LETO EIENDOM AS

2080 EIDSVOLL

Finances

Return on Equity

33,9 %

Current Ratio

0,98

Debt-to-Equity Ratio

4,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	141 172 000	153 871 000	139 011 000	129 295 000
Net Income	21 430 000	33 924 000	16 497 000	9 571 000
Total Assets	369 082 000	352 297 000	316 453 000	304 807 000
Total Equity	63 222 000	61 976 000	49 051 000	38 554 000

Income (NOK)	2022	2021	2020	2019
Revenue	141 172 000	153 871 000	139 011 000	129 295 000
Expenditure	112 429 000	123 983 000	111 461 000	110 676 000
Operating Profit	28 742 000	29 888 000	27 551 000	18 617 000
Financial Income	6 280 000	16 673 000	178 000	621 000
Financial Costs	8 899 000	6 436 000	6 581 000	7 043 000
Financial Balance	−2 619 000	10 237 000	−6 403 000	−6 422 000
Earnings Before Tax	26 124 000	40 125 000	21 148 000	12 195 000
Tax	4 693 000	6 201 000	4 650 000	2 624 000
Net Income	21 430 000	33 924 000	16 497 000	9 571 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	332 570 000	306 091 000	284 906 000	283 159 000
Total Current Assets	36 512 000	46 205 000	31 548 000	21 648 000
Total Assets	369 082 000	352 297 000	316 453 000	304 807 000
Total Retained Equity	54 055 000	54 337 000	41 531 000	31 034 000
Total Equity	63 222 000	61 976 000	49 051 000	38 554 000
Total Long-Term Debt	268 598 000	247 775 000	233 429 000	238 497 000
Total Current Debt	37 261 000	42 547 000	33 973 000	27 756 000
Total Equity and Debt	369 082 000	352 297 000	316 453 000	304 807 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	141 172 000	153 871 000	139 011 000	129 295 000
Other Income	0	0	0	0
Revenue	141 172 000	153 871 000	139 011 000	129 295 000
Cost of Goods Sold	61 553 000	62 629 000	58 648 000	51 771 000
Salary Costs	17 135 000	24 703 000	24 040 000	28 518 000
Depreciation	9 484 000	9 399 000	9 284 000	8 152 000
Impairment	0	0	0	0
Expenditure	112 429 000	123 983 000	111 461 000	110 676 000
Operating Profit	28 742 000	29 888 000	27 551 000	18 617 000
Financial Income	6 280 000	16 673 000	178 000	621 000
Financial Costs	8 899 000	6 436 000	6 581 000	7 043 000
Financial Balance	−2 619 000	10 237 000	−6 403 000	−6 422 000
Dividends	0	0	0	0
Net Income	21 430 000	33 924 000	16 497 000	9 571 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	67 000	0	0	0
Real Eastate	304 757 000	286 098 000	263 303 000	260 644 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 448 000	5 118 000	6 508 000	6 888 000
Total Tangible Assets	306 205 000	291 216 000	269 812 000	267 533 000
Total Fiancial Fixed Assets	26 298 000	14 875 000	15 094 000	15 627 000
Total Fixed Assets	332 570 000	306 091 000	284 906 000	283 159 000
Stock	37 278 000	19 078 000	16 326 000	14 309 000
Total Investments	55 000	7 771 000	0	0
Cash, Bank	13 381 000	14 476 000	8 182 000	2 702 000
Total Current Assets	36 512 000	46 205 000	31 548 000	21 648 000
Total Assets	369 082 000	352 297 000	316 453 000	304 807 000
Total Equity	63 222 000	61 976 000	49 051 000	38 554 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	268 598 000	247 775 000	233 429 000	238 497 000
Creditors	8 115 000	5 936 000	6 389 000	3 678 000
Unpaid Taxes	2 518 000	4 063 000	2 546 000	3 387 000
Dividends	0	0	0	0
Other Current Debt	22 026 000	20 299 000	15 228 000	13 750 000
Total Current Debt	37 261 000	42 547 000	33 973 000	27 756 000
Total Equity and Debt	369 082 000	352 297 000	316 453 000	304 807 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,9 %	54,74 %	33,63 %	24,82 %
Debt-to-Equity Ratio	4,25	4	4,76	6,19
Operating Profit Margin	20,36 %	19,42 %	19,82 %	14,4 %
Current Ratio	0,98	1,09	0,93	0,78
Quick Ratio	−2 147,76	1,97	1,79	1,61
Equity Ratio	0,17	0,18	0,16	0,13
Gross Profit Margin	56,4 %	59,3 %	57,81 %	59,96 %