LETNES ENTREPRENØR AS

7670 INDERØY

Finances

Share Ownership

Return on Equity

0,29 %

Current Ratio

1,95

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	155 575 000	137 082 000	118 256 000	126 386 000
Net Income	146 000	−4 552 000	3 871 000	2 976 000
Total Assets	81 395 000	87 609 000	85 837 000	86 591 000
Total Equity	49 897 000	49 752 000	54 303 000	50 433 000

Income (NOK)	2022	2021	2020	2019
Revenue	155 575 000	137 082 000	118 256 000	126 386 000
Expenditure	154 873 000	142 168 000	111 936 000	124 693 000
Operating Profit	145 000	−5 807 000	4 881 000	3 856 000
Financial Income	152 000	83 000	235 000	254 000
Financial Costs	135 000	151 000	173 000	295 000
Financial Balance	17 000	−68 000	62 000	−41 000
Earnings Before Tax	163 000	−5 875 000	4 943 000	3 815 000
Tax	17 000	−1 324 000	1 072 000	839 000
Net Income	146 000	−4 552 000	3 871 000	2 976 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 726 000	29 268 000	34 054 000	39 857 000
Total Current Assets	50 669 000	58 340 000	51 782 000	46 734 000
Total Assets	81 395 000	87 609 000	85 837 000	86 591 000
Total Retained Equity	33 816 000	33 670 000	38 222 000	37 534 000
Total Equity	49 897 000	49 752 000	54 303 000	50 433 000
Total Long-Term Debt	5 566 000	3 140 000	5 208 000	8 735 000
Total Current Debt	25 931 000	34 717 000	26 326 000	27 422 000
Total Equity and Debt	81 395 000	87 609 000	85 837 000	86 591 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	155 570 000	135 878 000	117 886 000	125 788 000
Other Income	6 000	1 204 000	370 000	597 000
Revenue	155 575 000	137 082 000	118 256 000	126 386 000
Cost of Goods Sold	75 127 000	75 961 000	52 228 000	68 524 000
Salary Costs	38 658 000	35 547 000	32 588 000	30 372 000
Depreciation	7 176 000	7 318 000	7 740 000	7 537 000
Impairment	0	0	0	0
Expenditure	154 873 000	142 168 000	111 936 000	124 693 000
Operating Profit	145 000	−5 807 000	4 881 000	3 856 000
Financial Income	152 000	83 000	235 000	254 000
Financial Costs	135 000	151 000	173 000	295 000
Financial Balance	17 000	−68 000	62 000	−41 000
Dividends	0	0	0	0
Net Income	146 000	−4 552 000	3 871 000	2 976 000

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	25 400 000	27 363 000	31 513 000	36 048 000
Fixtures	0	0	0	0
Total Tangible Assets	25 400 000	27 363 000	31 513 000	36 048 000
Total Fiancial Fixed Assets	5 326 000	1 906 000	2 541 000	3 809 000
Total Fixed Assets	30 726 000	29 268 000	34 054 000	39 857 000
Stock	2 150 000	1 708 000	2 428 000	3 866 000
Total Investments	0	0	0	0
Cash, Bank	17 741 000	3 343 000	2 432 000	2 312 000
Total Current Assets	50 669 000	58 340 000	51 782 000	46 734 000
Total Assets	81 395 000	87 609 000	85 837 000	86 591 000
Total Equity	49 897 000	49 752 000	54 303 000	50 433 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 566 000	3 140 000	5 208 000	8 735 000
Creditors	13 335 000	15 733 000	12 853 000	11 173 000
Unpaid Taxes	6 197 000	4 158 000	3 403 000	5 914 000
Dividends	0	0	0	0
Other Current Debt	6 399 000	14 816 000	6 074 000	7 687 000
Total Current Debt	25 931 000	34 717 000	26 326 000	27 422 000
Total Equity and Debt	81 395 000	87 609 000	85 837 000	86 591 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,29 %	−9,15 %	7,13 %	5,9 %
Debt-to-Equity Ratio	0,11	0,06	0,1	0,17
Operating Profit Margin	0,09 %	−4,24 %	4,13 %	3,05 %
Current Ratio	1,95	1,68	1,97	1,7
Quick Ratio	2,13	1,77	2,17	1,98
Equity Ratio	0,61	0,57	0,63	0,58
Gross Profit Margin	51,71 %	44,59 %	55,83 %	45,78 %