LTIMINDTREE NORGE AS

1366 LYSAKER

Finances

Share Ownership

Return on Equity

28,69 %

Current Ratio

1,32

Debt-to-Equity Ratio

Key figures (NOK)	2023	2022	2021	2020
Revenue	129 952 000	137 871 000	117 592 000	16 907 000
Net Income	4 299 000	5 367 000	4 684 000	604 000
Total Assets	55 795 000	48 388 000	60 014 000	23 185 000
Total Equity	14 984 000	10 685 000	5 318 000	634 000

Income (NOK)	2023	2022	2021	2020
Revenue	129 952 000	137 871 000	117 592 000	16 907 000
Expenditure	126 821 000	129 579 000	111 860 000	15 032 000
Operating Profit	3 131 000	8 292 000	5 732 000	1 875 000
Financial Income	3 007 000	91 000	1 706 000	472 000
Financial Costs	581 000	1 495 000	1 432 000	1 573 000
Financial Balance	2 426 000	−1 404 000	274 000	−1 101 000
Earnings Before Tax	5 557 000	6 887 000	6 007 000	774 000
Tax	1 258 000	1 520 000	1 322 000	170 000
Net Income	4 299 000	5 367 000	4 684 000	604 000

Balance (NOK)	2023	2022	2021	2020
Total Fixed Assets	1 941 000	3 049 000	4 502 000	5 861 000
Total Current Assets	53 854 000	45 339 000	55 512 000	17 324 000
Total Assets	55 795 000	48 388 000	60 014 000	23 185 000
Total Retained Equity	14 954 000	10 655 000	5 288 000	604 000
Total Equity	14 984 000	10 685 000	5 318 000	634 000
Total Long-Term Debt	0	0	3 000	3 000
Total Current Debt	40 810 000	37 702 000	54 694 000	22 548 000
Total Equity and Debt	55 795 000	48 388 000	60 014 000	23 185 000

Cash flow (NOK)	2023	2022	2021	2020
Sales Income	129 952 000	137 871 000	117 592 000	16 907 000
Other Income	0	0	0	0
Revenue	129 952 000	137 871 000	117 592 000	16 907 000
Cost of Goods Sold	75 962 000	84 523 000	84 680 000	10 974 000
Salary Costs	47 706 000	42 248 000	12 352 000	0
Depreciation	1 779 000	1 462 000	1 462 000	1 447 000
Impairment	0	0	0	0
Expenditure	126 821 000	129 579 000	111 860 000	15 032 000
Operating Profit	3 131 000	8 292 000	5 732 000	1 875 000
Financial Income	3 007 000	91 000	1 706 000	472 000
Financial Costs	581 000	1 495 000	1 432 000	1 573 000
Financial Balance	2 426 000	−1 404 000	274 000	−1 101 000
Dividends	0	0	0	0
Net Income	4 299 000	5 367 000	4 684 000	604 000

Balance details (NOK)	2023	2022	2021	2020
Goodwill	0	0	0	0
Total Intangible Assets	1 488 000	2 894 000	4 341 000	5 788 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	395 000	44 000	58 000	73 000
Total Tangible Assets	395 000	44 000	58 000	73 000
Total Fiancial Fixed Assets	58 000	111 000	103 000	0
Total Fixed Assets	1 941 000	3 049 000	4 502 000	5 861 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	14 301 000	11 422 000	19 790 000	5 636 000
Total Current Assets	53 854 000	45 339 000	55 512 000	17 324 000
Total Assets	55 795 000	48 388 000	60 014 000	23 185 000
Total Equity	14 984 000	10 685 000	5 318 000	634 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	3 000	3 000
Creditors	16 689 000	12 955 000	30 977 000	19 359 000
Unpaid Taxes	8 549 000	6 601 000	4 498 000	1 916 000
Dividends	0	0	0	0
Other Current Debt	12 750 000	15 384 000	17 728 000	1 105 000
Total Current Debt	40 810 000	37 702 000	54 694 000	22 548 000
Total Equity and Debt	55 795 000	48 388 000	60 014 000	23 185 000

Financial indicators	2023	2022	2021	2020
Return on Equity	28,69 %	50,23 %	88,08 %	95,27 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,41 %	6,01 %	4,87 %	11,09 %
Current Ratio	1,32	1,2	1,01	0,77
Quick Ratio	1,32	1,2	1,01	0,77
Equity Ratio	0,27	0,22	0,09	0,03
Gross Profit Margin	41,55 %	38,69 %	27,99 %	35,09 %