LUTHER & CO AS

3482 TOFTE

Finances

Share Ownership

Return on Equity

1,37 %

Current Ratio

1,27

Debt-to-Equity Ratio

1,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 427 000	12 754 000	9 279 000	7 452 000
Net Income	11 000	665 000	424 000	−319 000
Total Assets	4 372 000	4 488 000	3 278 000	2 030 000
Total Equity	805 000	794 000	129 000	−295 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 427 000	12 754 000	9 279 000	7 452 000
Expenditure	14 320 000	11 843 000	8 789 000	7 755 000
Operating Profit	108 000	912 000	490 000	−303 000
Financial Income	12 000	7 000	6 000	1 000
Financial Costs	104 000	65 000	41 000	16 000
Financial Balance	−92 000	−58 000	−35 000	−15 000
Earnings Before Tax	17 000	854 000	454 000	−319 000
Tax	6 000	189 000	31 000	0
Net Income	11 000	665 000	424 000	−319 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 099 000	1 520 000	1 396 000	756 000
Total Current Assets	3 272 000	2 968 000	1 882 000	1 274 000
Total Assets	4 372 000	4 488 000	3 278 000	2 030 000
Total Retained Equity	781 000	770 000	104 000	−319 000
Total Equity	805 000	794 000	129 000	−295 000
Total Long-Term Debt	997 000	1 378 000	1 168 000	589 000
Total Current Debt	2 570 000	2 315 000	1 981 000	1 736 000
Total Equity and Debt	4 372 000	4 488 000	3 278 000	2 030 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 504 000	12 648 000	9 265 000	7 431 000
Other Income	−77 000	107 000	14 000	21 000
Revenue	14 427 000	12 754 000	9 279 000	7 452 000
Cost of Goods Sold	6 077 000	5 072 000	2 534 000	2 560 000
Salary Costs	5 901 000	5 022 000	4 536 000	3 823 000
Depreciation	410 000	395 000	224 000	133 000
Impairment	0	0	0	0
Expenditure	14 320 000	11 843 000	8 789 000	7 755 000
Operating Profit	108 000	912 000	490 000	−303 000
Financial Income	12 000	7 000	6 000	1 000
Financial Costs	104 000	65 000	41 000	16 000
Financial Balance	−92 000	−58 000	−35 000	−15 000
Dividends	0	0	0	0
Net Income	11 000	665 000	424 000	−319 000

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	326 000	415 000	0	0
Fixtures	774 000	1 069 000	1 323 000	756 000
Total Tangible Assets	1 099 000	1 484 000	1 323 000	756 000
Total Fiancial Fixed Assets	0	36 000	73 000	0
Total Fixed Assets	1 099 000	1 520 000	1 396 000	756 000
Stock	668 000	573 000	368 000	178 000
Total Investments	0	0	0	0
Cash, Bank	1 125 000	1 262 000	485 000	474 000
Total Current Assets	3 272 000	2 968 000	1 882 000	1 274 000
Total Assets	4 372 000	4 488 000	3 278 000	2 030 000
Total Equity	805 000	794 000	129 000	−295 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	997 000	1 378 000	1 168 000	589 000
Creditors	563 000	608 000	242 000	224 000
Unpaid Taxes	594 000	438 000	490 000	536 000
Dividends	0	0	0	0
Other Current Debt	1 360 000	1 117 000	1 229 000	975 000
Total Current Debt	2 570 000	2 315 000	1 981 000	1 736 000
Total Equity and Debt	4 372 000	4 488 000	3 278 000	2 030 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,37 %	83,75 %	328,68 %	108,14 %
Debt-to-Equity Ratio	1,24	1,74	9,05	−2
Operating Profit Margin	0,75 %	7,15 %	5,28 %	−4,07 %
Current Ratio	1,27	1,28	0,95	0,73
Quick Ratio	1,72	1,7	1,17	0,82
Equity Ratio	0,18	0,18	0,04	−0,15
Gross Profit Margin	57,88 %	60,23 %	72,69 %	65,65 %