total Equity and Debt	6 069 000	5 965 000	6 050 000	5 984 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,55 %	10,27 %	11,25 %	−1,83 %
Debt-to-Equity Ratio	2,01	2,36	2,76	3,26
Operating Profit Margin	56,61 %	46,22 %	60,45 %	25,2 %
Current Ratio	2,73	3,08	2,17	2,13
Quick Ratio	2,73	3,08	2,17	2,13
Equity Ratio	0,32	0,29	0,25	0,23
Gross Profit Margin	100 %	100 %	100 %	100 %