LIFETOOLS AS

3616 KONGSBERG

Finances

Share Ownership

Return on Equity

−328,59 %

Current Ratio

0,69

Debt-to-Equity Ratio

3,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 275 000	1 944 000	856 000	1 331 000
Net Income	−2 287 000	−2 455 000	−2 376 000	311 000
Total Assets	11 418 000	7 157 000	7 184 000	3 804 000
Total Equity	696 000	−1 617 000	−737 000	573 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 275 000	1 944 000	856 000	1 331 000
Expenditure	4 565 000	4 401 000	3 225 000	1 019 000
Operating Profit	−2 290 000	−2 457 000	−2 370 000	312 000
Financial Income	6 000	5 000	10 000	1 000
Financial Costs	3 000	2 000	16 000	3 000
Financial Balance	3 000	3 000	−6 000	−2 000
Earnings Before Tax	−2 287 000	−2 455 000	−2 376 000	311 000
Tax	0	0	0	0
Net Income	−2 287 000	−2 455 000	−2 376 000	311 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 708 000	4 912 000	3 753 000	2 548 000
Total Current Assets	5 709 000	2 245 000	3 431 000	1 256 000
Total Assets	11 418 000	7 157 000	7 184 000	3 804 000
Total Retained Equity	−3 953 000	−5 747 000	−3 292 000	43 000
Total Equity	696 000	−1 617 000	−737 000	573 000
Total Long-Term Debt	2 400 000	2 402 000	2 400 000	124 000
Total Current Debt	8 321 000	6 371 000	5 521 000	3 106 000
Total Equity and Debt	11 418 000	7 157 000	7 184 000	3 804 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 907 000	1 292 000	856 000	521 000
Other Income	369 000	652 000	0	810 000
Revenue	2 275 000	1 944 000	856 000	1 331 000
Cost of Goods Sold	1 260 000	1 508 000	1 154 000	204 000
Salary Costs	2 151 000	1 721 000	1 009 000	207 000
Depreciation	340 000	270 000	233 000	0
Impairment	0	0	0	0
Expenditure	4 565 000	4 401 000	3 225 000	1 019 000
Operating Profit	−2 290 000	−2 457 000	−2 370 000	312 000
Financial Income	6 000	5 000	10 000	1 000
Financial Costs	3 000	2 000	16 000	3 000
Financial Balance	3 000	3 000	−6 000	−2 000
Dividends	0	0	0	0
Net Income	−2 287 000	−2 455 000	−2 376 000	311 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 610 000	4 784 000	3 670 000	2 548 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	99 000	128 000	83 000	0
Total Tangible Assets	99 000	128 000	83 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 708 000	4 912 000	3 753 000	2 548 000
Stock	0	10 000	14 000	45 000
Total Investments	0	0	0	0
Cash, Bank	4 346 000	718 000	1 846 000	447 000
Total Current Assets	5 709 000	2 245 000	3 431 000	1 256 000
Total Assets	11 418 000	7 157 000	7 184 000	3 804 000
Total Equity	696 000	−1 617 000	−737 000	573 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 400 000	2 402 000	2 400 000	124 000
Creditors	314 000	383 000	1 810 000	351 000
Unpaid Taxes	148 000	170 000	75 000	56 000
Dividends	0	0	0	0
Other Current Debt	7 859 000	5 819 000	3 636 000	2 699 000
Total Current Debt	8 321 000	6 371 000	5 521 000	3 106 000
Total Equity and Debt	11 418 000	7 157 000	7 184 000	3 804 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−328,59 %	151,82 %	322,39 %	54,28 %
Debt-to-Equity Ratio	3,45	−1,49	−3,26	0,22
Operating Profit Margin	−100,66 %	−126,39 %	−276,87 %	23,44 %
Current Ratio	0,69	0,35	0,62	0,4
Quick Ratio	0,69	0,35	0,62	0,41
Equity Ratio	0,06	−0,23	−0,1	0,15
Gross Profit Margin	44,62 %	22,43 %	−34,81 %	84,67 %