L.REITAN AS

6460 EIDSVÅG I ROMSDAL

Finances

Share Ownership

Return on Equity

175,68 %

Current Ratio

0,64

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	442 000	376 000	473 000
Net Income	−65 000	127 000	335 000
Total Assets	162 000	78 000	198 000
Total Equity	−37 000	27 000	86 000

Income (NOK)	2022	2021	2020
Revenue	442 000	376 000	473 000
Expenditure	524 000	183 000	106 000
Operating Profit	−82 000	194 000	367 000
Financial Income	0	0	58 000
Financial Costs	0	24 000	9 000
Financial Balance	0	−24 000	49 000
Earnings Before Tax	−83 000	170 000	416 000
Tax	−18 000	43 000	81 000
Net Income	−65 000	127 000	335 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	35 000	57 000	63 000
Total Current Assets	127 000	21 000	135 000
Total Assets	162 000	78 000	198 000
Total Retained Equity	−67 000	−3 000	56 000
Total Equity	−37 000	27 000	86 000
Total Long-Term Debt	0	1 000	1 000
Total Current Debt	199 000	50 000	111 000
Total Equity and Debt	162 000	78 000	198 000

Cash flow (NOK)	2022	2021	2020
Sales Income	442 000	376 000	473 000
Other Income	0	0	0
Revenue	442 000	376 000	473 000
Cost of Goods Sold	270 000	0	0
Salary Costs	37 000	1 000	0
Depreciation	4 000	7 000	6 000
Impairment	0	0	0
Expenditure	524 000	183 000	106 000
Operating Profit	−82 000	194 000	367 000
Financial Income	0	0	58 000
Financial Costs	0	24 000	9 000
Financial Balance	0	−24 000	49 000
Dividends	0	0	0
Net Income	−65 000	127 000	335 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	18 000	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	17 000	22 000	28 000
Total Tangible Assets	17 000	22 000	28 000
Total Fiancial Fixed Assets	0	35 000	35 000
Total Fixed Assets	35 000	57 000	63 000
Stock	0	0	0
Total Investments	0	0	73 000
Cash, Bank	10 000	0	0
Total Current Assets	127 000	21 000	135 000
Total Assets	162 000	78 000	198 000
Total Equity	−37 000	27 000	86 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	1 000	1 000
Creditors	80 000	65 000	19 000
Unpaid Taxes	99 000	39 000	12 000
Dividends	0	0	0
Other Current Debt	4 000	−97 000	0
Total Current Debt	199 000	50 000	111 000
Total Equity and Debt	162 000	78 000	198 000

Financial indicators	2022	2021	2020
Return on Equity	175,68 %	470,37 %	389,53 %
Debt-to-Equity Ratio	−0	0,04	0,01
Operating Profit Margin	−18,55 %	51,6 %	77,59 %
Current Ratio	0,64	0,42	1,22
Quick Ratio	0,64	0,42	1,22
Equity Ratio	−0,23	0,35	0,43
Gross Profit Margin	38,91 %	100 %	100 %