LITO TOOLS AS

7120 LEKSVIK

Finances

Share Ownership

Return on Equity

15,82 %

Current Ratio

5,89

Debt-to-Equity Ratio

0,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 635 000	1 427 000	1 337 000	1 400 000
Net Income	168 000	400 000	−262 000	346 000
Total Assets	2 416 000	2 010 000	1 719 000	986 000
Total Equity	1 062 000	894 000	594 000	536 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 635 000	1 427 000	1 337 000	1 400 000
Expenditure	835 000	789 000	1 635 000	956 000
Operating Profit	800 000	638 000	−298 000	443 000
Financial Income	93 000	38 000	0	0
Financial Costs	645 000	141 000	38 000	0
Financial Balance	−552 000	−103 000	−38 000	0
Earnings Before Tax	248 000	535 000	−336 000	443 000
Tax	80 000	135 000	−74 000	98 000
Net Income	168 000	400 000	−262 000	346 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	456 000	408 000	75 000	0
Total Current Assets	1 960 000	1 603 000	1 645 000	986 000
Total Assets	2 416 000	2 010 000	1 719 000	986 000
Total Retained Equity	642 000	474 000	174 000	436 000
Total Equity	1 062 000	894 000	594 000	536 000
Total Long-Term Debt	1 021 000	683 000	883 000	0
Total Current Debt	333 000	433 000	242 000	450 000
Total Equity and Debt	2 416 000	2 010 000	1 719 000	986 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 635 000	1 427 000	1 337 000	1 400 000
Other Income	0	0	0	0
Revenue	1 635 000	1 427 000	1 337 000	1 400 000
Cost of Goods Sold	594 000	578 000	1 258 000	725 000
Salary Costs	0	0	0	0
Depreciation	0	12 000	5 000	0
Impairment	0	0	0	0
Expenditure	835 000	789 000	1 635 000	956 000
Operating Profit	800 000	638 000	−298 000	443 000
Financial Income	93 000	38 000	0	0
Financial Costs	645 000	141 000	38 000	0
Financial Balance	−552 000	−103 000	−38 000	0
Dividends	0	100 000	0	0
Net Income	168 000	400 000	−262 000	346 000

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	12 000	0
Total Tangible Assets	0	0	12 000	0
Total Fiancial Fixed Assets	456 000	408 000	63 000	0
Total Fixed Assets	456 000	408 000	75 000	0
Stock	1 091 000	996 000	881 000	638 000
Total Investments	175 000	0	0	0
Cash, Bank	75 000	55 000	206 000	208 000
Total Current Assets	1 960 000	1 603 000	1 645 000	986 000
Total Assets	2 416 000	2 010 000	1 719 000	986 000
Total Equity	1 062 000	894 000	594 000	536 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 021 000	683 000	883 000	0
Creditors	77 000	51 000	20 000	88 000
Unpaid Taxes	70 000	40 000	96 000	53 000
Dividends	0	100 000	0	0
Other Current Debt	106 000	106 000	110 000	211 000
Total Current Debt	333 000	433 000	242 000	450 000
Total Equity and Debt	2 416 000	2 010 000	1 719 000	986 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,82 %	44,74 %	−44,11 %	64,55 %
Debt-to-Equity Ratio	0,96	0,76	1,49	0
Operating Profit Margin	48,93 %	44,71 %	−22,29 %	31,64 %
Current Ratio	5,89	3,7	6,8	2,19
Quick Ratio	−2,59	−2,85	−2,57	−5,24
Equity Ratio	0,44	0,44	0,35	0,54
Gross Profit Margin	63,67 %	59,5 %	5,91 %	48,21 %