NORSK LUT AS

7900 RØRVIK

Finances

Return on Equity

95,92 %

Current Ratio

1,78

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	32 442 000	13 169 000	9 451 000	945 000
Net Income	2 678 000	855 000	539 000	2 000
Total Assets	6 324 000	3 669 000	2 177 000	694 000
Total Equity	2 792 000	1 104 000	649 000	110 000

Income (NOK)	2022	2021	2020	2019
Revenue	32 442 000	13 169 000	9 451 000	945 000
Expenditure	29 151 000	12 001 000	8 672 000	944 000
Operating Profit	3 291 000	1 170 000	778 000	2 000
Financial Income	349 000	29 000	8 000	0
Financial Costs	237 000	101 000	97 000	0
Financial Balance	112 000	−72 000	−89 000	0
Earnings Before Tax	3 403 000	1 098 000	689 000	2 000
Tax	725 000	243 000	151 000	0
Net Income	2 678 000	855 000	539 000	2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	56 000	73 000	89 000	43 000
Total Current Assets	6 268 000	3 597 000	2 087 000	650 000
Total Assets	6 324 000	3 669 000	2 177 000	694 000
Total Retained Equity	2 684 000	996 000	541 000	2 000
Total Equity	2 792 000	1 104 000	649 000	110 000
Total Long-Term Debt	3 000	12 000	9 000	0
Total Current Debt	3 529 000	2 553 000	1 519 000	584 000
Total Equity and Debt	6 324 000	3 669 000	2 177 000	694 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	32 331 000	13 169 000	9 451 000	945 000
Other Income	111 000	0	0	0
Revenue	32 442 000	13 169 000	9 451 000	945 000
Cost of Goods Sold	25 736 000	9 780 000	7 470 000	774 000
Salary Costs	1 384 000	1 073 000	521 000	1 000
Depreciation	17 000	17 000	10 000	1 000
Impairment	0	0	0	0
Expenditure	29 151 000	12 001 000	8 672 000	944 000
Operating Profit	3 291 000	1 170 000	778 000	2 000
Financial Income	349 000	29 000	8 000	0
Financial Costs	237 000	101 000	97 000	0
Financial Balance	112 000	−72 000	−89 000	0
Dividends	0	0	0	0
Net Income	2 678 000	855 000	539 000	2 000

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	56 000	73 000	89 000	43 000
Fixtures	0	0	0	0
Total Tangible Assets	56 000	73 000	89 000	43 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	56 000	73 000	89 000	43 000
Stock	0	0	0	0
Total Investments	259 000	0	0	0
Cash, Bank	1 998 000	1 859 000	1 233 000	413 000
Total Current Assets	6 268 000	3 597 000	2 087 000	650 000
Total Assets	6 324 000	3 669 000	2 177 000	694 000
Total Equity	2 792 000	1 104 000	649 000	110 000
Short-Term Group Debt	0	0	0	100 000
Total Long-Term Debt	3 000	12 000	9 000	0
Creditors	1 332 000	1 818 000	715 000	483 000
Unpaid Taxes	1 268 000	322 000	436 000	1 000
Dividends	0	0	0	0
Other Current Debt	195 000	173 000	226 000	0
Total Current Debt	3 529 000	2 553 000	1 519 000	584 000
Total Equity and Debt	6 324 000	3 669 000	2 177 000	694 000

Financial indicators	2022	2021	2020	2019
Return on Equity	95,92 %	77,45 %	83,05 %	1,82 %
Debt-to-Equity Ratio	0	0,01	0,01	0
Operating Profit Margin	10,14 %	8,88 %	8,23 %	0,21 %
Current Ratio	1,78	1,41	1,37	1,11
Quick Ratio	1,78	1,41	1,37	1,11
Equity Ratio	0,44	0,3	0,3	0,16
Gross Profit Margin	20,67 %	25,73 %	20,96 %	18,1 %