LITNOR BYGG AS

6013 ÅLESUND

Finances

Share Ownership

Return on Equity

54,96 %

Current Ratio

0,4

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 623 000	8 765 000	5 142 000	325 000
Net Income	−438 000	−161 000	−205 000	−18 000
Total Assets	720 000	997 000	631 000	185 000
Total Equity	−797 000	−359 000	−198 000	6 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 623 000	8 765 000	5 142 000	325 000
Expenditure	10 000 000	8 891 000	5 338 000	349 000
Operating Profit	−377 000	−127 000	−195 000	−23 000
Financial Income	0	−17 000	0	0
Financial Costs	61 000	17 000	4 000	0
Financial Balance	−61 000	−34 000	−4 000	0
Earnings Before Tax	−438 000	−161 000	−200 000	−23 000
Tax	0	0	5 000	−5 000
Net Income	−438 000	−161 000	−205 000	−18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	112 000	140 000	80 000	20 000
Total Current Assets	607 000	857 000	551 000	166 000
Total Assets	720 000	997 000	631 000	185 000
Total Retained Equity	−822 000	−383 000	−223 000	−18 000
Total Equity	−797 000	−359 000	−198 000	6 000
Total Long-Term Debt	0	0	−5 000	0
Total Current Debt	1 517 000	1 356 000	835 000	179 000
Total Equity and Debt	720 000	997 000	631 000	185 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 623 000	8 765 000	5 142 000	325 000
Other Income	0	0	0	0
Revenue	9 623 000	8 765 000	5 142 000	325 000
Cost of Goods Sold	2 643 000	1 587 000	1 228 000	0
Salary Costs	5 696 000	5 887 000	3 153 000	264 000
Depreciation	30 000	33 000	5 000	0
Impairment	0	0	0	0
Expenditure	10 000 000	8 891 000	5 338 000	349 000
Operating Profit	−377 000	−127 000	−195 000	−23 000
Financial Income	0	−17 000	0	0
Financial Costs	61 000	17 000	4 000	0
Financial Balance	−61 000	−34 000	−4 000	0
Dividends	0	0	0	0
Net Income	−438 000	−161 000	−205 000	−18 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	5 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	77 000	140 000	80 000	15 000
Total Tangible Assets	77 000	140 000	80 000	15 000
Total Fiancial Fixed Assets	35 000	0	0	0
Total Fixed Assets	112 000	140 000	80 000	20 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	118 000	126 000	136 000	25 000
Total Current Assets	607 000	857 000	551 000	166 000
Total Assets	720 000	997 000	631 000	185 000
Total Equity	−797 000	−359 000	−198 000	6 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	−5 000	0
Creditors	177 000	34 000	53 000	−4 000
Unpaid Taxes	748 000	899 000	465 000	119 000
Dividends	0	0	0	0
Other Current Debt	592 000	424 000	317 000	65 000
Total Current Debt	1 517 000	1 356 000	835 000	179 000
Total Equity and Debt	720 000	997 000	631 000	185 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,96 %	44,85 %	103,54 %	−300 %
Debt-to-Equity Ratio	−0	−0	0,03	0
Operating Profit Margin	−3,92 %	−1,45 %	−3,79 %	−7,08 %
Current Ratio	0,4	0,63	0,66	0,93
Quick Ratio	0,4	0,63	0,66	0,93
Equity Ratio	−1,11	−0,36	−0,31	0,03
Gross Profit Margin	72,53 %	81,89 %	76,12 %	100 %