LTH1 AS

3925 PORSGRUNN

Finances

Return on Equity

106,7 %

Current Ratio

1,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	17 736 000	10 127 000	3 497 000	1 284 000
Total Assets	21 236 000	11 143 000	13 857 000	10 422 000
Total Equity	16 623 000	3 886 000	13 660 000	10 263 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	37 000	52 000	8 000	13 000
Operating Profit	−37 000	−52 000	−8 000	−13 000
Financial Income	17 943 000	10 348 000	3 572 000	1 306 000
Financial Costs	60 000	122 000	35 000	3 000
Financial Balance	17 883 000	10 226 000	3 537 000	1 303 000
Earnings Before Tax	17 847 000	10 174 000	3 530 000	1 289 000
Tax	111 000	47 000	33 000	5 000
Net Income	17 736 000	10 127 000	3 497 000	1 284 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 108 000	268 000	268 000	7 093 000
Total Current Assets	9 128 000	10 875 000	13 589 000	3 329 000
Total Assets	21 236 000	11 143 000	13 857 000	10 422 000
Total Retained Equity	15 893 000	3 157 000	12 930 000	9 533 000
Total Equity	16 623 000	3 886 000	13 660 000	10 263 000
Total Long-Term Debt	2 000	188 000	166 000	157 000
Total Current Debt	4 611 000	7 069 000	32 000	2 000
Total Equity and Debt	21 236 000	11 143 000	13 857 000	10 422 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	37 000	52 000	8 000	13 000
Operating Profit	−37 000	−52 000	−8 000	−13 000
Financial Income	17 943 000	10 348 000	3 572 000	1 306 000
Financial Costs	60 000	122 000	35 000	3 000
Financial Balance	17 883 000	10 226 000	3 537 000	1 303 000
Dividends	5 000 000	19 900 000	100 000	0
Net Income	17 736 000	10 127 000	3 497 000	1 284 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	12 108 000	268 000	268 000	7 093 000
Total Fixed Assets	12 108 000	268 000	268 000	7 093 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 867 000	10 504 000	11 202 000	2 125 000
Total Current Assets	9 128 000	10 875 000	13 589 000	3 329 000
Total Assets	21 236 000	11 143 000	13 857 000	10 422 000
Total Equity	16 623 000	3 886 000	13 660 000	10 263 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	188 000	166 000	157 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	5 000 000	19 900 000	100 000	0
Other Current Debt	4 500 000	8 000	8 000	2 000
Total Current Debt	4 611 000	7 069 000	32 000	2 000
Total Equity and Debt	21 236 000	11 143 000	13 857 000	10 422 000

Financial indicators	2022	2021	2020	2019
Return on Equity	106,7 %	260,6 %	25,6 %	12,51 %
Debt-to-Equity Ratio	0	0,05	0,01	0,02
Operating Profit Margin	-	-	-	-
Current Ratio	1,98	1,54	424,66	1 664,5
Quick Ratio	1,98	1,54	424,66	1 664,5
Equity Ratio	0,78	0,35	0,99	0,98
Gross Profit Margin	-	-	-	-