LITH AS

0358 OSLO

Finances

Share Ownership

Return on Equity

109,01 %

Current Ratio

0,43

Debt-to-Equity Ratio

−0,52

Key figures (NOK)	2021	2020	2019	2018
Revenue	145 000	282 000	348 000	69 000
Net Income	−121 000	−3 000	−12 000	−15 000
Total Assets	109 000	108 000	128 000	168 000
Total Equity	−111 000	10 000	13 000	26 000

Income (NOK)	2021	2020	2019	2018
Revenue	145 000	282 000	348 000	69 000
Expenditure	256 000	284 000	351 000	83 000
Operating Profit	−111 000	−2 000	−4 000	−15 000
Financial Income	3 000	0	0	0
Financial Costs	13 000	0	8 000	1 000
Financial Balance	−10 000	0	−8 000	−1 000
Earnings Before Tax	−121 000	−3 000	−12 000	−15 000
Tax	0	0	0	0
Net Income	−121 000	−3 000	−12 000	−15 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	40 000	70 000	101 000	119 000
Total Current Assets	69 000	38 000	27 000	49 000
Total Assets	109 000	108 000	128 000	168 000
Total Retained Equity	−151 000	−30 000	−27 000	−14 000
Total Equity	−111 000	10 000	13 000	26 000
Total Long-Term Debt	58 000	70 000	87 000	107 000
Total Current Debt	161 000	28 000	28 000	37 000
Total Equity and Debt	109 000	108 000	128 000	169 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	145 000	282 000	344 000	69 000
Other Income	0	0	5 000	0
Revenue	145 000	282 000	348 000	69 000
Cost of Goods Sold	96 000	102 000	106 000	36 000
Salary Costs	3 000	0	0	0
Depreciation	30 000	31 000	32 000	5 000
Impairment	0	0	0	−3 000
Expenditure	256 000	284 000	351 000	83 000
Operating Profit	−111 000	−2 000	−4 000	−15 000
Financial Income	3 000	0	0	0
Financial Costs	13 000	0	8 000	1 000
Financial Balance	−10 000	0	−8 000	−1 000
Dividends	0	0	0	0
Net Income	−121 000	−3 000	−12 000	−15 000

Balance details (NOK)	2021	2020	2019	2018
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	40 000	70 000	101 000	118 000
Total Tangible Assets	40 000	70 000	101 000	118 000
Total Fiancial Fixed Assets	0	0	0	1 000
Total Fixed Assets	40 000	70 000	101 000	119 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	17 000	5 000	5 000	2 000
Total Current Assets	69 000	38 000	27 000	49 000
Total Assets	109 000	108 000	128 000	168 000
Total Equity	−111 000	10 000	13 000	26 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	58 000	70 000	87 000	107 000
Creditors	101 000	16 000	8 000	37 000
Unpaid Taxes	7 000	3 000	12 000	0
Dividends	0	0	0	0
Other Current Debt	53 000	0	7 000	0
Total Current Debt	161 000	28 000	28 000	37 000
Total Equity and Debt	109 000	108 000	128 000	169 000

Financial indicators	2021	2020	2019	2018
Return on Equity	109,01 %	−30 %	−92,31 %	−57,69 %
Debt-to-Equity Ratio	−0,52	7	6,69	4,12
Operating Profit Margin	−76,55 %	−0,71 %	−1,15 %	−21,74 %
Current Ratio	0,43	1,36	0,96	1,32
Quick Ratio	0,43	1,36	0,96	1,32
Equity Ratio	−1,02	0,09	0,1	0,15
Gross Profit Margin	33,79 %	63,83 %	69,54 %	47,83 %