LITOTEK AS

7120 LEKSVIK

Finances

Return on Equity

1 577,01 %

Current Ratio

4,7

Debt-to-Equity Ratio

−11,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 758 000	1 650 000	1 368 000	261 000
Net Income	−1 372 000	917 000	687 000	81 000
Total Assets	1 096 000	3 270 000	1 177 000	222 000
Total Equity	−87 000	1 285 000	406 000	75 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 758 000	1 650 000	1 368 000	261 000
Expenditure	851 000	254 000	429 000	179 000
Operating Profit	907 000	1 395 000	939 000	83 000
Financial Income	2 000	1 000 000	22 000	36 000
Financial Costs	2 284 000	1 110 000	68 000	20 000
Financial Balance	−2 282 000	−110 000	−46 000	16 000
Earnings Before Tax	−1 375 000	1 285 000	893 000	99 000
Tax	−2 000	369 000	207 000	17 000
Net Income	−1 372 000	917 000	687 000	81 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	66 000	64 000	47 000	0
Total Current Assets	1 030 000	3 206 000	1 129 000	222 000
Total Assets	1 096 000	3 270 000	1 177 000	222 000
Total Retained Equity	−111 000	1 261 000	382 000	51 000
Total Equity	−87 000	1 285 000	406 000	75 000
Total Long-Term Debt	964 000	1 069 000	83 000	80 000
Total Current Debt	219 000	916 000	688 000	67 000
Total Equity and Debt	1 096 000	3 270 000	1 177 000	222 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 758 000	1 650 000	1 368 000	261 000
Other Income	0	0	0	0
Revenue	1 758 000	1 650 000	1 368 000	261 000
Cost of Goods Sold	3 000	20 000	48 000	153 000
Salary Costs	651 000	154 000	291 000	0
Depreciation	25 000	18 000	1 000	0
Impairment	0	0	0	0
Expenditure	851 000	254 000	429 000	179 000
Operating Profit	907 000	1 395 000	939 000	83 000
Financial Income	2 000	1 000 000	22 000	36 000
Financial Costs	2 284 000	1 110 000	68 000	20 000
Financial Balance	−2 282 000	−110 000	−46 000	16 000
Dividends	0	0	0	0
Net Income	−1 372 000	917 000	687 000	81 000

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	49 000	46 000	46 000	0
Total Tangible Assets	49 000	46 000	46 000	0
Total Fiancial Fixed Assets	18 000	18 000	1 000	0
Total Fixed Assets	66 000	64 000	47 000	0
Stock	0	0	0	0
Total Investments	802 000	3 133 000	996 000	111 000
Cash, Bank	115 000	21 000	96 000	61 000
Total Current Assets	1 030 000	3 206 000	1 129 000	222 000
Total Assets	1 096 000	3 270 000	1 177 000	222 000
Total Equity	−87 000	1 285 000	406 000	75 000
Short-Term Group Debt	0	422 000	456 000	0
Total Long-Term Debt	964 000	1 069 000	83 000	80 000
Creditors	2 000	3 000	66 000	4 000
Unpaid Taxes	158 000	84 000	38 000	0
Dividends	0	0	0	0
Other Current Debt	59 000	37 000	24 000	45 000
Total Current Debt	219 000	916 000	688 000	67 000
Total Equity and Debt	1 096 000	3 270 000	1 177 000	222 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 577,01 %	71,36 %	169,21 %	108 %
Debt-to-Equity Ratio	−11,08	0,83	0,2	1,07
Operating Profit Margin	51,59 %	84,55 %	68,64 %	31,8 %
Current Ratio	4,7	3,5	1,64	3,31
Quick Ratio	4,7	3,5	1,64	3,31
Equity Ratio	−0,08	0,39	0,34	0,34
Gross Profit Margin	99,83 %	98,79 %	96,49 %	41,38 %